Brazos Higher Education Service Corporation Inc

WACO, TX EIN: 74-2129255 Website

BRAZOS HIGHER EDUCATION SERVICE CORPORATION, INC.'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$277.9M

+30.7% YoY

Annual Giving

$100K

-19.4% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$33K

+7.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$11M$16M$21M20202021202220232024
Metric202420232022
Total Assets$277,854,175$212,610,560$152,724,525
Revenue$19,156,221$16,305,011$12,631,577
Expenses$9,000,961$8,053,886$7,608,789
Qualifying Distributions
Net Investment Income$1,198,032$6,791,655$2,955,369
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$33K$65K$98K$130K0 grants20204 grants20214 grants20224 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Baylor University$50KTexas State Technical Co…$25KMcLennan Community Colle…$25K

Grant Size Distribution

15 grants across all recorded years

11<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Brazos Higher Education Service Corporation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

THOMAS BEN LITLEPRESIDENT/CEO$749KRICKY TURMANEVP/COO/CFO$621KSAMUEL REDDENSVP/CIO End: 08/23$488KKELLI UTTECHEVP/GENERAL COUNSEL$399KANDREW ELLISVP HUMAN RESOURCES$308KSarah MacCarthyVP, Compliance End: 06/23$284KRANDALL LARSONVP SALES$258KJohn M WrightDirector Structured Finance$257KTAMMY HARRALSONVP/CONTROLLER$246KNAN MACDONALDVP MARKETING$220KDARRELL BROOKSTREASURER$219KDebra UriasVP Student Lending Operations$217KMilicent LarsonExecutive Dir., Brazos Found.$192KJessica FadalData Warehouse & Bus. Intel.…$147KChristy AllemanIS Manager$131KTIFFANY JONESSECRETARY$103KVICKY SMITHASSISTANT SECRETARY End: 08/23$99K

From 2024 filing

NameTitleHoursCompensation
KELLI UTTECHEVP/GENERAL COUNSEL30$398,669
RICKY TURMANEVP/COO/CFO29$620,836
THOMAS BEN LITLEPRESIDENT/CEO29$749,347
David MyersDirector1
DR ANDY POPEJOYDIRECTOR1
DR TERRY MANESSDIRECTOR1
GRETA WATSONDIRECTOR1
JOHN PERRYDIRECTOR End: 02/241
ROBERT B CHAMBERSDIRECTOR1
STEVEN BOSTICKDIRECTOR1
ANDREW ELLISVP HUMAN RESOURCES39$308,125
DARRELL BROOKSTREASURER30$219,241
NAN MACDONALDVP MARKETING39$220,035
RANDALL LARSONVP SALES39$258,173
SAMUEL REDDENSVP/CIO End: 08/2339$488,496
TAMMY HARRALSONVP/CONTROLLER30$246,347
TIFFANY JONESSECRETARY29$102,795
VICKY SMITHASSISTANT SECRETARY End: 08/2330$98,799
Debra UriasVP Student Lending Operations40$217,015
Christy AllemanIS Manager40$131,013
Jessica FadalData Warehouse & Bus. Intel. Manager40$147,477
John M WrightDirector Structured Finance40$256,724
Milicent LarsonExecutive Dir., Brazos Found.1$192,344
Sarah MacCarthyVP, Compliance End: 06/2340$284,052

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Waco

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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