Texas Guaranteed Student Loan Corporation logo

Texas Guaranteed Student Loan Corporation

Public charity · Grantmaker Round Rock, TX EIN: 74-2094204 Website

To develop and advance initiatives that grow individual economic mobility and expand community prosperity.

Key facts about Texas Guaranteed Student Loan Corporation

In short: Texas Guaranteed Student Loan Corporation gave $10.1M across 7 grants in 2025 (avg $1.4M), mostly in Texas. Source: 2025 IRS Form 990.

EIN
74-2094204
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$10,105,000
Grants made (2025)
7
Average grant
$1,443,571
Median grant
$20,000
Total assets
$620,810,061
Primary geography
Texas (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$620.8M

+8.4% YoY

Annual Giving

$10.1M

+0.4% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$1.4M

+0.4% YoY

How Texas Guaranteed Student Loan Corporation gives

  • Giving fell 94% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Texas Guaranteed Student Loan Corporation

Based on IRS filings

Texas Guaranteed Student Loan Corporation is a public charity focused on public and societal benefit, based in Round Rock, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $620.8M in total assets. In 2025, it awarded 7 grants totaling $10.1M. Net investment income was $8.7M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

San AntonioAtlantaAustinRound RockEl PasoAbileneAlpineHoustonHuntsvilleMontgomeryFort ValleyKilleenLaredoLubbockMcAllenNew OrleansNormalTylerBirminghamDallas

Giving Over Time

Total grant dollars and number of grants per year

$0$50M$100M$150M$200M8 grants2019 34 grants2020 21 grants2021 6 grants2022 6 grants2023 7 grants2024 7 grants2025

From 2019 to 2025, annual grant giving ranged from $65K (2023) to $166.3M (2022). In 2025 it made 7 grants totaling $10.1M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Trellis Foundation: $10.0MTrellis Foundation$10.0MThe University of Texas at El Paso: $25KThe University of Texas at ElPaso$25KTexas A&M University - Central Texas Foundation: $20KTexas A&M University - CentralTexas Foundation$20KMcMurry University Foundation: $20KMcMurry University Foundation$20KAlamo Community College District Foundation Inc Accd Foundation: $20KAlamo Community CollegeDistrict Foundation Inc Accd…$20KBorderlands Research Foundations: $10KBorderlands ResearchFoundations$10KStars Scholarship Fund: $10KStars Scholarship Fund$10K

The largest 2025 recipient was Trellis Foundation ($10.0M). Together the top 7 received $10.1M.

Grant Size Distribution

47 grants across all recorded years

42<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M4$5M+

The most common grant size was under $50K: 42 grants of 47 (89%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Trellis Foundation Round Rock, TXGeneral Support$10,000,000
The University of Texas at El Paso El Paso, TXGeneral Support$25,000
Texas A&M University - Central Texas Foundation Killeen, TXGeneral Support$20,000
McMurry University Foundation Abilene, TXGeneral Support$20,000
Alamo Community College District Foundation Inc Accd Foundation San Antonio, TXGeneral Support$20,000
Borderlands Research Foundations Alpine, TXGeneral Support$10,000
Stars Scholarship Fund McAllen, TXGeneral Support$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100M$200M$300M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$620,810,061$572,736,931$486,855,414
Revenue$72,856,424$98,509,390$64,584,806
Expenses$42,539,891$42,795,642$38,628,600
Net Investment Income$8,740,662$13,714,594$2,819,226

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS August 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS August 12, 2025)
  6. Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 11, 2026)
  8. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Texas Guaranteed Student Loan Corporation is led by Chromy Debra J., President & CEO on every filing since 2024; all 18 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Chromy Debra J.

    President & CEO

    On filings since 2024

    40 hrs/week

    $643K (2024) → $678K (2025)

  • Rambikur Sara T.

    Director Corp. Committee & Gov Ethics Officer Corp Secretary

    Director, Corporate Governance & Compliance → Director Corp. Committee & Gov Ethics Officer Corp Secretary, 2025

    On filings since 2024

    40 hrs/week

    $198K (2024) → $212K (2025)

  • Sweeney Jason M.

    Director - Sales & Marke

    Director - Sales & Marketing → Director - Sales & Marke, 2025

    On filings since 2024

    40 hrs/week

    $248K (2024) → $253K (2025)

  • Brandt Walter Scott

    Director, It Infrastructure & Security

    New on the 2025 filing

    40 hrs/week

    $230K (2025)

  • Polavaram Surendra B.

    Director & It Application Management

    New on the 2025 filing

    40 hrs/week

    $201K (2025)

  • Andarza Ivan

    Board Member

    On filings since 2024

    4 hrs/week

    $39K (2024) → $39K (2025)

  • Asher Rhonda A.

    Controller

    On filings since 2024

    40 hrs/week

    $204K (2024) → $211K (2025)

  • Ashton Bryan M.

    Chief Strategy & Growth Officer

    On filings since 2024

    40 hrs/week

    $336K (2024) → $367K (2025)

  • Batts Yvonne

    Board Member

    On filings since 2024

    4 hrs/week

    $45K (2024) → $48K (2025)

  • Escudero Edward

    Board Member

    On filings since 2024

    4 hrs/week

    $45K (2024) → $40K (2025)

  • Hackleman Linda S.

    Vice President & Human Resources

    On filings since 2024

    40 hrs/week

    $250K (2024) → $278K (2025)

  • High Susan G.

    Vice President & Operations

    On filings since 2024

    40 hrs/week

    $257K (2024) → $276K (2025)

  • Johnson Renard

    Board Member

    On filings since 2024

    4 hrs/week

    $48K (2024) → $58K (2025)

  • Padaki Chandrika Murali

    Vice President & Information Technology

    Interim Vice President & Information Technology → Vice President & Information Technology, 2025

    On filings since 2024

    40 hrs/week

    $206K (2024) → $269K (2025)

  • Rhodes Richard

    Board Member

    On filings since 2024

    4 hrs/week

    $58K (2024) → $39K (2025)

  • Schwanke David Scott

    Chief Financial Officer

    On filings since 2024

    40 hrs/week

    $379K (2024) → $402K (2025)

  • Verde Dora Ann

    Board Member

    On filings since 2024

    4 hrs/week

    $45K (2024) → $45K (2025)

  • Wilson Welcome Jr.

    Board Member

    On filings since 2024

    4 hrs/week

    $39K (2024) → $39K (2025)

Former officers (49)
  • Former: Dickenson Gregory H. (2024) — General Counsel
  • Former: Fournier Timothy J. (2024) — Chief Operating Officer
  • Former: Moroney Dennis (2024) — Board Member
  • Former: Smith Steven Ray (2024) — Director - Higher Education Services
  • Former: Webster Jeffrey James (2024) — Director & Research
  • Former: Zimmerman James E. (2024) — Vice President & Information Technology
  • Former: Bryan M. Ashton (2019–2023) — Chief Strategy & Growth Officer
  • Former: Dennis Moroney (2019–2023) — Board Member
  • Former: Donna M. Fritz (2019–2023) — Former Vice President, Marketing & Communications
  • Former: Dora Ann Verde (2019–2023) — Board Member
  • Former: Edward Escudero (2019–2023) — Board Member
  • Former: Gregory H. Dickenson (2019–2023) — General Counsel
  • Former: Ivan Andarza (2019–2023) — Board Member
  • Former: James E. Zimmerman (2019–2023) — Vice President & Information Technology
  • Former: Jeff J. Webster (2019–2023) — Director & Research
  • Former: Linda S. Hackleman (2019–2023) — Vice President & Human Resources
  • Former: Renard Johnson (2019–2023) — Board Member
  • Former: Richard Rhodes (2019–2023) — Board Member
  • Former: Susan G. High (2019–2023) — Vice President & Operations
  • Former: Welcome Wilson Jr. (2019–2023) — Board Member
  • Former: Yvonne Batts (2019–2023) — Board Member
  • Former: Danen T. Shiek (2021–2023) — Former Vice President & Sales
  • Former: Chandrika M. Padaki (2022–2023) — Director & It Shared Svcs
  • Former: David S. Schwanke (2022–2023) — CFO
  • Former: Debra J. Chromy (2022–2023) — President & CEO
  • Former: Timothy J. Fournier (2022–2023) — Chief Operating Officer
  • Former: Jason Michael Sweeney (2023) — Director & Strategic Initiatives
  • Former: John A. Seibert (2023) — Ombudsman
  • Former: Sara T. Rambikur (2023) — Director & Compliance
  • Former: Audrey Webb (2019–2022) — Director & It Shared Svcs
  • Former: Shelia Dunlap (2020–2022) — Director & Operations
  • Former: Steven R. Smith (2020–2022) — Director & Student Success Initiatives
  • Former: Joel B. Wilson (2022) — Director & Info Security Officer
  • Former: Matthew R. Steiner (2019–2021) — Director & Corp Analytics
  • Former: Scott D. Giles (2019–2021) — President & CEO
  • Former: Keith A. Eckellkamp (2020–2021) — Vice President & Controller
  • Former: Sharon A. Allen (2020–2021) — Director
  • Former: Michael A. Culligan (2021) — Tech Consultant
  • Former: Nicole S. Gilger (2019–2020) — Vice President & Controller
  • Former: Mark J Zarsky (2020) — Former Officer
  • Former: Mary O Negrete (2020) — Former Officer
  • Former: Selma Peralez (2020) — Director & Compliance
  • Former: Brian W. Gilbert (2019) — Director, Committee & Mrktg
  • Former: George C. Torres To (2019) — Senior Advisor to President
  • Former: James Patterson To (2019) — Former Officer
  • Former: Maria Ryan To (2019) — Vice President & Controller
  • Former: Mark J. Zarsky To (2019) — Former Officer
  • Former: Mary O. Negrete To (2019) — Former Officer
  • Former: Sheila Dunlap (2019) — Director & Operations

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

Chromy Debra J — President/CEO: $678KChromy Debra JPresident/CEO$678KSchwanke David Scott — Chief Financial Officer: $402KSchwanke David ScottChief Financial Officer$402KAshton Bryan M — Chief Strategy and Growth Officer: $367KAshton Bryan MChief Strategy and Growth…$367KHackleman Linda S — VP, Human Resources: $278KHackleman Linda SVP, Human Resources$278KHigh Susan G — VP, Operations: $276KHigh Susan GVP, Operations$276KPadaki Chandrika Murali — VP, Information Technology: $269KPadaki Chandrika MuraliVP, Information Technology$269KSweeney Jason M — Director - Sales and Marke: $253KSweeney Jason MDirector - Sales and Marke$253KBrandt Walter Scott — Director, It Infrastructure and Security: $230KBrandt Walter ScottDirector, It Infrastructure and…$230KRambikur Sara T — DIR. Corp. Comm & GOV Ethics Officer Corp Sec: $212KRambikur Sara TDIR. Corp. Comm & GOV Ethics…$212KAsher Rhonda a — Controller: $211KAsher Rhonda aController$211KPolavaram Surendra B — Director, It Application Management: $201KPolavaram Surendra BDirector, It Application…$201KJohnson Renard — Board Member: $58KJohnson RenardBoard Member$58KBatts Yvonne — Board Member: $48KBatts YvonneBoard Member$48KVerde Dora Ann — Board Member: $45KVerde Dora AnnBoard Member$45KEscudero Edward — Board Member: $40KEscudero EdwardBoard Member$40KRhodes Richard — Board Member: $39KRhodes RichardBoard Member$39KAndarza Ivan — Board Member: $39KAndarza IvanBoard Member$39KWilson Welcome Jr — Board Member: $39KWilson Welcome JrBoard Member$39K

The highest reported compensation on the 2025 filing was $678K, to Chromy Debra J (President/CEO). 18 officers or directors reported compensation on that filing.

Frequently asked questions about Texas Guaranteed Student Loan Corporation

How much does Texas Guaranteed Student Loan Corporation give each year?

Texas Guaranteed Student Loan Corporation gave $10.1M across 7 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $10.1M across 7 grants.

What is Texas Guaranteed Student Loan Corporation's typical grant size?

Texas Guaranteed Student Loan Corporation's median grant in 2025 was $20,000, and its average grant was $1,443,571, across 7 grants on its 2025 IRS Form 990.

Where does Texas Guaranteed Student Loan Corporation give grants?

Texas Guaranteed Student Loan Corporation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.

Does Texas Guaranteed Student Loan Corporation give general operating support?

Yes: 100% of Texas Guaranteed Student Loan Corporation's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990.

Who are Texas Guaranteed Student Loan Corporation's largest grantees?

Texas Guaranteed Student Loan Corporation's largest 2025 grantees include Trellis Foundation ($10,000,000), The University of Texas at El Paso ($25,000) and Texas A&M University - Central Texas Foundation ($20,000), according to its 2025 IRS Form 990. Together they received 99% of its itemized 2025 grant dollars.

How large is Texas Guaranteed Student Loan Corporation?

Texas Guaranteed Student Loan Corporation reported $620.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $72.9M.

What is Texas Guaranteed Student Loan Corporation?

Texas Guaranteed Student Loan Corporation is a public charity focused on public and societal benefit, based in Round Rock, TX. It holds $620.8M in total assets as of 2025.

What is Texas Guaranteed Student Loan Corporation's EIN?

Texas Guaranteed Student Loan Corporation's EIN (Employer Identification Number) is 74-2094204. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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