New Hampshire Higher Education Assistance Foundation logo

New Hampshire Higher Education Assistance Foundation

Public charity · Grantmaker Concord, NH EIN: 02-6007687 Website

New Hampshire Higher Education was a public charity based in Concord, New Hampshire. Its 2022 filing was marked as the organization’s final return, and the filing says Granite Edvance Corporation absorbed a portion of its net assets and operations upon its dissolution. The 2023 filing reports no assets and no grants, so New Hampshire Higher Education appears to have wound down and stopped grantmaking.

Key facts about New Hampshire Higher Education Assistance Foundation

EIN
02-6007687
Latest 990 filing
Form 990, 2023

Data from IRS Form 990, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990 · View filing

Total Assets

—

Revenue

$808K

-44.9% YoY

Net Investment Income

$788K

-22.3% YoY

Expenses

$324K

+0.5% YoY

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission was “Providing scholarships for New Hampshire students of higher education.” Its filing described it as an administering agent and provider of scholarships for New Hampshire students attending higher education.

The filing says scholarship payments were intended for direct educational expenses at Title IV institutions: attendance and enrollment were verified, and checks were made payable to both the postsecondary institution and the student.

In 2020, listed recipients included Southern New Hampshire University, Saint Anselm College, Franklin Pierce University, New England College, and Lakes Region Community Services. The grantees’ own descriptions include higher-education access and learning, liberal arts and career preparation, and charitable, scientific, or educational purposes. These are the grantees’ stated missions, not the funder’s.

Grantmaking

The available filing data reports no grants in 2021, 2022, or 2023. The listed 2020 recipients and amounts include:

Grant Range

for the organization. The filing describes scholarships for students, with payments directed to the student and postsecondary institution; these should not be confused with grants to outside organizations.

Open Grants

2 open opportunities from New Hampshire Higher Education Assistance Foundation

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Geographic Focus

Where this funder awards grants

The stated scholarship mission focused on New Hampshire students. The listed 2020 recipients were located in New Hampshire.

Grant Distribution by State

1state

Cities

ManchesterConcordNashuaBerlinClaremontDurhamHanoverHennikerKeeneLaconiaNew LondonPlymouthPortsmouthRindge

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2019 18 grants2020 0 grants2021 0 grants2022 0 grants2023

In 2020 it made 18 grants totaling $359K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

18 grants across all recorded years

17<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 18 (94%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2023.

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2021 $29,960,448 $2,397,548 $1,798,130 0
2022 $24,303,150 $1,466,909 $322,469 0
2023 Not reported $807,912 $324,138 0

The 2022 filing was marked as the organization’s final return. The 2023 filing reports no assets.

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2019 2020 2021 2022 2023
Metric202320222021
Total Assets—$24,303,150$29,960,448
Revenue$807,912$1,466,909$2,397,548
Expenses$324,138$322,469$1,798,130
Net Investment Income$787,889$1,014,380$1,481,445

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS February 18, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS February 14, 2021)
  3. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Leadership team and compensation from IRS filings

The 2023 filing lists Susan Huard and Linda Normandin as trustees; Rick Elwell as chair; Dan Dubreuil as vice chair/secretary; Carol Houle as treasurer; Christiana Thornton as president and CEO; and Scott Rogers as CFO. The 2022 filing says Susan Huard, Rick Elwell, and Carol Houle served on the Foundation’s board during its final tax year and also served on Granite Edvance Corporation’s board.

New Hampshire Higher Education Assistance Foundation is led by Christiana Thornton, President & CEO on every filing since 2019; none of the 7 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Christiana Thornton

    President & CEO

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Rick Elwell

    Chair

    Trustee → Chair, 2020

    On filings since 2019

    0.2 hrs/week

    No compensation reported

  • Susan Huard

    Trustee

    On filings since 2019

    0.2 hrs/week

    No compensation reported

  • Linda Normandin

    Trustee

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Carol Houle

    Treasurer

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Dan Dubreuil

    Vice Chair & Secretary

    Trustee → Vice Chair & Secretary, 2022

    On filings since 2021

    0.2 hrs/week

    No compensation reported

  • Scott Rogers

    CFO

    On filings since 2021

    4 hrs/week

    No compensation reported

Former officers (8)
  • Former: Sandy Tracy (2020–2021) — Vice Chair & Secretary
  • Former: Linda Crump (2021) — CFO
  • Former: David Bellman (2019–2020) — Treasurer & Secretary
  • Former: Deborah Scire (2019–2020) — Trustee
  • Former: John Gennetti (2019–2020) — Trustee
  • Former: Michael DeBlasi (2019–2020) — Chair
  • Former: Rene A Drouin (2019–2020) — Former President & CEO
  • Former: Todd Emmons (2019–2020) — Vice Chair

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 3 Barrell Court, Concord, NH 03302
Phone: (603) 225-6612
Website: https://graniteedvance.org

Frequently asked questions about New Hampshire Higher Education Assistance Foundation

What does New Hampshire Higher Education Assistance Foundation fund?

The organization’s stated mission was “Providing scholarships for New Hampshire students of higher education.” Its filing described it as an administering agent and provider of scholarships for New Hampshire students attending higher education. See mission & focus areas ↑

How do I apply for a grant from New Hampshire Higher Education Assistance Foundation?

New Hampshire Higher Education Assistance Foundation has no public application process in the sources Grantable reviewed. Check graniteedvance.org for current guidelines, or contact the foundation directly before submitting a request.

Where does New Hampshire Higher Education Assistance Foundation make grants?

The stated scholarship mission focused on New Hampshire students. The listed 2020 recipients were located in New Hampshire.

What is New Hampshire Higher Education Assistance Foundation's EIN?

New Hampshire Higher Education Assistance Foundation's EIN (Employer Identification Number) is 02-6007687. IRS Form 990 filing data is available on this page for 2019–2023.

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

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