What Does Nellie Mae Education Foundation Do?

Total employees26
HeadquartersQuincy
FoundedN/A

The Nellie Mae Education Foundation (NMEF) was the largest philanthropic organization in New England dedicated exclusively to education. Its mission focused on advancing racial equity in public education by championing community-driven efforts that challenge racial inequities and advance excellent, student-centered public education for all New England youth. The foundation ceased its operations and transferred its remaining assets in 2022 after a planned spend-down.

Where Is Nellie Mae Education Foundation's Headquarters?

HQ Function

Formerly served as the central hub for grantmaking, strategic initiatives, research, and advocacy to promote student-centered learning and racial equity in New England's public education system.

Notable Features:

The office space was designed to facilitate collaboration among staff and with community partners. However, specific architectural highlights are not widely publicized, and the foundation no longer occupies these premises.

Work Culture:

Prior to its closure, the foundation fostered a collaborative, mission-driven work culture focused on equity, learning, and impact. Employees were dedicated to advancing educational opportunities for underserved students.

HQ Significance:

The headquarters was the operational center for one of New England's most influential education philanthropies, directing significant resources and efforts towards systemic change in public education.

Values Reflected in HQ: The foundation's operations, and by extension its headquarters, aimed to reflect its core values of equity, student-centeredness, community voice, and systemic change.

Location:

The Nellie Mae Education Foundation's work was exclusively focused on the New England region of the United States (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont). It did not have a global operational presence. The foundation has since ceased operations.

Street Address:

1250 Hancock Street, Suite 205N

City:

Quincy

State/Province:

MA

Country:

USA

Where Else Does Nellie Mae Education Foundation Operate Around the World?

No additional office locations available.

Buying Intent Signals for Nellie Mae Education Foundation

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Notable news
Hiring actively
Corporate Finance
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Corporate Finance
*Example signal, not calculated in real time

Who's Leading Nellie Mae Education Foundation? Meet the Executive Team

As of April 2025, Nellie Mae Education Foundation' leadership includes:

Dr. Gislaine N. Angelly - Former President and CEO
Nicholas C. Donohue - Former President and CEO (until 2018)
Sonia C. Park - Former Vice President of Strategy and Programs
Jacqueline C. Gadsden - Former Vice President, General Counsel & Corporate Secretary

Who's Investing in Nellie Mae Education Foundation?

Nellie Mae Education Foundation has been backed by several prominent investors over the years, including:

The Nellie Mae Education Foundation was a private, independent foundation. Its endowment originated from the 1998 conversion of the Nellie Mae Corporation (a non-profit student loan provider) from a non-profit to a for-profit entity and its subsequent sale to Sallie Mae. It did not have 'investors' in the traditional corporate sense but was a grant-making entity.

What Leadership Changes Has Nellie Mae Education Foundation Seen Recently?

Hire0
Exits0

The Nellie Mae Education Foundation ceased operations in 2022. Therefore, there have been no executive hires or exits in the last 12 months as the organization is no longer active. All leadership positions concluded with the foundation's closure.

What Technology (Tech Stack) Is Used byNellie Mae Education Foundation?

Discover the tools Nellie Mae Education Foundation uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Nellie Mae Education Foundation Email Formats and Examples

As the Nellie Mae Education Foundation has ceased operations, its email systems are no longer active. Previously, common formats for non-profit organizations include [first_initial][last]@[domain].org or [first].[last]@[domain].org.

N/A (Foundation ceased operations)

Format

N/A

Example

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What's the Latest News About Nellie Mae Education Foundation?

Nellie Mae Education FoundationSeptember 30, 2022

Nellie Mae Education Foundation Board and Staff Share Final Reflections

The Nellie Mae Education Foundation announced its official closure after a multi-year spend down, transferring its remaining assets. The foundation published final reflections on its legacy and work in advancing racial equity in public education in New England....more

Nellie Mae Education FoundationJuly 12, 2021

Announcing NMEF's Final Grantmaking Strategy: Supporting Organizations Advancing Racial Equity in Public Education

The Nellie Mae Education Foundation detailed its final grantmaking strategy as part of its planned spend-down, focusing on organizations led by people of color and those working to dismantle systemic racism in education....more

Inside PhilanthropyFebruary 18, 2020

A Big New England Funder Will Spend Down. What Does That Mean for Its Grantees?

Article discussing the Nellie Mae Education Foundation's decision to spend down its endowment and cease operations by 2022, exploring the implications for its grantees and the broader educational equity landscape in New England....more

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