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.
Key facts about Granite Edvance Corporation
- EIN
- 02-0368776
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $200,000
- Grants made (2025)
- 2
- Average grant
- $100,000
- Median grant
- $100,000
- Total assets
- $912,774,268
- Primary geography
- New Hampshire (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$912.8M
+0.9% YoY
Annual Giving
$200K
+60.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$100K
-20.0% YoY
About Granite Edvance Corporation
Based on IRS filings
Granite Edvance Corporation is a nonprofit organization 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
Ready to take the next step with Granite Edvance Corporation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $912,774,268 | $904,473,074 | $915,716,327 |
| Revenue | $61,204,622 | $63,939,847 | $61,725,667 |
| Expenses | $59,200,848 | $60,059,105 | $60,413,588 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,508,016 | $7,930,559 | $5,113,698 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
3 grants across all recorded years
Open Grants
1 open opportunity from Granite Edvance Corporation
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include University System of New Hampshire ($100,000), Community College System of New Hampshire ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| University System of New Hampshire Concord, NH | To provide support to enrolled students with short-term financial needs. | $100,000 |
| Community College System of New Hampshire Concord, NH | To provide support to enrolled students with short-term financial needs. | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Peter Burger | Trustee | 0.2 | — |
| William Dwyer | Trustee | 0.2 | — |
| Rick Elwell | Trustee | 0.2 | — |
| Chuck Lloyd | Trustee | 0.2 | — |
| MB Lufkin | Trustee | 0.2 | — |
| Debra Miller | Trustee | 0.2 | — |
| Hans Olson | Trustee | 0.2 | — |
| Sandy Tracy | Trustee | 0.2 | — |
| Susan Huard | Chair (end 12/2024); Trustee | 0.2 | — |
| Paul Provost | Trustee; Chair (start 1/2025) | 0.2 | — |
| Gordon Koff | Vice Chair; Trustee | 0.2 | — |
| Carol Houle | Treasurer; Trustee | 0.2 | — |
| Jamie Burnett | Secretary; Trustee | 0.2 | — |
| Christiana Thornton | President & CEO | 40 | $507,256 |
| Scott Rogers | VP & CFO | 40 | $281,207 |
| John Flanders | VP & Chief Strategy/Lending Officer | 40 | $224,643 |
| Blessing Chimwanda | Gen. Counsel/Chief Compliance Off. | 40 | $233,919 |
| Erik Sobel | VP Technology Solutions & Security | 40 | $194,743 |
| Danielle Barrick | VP Chief Communications Officer | 40 | $191,401 |
| Daniel Coughlan | VP Capital Markets/Asset Management | 40 | $152,779 |
| Kathy-Ann Maguire | VP People & Talent Management | 40 | $150,897 |
| Christopher Nadeau | VP, Information Security & Business Solutions | 40 | $131,156 |
| Carlton Lewis | Solutions Architect | 40 | $132,775 |
| Merek Weisensee | AVP, Technical Solutions & Support | 40 | $128,678 |
| Matthew Wallace | VP, Education & Career Pathways | 40 | $116,157 |
| Minatchy Visvanathan | Business Systems & Data Architect | 40 | $112,938 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Granite Edvance Corporation?
Granite Edvance Corporation is a nonprofit organization focused on Education, based in CONCORD, NH. It holds $912.8M in total assets as of 2025.
How large is Granite Edvance Corporation?
As of 2025, Granite Edvance Corporation holds $912.8M in total assets with $61.2M in annual revenue. It awarded 2 grants totaling $200K in 2025.
Where does Granite Edvance Corporation operate?
Granite Edvance Corporation has awarded grants in New Hampshire.
What size grants does Granite Edvance Corporation award?
In 2025, Granite Edvance Corporation awarded 2 grants totaling $200K — an average of about $100K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Granite Edvance Corporation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.