The Ellucian Foundation is a corporate foundation established in 2020 by Ellucian, a leading higher education technology solutions provider. Based in Reston, Virginia, the foundation operates as a 501(c)(3) nonprofit organization designated for philanthropic and grantmaking purposes. The foundation was officially tax-exempt as of May 2021.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$106K
+28.1% YoY
Annual Giving
$585K
-16.1% YoY
Grant Count
36
+28.6% YoY
Avg Grant Size
$16K
-34.8% YoY
Mission & Focus Areas
The Ellucian Foundation's primary mission centers on supporting higher education students facing financial hardship. The foundation recognizes that financial distress is a significant barrier preventing students from completing their degrees and remaining enrolled in school.
The foundation's core funding vehicle is the Progress, Accomplishment, Thriving, Hope (PATH) Scholarship program, established in 2020. The PATH Scholarship provides flexible, institution-managed grants to help students address immediate needs including housing, food, tuition, and transportation costs.
Grantmaking
The PATH Scholarship provides block grants to higher education institutions in three tiers:
How to Apply
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Geographic Focus
Where this funder awards grants
The PATH Scholarship program operates globally. Recent award announcements indicate that selected institutions span the United States and 9 additional countries. Specific geographic areas mentioned in recent grants include Texas, Arizona, and Alabama, though the program's reach extends internationally.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total Assets: $106,004
- Total Revenues: $621,200
- Total Expenses: $597,936
- Total Giving: $585,000
2023 Financial Data:
- Total Assets: $82,740
- Total Revenues: $609,000
- Total Expenses: $710,000
- Total Liabilities: $0
Grant Awards: Recent grant distributions include $100,000 to Charities Aid Foundation of America for Path Scholarships 2024, and $25,000 grants to institutions including California State University San Bernardino Philanthropic Foundation and Honor Society of Phi Kappa Phi/Texas A&M International University.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $106,004 | $82,740 | $249,262 |
| Revenue | $621,200 | $608,684 | $301,700 |
| Expenses | $597,936 | $710,206 | $656,177 |
| Qualifying Distributions | $588,786 | $710,206 | $656,177 |
| Net Investment Income | — | — | — |
| Distributable Amount | $5,574 | $4,164 | $21,780 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
134 grants across all recorded years
Open Grants
1 open opportunity from Ellucian Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Laura Ipsen — President and CEO, Ellucian (quoted in foundation announcements)
Jennifer Welding — Executive Director, Ellucian Foundation
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER WELDING | EXEC DIRECTOR AND DIRECTOR | 1 | — |
| KIRSTEN WEEKS | TREASURER AND DIRECTOR | 1 | — |
| RACHAEL TILLEY | SECRETARY AND DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
**March 2026:** The Ellucian Foundation announced that 58 institutions were selected to receive 2025 PATH Scholarships totaling $700,000+. The awards span institutions in the U.S. and 9 additional countries. The foundation noted that recent data from its Student Voice Report found that 23% of students who stopped out cannot afford upfront costs to return, and 15% are already burdened by student debt.
Ellucian Foundation's 2024 Path Scholarship Program to Award ...**February 2025:** The foundation announced 47 colleges and universities globally selected to receive 2024 PATH Scholarships totaling $600,000+. The announcement highlighted that 59% of students surveyed considered dropping out due to financial stress, with many reporting impacts on mental health and academic performance.
Ellucian Foundation Awards $700,000+ in PATH Scholarships to 58 Global Colleges**April 2024:** The foundation announced that the 2024 PATH Scholarship Program was accepting applications from eligible institutions, with $500,000 in available funding.
Ellucian Foundation's 2024 Path Scholarship Program to Award ...The foundation made 40 grants in its most recent reporting year and continues to expand its reach to support student financial stability and reduce educational disruptions caused by economic hardship.
Ellucian Foundation to Award Grants to 25 Two-Year Colleges | EllucianSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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