New Beginning Foundation Inc
New Beginning Foundation Inc is a private foundation focused on Crime & Legal Related, based in Ocean Grove, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $912K in total assets. In 2024, it awarded 1 grant totaling $10K.
New Beginning Foundation Inc at a glance
In short: New Beginning Foundation Inc gave $10K across 1 grant in 2024 (avg $10K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $10,000
- +53.8% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $10,000
- +53.8% vs 2023
- Median grant
- $10,000
- Total assets
- $912,092
- -4.3% vs 2023
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who New Beginning Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was St Paul's United Methodist Church ($10K).
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How New Beginning Foundation Inc gives
- Giving fell 59% from 2021 to 2024. Method
- In 2024 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 2024, annual grant giving ranged from $6K (2022) to $24K (2021). In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Paul's United Methodist Church Ocean Grove, NJ | Charitable Purposes. | $10,000 |
Ready to take the next step with New Beginning Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $912,092 | $25,000 | $66,103 | $10,000 | 1 | $40,233 | $469 |
| 2023 | $953,195 | $21,274 | $64,033 | $6,500 | 1 | $38,162 | $1,114 |
| 2022 | $995,954 | $71,109 | $62,634 | $6,000 | 1 | $35,982 | $1,088 |
| 2021 | $987,479 | $33,000 | $66,254 | $24,100 | 3 | $40,383 | $303 |
| 2020 | $1,020,733 | $46,500 | $70,773 | $20,250 | 3 | — | $242 |
Under IRS private-foundation payout rules, New Beginning Foundation Inc reported a distributable amount of $469 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
New Beginning Foundation Inc is led by Carol Boniello, President & Trustee on the 2024 filing; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Carol Boniello
President & Trustee
New on the 2024 filing
15 hrs/week
No compensation reported
Peter Herr
Vice President & Trustee
On filings since 2020
2 hrs/week
No compensation reported
Roberta Mitchell
Secretary & Trustee
On filings since 2020
2 hrs/week
No compensation reported
Stephen Downing
Trustee
On filings since 2020
1 hr/week
No compensation reported
Wendy Stockdale
Treasurer & Trustee
On filings since 2020
2 hrs/week
No compensation reported
Former officers (1)
- Former: Ruth Egner (2020–2023) — President & Trustee
Data from IRS Form 990 filings, 2020–2024. "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 Beginning Foundation Inc
How much does New Beginning Foundation Inc give each year?
New Beginning Foundation Inc gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7K across 1 grant.
How large is New Beginning Foundation Inc?
New Beginning Foundation Inc reported $912K in total assets on its 2024 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $469 (roughly 5% of its investment assets).
What is New Beginning Foundation Inc?
New Beginning Foundation Inc is a private foundation focused on Crime & Legal Related, based in Ocean Grove, NJ. It holds $912K in total assets as of 2024.
Where does New Beginning Foundation Inc operate?
New Beginning Foundation Inc has awarded grants in New Jersey.
What is New Beginning Foundation Inc's EIN?
New Beginning Foundation Inc's EIN (Employer Identification Number) is 38-3860417. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 15, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 29, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in New Beginning Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New Jersey
Rush County Community Foundation Inc
Rushville, IN
Rush County Community Foundation funds local nonprofit projects and programs in Rush County, Indiana, including community facilities, public safety, recreation, and basic needs. Its typical grant is around $11,000, though awards vary widely; community grant requests begin with an online letter of intent, so unsolicited requests are accepted through that process.
Assets
$29.9M
Grants
32
Total Given
$7.1M
Maxine S Lahti Charitable Trust
Pittsburgh, PA
Assets
$661K
Grants
2
Total Given
$35K
T U W Flowers Chrtbl Fndtn Ttee
Saint Louis, MO
The foundation supports churches, schools, health, arts, and social-service organizations; its 2025 grants ranged from $2,650 to $20,559, with a median of $5,000. Recent grants went primarily to New Jersey, with a smaller share in Pennsylvania, and it accepts applications by email without limiting giving to preselected organizations; awards are restricted to the region specified in the application instructions.
Assets
$3.1M
Grants
20
Total Given
$160K
Legacy Foundation of Tompkins County
Ithaca, NY
The Legacy Foundation of Tompkins County funds nonprofit programs, projects, and one-time capital needs in health, education, recreation, social services, aging, and the arts, prioritizing work that benefits Tompkins County residents. Grants are typically up to $5,000 and seldom exceed $10,000. It accepts applications from eligible 501(c)(3) organizations or those with a fiscal sponsor; the profile does not state whether unsolicited requests are accepted.
Assets
$3.6M
Grants
61
Total Given
$214K
The Hall-Perrine Foundation
Cedar Rapids, IA
The Hall-Perrine Foundation primarily funds capital projects and may consider new, distinctive program projects with lasting community value; its 2025 grants ranged from $2,000 to $750,000, with a median of $260,000. It funds eligible 501(c)(3) public nonprofits in Linn County, Iowa; prospective applicants are asked to make a preliminary inquiry, and program requests should begin with a letter of inquiry.
Assets
$143.8M
Grants
21
Total Given
$5.6M
Lester T Schaumleffel
Milwaukee, WI
Assets
$1.1M
Grants
6
Total Given
$64K
More similar funders
More Funders in New Jersey
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from New Beginning Foundation Inc'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.
New Beginning Foundation Inc down — hundreds of funders to go?