Education
Ascendium Education Solutions Inc
MADISON, WI
Total revenue
$267.0M
Total expenses
$169.3M
Net assets
$210.4M
Grants received
$61.1M
1 grants
EIN
391853833
Tax year
2024
Mission
Supports increased access to and success in post-secondary education as a national grantmaker, a federal student loan guaranty agency and a provider of student success services.
Programs
4 programs
Impact investing is one of the key ways we accomplish our mission to champion opportunity for everyone. Our investments advance change to postsecondary education and workforce training systems through new technologies and solutions so more learners can achieve their academic and career goals through education related venture equity and debt investments.
Ascendium education solutions, inc. Provides philanthropic support for local communities - where its employees live and work, primarily concentrated in madison, wisconsin. This support includes education-focused community giving, an employee giving program, and financial and personnel support for community services that align with our education focus. Community giving efforts focus on supporting local community service organizations and post secondary institutions. The ascendium cares program features an annual employee charity fundraising drive, a volunteer time-off program, and financial matching for time and funds donated to eligible nonprofits. Other services include free training and meeting space support for local nonprofits.
Ascendium's education philanthropy focuses on increasing opportunity for upward economic mobility for learners from low-income backgrounds through high-quality postsecondary education and workforce training. Grantmaking and related activities support innovation, evaluation and evidence-building, and scaling solutions that are proven to help more learners achieve strong career outcomes. Ascendium also maintains philanthropic initiatives focused on the success of learners who experience greater barriers to upward mobility, including rural learners and those experiencing incarceration.
Ascendium's tools of the trade scholarship program provides funding to apprentices for expenses related to their training, including the purchase of tools, equipment, tuition and more. This is the tenth year of our tools of the trade scholarship program. Since 2013 the program has provided over $5 million in scholarships to eligible construction abd industrial trade apprentices enrolled at a wisconsin technical college system (wcts) college.
Financials
FY 2024
Revenue
Expenses
People
23 listed
Jeffery E Crosby - 3
PRESIDENT & CEO - AES
$568K
30 hrs/wk
Beth A Erickson - 3
VP - REPAYMENT SOLUTIONS
$326K
45 hrs/wk
Jacqueline J Fairbairn - 3
VP - POL & REG COMPLIANCE
$326K
44 hrs/wk
Jeffrey S Dick - 3
SYSTEMS ANALYST
$181K
45 hrs/wk
Barbara A Wilhelm - 3
DIRECTOR - CLAIMS REVIEW
$166K
45 hrs/wk
Caralyn A Hansen - 3
ATTIGO SR MKTG STRATEGIST
$162K
45 hrs/wk
Carmen N Rieg - 3
DIRECTOR - RECOVERY ADMIN
$153K
45 hrs/wk
Roger A Eldridge - 3
NATIONAL SALES DIRECTOR
$149K
45 hrs/wk
CYNTHIA WALSH - 1
DIRECTOR
$46K
3 hrs/wk
SCOTT KLUG - 1
DIRECTOR
$28K
1 hrs/wk
DARREN KING - 1
DIRECTOR
$23K
1 hrs/wk
RICHARD A WEISS - 1
DIRECTOR - SECRETARY
$23K
1 hrs/wk
MARIA GONZALEZ-KNAVEL - 1
DIRECTOR
$23K
1 hrs/wk
LESLIE LENZO - 1
DIRECTOR
$23K
1 hrs/wk
DAVID J HANSON - 1
DIRECTOR
$23K
1 hrs/wk
EMERSON BRUMBACK - 1
DIRECTOR - VICE CHAIRMAN
$19K
1 hrs/wk
Rebecca E Rapp - 3
GEN CNSL & ASST SECRETARY
—
14 hrs/wk
Richard D George - 23
CHAIRMAN & TREASURER
—
17 hrs/wk
Brett G Lindquist - 3
VP - STRATEGIC COMMUNICATIONS
—
39 hrs/wk
Matthew R Harlowe - 3
DIRECTOR - INTERNAL AUDIT
—
2 hrs/wk
Maureen L Harrill - 3
VP - HUMAN RESOURCES
—
33 hrs/wk
Hope E Merry - 3
CHIEF FINANCIAL OFFICER
—
23 hrs/wk
Eric C Maly - 3
VP - INFO SECURITY AND TECH
—
33 hrs/wk
Independent contractors
COVINGTON & BURLING LLP
LEGAL SERVICES
EVALUATION AND ASSESSMENT SOLUTIONS FOR EDUCATION
Evaluation and Assessment Solutions for Education LLC
SENIOR CLASS PROJECT LLC
Documentary
YOURCAUSE HOLDING LLC
Software Provider
Grants received
Showing 1 of 1
Funded by
$61.1M from 1 funder · 1 grant · 2022
$61.1M · 1 grant · 2022