Granite Edvance Corporation logo

Granite Edvance Corporation

Public charity · Grantmaker Concord, NH EIN: 02-0368776 Website

To support New Hampshire students and families in navigating their education and career pathways by providing free advisory services, student loans and scholarships for post-secondary education.

Granite Edvance Corporation at a glance

In short: Granite Edvance Corporation gave $200K across 2 grants in 2025 (avg $100K), mostly in New Hampshire. Source: 2025 IRS Form 990.

Annual giving (2025)
$200,000
+60.0% vs 2024
Grants made (2025)
2
+100.0% vs 2024
Average grant
$100,000
-20.0% vs 2024
Median grant
$100,000
Total assets
$912,774,268
+0.9% vs 2024
Primary geography
New Hampshire (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 Granite Edvance Corporation

Who Granite Edvance Corporation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

University System of New Hampshire: $100KUniversity System of NewHampshire$100KCommunity College System of New Hampshire: $100KCommunity College System ofNew Hampshire$100K

The largest 2025 recipient was University System of New Hampshire ($100K). Together the top 2 received $200K.

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

Cities

Concord

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024 2 grants2025

From 2024 to 2025, annual grant giving ranged from $125K (2024) to $200K (2025). In 2025 it made 2 grants totaling $200K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University System of New Hampshire Concord, NHTo provide support to enrolled students with short-term financial needs.$100,000
Community College System of New Hampshire Concord, NHTo provide support to enrolled students with short-term financial needs.$100,000
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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$912,774,268$61,204,622$59,200,848$200,0002$7,508,016
2024$904,473,074$63,939,847$60,059,105$125,0001$7,930,559
2023$915,716,327$61,725,667$60,413,588——$5,113,698
2022$928,313,847$60,034,018$52,511,711——$6,491,850
2021$910,620,336$75,110,962$62,096,640——$5,900,484
2020$867,907,952$54,814,259$56,076,554——$593,340
2019$772,977,645$54,774,294$53,581,370——$1,143,766

About Granite Edvance Corporation

Based on IRS filings

Granite Edvance Corporation is a public charity focused on Education, based in Concord, NH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $912.8M in total assets. In 2025, it awarded 2 grants totaling $200K. Net investment income was $7.5M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Granite Edvance Corporation is led by Christiana Thornton, President & CEO on every filing since 2019; 13 of 26 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Christiana Thornton

    President & CEO

    On filings since 2019

    40 hrs/week

    $321K (2021) → $507K (2025)

  • Paul Provost

    Trustee & Chair

    Trustee → Trustee & Vice Chair, 2023

    Vice Chair & Trustee → Trustee & Chair, 2025

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Susan Huard

    Chair & Trustee

    Vice Chair → Chair, 2021

    Chair → Chair & Trustee, 2024

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Chuck Lloyd

    Trustee

    On filings since 2019

    0.2 hrs/week

    No compensation reported

  • Gordon Koff

    Vice Chair & Trustee

    Trustee → Vice Chair & Trustee, 2024

    On filings since 2019

    0.2 hrs/week

    No compensation reported

  • Peter Burger

    Trustee

    Chairman → Chair, 2021

    Chair → Trustee, 2022

    On filings since 2019

    0.2 hrs/week

    No compensation reported

  • Jamie Burnett

    Secretary & Trustee

    Secretary & Trustee → Secretary, 2023

    Secretary → Secretary & Trustee, 2024

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Rick Elwell

    Trustee

    Treasurer → Treasurer & Trustee, 2024

    Treasurer & Trustee → Trustee, 2025

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Carol Houle

    Treasurer & Trustee

    Trustee → Treasurer & Trustee, 2024

    On filings since 2021

    0.2 hrs/week

    No compensation reported

  • Sandy Tracy

    Trustee

    On filings since 2021

    0.2 hrs/week

    No compensation reported

  • Debra Miller

    Trustee

    Vice Chair → Vice Chair & Trustee, 2023

    Vice Chair & Trustee → Trustee, 2024

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Hans Olson

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • William Dwyer

    Trustee

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • MB Lufkin

    Trustee

    On filings since 2024

    0.2 hrs/week

    No compensation reported

  • Daniel Coughlan

    Vice President Capital Markets & Asset Management

    Vice President Finance → Vice President Capital Markets & Asset Management, 2023

    On filings since 2020

    40 hrs/week

    $94K (2021) → $153K (2025)

  • Erik Sobel

    Vice President Technology Solutions & Security

    Vice President Information Services → Vice President Technology Solutions & Security, 2025

    On filings since 2020

    40 hrs/week

    $118K (2021) → $195K (2025)

  • John Flanders

    Vice President, Chief Strategy & Lending Officer

    Vice President & COO → Vice President, Chief Strategy & Lending Officer, 2023

    On filings since 2020

    40 hrs/week

    $131K (2021) → $225K (2025)

  • Carlton Lewis

    Solutions Architect

    Software Development Architect → Solutions Architect, 2025

    On filings since 2021

    40 hrs/week

    $97K (2021) → $133K (2025)

  • Scott Rogers

    Vice President & CFO

    CFO → Vice President & CFO, 2022

    On filings since 2021

    40 hrs/week

    $132K (2022) → $281K (2025)

  • Danielle Barrick

    Vice President Chief Communications Officer

    Vice President Communications & External Affairs → Vice President Chief Communications Officer, 2025

    On filings since 2023

    40 hrs/week

    $159K (2023) → $191K (2025)

  • Kathy-Ann Maguire

    Vice President People & Talent Management

    Vice President Human Resources → Vice President People & Talent Management, 2025

    On filings since 2023

    40 hrs/week

    $134K (2023) → $151K (2025)

  • Blessing Chimwanda

    General Counsel & Chief Compliance Officer

    On filings since 2024

    40 hrs/week

    $140K (2024) → $234K (2025)

  • Christopher Nadeau

    Vice President, Information Security & Business Solutions

    New on the 2025 filing

    40 hrs/week

    $131K (2025)

  • Matthew Wallace

    Vice President, Education & Career Pathways

    New on the 2025 filing

    40 hrs/week

    $116K (2025)

  • Merek Weisensee

    Assistant Vice President, Technical Solutions & Support

    New on the 2025 filing

    40 hrs/week

    $129K (2025)

  • Minatchy Visvanathan

    Business Systems & Data Architect

    New on the 2025 filing

    40 hrs/week

    $113K (2025)

Former officers (20)
  • Former: Ann Marie Thomas (2021–2024) — Former Vice President & Chief Risk Officer
  • Former: Robert Woodburn (2021–2024) — Assistant Vice President & Business Systems
  • Former: Susan Hollinger (2020–2023) — Trustee
  • Former: Joseph Atchinson (2022) — Vice President Community Engagement
  • Former: Rob Willey (2022) — Software Developer Lead
  • Former: Daniel Dubreuil (2019–2021) — Trustee
  • Former: Dean Grondin (2019–2021) — Former Vice President & CFO
  • Former: Debby Miller (2020–2021) — Vice Chair
  • Former: Tori Berube (2020–2021) — Former Vice President Ccp & Committee Engagement
  • Former: Barton Nichelson (2021) — Database Administrator
  • Former: Linda Crump (2021) — CFO
  • Former: Linda Normandin (2019–2020) — Vice Chair & Treasurer
  • Former: Rene A Drouin (2019–2020) — Former President & CEO
  • Former: Tim Sink (2019–2020) — Trustee
  • Former: Karen Losik (2020) — Vice President Loan Services
  • Former: Kathy Maguire (2020) — Vice President Human Resources
  • Former: Michael Levasseur (2020) — Vice President Compliance
  • Former: Sara Tremaine (2020) — Former Vice President & Cso
  • Former: Steve Webb (2019) — Trustee
  • Former: Susan Howard (2019) — Secretary

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

Christiana Thornton — President & CEO: $507KChristiana ThorntonPresident & CEO$507KScott Rogers — VP & CFO: $281KScott RogersVP & CFO$281KBlessing Chimwanda — Gen. Counsel/Chief Compliance Off.: $234KBlessing ChimwandaGen. Counsel/Chief Compliance…$234KJohn Flanders — VP & Chief Strategy/Lending Officer: $225KJohn FlandersVP & Chief Strategy/Lending…$225KErik Sobel — VP Technology Solutions & Security: $195KErik SobelVP Technology Solutions &…$195KDanielle Barrick — VP Chief Communications Officer: $191KDanielle BarrickVP Chief Communications Officer$191KDaniel Coughlan — VP Capital Markets/Asset Management: $153KDaniel CoughlanVP Capital Markets/Asset…$153KKathy-Ann Maguire — VP People & Talent Management: $151KKathy-Ann MaguireVP People & Talent Management$151KCarlton Lewis — Solutions Architect: $133KCarlton LewisSolutions Architect$133KChristopher Nadeau — VP, Information Security & Business Solutions: $131KChristopher NadeauVP, Information Security &…$131KMerek Weisensee — AVP, Technical Solutions & Support: $129KMerek WeisenseeAVP, Technical Solutions &…$129KMatthew Wallace — VP, Education & Career Pathways: $116KMatthew WallaceVP, Education & Career Pathways$116KMinatchy Visvanathan — Business Systems & Data Architect: $113KMinatchy VisvanathanBusiness Systems & Data…$113K

The highest reported compensation on the 2025 filing was $507K, to Christiana Thornton (President & CEO). 13 officers or directors reported compensation on that filing.

Frequently asked questions about Granite Edvance Corporation

How much does Granite Edvance Corporation give each year?

Granite Edvance Corporation gave $200K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $125K across 1 grant.

How large is Granite Edvance Corporation?

Granite Edvance Corporation reported $912.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $61.2M.

What is Granite Edvance Corporation?

Granite Edvance Corporation is a public charity focused on Education, based in Concord, NH. It holds $912.8M in total assets as of 2025.

Where does Granite Edvance Corporation operate?

Granite Edvance Corporation has awarded grants in New Hampshire.

What is Granite Edvance Corporation's EIN?

Granite Edvance Corporation's EIN (Employer Identification Number) is 02-0368776. 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

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

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

Figures come from Granite Edvance Corporation'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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