Brazos Higher Education Service Corporation Inc

Public charity · Grantmaker Waco, TX EIN: 74-2129255

Brazos Higher Education Service Corporation, inc.'s mission is to make education a reality by supporting programs and initiatives to finance educational opportunities.

Brazos Higher Education Service Corporation Inc at a glance

In short: Brazos Higher Education Service Corporation Inc gave $123K across 4 grants in 2025 (avg $31K), mostly in Texas. Source: 2025 IRS Form 990.

Annual giving (2025)
$122,500
+22.5% vs 2024
Grants made (2025)
4
+33.3% vs 2024
Average grant
$30,625
-8.1% vs 2024
Median grant
$30,000
Total assets
$318,997,073
+14.8% vs 2024
Primary geography
Texas (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

How to apply to Brazos Higher Education Service Corporation Inc

Who Brazos Higher Education Service Corporation Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Baylor University: $55KBaylor University$55KMcLennan Community College Foundation: $35KMcLennan Community CollegeFoundation$35KTEXAS STATE TECHNICAL COLLEGE Foundation: $25KTEXAS STATE TECHNICAL COLLEGEFoundation$25KWaco Scottish Rite Charitable Foundation: $8KWaco Scottish Rite CharitableFoundation$8K

The largest 2025 recipient was Baylor University ($55K). Together the top 4 received $123K.

Grant Size Distribution

19 grants across all recorded years

14<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 19 (74%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 4 itemized grants.

States

Cities

WacoChina Spring

How Brazos Higher Education Service Corporation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−6%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K6 grants2019 4 grants2020 4 grants2021 4 grants2022 4 grants2023 3 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $100K (2024) to $144K (2020). In 2025 it made 4 grants totaling $123K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Baylor University Waco, TXContribution to Endowment$55,000
McLennan Community College Foundation Waco, TXContribution to Endowment$35,000
TEXAS STATE TECHNICAL COLLEGE Foundation Waco, TXContribution to Endowment$25,000
Waco Scottish Rite Charitable Foundation Waco, TXdONATION$7,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$318,997,073$33,774,034$8,934,501$122,5004$10,524,171
2024$277,854,175$19,156,221$9,000,961$100,0003$1,198,032
2023$212,610,560$16,305,011$8,053,886$124,0004$6,791,655
2022$152,724,525$12,631,577$7,608,789$130,1004$2,955,369
2021$90,646,531$13,301,559$8,267,745$123,5004$2,411,022
2020$84,191,943$9,572,011$7,794,180$143,5004$1,299,323
2019$78,417,621$10,562,441$8,011,433$131,0006$1,567,565

About Brazos Higher Education Service Corporation Inc

Based on IRS filings

Brazos Higher Education Service Corporation Inc is a public charity focused on Education, based in Waco, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $319.0M in total assets. In 2025, it awarded 4 grants totaling $123K. Net investment income was $10.5M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Brazos Higher Education Service Corporation Inc is led by Thomas Ben Litle, President & CEO on every filing since 2019; 15 of 21 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Thomas Ben Litle

    President & CEO

    On filings since 2019

    37.5 hrs/week

    $447K (2019) → $896K (2025)

  • John M Wright

    Director Structured Finance

    Business Analytics Director → Structured Finance Director, 2023

    Structured Finance Director → Director Structured Finance, 2024

    On filings since 2019

    37.5 hrs/week

    $154K (2019) → $272K (2025)

  • Milicent Larson

    Director of Scholarships

    Executive Director & Brazos Fdn → Executive Director & Brazos Founder, 2024

    Executive Director & Brazos Founder → Director of Scholarships, 2025

    On filings since 2019

    2.5 hrs/week

    $153K (2019) → $192K (2025)

  • Terry Maness

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Greta Watson

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Robert D Chambers

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Andy Popejoy

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Steven Bostick

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • David Myers

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Andrew Ellis

    Vice President & Administration

    Vice President & Human Resources → Vice President Human Resources, 2021

    Vice President Human Resources → Vice President & Administration, 2025

    On filings since 2019

    37.5 hrs/week

    $206K (2019) → $308K (2025)

  • Darrell Brooks

    Treasurer

    On filings since 2019

    37.5 hrs/week

    $144K (2019) → $233K (2025)

  • Debra Urias

    Vice President Student Lending Operations

    Vice President Customer Relations → Vice President Student Lending Operations, 2023

    On filings since 2019

    37.5 hrs/week

    $145K (2019) → $227K (2025)

  • Kelli Uttech

    Executive Vice President & General Counsel

    Vice President & General Counsel → Senior Vice President & General Counsel, 2021

    Senior Vice President & General Counsel → Executive Vice President & General Counsel, 2023

    On filings since 2019

    37.5 hrs/week

    $279K (2019) → $460K (2025)

  • Randall Larson

    Vice President & Sales

    Vice President Special Projects → Vice President Sales, 2022

    Vice President Sales → Vice President & Sales, 2025

    On filings since 2019

    37.5 hrs/week

    $208K (2019) → $263K (2025)

  • Ricky Turman

    Executive Vice President, COO & CFO

    On filings since 2019

    37.5 hrs/week

    $426K (2019) → $660K (2025)

  • Tammy Harralson

    Controller & Vice President

    On filings since 2019

    37.5 hrs/week

    $201K (2019) → $258K (2025)

  • Tiffany Jones

    Executive Corp. Secretary

    Secretary → Executive Corp. Secretary, 2025

    On filings since 2022

    37.5 hrs/week

    $84K (2022) → $119K (2025)

  • Nan MacDonald

    Vice President & Marketing

    Vice President Marketing → Vice President & Marketing, 2025

    On filings since 2023

    37.5 hrs/week

    $85K (2023) → $234K (2025)

  • Christy Alleman

    Information Systems Manager

    Is Manager → Information Systems Manager, 2025

    On filings since 2024

    37.5 hrs/week

    $131K (2024) → $140K (2025)

  • Jessica Fadal

    Data Warehouse & Bus. Int. Manager

    Data Warehouse & Bus. Intel. Manager → Data Warehouse & Bus. Int. Manager, 2025

    On filings since 2024

    37.5 hrs/week

    $147K (2024) → $149K (2025)

  • Carol Thomas

    Loan Administration Manager

    New on the 2025 filing

    37.5 hrs/week

    $128K (2025)

Former officers (14)
  • Former: John Perry (2019–2024) — Director
  • Former: Samuel Redden (2019–2024) — Senior Vice President & CIO
  • Former: Sarah MacCarthy (2019–2024) — Vice President & Compliance
  • Former: Vicky Smith (2019–2024) — Assistant Secretary
  • Former: John Hatchel (2019–2023) — Director
  • Former: Joseph F. Velez (2019–2023) — Director
  • Former: Justin Green (2019–2023) — Financial Services Director
  • Former: Adele Williams (2023) — Director of Programming
  • Former: Susan Davis (2019–2022) — Corporate Secretary
  • Former: Bob Chambers (2019–2021) — Director
  • Former: Joyce Packard (2019–2021) — Director
  • Former: Norman L Hay Jr. (2019–2021) — Director
  • Former: Tom Chase (2019–2021) — Director
  • Former: Murray Watson (2019) — President

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Thomas Litle — President & CEO: $896KThomas LitlePresident & CEO$896KRicky Turman — EVP/COO/CFO: $660KRicky TurmanEVP/COO/CFO$660KKelli Uttech — EVP, General Counsel: $460KKelli UttechEVP, General Counsel$460KAndrew Ellis — VP, Administration & HR: $308KAndrew EllisVP, Administration & HR$308KJohn M Wright — Director Structured Finance: $272KJohn M WrightDirector Structured Finance$272KRandall Larson — VP, Sales: $263KRandall LarsonVP, Sales$263KTammy Harralson — Controller/VP: $258KTammy HarralsonController/VP$258KNan MacDonald — VP, Marketing: $234KNan MacDonaldVP, Marketing$234KDarrell Brooks — Treasurer: $233KDarrell BrooksTreasurer$233KDebra Urias — VP Student Lending Operations: $227KDebra UriasVP Student Lending Operations$227KMilicent Larson — Director of Scholarships: $192KMilicent LarsonDirector of Scholarships$192KJessica Fadal — Data Warehouse & Bus. Int. Mgr.: $149KJessica FadalData Warehouse & Bus. Int. Mgr.$149KChristy Alleman — Information Systems Manager: $140KChristy AllemanInformation Systems Manager$140KCarol Thomas — Loan Administration Manager: $128KCarol ThomasLoan Administration Manager$128KTiffany Jones — Exec. Corp. Secretary: $119KTiffany JonesExec. Corp. Secretary$119K

The highest reported compensation on the 2025 filing was $896K, to Thomas Litle (President & CEO). 15 officers or directors reported compensation on that filing.

Frequently asked questions about Brazos Higher Education Service Corporation Inc

How much does Brazos Higher Education Service Corporation Inc give each year?

Brazos Higher Education Service Corporation Inc gave $123K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $100K across 3 grants.

What is Brazos Higher Education Service Corporation Inc's typical grant size?

Brazos Higher Education Service Corporation Inc's median grant in 2025 was $30,000, and its average grant was $30,625, across 4 grants on its 2025 IRS Form 990.

Where does Brazos Higher Education Service Corporation Inc give grants?

Brazos Higher Education Service Corporation Inc gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Waco, TX (4 grants).

Does Brazos Higher Education Service Corporation Inc give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Brazos Higher Education Service Corporation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Contribution to Endowment" (3 grants).

How large is Brazos Higher Education Service Corporation Inc?

Brazos Higher Education Service Corporation Inc reported $319.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $33.8M.

What is Brazos Higher Education Service Corporation Inc?

Brazos Higher Education Service Corporation Inc is a public charity focused on Education, based in Waco, TX. It holds $319.0M in total assets as of 2025.

What is Brazos Higher Education Service Corporation Inc's EIN?

Brazos Higher Education Service Corporation Inc's EIN (Employer Identification Number) is 74-2129255. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS January 31, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS February 19, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS February 9, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS February 22, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS April 2, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
  7. Updated Form 990 for fiscal year 2025 (received by the IRS February 7, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Brazos Higher Education Service Corporation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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