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SALLIE MAE FUND: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
SALLIE MAE FUND (EIN 52-2015381)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-12
IRS object ID
202013179349102731
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-12T15:56:21-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN111986323PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARCUM LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11899 L STREET NW 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522015381EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SALLIE MAE FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSALLBusinessNameControlTxt
Phone3024510200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 CONTINENTAL DRIVEAddressLine1Txt
CityNEWARKCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19713ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTINA VOGELPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3024510200PhoneNum
Signature2020-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRANK H SMITHPreparerPersonNm
PTINP00639053PTIN
Phone2028225000PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address47.19.127.190IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-12IPDt
IP Tm15:56:17IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id8F00C35A511C5669FE13E079FA6B41EFA98612EBAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,395,196FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$500,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$59,765InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$59,765InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$559,765TotalRevAndExpnssAmt
Total Net Invst Incm$59,765TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,316AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,036AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$3,280AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$1,100TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$2,075OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$224OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$1,518OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$7,491TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,260TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,798TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$352,840ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$252,840ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$360,331TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,260TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$257,638TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$199,434ExcessRevenueOverExpensesAmt
Net Investment Income$58,505NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,095,762CashBOYAmt
Cash EOY$56,092CashEOYAmt
Cash EOYFMV$56,092CashEOYFMVAmt
Sav And Temp Cash Invst EOY$3,339,104SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$3,339,104SavAndTempCashInvstEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$10,972LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$10,972LandBldgEquipAccumDeprecAmt
Total Assets BOY$3,095,762TotalAssetsBOYAmt
Total Assets EOY$3,395,196TotalAssetsEOYAmt
Total Assets EOYFMV$3,395,196TotalAssetsEOYFMVAmt
Grants Payable EOY$100,000GrantsPayableEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$100,000TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$3,095,762RetainedEarningBOYAmt
Retained Earning EOY$3,295,196RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,095,762TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,295,196TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,095,762TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,395,196TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,095,762TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$199,434ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$3,295,196SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,295,196TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$159,359AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$2,540,769NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.062721DistributionYr1Rt
Adjusted Qlfy Distri Yr2$91,183AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,505,610NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.060562DistributionYr2Rt
Adjusted Qlfy Distri Yr3$62,710AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$638,609NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.098198DistributionYr3Rt
Adjusted Qlfy Distri Yr4$80,485AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$0NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.000000DistributionYr4Rt
Adjusted Qlfy Distri Yr5$80,762AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$0NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.000000DistributionYr5Rt
Total Distribution0.221481TotalDistributionRt
Average Distribution0.044296AverageDistributionRt
Net Vl Noncharitable Assets$3,268,114NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$144,764AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$585NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$145,349AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$257,638QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$585InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$585SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$585TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,200EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$1,200TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$615OverpaymentAmt
Applied To ES Tax$615AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateVAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressWWW.THESALLIEMAEFUND.ORGWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3024510200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line121000 ATLANTIC BLVD SUITE 600AddressLine1Txt
CitySTERLINGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20166ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BONNIE BEASLEY
300 CONTINENTAL DRIVENEWARKDE19713PRESIDENT/DIRECTOR0.50$0$0$0
KIMBERLY REID
300 CONTINENTAL DRIVENEWARKDE19713VICE PRESIDENT15.00$0$0$0
MATTHEW MENTON
2001 EDMUND HALLEY DRIVERESTONVA20191DIRECTOR5.00$0$0$0
MICHAEL SHEEHAN
2001 EDMUND HALLEY DRIVERESTONVA20191SECRETARY1.00$0$0$0
RAY QUINLAN
300 CONTINENTAL DRIVENEWARKDE19713DIRECTOR0.50$0$0$0
PAUL THOME
175 SOUTH WEST TEMPLE SUITE 600NEWARKUT84101DIRECTOR0.50$0$0$0
CHRISTINA VOGEL
2001 EDMUND HALLEY DRIVERESTONVA20191TREASURER15.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1KIDS2COLLEGE- KIDS2COLLEGE IS THE FUND'S EARLY-COLLEGE AWARENESS PROGRAM. THIS SIX-SESSION CURRICULUM IS TOUGHT WITHIN SCHOOLS AND COMMUNITY GROUPS TO MIDDLE SCHOOL STUDENTS AND ENCOURAGES THEM TO START THINKING ABOUT COLLEGE. THE FUND:-CONTINUED TO PROVIDE TRAINING TO COLLEGE-ACCESS PARTNERS NATIONWIDE.-CONTINUED TO OFFER ITS NATIONAL CORE CURRICULUM AND ONLINE COMMUNITY TO SUPPOET PROGRAM PARTNERS.-REACHED ROUGHLY 50,000 STUDENTS WITH APPROCIMATELY 450 PARTNER SCHOOLS/ORGANIZATIONS.Description1Txt
Expenses1$70,000Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,317,882AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,317,882TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,317,882AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$49,768CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,268,114NetVlNoncharitableAssetsAmt
Minimum Investment Return$163,406MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$163,406MinimumInvestmentReturnAmt
Tax Based On Investment Income$585TaxBasedOnInvestmentIncomeAmt
Total Tax$585TotalTaxAmt
Distributable Before Adj$162,821DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$162,821DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$162,821DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$257,638ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$257,638QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$585PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$257,053AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$162,821DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr3$30,780ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$15,902ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$32,321ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$79,003TotalExcessDistributionCyovAmt
Qualifying Distributions$257,638QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$162,821AppliedToCurrentYearAmt
Remaining Distri From Corpus$94,817RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$173,820TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$173,820ExcessDistriCyovToNextYrAmt
Excess From Year3$30,780ExcessFromYear3Amt
Excess From Year2$15,902ExcessFromYear2Amt
Excess From Year1$32,321ExcessFromYear1Amt
Excess From Current Year$94,817ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
COMMUNITY FOUNDATION OF GREATER WASHINGTON
1325 G STREET NWWASHINGTONDC19713PUBLIC CHARITYKIDS2COLLEGE PROGRAM$170,000
NETWORK FOR GOOD
PO BOX 65688WASHINGTONDC20035PUBLIC CHARITYGENERAL OPERATING EXPENSES$57,840
UTAH STATE UNIVERSITY
1600 OLD MAIN HILLLOGANUT843221600PUBLIC CHARITYGENERAL OPERATING EXPENSES$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$252,840TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$59,765ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$59,765ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$59,765TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1SLM CORPORATIONBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1300 CONTINENTAL DRIVEAddressLine1Txt
CityNEWARKCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19713ZIPCd
FieldValueIRS element (for citing)
Total Contributions$500,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryMARCUM ACCOUNTING FEESCategoryTxt
Amt$4,316Amt
Net Investment Income$1,036NetInvestmentIncomeAmt
Disbursements Charitable Prps$3,280DisbursementsCharitablePrpsAmt

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

FieldValueIRS element (for citing)
Short ExplanationTHE SALLIE MAE FUND DOES NOT HOLD ANY INVESTMENTS AND HOLDS ANY CASH BALANCES IN NON-INTEREST BEARING ACCOUNTS. EACH YEAR, THE ORGANIZATION RECEIVES FUNDING NECESSARY TO MEET ITS CURRENT OPERATING BUDGET AND, THEREFORE, ALL CASH BEING HELD AT YEAR END IS TREATED AS "CASH DEEMED HELD FOR CHARITABLE PURPOSES".ShortExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FULFILLMENT/STORAGE COSTS$518$0$518
BANK FEES$557$224$0
MEMBERSHIP FEES$1,000$0$1,000

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAXESCategoryTxt
Amt$1,100Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt