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Nonprofit · EIN 52-2015381

SALLIE MAE FUND

Tax-exempt · NEWARK, DE 19713

Financials

$358K$1.5M2023$261K$3.1M2024
Revenue Expenses · by fiscal year end
Financials of SALLIE MAE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$260,760$3,062,913-$2,802,153$2,524,011$0$2,524,011
December 31, 2023990-PF$357,957$1,508,725-$1,150,768$5,326,164$0$5,326,164
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Interest
$227,319
Other income
$33,441

Expenses

Grants and similar amounts paid
$2,994,540
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$3,055,666
Excise tax on investment income
$3,129

Balance sheet and other

Total assets, start of year
$5,326,164
Total assets, end of year
$2,524,011
Total liabilities, end of year
$0
Net assets, end of year
$2,524,011
Fair market value of assets
$2,524,011
Qualifying distributions
$3,055,666
Net investment income
$227,319

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JENNY MENNA
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
DIRECTOR0.5$0
JENNIFER BYERS
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
PRESIDENT0.5$0
ANTOINE OAKLEY
300 CONTINENTAL DRIVE, NEWARK, DE 19713
VICE PRESIDENT0.5$0
PATRICK CHAING
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
SECRETARY0.5$0
CHRISTINA VOGEL
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
TREASURER15$0
NICOLAS JAFARIEH
300 CONTINENTAL DRIVE, NEWARK, DE 19713
DIRECTOR0.5$0
KATHY EDWARDS
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
DIRECTOR0.5$0
PATRICK FREEMAN
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
DIRECTOR0.5$0
990-PF for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JENNIFER BYERS
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
PRESIDENT0.5$0
ANTOINE OAKLEY
300 CONTINENTAL DRIVE, NEWARK, DE 19713
VICE PRESIDENT0.5$0
ANNE MILEN LEFT BOARD IN 2023
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
SECRETARY5$0
PATRICK CHAING
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
SECRETARY0.5$0
CHRISTINA VOGEL
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
TREASURER15$0
LORI AIKEN LEFT BOARD IN 2023
300 CONTINENTAL DRIVE, NEWARK, DE 19713
DIRECTOR0.5$0
NICOLAS JAFARIEH
300 CONTINENTAL DRIVE, NEWARK, DE 19713
DIRECTOR0.5$0
KATHY EDWARDS
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
DIRECTOR0.5$0
PATRICK FREEMAN
21000 ATLANTIC BLVD SUITE 600, STERLING, VA 20166
DIRECTOR0.5$0
KERRI PALMER
300 CONTINENTAL DRIVE, NEWARK, DE 19713
DIRECTOR25$0

Address and contacts

Address (IRS master file)
300 CONTINENTAL DR, NEWARK, DE 19713-4329
In care of
% SALLIE MAE INC
Signed the 990-PF
TINA VOGEL, TREASURER
Phone
(302) 451-0200
Return prepared by
CBIZ ADVISORS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
52-2015381
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1998
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B99Z)
Assets (IRS master file)
$2,524,011
Income (IRS master file)
$260,760

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$260,760$3,062,913$2,524,011XML
990-PFDecember 2023$357,957$1,508,725$5,326,164XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2015381).

Questions about SALLIE MAE FUND

What is the EIN of SALLIE MAE FUND?
The employer identification number (EIN) of SALLIE MAE FUND is 52-2015381.
Is SALLIE MAE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to SALLIE MAE FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SALLIE MAE FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of SALLIE MAE FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SALLIE MAE FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of SALLIE MAE FUND?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does SALLIE MAE FUND have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $260,760, expenses of $3,062,913 and total assets of $2,524,011 at year end.

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