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Massachusetts Higher Education Assistance Corporation at a glanceAlso receives grants: funding profile →

· Public charity

Massachusetts Higher Education Assistance Corporation

The organization's primary exempt purpose is to provide access to and conduct activities in furtherance of higher education.

$20M
Granted FY2024still arriving
50
Grants FY2024still arriving
23
States reached
$5.0M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Employment$23MEducation$16MYouth Development$12MEnvironment$3.5MArts & Culture$1.1MCommunity Improvement$500kHuman Services$377kInternational$325kOther$0
02FY2024 · 50 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $10k–50k2 grants · $45k
  • $50k–250k34 grants · $4.5M
  • $250k+14 grants · $16M
$165,000
Median grant
23
States reached
$1.1B
Total assets
Largest grants
RecipientAmount
JOBS FOR THE FUTURE INC$5,000,000
NETWORK FOR TEACHING ENTREPRENEURSHIP$4,448,985
NEW VENTURE FUND$1,500,000
BIG PICTURE LEARNING$600,000
CAPS NETWORK INC$527,000
SPARK NC$500,000
RODEL FOUNDATION OF DELAWARE$500,000
US CHAMBER OF COMMERCE FOUNDATION$500,000
AMERICA SUCCEEDS$450,000
NAF$400,000
BIG THOUGHT$375,000
NATIONAL RURAL EDUCATION ASSOCIATION$360,250
GPS EDUCATION PARTNERS INC$300,000
COALITION FOR CAREER DEVELOPMENT CENTER$280,000
ICOULDBEORG INC$220,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY21–24, $677k) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 81% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%COMMUNITY SHARE: $200k → 15%COMMUNITY SHARE: $150k → 15%CAST INC: $127k → 10%SOCIAL INNOVATION FORUM INC: $100k → 16%SOCIAL INNOVATION FORUM INC: $100k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

ME
WA
ND
IL
WI
NY
MA
OR
IN
OH
PA
RI
CA
CO
KY
VA
DE
AZ
KS
TN
NC
DC
HI
LA
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 12% of Massachusetts Higher Education Assistance Corporation’s grant dollars are earmarked for a different county than the recipient’s own address.

Massachusetts Higher Education Assistance Corporationlessmore of its giving
Placed by recipient address
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

76%of every dollar goes to organizations it has funded before.
$39M · 38 repeat orgs$12M to everyone else

Grantees it renews have grown median revenue +28% since the first grant, against +20% for those funded once.

38 repeat relationships: 23 still active in FY2024, 15 since wound down; 26 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

38
43

Total granted

$39M
$7.9M

Median revenue growth · since first grant

+28%
+20%

Still filing today

87%
47%

New vs renewed · share of each year

In FY2024, 78% of grant dollars renewed an existing relationship; $4.1M went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
EducationYouth DevelopmentInternationalArts & CultureEmploymentPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • JF
    JOBS FOR THE FUTURE INC
    4× · 2020–2024 · $7.4M · revenue +106%
  • TB
    THE BIG PICTURE COMPANY
    5× · 2020–2024 · $2.5M · revenue +42%
  • RC
    RODEL CHARITABLE FOUNDATION - DE
    4× · 2021–2024 · $2.2M · revenue +20%

Funded once

  • CC
    CAPE COD COMMUNITY COLLEGE
    one grant, 2019 · $1.8M
  • CV
    CAJON VALLEY UNION SCHOOL DISTRICT
    one grant, 2019 · $1.2M
  • CS
    CITIZEN SCHOOLS INC
    one grant, 2021 · $750k · revenue -91%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
New Classrooms Innovation Partners Inc

To create and inspire better ways to give every student an educational foundation for lifelong success. we imagine a world where every student attends a school that meets them where they are, adapts to the unique ways they learn, and…

Education
2
National Institute for Excellence in Teaching

Building educator excellence to give all students the opportunity for success.

Education
3
Inroads Inc

To deliver innovative leadership development programs and creative solutions that identify, accelerate, and elevate underrepresented talent throughout their careers.

Education
4
National Action Council for Minorities in Engineering Inc

To provide leadership and support for the national effort to increase the representation of successful african american, native american and latinx women and men in engineering and technology, math, and science-based careers.

Civil Rights
5
The National Center on Education and the Economy

The Center is dedicated to providing tools the nation needs to lead the world in education & training in a swiftly globalizing world economy.

Public Benefit
6
The Peak School

The peak school seeks to ignite a passion for learning, to develop students of diverse talents and backgrounds who think critically and act with integrity, and to graduate compassionate, confident, capable students who will embrace their…

Education
7
AI4ALL

Ai4all's mission is to ensure that the next generation of ai leaders reflects humanity. ai4all is transforming the pipeline of ai practitioners who will shape ai for the benefit of humanity.

Youth Development
8
Readyct Inc

Readyct works to advance academic excellence and career-connected learning for all public school students in connecticut through collaboration with business, civic, and education leaders.

Education
9
Careerwise Colorado

Careerwise's mission is to forge pathways to meaningful careers through bold advocacy, innovative apprenticeships, and industry led partnerships, creating a dynamic talent ecosystem that connects ambition to opportunity for empowered young…

Education
10
Bpe Inc

Bpe drives exceptional outcomes for all students by developing great teachers and great schools. for three decades, bpe (formerly the boston plan for excellence) has devised solutions to the toughest challenges faced by boston's students…

Education
11
Junior Achievement of Middle America Inc

Junior achievement accelerates economic opportunity and mobility for youth through cross-sector collaboration to deliver innovative solutions that improve educational and economic outcomes for students.

International
12
Business - Higher Education Forum

The business-higher education forum is a national network that connects corporate and college leaders to identify and build the talent solutions that address priority talent needs for employers and the american economy. corporate…

Education
How this is measured
The grantee most central to the portfolio’s shape is Empower Schools Inc; the most unlike its peers is The Hideo Sasaki Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

83 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 83 of the 109 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

8
Load-bearing (≥25% of a budget)
17
Early backer (in before they grew)
80/83
Grantees still filing
44/83
Grew since first funded

Where the money sits, by cause and then by grantee

THE BIG PICTURE COMPANY: $2,535,000 · EducationTHE BIG PICTURE COMPANYUS Chamber of Commerce Foundation: $1,500,000 · EducationUS Chamber of Commerce Foun…COALITION FOR CAREER DEVELOPMENT CENTER: $1,180,000 · EducationCOALITION FOR CAREER DEVELO…Consortium of Universities of the Washington Metropolitan Area: $1,019,945 · EducationConsortium of Universities …NAF: $800,000 · EducationNAFCITIZEN SCHOOLS INC: $750,000 · EducationCAPS NETWORK INC: $672,000 · EducationTeachers College Columbia University: $600,000 · EducationAxim Collaborative Inc: $500,000 · EducationSPARKNC: $500,000 · Education+25 more: $4,083,096 · Education+25 moreNETWORK FOR TEACHING ENTREPRENEURSHIP: $6,973,985 · Youth DevelopmentNETWORK FOR TEACHING EN…THE NATIONAL MENTORING PARTNERSHIP INC: $3,100,000 · Youth DevelopmentTHE NATIONAL MENTORING …APPRENTICE LEARNING INC: $500,000 · Youth DevelopmentTHE IMAGINE JUSTICE SOCIETY: $500,000 · Youth Development+6 more: $820,806 · Youth Development+6 moreJOBS FOR THE FUTURE INC: $7,375,000 · EmploymentJOBS FOR THE FUTUR…SKILLS FOR RHODE ISLAND'S FUTURE: $1,500,000 · EmploymentSKILLS FOR RHODE I…ICOULDBEORG INC: $440,000 · Employment+1 more: $50,000 · EmploymentCAPE COD COMMUNITY COLLEGE: $1,800,000 · OtherCAPE COD COMMUNITY C…CAJON VALLEY UNION SCHOOL DISTRICT: $1,203,046 · OtherCAJON VALLEY UNION S…MENDON-UPTON REGIONAL SCHOOL DISTRICT: $604,230 · OtherMENDON-UPTON REGIONA…NATIONAL RURAL EDUCATION ASSOCIATION: $360,250 · OtherNEW PROFIT INC: $1,500,000 · OtherNEW PROFIT INC+45 more: $5,065,584 · Other+45 moreNEW VENTURE FUND: $6,500,000 · EnvironmentNEW VENTURE …RODEL CHARITABLE FOUNDATION - DE: $2,199,998 · PhilanthropyTHE HIDEO SASAKI FOUNDATION: $150,000 · PhilanthropyTHE IMMOKALEE FOUNDATION INC: $90,000 · Philanthropy+1 more: $50,000 · PhilanthropyAMERICA SUCCEEDS: $700,000 · Arts & CultureGPS EDUCATION PARTNERS INC: $600,000 · Arts & CultureCENTER FOR BLACK EDUCATOR DEVELOPMENT: $400,000 · Arts & CultureBIG THOUGHT: $375,000 · Arts & CultureBRIC FOUNDATION: $250,000 · Arts & Culture
Education$14,140,041Youth Development$11,894,791Employment$9,365,000Other$10,533,110Environment$6,500,000Philanthropy$2,489,998Arts & Culture$2,325,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetJOBS FOR THE FUTURE INC: $7,375,000 over 4y, 5.3% of budgetNETWORK FOR TEACHING ENTREPRENEURSHIP: $6,973,985 over 5y, 30% of budgetNEW VENTURE FUND: $6,500,000 over 3y, 0.4% of budgetTHE NATIONAL MENTORING PARTNERSHIP INC: $3,100,000 over 3y, 12% of budgetTHE BIG PICTURE COMPANY: $2,535,000 over 5y, 11% of budgetRODEL CHARITABLE FOUNDATION - DE: $2,199,998 over 4y, 12% of budgetUS Chamber of Commerce Foundation: $1,500,000 over 3y, 1.5% of budgetNEW PROFIT INC: $1,500,000 over 3y, 2.3% of budgetSKILLS FOR RHODE ISLAND'S FUTURE: $1,500,000 over 3y, 14% of budgetCOALITION FOR CAREER DEVELOPMENT CENTER: $1,180,000 over 4y, 65% of budgetConsortium of Universities of the Washington Metropolitan Area: $1,019,945 over 5y, 4.5% of budgetNAF: $800,000 over 2y, 2.0% of budgetCITIZEN SCHOOLS INC: $750,000 over 1y, 8.5% of budgetAMERICA SUCCEEDS: $700,000 over 3y, 23% of budgetCAPS NETWORK INC: $672,000 over 2y, 40% of budgetTeachers College Columbia University: $600,000 over 2y, 0.2% of budgetGPS EDUCATION PARTNERS INC: $600,000 over 2y, 6.3% of budgetAPPRENTICE LEARNING INC: $500,000 over 3y, 47% of budgetAxim Collaborative Inc: $500,000 over 1y, 0.6% of budgetSPARKNC: $500,000 over 1y, 7.0% of budgetICOULDBEORG INC: $440,000 over 2y, 22% of budgetCONNECTED THE NATIONAL CENTER FOR COLLEGE AND CAREER: $400,000 over 2y, 6.1% of budgetCENTER FOR BLACK EDUCATOR DEVELOPMENT: $400,000 over 2y, 2.0% of budgetAMERICA ACHIEVES INC: $400,000 over 1y, 2.3% of budgetBIG THOUGHT: $375,000 over 1y, 3.0% of budgetCommunityShare: $350,000 over 2y, 20% of budgetLEARNLAUNCH INC: $325,000 over 2y, 10% of budgetMassachusetts Institute of Technology: $300,000 over 1y, 0.0% of budgetBENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY: $300,000 over 2y, 0.8% of budgetCHICA INC: $300,000 over 3y, 13% of budgetFLARE EDUCATION INC: $300,000 over 3y, 19% of budgetInternational Rescue Committee INC: $300,000 over 2y, 0.0% of budgetRENNIE CENTER FOR EDUCATION RESEARCH & POLICY INC: $290,000 over 3y, 3.3% of budgetMASSACHUSETTS ALLIANCE FOR EARLY COLLEGE INC: $250,000 over 2y, 6.5% of budgetBECKER COLLEGE: $250,000 over 1y, 0.3% of budgetBRIC FOUNDATION: $250,000 over 2y, 14% of budgetBIG SISTER ASSOCIATION OF GREATER BOSTON INC: $237,007 over 1y, 7.0% of budgetSOCIAL INNOVATION FORUM INC: $200,000 over 2y, 4.7% of budgetColorado Succeeds: $200,000 over 1y, 4.3% of budgetunCommon Construction Inc: $200,000 over 1y, 7.1% of budgetBISMARCK PUBLIC SCHOOLS FOUNDATION: $200,000 over 1y, 30% of budgetVIRTUAL ENTERPRISES INTERNATIONAL INC: $200,000 over 1y, 5.1% of budgetMASTERY TRANSCRIPT CONSORTIUM: $200,000 over 1y, 8.9% of budgetUNITED PLANET CORPORATION: $200,000 over 1y, 25% of budgetJUNIOR ACHIEVEMENT OF GREATER BOSTON INC: $200,000 over 2y, 4.0% of budgetASSOCIATION FOR MIDDLE LEVEL EDUCATION: $185,000 over 4y, 6.1% of budgetEMPOWER SCHOOLS INC: $183,000 over 1y, 3.1% of budgetBOYS & GIRLS CLUBS OF BOSTON INC: $165,806 over 1y, 0.5% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Gates FoundationBarr FoundationProject Lead the Way …Project Bread-The Wal…Walton Family Foundat…Combined Jewish Phila…Liberty Mutual Founda…Carnegie Corporation …Cummings Foundation G…Boston Foundation IncCenter for Technology…Fidelity Non-Profit M…
Gates FoundationWA34.6× affinity19 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Gates Foundation · Barr Foundation · Project Lead the Way Inc · Project Bread-The Walk for Hunger Inc · Walton Family Foundation Inc · Combined Jewish Philanthropies of Greater Boston Inc · Liberty Mutual Foundation Inc · Carnegie Corporation of New York · Cummings Foundation Grants Inc (Fka Oneworld Boston Inc) · Boston Foundation Inc · Center for Technology and Civic Life · Fidelity Non-Profit Management Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Massachusetts Higher Education Assistance Corporation funds: left to right is the share of its income from government, bottom to top the share from Massachusetts Higher Education Assistance Corporation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 160%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 8%
  • Massachusetts Institute of Technology: 35% of income from government
  • Rodel Charitable Foundation - De: 20% of income from government
  • Cast Inc: 15% of income from government
  • Chica Inc: 12% of income from government
  • Jobs for the Future Inc: 11% of income from government
  • Citizen Schools Inc: 8% of income from government
  • The Center for Teen Empowerment Inc: 7% of income from government
  • Dana-Farber Cancer Institute Inc: 7% of income from government
  • Benjamin Franklin Cummings Institute of Technology: 5% of income from government
  • Worcester State Foundation Inc: 3% of income from government
  • Boys & Girls Clubs of Boston Inc: 2% of income from government
  • The Red Sox Foundation Inc: 2% of income from government
no gov moneyreceives it· size = income
16get no government money at all
20report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 109 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Massachusetts Higher Education Assistance’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home