New Cycle Foundation
New Cycle Foundation is a private foundation, based in DANVERS, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.9M in total assets. In 2024, it awarded 2 grants totaling $971K. Net investment income was $874K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.9M
-1.5% YoY
Annual Giving
$971K
+15.3% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$485K
+72.9% YoY
Under IRS private-foundation payout rules, New Cycle Foundation reported a distributable amount of $883K for 2024 — the minimum it must pay out in qualifying distributions.
About New Cycle Foundation
Based on IRS filings
New Cycle Foundation is a private foundation, based in DANVERS, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.9M in total assets. In 2024, it awarded 2 grants totaling $971K. Net investment income was $874K.
Ready to take the next step with New Cycle Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,893,534 | $12,076,937 | $11,814,063 |
| Revenue | $1,024,675 | $1,304,205 | $677,355 |
| Expenses | $1,225,802 | $1,036,598 | $744,205 |
| Qualifying Distributions | $1,002,915 | $869,070 | $585,159 |
| Net Investment Income | $874,131 | $1,192,854 | $589,175 |
| Distributable Amount | $883,091 | $793,514 | $839,378 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Santa Fe Community Foundation ($930,500), Colorado State University Foundation ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COLORADO STATE UNIVERSITY FOUNDATION FORT COLLINS, CO | EXEMPT PURPOSE | $40,000 |
| SANTA FE COMMUNITY FOUNDATION SANTA FE, NM | EXEMPT PURPOSE | $930,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KARIN A GRISCOM | TRUSTEE | 2 | — |
| TODD A KLIBANSKY | PRESIDENT | 2 | $12,000 |
Frequently Asked Questions
How large is New Cycle Foundation?
As of 2024, New Cycle Foundation holds $11.9M in total assets with $1.0M in annual revenue. It awarded 2 grants totaling $971K in 2024.
Where does New Cycle Foundation operate?
New Cycle Foundation has awarded grants in California, Colorado, New Mexico.
What size grants does New Cycle Foundation award?
In 2024, New Cycle Foundation awarded 2 grants totaling $971K — an average of about $485K per grant, based on its IRS Form 990 filings.
How much is New Cycle Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, New Cycle Foundation reported a distributable amount of $883K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is New Cycle Foundation's EIN?
New Cycle Foundation's EIN (Employer Identification Number) is 13-3260471. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in New Cycle Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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