Student Loan Guarantee Foundation
Student Loan Guarantee Foundation is a private foundation focused on public and societal benefit, based in North Little Rock, AR. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.3M in total assets. In 2025, it awarded 5 grants totaling $135K. Net investment income was $150K.
Student Loan Guarantee Foundation at a glance
In short: Student Loan Guarantee Foundation gave $135K across 5 grants in 2025 (avg $27K), mostly in Arkansas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $134,860
- -24.6% vs 2024
- Grants made (2025)
- 5
- +0.0% vs 2024
- Average grant
- $26,972
- -24.6% vs 2024
- Median grant
- $10,000
- Total assets
- $4,318,051
- -5.5% vs 2024
- Primary geography
- Arkansas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Student Loan Guarantee Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was University of Central Arkansas ($96K). Together the top 5 received $135K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 30 grants of 34 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Student Loan Guarantee Foundation gives
- Giving fell 30% from 2022 to 2025. Method
- In 2025 it paid out 203% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $45K (2020) to $193K (2022). In 2025 it made 5 grants totaling $135K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Central Arkansas Conway, AR | To award scholarships of up to $5,000 per semester per student in the fiscal year ended 9/30/2025. | $95,660 |
| Southern Arkansas University Magnolia, AR | To award scholarships of up to $5,000 per semester per student in the fiscal year ended 9/30/2025. | $21,680 |
| University of Arkansas at Fort Smith Fort Smith, AR | To award scholarships of up to $5,000 per semester per student in the fiscal year ended 9/30/2025. | $10,000 |
| University of Arkansas at Pine Bluff Pine Bluff, AR | To award scholarships of up to $5,000 per semester per student in the fiscal year ended 9/30/2025. | $5,000 |
| Henderson State University Arkadelphia, AR | To award scholarships of up to $5,000 per semester per student in the fiscal year ended 9/30/2025. | $2,520 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,318,051 | $295,551 | $574,781 | $134,860 | 5 | $428,635 | $150,418 | $210,838 |
| 2024 | $4,571,533 | $159,756 | $583,445 | $178,760 | 5 | $439,929 | $34,487 | $221,274 |
| 2023 | $4,514,204 | $170,218 | $558,043 | $184,800 | 7 | $428,182 | $42,830 | $231,776 |
| 2022 | $4,791,598 | $19,989 | $531,013 | $192,840 | 11 | $427,807 | — | $260,360 |
| 2021 | $5,532,296 | $1,265 | $442,298 | $99,740 | 6 | — | — | $284,909 |
| 2020 | $5,972,227 | $56,960 | $857,661 | $44,660 | 2 | — | — | $312,387 |
| 2019 | $6,886,997 | $-290,602 | $1,727,520 | — | — | — | $-481,194 | — |
Under IRS private-foundation payout rules, Student Loan Guarantee Foundation reported a distributable amount of $211K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Student Loan Guarantee Foundation is led by Kimberly Elrod, Executive Director since 2021 (on filings since 2019); all 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Kimberly Elrod
Executive Director
Deputy Director → Executive Director, 2021
On filings since 2019
40 hrs/week
$111K (2019) → $166K (2025)
Mark Ryan
President
Member → President, 2020
On filings since 2019
1 hr/week
$5K (2019) → $6K (2025)
Tom Bishop
Director
Member → Secretary, 2020
Secretary → Director, 2023
On filings since 2019
1 hr/week
$5K (2019) → $6K (2025)
Samuel Howell
Vice President
Member → Vice President, 2020
On filings since 2019
1 hr/week
$4K (2019) → $6K (2025)
Susan Balest
Secretary
Executive Director & CFO → Director, 2021
Director → Secretary, 2023
On filings since 2019
1 hr/week
$211K (2019) → $6K (2025)
Former officers (1)
- Former: Gary Greene (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $166K, to Ms Kimberly Elrod (Executive Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Student Loan Guarantee Foundation
How much does Student Loan Guarantee Foundation give each year?
Student Loan Guarantee Foundation gave $135K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $179K across 5 grants.
What is Student Loan Guarantee Foundation's typical grant size?
Student Loan Guarantee Foundation's median grant in 2025 was $10,000, and its average grant was $26,972, across 5 grants on its 2025 IRS Form 990-PF.
Where does Student Loan Guarantee Foundation give grants?
Student Loan Guarantee Foundation gives mostly in Arkansas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Student Loan Guarantee Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Student Loan Guarantee Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Student Loan Guarantee Foundation's largest grantees?
Student Loan Guarantee Foundation's largest 2025 grantees include University of Central Arkansas ($95,660), Southern Arkansas University ($21,680) and University of Arkansas at Fort Smith ($10,000), according to its 2025 IRS Form 990-PF. Together they received 94% of its itemized 2025 grant dollars.
How large is Student Loan Guarantee Foundation?
Student Loan Guarantee Foundation reported $4.3M in total assets on its 2025 IRS Form 990-PF. It paid out $429K in qualifying distributions that year, against a required minimum of $211K (roughly 5% of its investment assets).
What is Student Loan Guarantee Foundation?
Student Loan Guarantee Foundation is a private foundation focused on public and societal benefit, based in North Little Rock, AR. It holds $4.3M in total assets as of 2025.
What is Student Loan Guarantee Foundation's EIN?
Student Loan Guarantee Foundation's EIN (Employer Identification Number) is 71-0394768. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 29, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 23, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS March 17, 2020)
Live grants for the work Student Loan Guarantee Foundation funds
Public, Societal Benefit Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Student Loan Guarantee Foundation's focus areas in our free grants database
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