History

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Explore the history of the College Savings Foundation (CSF) and our journey to champion college savings solutions nationwide. From the enactment of Section 529 in 1996 to CSF’s official incorporation in 2003, our organizational history is anchored by the leadership of our founding board members and officers. Discover the key milestones and financial pioneers that shaped our path below.

1996

Section 529 Enacted

The landmark Section 529 is enacted, establishing the first federal tax rules for 529 college savings plans.

2003

CSF Articles of Incorporation

The College Savings Foundation (CSF) officially files its Articles of Incorporation, uniting the Industry under a shared advocacy mission.

Leaders of The College Savings Foundation

Founding Board Members

AIM Investments

Alliance Capital

American Century Investments

Delaware Investments

Enterprise Capital Management

Fidelity Investments

Franklin Templeton

Manulife Financial

Merrill Lynch

Morgan Stanley

Oppenheimer Funds

Strong Financial

Officers

Chairman

Charles Toth

Director, Education Savings, Merrill Lynch

Vice Chairman

Eric Nottonson

Vice President of College Planning, Fidelity Investments

Secretary

William Raynor

Vice President & Director of Education Savings and Sales, AIM Investments

Treasurer

Sarah Henrikson

Director, Education Planning, Strong Financial