Foresight Foundation
Foresight Foundation is a private foundation, based in Austin, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 6 grants totaling $40K.
Foresight Foundation at a glance
In short: Foresight Foundation gave $40K across 6 grants in 2023 (avg $7K), mostly in Rhode Island. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $40,000
- -38.5% vs 2022
- Grants made (2023)
- 6
- +0.0% vs 2022
- Average grant
- $6,667
- -38.5% vs 2022
- Median grant
- $1,750
- Primary geography
- Rhode Island (75% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Foresight Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2023
The largest 2023 recipient was Best Buddies ($6K). Together the top 5 received $10K.
Organizations only. It also paid 1 grant to individuals ($30,000), which are not listed by name.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 21 grants of 23 (91%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 6 itemized grants.
Cities
How Foresight Foundation gives
- Giving held roughly steady from 2020 to 2023 (+14%). Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $35K (2020) to $98K (2021). In 2023 it made 6 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $30,000 |
| Best Buddies Miami, FL | operations | $5,500 |
| CURE Childhood Cancer Atlanta, GA | operations | $2,500 |
| National Alliance on Mental Illness Arlington, VA | operations | $1,000 |
| Samaritans Purse Boone, NC | operations | $500 |
| Flatwater Foundation Austin, TX | operations | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | — | $14,883 | $40,000 | 6 | $14,883 | — | $304 |
| 2022 | $163,953 | $11,314 | $11,096 | $65,000 | 6 | $11,096 | $11,314 | $254 |
| 2021 | $163,735 | $17,122 | $66,839 | $97,500 | 3 | $65,589 | $17,122 | $376 |
| 2020 | $213,452 | $1,006 | $1,283 | $35,000 | 8 | — | $1,573 | $10,497 |
Under IRS private-foundation payout rules, Foresight Foundation reported a distributable amount of $304 for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Foresight Foundation is led by Jennifer J Newbill, President & Secretary on every filing since 2020; none of the 5 officers listed in 2023 report compensation.
Officers on the 2023 filing
Jennifer J Newbill
President & Secretary
On filings since 2020
2 hrs/week
No compensation reported
Alan C Jones
Director
On filings since 2020
2 hrs/week
No compensation reported
Brooks Newbill
Director
On filings since 2020
No compensation reported
Steven C Jones
Director
On filings since 2020
No compensation reported
Colleen Jones
Treasurer & Vice President
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Foresight Foundation
How much does Foresight Foundation give each year?
Foresight Foundation gave $40K across 6 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $65K across 6 grants.
What is Foresight Foundation's typical grant size?
Foresight Foundation's median grant in 2023 was $1,750, and its average grant was $6,667, across 6 grants on its 2023 IRS Form 990-PF.
Where does Foresight Foundation give grants?
Foresight Foundation gives mostly in Rhode Island: 75% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest states were Florida (14%) and Georgia (6%).
Does Foresight Foundation give general operating support?
Not in 2023: none of the 6 grants with a stated purpose on Foresight Foundation's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations" (5 grants).
Who are Foresight Foundation's largest grantees?
Foresight Foundation's largest 2023 grantees include Best Buddies ($5,500), CURE Childhood Cancer ($2,500) and National Alliance on Mental Illness ($1,000), according to its 2023 IRS Form 990-PF. It also paid 1 grant to individuals ($30,000), which are not listed by name. Together they received 23% of its itemized 2023 grant dollars.
How much is Foresight Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Foresight Foundation reported a distributable amount of $304 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foresight Foundation's EIN?
Foresight Foundation's EIN (Employer Identification Number) is 74-2444567. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 25, 2024)
- IRS filings on file for fiscal years 2020–2023
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Foresight Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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