New Beginning Resources Inc
New Beginning Resources Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTER, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $742K in total assets. In 2024, it made $1.1M in qualifying distributions. Net investment income was $57K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$742K
-3.3% YoY
Revenue
$1.1M
-8.4% YoY
Qualifying Distributions
$1.1M
-10.1% YoY
Expenses
$1.1M
-10.3% YoY
About New Beginning Resources Inc
Based on IRS filings
New Beginning Resources Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTER, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $742K in total assets. In 2024, it made $1.1M in qualifying distributions. Net investment income was $57K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $741,797 | $767,195 | $803,392 |
| Revenue | $1,127,329 | $1,231,231 | $1,427,360 |
| Expenses | $1,144,103 | $1,275,003 | $1,394,493 |
| Qualifying Distributions | $1,126,761 | $1,253,208 | $1,394,483 |
| Net Investment Income | $56,661 | $43,041 | $68,304 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUSSELL LEATHERMAN | OPERATING OF | — | — |
| PERRY L SHAW | BOARD MEMBER | — | — |
| MATTHEW BROUWER | BOARD MEMBER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Beginning Resources Inc?
New Beginning Resources Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTER, TX. It holds $742K in total assets as of 2024.
How large is New Beginning Resources Inc?
As of 2024, New Beginning Resources Inc holds $742K in total assets with $1.1M in annual revenue.
What is New Beginning Resources Inc's EIN?
New Beginning Resources Inc's EIN (Employer Identification Number) is 20-0432677. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.