New Balance Foundation for International
New Balance Foundation for International is a private foundation, based in Boston, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $9.7M in total assets. In 2025, it awarded 1 grant totaling $500K. Net investment income was $626K.
New Balance Foundation for International at a glance
In short: New Balance Foundation for International gave $500K across 1 grant in 2025 (avg $500K), mostly in Maryland. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $500,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $500,000
- +0.0% vs 2024
- Median grant
- $500,000
- Total assets
- $9,686,334
- +12.3% vs 2024
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who New Balance Foundation for International funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Impact Assets-DAF ($500K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How New Balance Foundation for International gives
- Giving grew 456% from 2022 to 2025. Method
- In 2025 it paid out 112% of 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 2025, annual grant giving ranged from $70K (2021) to $500K (2025). In 2025 it made 1 grant totaling $500K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Impact Assets-DAF Bethesda, MD | Contribution to donor advised fund to make future qualifying distrbutions to other 501(c)(3) organizations | $500,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $9,686,334 | $1,625,807 | $562,420 | $500,000 | 1 | $500,000 | $625,807 | $446,424 |
| 2024 | $8,622,947 | $941,292 | $535,884 | $500,000 | 1 | $500,000 | $941,292 | $419,346 |
| 2023 | $8,217,539 | $5,143,266 | $256,986 | $250,000 | 1 | $250,000 | $143,266 | $182,877 |
| 2022 | $3,331,259 | $2,086,335 | $96,770 | $90,000 | 1 | $90,500 | $102,257 | $84,346 |
| 2021 | $1,341,694 | $147,858 | $74,918 | $70,000 | 1 | $74,918 | $149,150 | $87,011 |
| 2020 | $1,268,754 | $89,960 | $136,035 | $131,000 | 1 | — | $89,960 | $73,354 |
Under IRS private-foundation payout rules, New Balance Foundation for International reported a distributable amount of $446K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
New Balance Foundation for International is led by Anne Mdavis, President & Director on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Anne Mdavis
President & Director
On filings since 2020
1 hr/week
No compensation reported
James Sdavis
Director
On filings since 2020
1 hr/week
No compensation reported
Paul Ggauron
Clerk & Director
On filings since 2020
1 hr/week
No compensation reported
William Rstandley
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 New Balance Foundation for International
How much does New Balance Foundation for International give each year?
New Balance Foundation for International gave $500K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $500K across 1 grant.
How large is New Balance Foundation for International?
New Balance Foundation for International reported $9.7M in total assets on its 2025 IRS Form 990-PF. It paid out $500K in qualifying distributions that year, against a required minimum of $446K (roughly 5% of its investment assets).
Where does New Balance Foundation for International operate?
New Balance Foundation for International has awarded grants in Maryland.
What is New Balance Foundation for International's EIN?
New Balance Foundation for International's EIN (Employer Identification Number) is 45-2546820. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 5, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work New Balance Foundation for International funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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