TO FOSTER, AID, ENCOURAGE AND ASSIST THE PURSUIT OF HIGHER EDUCATION BY REDUCING THE COST OF HIGHER EDUCATION THROUGH THE TOTAL HIGHER EDUCATION (THE) LOAN PROGRAM AND ADDITIONALLY THROUGH A GRANTS PROGRAM.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$825.6M
-18.9% YoY
Annual Giving
$4.3M
-8.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$1.1M
-8.0% YoY
About Northstar Education Finance Inc
Based on IRS filings
Northstar Education Finance Inc is a nonprofit organization focused on Education, based in EDEN PRAIRIE, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $825.6M in total assets. In 2024, it awarded 4 grants totaling $4.3M. Net investment income was $5.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $825,640,988 | $1,017,887,615 | $1,293,468,719 |
| Revenue | $68,106,847 | $72,587,293 | $40,177,777 |
| Expenses | $66,966,127 | $74,896,134 | $46,030,875 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,139,885 | $3,430,822 | $495,713 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wallin Education Partners ($3,198,696), College Possible ($680,000), Page Education Foundation ($220,600).
| Recipient | Purpose | Amount |
|---|---|---|
| WALLIN EDUCATION PARTNERS MINNEAPOLIS, MN | TO PROVIDE SCHOLARSHIPS TO STUDENTS AND SUPPORT WALLIN'S EXISTING SCHOLAR SUPPORT SERVICES THAT BENEFITS ALL SCHOLARS. | $3,198,696 |
| COLLEGE POSSIBLE SAINT PAUL, MN | TO PROVIDE AFTER-SCHOOL PROGRAMMING FOR HIGH-SCHOOL STUDENTS TO BETTER PREPARE THEM FOR ADMISSION TO COLLEGE. ADDITIONALLY, PROVIDE COACHES TO COLLEGE STUDENTS USING A STRUCTURED CURRICULUM FOCUSED ON THE ACADEMIC, FINANCIAL AND CULTURAL BARRIERS THAT HAVE BEEN IDENTIFIED AS BARRIERS TO COLLEGE SUCCESS FOR LOW-INCOME STUDENTS, WITH THE GOAL OF HELPING THEM SUCCEED AND GRADUATE FROM COLLEGE. | $680,000 |
| CRISTO REY JESUIT HIGH SCHOOL MINNEAPOLIS, MN | TO SUPPORT THE ORGANIZATION'S COLLEGE SUCCESS PROGRAM, WHICH COMBINES COLLEGE COUNSELING WITH POST-GRADUATION SUPPORT, SERVING AS A KEY RESOURCE FOR STUDENTS TO UNDERSTAND OPPORTUNITIES AVAILABLE TO THEM AFTER GRADUATION FROM HIGH SCHOOL. | $200,000 |
| PAGE EDUCATION FOUNDATION MINNEAPOLIS, MN | TO SUPPORT THE ORGANIZATION'S SCHOLARSHIP PROGRAM, WHICH PROVIDES SCHOLARSHIPS TARGETED AT STUDENTS FROM UNDERSERVED COMMUNITIES, COMBINING MENTORING AND COMMUNITY SERVICE WITH ITS SCHOLARSHIP PROGRAM TO SUPPORT AND ENCOURAGE ITS STUDENTS. | $220,600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TAIGE THORNTON | PRESIDENT | 15 | $100,000 |
| JOHN EMERICK | CHAIR | 1 | $37,500 |
| CLYDE NELSON | DIRECTOR | 1 | $27,500 |
| MARY ROTHCHILD | BOARD MEMBER | 1 | $27,500 |
| RICHARD HARRIS | DIRECTOR | 1 | $27,500 |
| ELIZABETH ANNE CARRIER DORAN | DIRECTOR (RETIRED) 12/2023 | 1 | $18,500 |
| RICHARD NIGON | DIRECTOR | 1 | $17,750 |
| DAVID REILING | DIRECTOR | 1 | $16,250 |
| CHARLES OSBORNE | CHIEF FINANCIAL OFFICER & TREASURER | 15 | $89,482 |
| SARAH DUNIWAY | SECRETARY | 1 | — |
| GREG LARSON | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Northstar Education Finance Inc?
Northstar Education Finance Inc is a nonprofit organization focused on Education, based in EDEN PRAIRIE, MN. It holds $825.6M in total assets as of 2024.
How large is Northstar Education Finance Inc?
As of 2024, Northstar Education Finance Inc holds $825.6M in total assets with $68.1M in annual revenue. It awarded 4 grants totaling $4.3M in 2024.
Where does Northstar Education Finance Inc operate?
Northstar Education Finance Inc has awarded grants in Minnesota.
What size grants does Northstar Education Finance Inc award?
In 2024, Northstar Education Finance Inc awarded 4 grants totaling $4.3M — an average of about $1.1M per grant, based on its IRS Form 990 filings.
What is Northstar Education Finance Inc's EIN?
Northstar Education Finance Inc's EIN (Employer Identification Number) is 41-1961427. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Northstar Education Finance Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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