Grants paid in 2024
21 grants, all shown · from Form 990-PF Part XV
| Recipient | Purpose | Amount |
|---|---|---|
| Thurgood Marshall College FundWashington, DC | General operating expenses | $1.6M |
| Delaware State UniversityDover, DE | General operating expenses | $375K |
| Hbcu Week Foundation IncWilmingtonn, DE | General operating expenses | $200K |
| Point FoundationLos Angeles, CA | General operating expenses | $100K |
| Stony Brook FoundationStony Brook, NY | General operating expenses | $100K |
| Your Cause LLC Fbo the Blackbaud Giving FundCharleston, SC | Employees matching gifts program | $99K |
| DC College Access ProgramWashington, DC | Generating operating expenses | $75K |
| Boys and Girls Club of DelawareWilmingtonn, DE | General operating expenses | $60K |
| Folds of HonorOwasso, OK | General operating expenses | $50K |
| The American College of the MaditerraneanTempe, AZ | General operating expense | $50K |
| Utah State UniversityLogan, UT | General operating expenses | $50K |
| Epsilon Zeta Boule FoundationAshburn, VA | General operating expenses | $35K |
| Techpoint Foundation for YouthIndianapolis, IN | General operating expenses | $35K |
| Bottom LineBoston, MA | General operating expenses | $25K |
| Boys and Girls Club of Greater Salt LakeMurray, UT | General operating expenses | $25K |
| DC PrepWashington, DC | General operating expenses | $25K |
| Girls Inc of NYCNew York, NY | General operating expenses | $25K |
| Latin American Community CenterWilmingtonn, DE | General operating expenses | $25K |
| Binghamton UniversityBinghamton, NY | General operating expenses | $6,305 |
| Ronald McDonald HouseWashington, DC | General operating expenses | $5,000 |
| Baruch CollegecunyNew York, NY | General operating expenses | $3,731 |
By state: District of Columbia 4 · Delaware 4 · New York 4 · California 1 · South Carolina 1 · Utah 2
About this foundation
Sallie Mae Fund is a private grantmaking foundation in Newark, Delaware, administered in care of Sallie Mae Inc, tax-exempt since 1998. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.
Does Sallie Mae Fund accept grant applications?
No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.
How much does Sallie Mae Fund give each year?
In tax year 2024 it paid $3.0M across 21 grants, a median of $50K.
Where does Sallie Mae Fund give?
District of Columbia (4 grants), Delaware (4 grants), New York (4 grants) and elsewhere, per its latest filing.
More foundations near Newark that accept applications
All in Delaware| Foundation | Based in | Grants paid | Median grant | Accepts applications | Assets |
|---|---|---|---|---|---|
| Emmet Family Charitable Foundationsince 2021 | Newark, DE | $20M7 grants · 2024 | $1.0M | Preselected only | $62M |
| Sonecha Family Foundationsince 2008 | Newark, DE | $487K7 grants · 2024 | $50K | Preselected only | $13M |
| Ctw Foundation Incsince 1954 | Newark, DE | $623K24 grants · 2024 | $20K | Yes | $11M |
| Litow Family Foundationsince 2015 | Newark, DE | $181K33 grants · 2024 | $2,500 | Preselected only | $6.6M |
| The Dennis Leibowitz Family Foundationsince 2026 | Newark, DE | — | — | Not stated | $5.2M |
| Btl Foundation International Servicessince 1989 | Newark, DE | $48K1 grants · 2025 | $48K | Preselected only | $2.1M |
| Robert J F Brobyn and Margaret M Brobyn Charitable Trsince 2001 | Newark, DE | $94K20 grants · 2025 | $2,500 | Preselected only | $2.0M |
| Squareroot Foundation Incsince 2022 | Newark, DE | $203K3 grants · 2024 | $30K | Preselected only | $1.8M |