Montana · Public charity
Montana Higher Education Student Assistance Corporation
Mhesac offers borrower benefits in the form of principal and interest rate reductions to existing student loan borrowers. Its reach higher montana (rhm) programs core areas of focus are dual enrollment support, student services, network support and outreach.
- $422k
- Granted FY2025(still arriving)
- 1
- Itemized grants FY2025
- 3
- Organizations funded FY2024
- 0%
- First-time grantees FY2024
- Itemized, FY2025
- $63k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $62,500
- Largest grant, FY2025
- $62,500
- Organizations funded a year
- 2 to 8
- FY2018 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $280M
How open it is to new grantees
In FY2024, 0% of the organizations Montana Higher Education Student Assistance Corporation funded were first-time grantees, receiving 0% of its grant dollars.
New vs renewed · share of each year
In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 1 | $63k | 0% |
| FY2024 | 3 | $78k | 0% |
| FY2023 | 4 | $95k | 0% |
| FY2022 | 6 | $92k | 17% |
| FY2021 | 8 | $101k | 63% |
| FY2020 | 6 | $116k | 33% |
| FY2019 | 4 | $92k | 50% |
| FY2018 | 2 | $60k | 50% |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Top grantees
Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Department of Public Health & Human Services | $485,500 | 9 | n/a |
| The University of Montana | $78,000 | 3 | n/a |
| Montana State University | $75,000 | 1 | n/a |
| Montana Technological University | $71,025 | 3 | n/a |
| Montana College Attainment Network | $58,200 | 4 | n/a |
| Montana Chamber Foundation | $46,625 | 5 | 11% |
| Montana FFA Foundation Inc | $46,000 | 4 | 3% |
| Montana Cooperative Development Center Inc | $20,000 | 2 | 2% |
| Hardin School District 17h 1 | $20,000 | 1 | n/a |
| Msu Billings | $11,500 | 1 | n/a |
Show all 16 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Department of Public Health & Human Services | $485,500 | 9 | n/a |
| The University of Montana | $78,000 | 3 | n/a |
| Montana State University | $75,000 | 1 | n/a |
| Montana Technological University | $71,025 | 3 | n/a |
| Montana College Attainment Network | $58,200 | 4 | n/a |
| Montana Chamber Foundation | $46,625 | 5 | 11% |
| Montana FFA Foundation Inc | $46,000 | 4 | 3% |
| Montana Cooperative Development Center Inc | $20,000 | 2 | 2% |
| Hardin School District 17h 1 | $20,000 | 1 | n/a |
| Msu Billings | $11,500 | 1 | n/a |
| Helena Education Foundation | $10,250 | 1 | 4% |
| Billings Public Schools | $10,000 | 1 | n/a |
| Montana School Counselor Association | $5,056 | 1 | 5% |
| Alberton Joint School District #2 | $5,000 | 1 | n/a |
| Montana Post Secondary Educational Opportunities Council | $5,000 | 1 | 2% |
| Helena College Foundation Inc | $5,000 | 1 | n/a |
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.
Open a dossier: Town Pump Charitable Foundation · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
Compare Montana Higher Education Student Assistance Corporation with peer funders
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About Montana Higher Education Student Assistance Corporation
- How much does Montana Higher Education Student Assistance Corporation give?
- Montana Higher Education Student Assistance Corporation reported 1 itemized grants totaling $62,500, out of $422,212 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 2 and 8 organizations a year over FY2018 to FY2024.
- What does Montana Higher Education Student Assistance Corporation fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Youth Development (57%), Education (36%), Community Improvement (7%).
- Who are Montana Higher Education Student Assistance Corporation's largest grantees?
- By total granted over FY2017 to FY2025: Department of Public Health & Human Services ($486k), The University of Montana ($78k), Montana State University ($75k).
- Does Montana Higher Education Student Assistance Corporation fund new organizations?
- In FY2024, 0% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Montana Higher Education Student Assistance Corporation?
- Its strongest co-funders, measured against what their size predicts, include Town Pump Charitable Foundation, Fidelity Investments Charitable Gift Fund, Amazonsmile Foundation.
- Where is Montana Higher Education Student Assistance Corporation based?
- Montana Higher Education Student Assistance Corporation is based in MT.
Play a game based on Montana Higher Education Student Assistance’s filings →