The Maine State Capitol

Form 990-PFTax year 2024EIN 01-0265587

Higher Education Assistance Foundation

A private foundation in Westbrook, ME. Its return for tax year 2024 lists 7 grants and $14,000 paid in grants.

Tax year 2024 (period ending Sep 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Liza M Wells
2 Thomas Drive
Westbrook, ME 04092
(207) 791-8400
Form and materials
The Recipients of the scholarships are determined by the individual college involved. Application guidelines are determined by the individual colleges criteria.
Deadlines
March 31st
Restrictions
Recipients must be Maine high school graduates who are enrolled in a business-related program at a Maine college or university.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $14,000

    Grants listed
    7
    Assets, end of year
    $249,254
  • Tax year 2023

    $14,400

    Grants listed
    12
    Assets, end of year
    $256,431
  • Tax year 2022

    $10,000

    Grants listed
    10
    Assets, end of year
    $266,207
  • Tax year 2021

    $13,000

    Grants listed
    14
    Assets, end of year
    $273,121
  • Tax year 2020

    $14,000

    Grants listed
    14
    Assets, end of year
    $284,358
  • Tax year 2019

    $14,000

    Grants listed
    14
    Assets, end of year
    $294,601
  • Tax year 2018

    $15,000

    Grants listed
    15
    Assets, end of year
    $300,758
  • Tax year 2017

    $15,000

    Grants listed
    17
    Assets, end of year
    $301,190

Grants paid in 2024

7 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    Educational Scholarship

    $2,000
  2. Individual

    Educational Scholarship

    $2,000
  3. Individual

    Educational Scholarship

    $2,000
  4. Individual

    Educational Scholarship

    $2,000
  5. Individual

    Educational Scholarship

    $2,000
  6. Individual

    Educational Scholarship

    $2,000
  7. University of New EnglandBiddeford, ME

    Scholarship Foundation Payment

    $2,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $2,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Maine1 grant $2,000

Officers, directors and trustees

12 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Neil KielyChair Hours 1Pay $0
  • Daniel WalshVice Chairman Hours 1Pay $0
  • Lawrence L BarkerImmediate Past Chair/Director Hours 1Pay $0
  • Jim RochePresident Hours 1Pay $0
  • Stephen deCastroDirector Hours 1Pay $0
  • Anthony DisottoDirector Hours 1Pay $0
  • Glenn HutchinsonDirector Hours 1Pay $0
  • Mark JonesDirector Hours 1Pay $0
  • Alexander MeagherDirector Hours 1Pay $0
  • Tony McKimDirector Hours 1Pay $0
  • Curt PatersonDirector Hours 1Pay $0
  • Timothy ThompsonDirector Hours 1Pay $0

The return

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