Student Aid Foundation Inc

ATLANTA, GA EIN: 58-0612611

Student Aid Foundation Inc is a private foundation, based in ATLANTA, GA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2.8M in total assets. In 2023, it made $7K in qualifying distributions. Net investment income was $57K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$2.8M

+8.6% YoY

Revenue

$70K

-50.8% YoY

Qualifying Distributions

$7K

-88.9% YoY

Expenses

$20K

-83.9% YoY

Under IRS private-foundation payout rules, Student Aid Foundation Inc reported a distributable amount of $107K for 2023 — the minimum it must pay out in qualifying distributions.

About Student Aid Foundation Inc

Based on IRS filings

Student Aid Foundation Inc is a private foundation, based in ATLANTA, GA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2.8M in total assets. In 2023, it made $7K in qualifying distributions. Net investment income was $57K.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$57K$114K$171K$229K2020202120222023
Metric202320222021
Total Assets$2,789,323$2,567,271$2,543,051
Revenue$69,999$142,191$88,997
Expenses$19,880$123,188$207,760
Qualifying Distributions$6,616$59,388$140,850
Net Investment Income$56,997$78,705$43,009
Distributable Amount$106,686$111,185$100,776

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20200 grants20210 grants20220 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2023

Grant Size Distribution

0 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2023.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
Sarah ErnstDirector3
Henry Grady IIIPresident3
John F OglesbyTreasurer3
Joni TowlesPresident & CEO3

Frequently Asked Questions

How large is Student Aid Foundation Inc?

As of 2023, Student Aid Foundation Inc holds $2.8M in total assets with $70K in annual revenue.

How much is Student Aid Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Student Aid Foundation Inc reported a distributable amount of $107K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Student Aid Foundation Inc's EIN?

Student Aid Foundation Inc's EIN (Employer Identification Number) is 58-0612611. IRS Form 990 filing data is available on this page for 2020–2023.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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