Name of Foundation: Nellie Mae Education Foundation
Location: Quincy, Mass.
Contact info: www.nmefoundation.org Phone: (781) 348-4200
Coverage Area: New England (Connecticut, Rhode Island, Massachusetts, Maine, New Hampshire, Vermont)
Subject Area: Public Education
Assets: $452.7 million (2011)
Last Year Total Giving: $14.6 million (2011)
In a nutshell: The Foundation began by The Nellie Mae Corporation (NMC), a nonprofit education-financing company in 1990, under the name the Fund for Education. At its inception, the foundation largely focused on college accessibility. In 1998, NMC was sold to Sallie Mae, creating the endowment for the Nellie Mae Foundation. In 2008, the foundation shifted their focus from college accessibility to their current direction, education systems change and student centered programs.
How to Apply: Grant Seekers in the New England area can sign up to receive RFP’s for targeted opportunities here. Currently the Foundation is in the midst of long term investments and expects to release RFPs in early 2014.
Recent News and Grant making:
Mid Year Grants, 2013