New Balance Foundation
New Balance Foundation is a private foundation based in Boston, Massachusetts. Established in 1981, it supports initiatives in its global communities focused on health, stronger communities, and opportunity for young people and families in under-resourced communities.
New Balance Foundation at a glance
In short: New Balance Foundation gave $16.8M across 85 grants in 2025 (avg $198K), mostly in Massachusetts. 5% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $16,796,311
- +41.8% vs 2024
- Grants made (2025)
- 85
- -3.4% vs 2024
- Average grant
- $197,604
- +46.8% vs 2024
- Median grant
- $50,000
- Total assets
- $242,158,426
- +23.3% vs 2024
- New grantees (estimate)
- 5% first-time grantees (4 of 85, 2025)
- Primary geography
- Massachusetts (58% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to New Balance Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 100 Guest Street, Boston, MA 02135
Phone: (617) 746-2212
Website: https://newbalance.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who New Balance Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was West End Boys and Girls Club ($2.5M). Together the top 10 received $11.1M.
Grant Size Distribution
393 grants across all recorded years
The most common grant size was under $50K: 185 grants of 393 (47%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went primarily to recipients in Massachusetts (58%), followed by New York (11%), the District of Columbia (8%), California (8%), and Maine (7%). The listed grants also included recipients in Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 85 itemized grants.
States
Cities
Is New Balance Foundation open to new grantees?
5%
first-time grantees, 2025
In 2025, 4 of 85 grantees (5%) were first-time recipients. First grants averaged $263K; repeat grants $194K. How we count
Medians: $263K first-time, $50K repeat.
- 95% of 2025 grantees were also funded in 2024. Method
- Giving grew 99% from 2022 to 2025. Method
- In 2025 it paid out 127% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $8.0M (2021) to $16.8M (2025). In 2025 it made 85 grants totaling $16.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| West End Boys and Girls Club Allston, MA | General Support | $2,450,000 |
| Boston Childrens Hospital Boston, MA | General Support | $1,750,000 |
| Boys and Girls Club of Dorchester Boston, MA | General Support | $1,550,000 |
| World Central Kitchen Washington, DC | General Support | $1,250,000 |
| Beyond Sports Foundation New York, NY | General Support | $1,073,775 |
| American Red Cross Fairfax, VA | General Support | $1,025,000 |
| Harlem Lacrosse New York, NY | General Support | $600,000 |
| California Community Foundation Los Angeles, CA | General Support | $500,000 |
| Habitat for Humanity of Greater Los Angeles Los Angeles, CA | General Support | $500,000 |
| Lawrence Boys and Girls Club Lawrence, MA | General Support | $390,000 |
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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 | $242,158,426 | $63,504,797 | $17,719,938 | $16,796,311 | 85 | $16,798,311 | $12,703,152 | $13,204,830 |
| 2024 | $196,373,567 | $28,469,246 | $12,539,988 | $11,847,336 | 88 | $11,848,336 | $12,786,382 | $10,663,518 |
| 2023 | $180,444,309 | $38,526,003 | $10,642,858 | $10,122,363 | 74 | $10,123,363 | $5,066,083 | $9,594,243 |
| 2022 | $152,561,164 | $17,219,252 | $9,158,591 | $8,445,127 | 67 | $8,446,128 | $6,769,267 | $8,355,309 |
| 2021 | $144,500,503 | $33,373,881 | $8,762,440 | $8,006,172 | 79 | — | $17,856,270 | $7,639,604 |
Under IRS private-foundation payout rules, New Balance Foundation reported a distributable amount of $13.2M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
New Balance Foundation’s stated mission is to drive positive change in global communities. Its stated commitments include preventing childhood obesity and championing young people’s future success. The foundation’s website also describes its philanthropy as focused on opportunities for active living, strengthening communities, and positive change.
Its 2025 grantees illustrate a range of supported work. For example, World Central Kitchen describes its mission as providing meals in response to humanitarian, climate, and community crises. Lawrence Boys & Girls Club says it works to help young people reach their full potential, while Esperanza Academy describes itself as a tuition-free, all-girls middle school supporting students in Lawrence, Massachusetts. Redington-Fairview General Hospital says it provides health services to the people it serves, and Two Ten Footwear Foundation describes services for footwear-industry employees, including emergency assistance, counseling, education funding, and professional development.
Grantmaking
In 2025, the foundation reported 85 grants totaling $16,796,311. Grant amounts ranged from $2,250 to $2,450,000, with a median grant of $50,000. The largest awards included $2,450,000 to West End Boys and Girls Club, $1,750,000 to Boston Children’s Hospital, $1,550,000 to Boys and Girls Club of Dorchester, $1,250,000 to World Central Kitchen, and $1,073,775 to Beyond Sports Foundation. Each was listed for general support.
Other 2025 awards included $600,000 to Harlem Lacrosse, $500,000 each to California Community Foundation and Habitat for Humanity of Greater Los Angeles, $390,000 to Lawrence Boys and Girls Club, $350,000 to Two Ten Footwear Foundation, and $323,436 to Redington Fairview Hospital.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists the following trustees: Anne M. Davis, James S. Davis, Paul G. Gauron, Kassia A. Davis, Christopher C. Davis, Megan Block, and Molly Santry.
New Balance Foundation's 2025 filing lists 7 officers; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Anne M. Davis
Trustee
On filings since 2021
3 hrs/week
No compensation reported
Christopher C. Davis
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
James S. Davis
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Kassia A. Davis
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Paul G. Gauron
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Megan Block
Trustee
New on the 2025 filing
0.3 hrs/week
No compensation reported
Molly Santry
Trustee
New on the 2025 filing
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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
How much does New Balance Foundation give each year?
New Balance Foundation gave $16.8M across 85 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11.8M across 88 grants.
What is New Balance Foundation's typical grant size?
New Balance Foundation's median grant in 2025 was $50,000, and its average grant was $197,604, across 85 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from New Balance Foundation that year got $263K on average.
Where does New Balance Foundation give grants?
New Balance Foundation gives mostly in Massachusetts: 58% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (11%) and District of Columbia (8%). The most frequent recipient cities were Boston, MA (25 grants), Lawrence, MA (11 grants), Brighton, MA (5 grants) and New York, NY (4 grants).
Does New Balance Foundation give general operating support?
Yes: 100% of New Balance Foundation's 2025 grants with a stated purpose (85 of 85) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are New Balance Foundation's largest grantees?
New Balance Foundation's largest 2025 grantees include West End Boys and Girls Club ($2,450,000), Boston Childrens Hospital ($1,750,000) and Boys and Girls Club of Dorchester ($1,550,000), according to its 2025 IRS Form 990-PF. Together they received 34% of its itemized 2025 grant dollars.
How large is New Balance Foundation?
New Balance Foundation reported $242.2M in total assets on its 2025 IRS Form 990-PF. It paid out $16.8M in qualifying distributions that year, against a required minimum of $13.2M (roughly 5% of its investment assets).
What does New Balance Foundation fund?
New Balance Foundation’s stated mission is to drive positive change in global communities. Its stated commitments include preventing childhood obesity and championing young people’s future success. See mission & focus areas ↑
How do I apply for a grant from New Balance Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is New Balance Foundation's EIN?
New Balance Foundation's EIN (Employer Identification Number) is 04-6470644. IRS Form 990 filing data is available on this page for 2021–2025.
Does New Balance Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 14, 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 4, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 10, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in New Balance Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). New Balance Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/new-balance-foundation-morg_02e86336c13e441a97c63f0319dab4fe
BibTeX
@misc{grantable_046470644_2026,
author = {{Grantable}},
title = {{New Balance Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/new-balance-foundation-morg_02e86336c13e441a97c63f0319dab4fe},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from New Balance 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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