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.
New Cycle Foundation at a glance
In short: New Cycle Foundation gave $971K across 2 grants in 2024 (avg $485K), mostly in New Mexico. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $970,500
- +15.3% vs 2023
- Grants made (2024)
- 2
- -33.3% vs 2023
- Average grant
- $485,250
- +72.9% vs 2023
- Median grant
- $485,250
- Total assets
- $11,893,534
- -1.5% vs 2023
- Primary geography
- New Mexico (96% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who New Cycle Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Santa Fe Community Foundation ($931K). Together the top 2 received $971K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 14 grants of 21 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How New Cycle Foundation gives
- Giving grew 56% from 2021 to 2024. Method
- In 2024 it paid out 114% 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 2024, annual grant giving ranged from $454K (2020) to $971K (2024). In 2024 it made 2 grants totaling $971K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Santa Fe Community Foundation Santa Fe, NM | Exempt Purpose | $930,500 |
| Colorado State University Foundation Fort Collins, CO | Exempt Purpose | $40,000 |
Ready to take the next step with New Cycle Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $11,893,534 | $1,024,675 | $1,225,802 | $970,500 | 2 | $1,002,915 | $874,131 | $883,091 |
| 2023 | $12,076,937 | $1,304,205 | $1,036,598 | $842,000 | 3 | $869,070 | $1,192,854 | $793,514 |
| 2022 | $11,814,063 | $677,355 | $744,205 | $558,500 | 3 | $585,159 | $589,175 | $839,378 |
| 2021 | $11,883,845 | $984,954 | $765,981 | $623,500 | 8 | $636,937 | $892,976 | $925,997 |
| 2020 | $11,664,872 | $-14,685 | $625,155 | $453,585 | 5 | — | $135,336 | $766,328 |
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.
Leadership & Key People
Officers and directors from IRS filings
New Cycle Foundation is led by Todd A. Klibansky, President on every filing since 2020; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Todd A. Klibansky
President
On filings since 2020
2 hrs/week
$12K (2022) → $12K (2024)
Karin A. Griscom
Trustee
On filings since 2020
2 hrs/week
$12K (2020) → $0 (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $12K, to Todd a Klibansky (President).
Frequently asked questions about New Cycle Foundation
How much does New Cycle Foundation give each year?
New Cycle Foundation gave $971K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $842K across 3 grants.
How large is New Cycle Foundation?
New Cycle Foundation reported $11.9M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $883K (roughly 5% of its investment assets).
Where does New Cycle Foundation operate?
New Cycle Foundation has awarded grants in California, Colorado, New Mexico.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in New Cycle Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Bolene Charitable Trust
Wichita, KS
Assets
$586K
Grants
25
Total Given
$25K
IDM Foundation
Kalamazoo, MI
The foundation funds charitable organizations in areas including reproductive health, community philanthropy, environmental conservation, and civic engagement, with 2024 grants ranging from $2,000 to $20,000 and a median of $5,000. Its grants went chiefly to organizations in the District of Columbia, New Mexico, New York, California, and Arizona. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$1.3M
Grants
31
Total Given
$210K
Castaways Foundation
Chicago, IL
The foundation supports a varied range of charitable causes, including poverty relief, food security, health, animal welfare, immigrant rights, and higher education, with most 2025 funding going to Colorado and Illinois. Its 77 grants ranged from $250 to $20,000, with a median of $1,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.6M
Grants
77
Total Given
$180K
Collins Johnson Family Foundation
Lititz, PA
Assets
$533K
Grants
5
Total Given
$35K
Western Conservation Foundation
Denver, CO
Western Conservation Foundation funds nonprofit public education and leadership-building efforts that advance conservation of the West’s land, air, water, and wildlife, primarily in the Western United States. In 2024, grants ranged from $6,000 to $310,000, with a median of about $43,000. It accepts no unsolicited requests; grants are by invitation only.
Assets
$8.1M
Grants
114
Total Given
$7.6M
Doris Day and Terry Melcher Foundation
Omaha, NE
The foundation funds animal welfare, including rescue and adoption, veterinary care and research, scholarships, wildlife care, and related programs. Its 2024 grants ranged from $75,000 to $298,362, with a median of $100,000, supporting organizations in several states, especially California, as well as Nebraska and other locations. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$26.6M
Grants
11
Total Given
$1.3M
More similar funders
More Funders in Massachusetts
Cite this profile
Grantable. (2026). New Cycle Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/new-cycle-foundation-morg_fd18c6a557a748578535eedf2d29b41e
BibTeX
@misc{grantable_133260471_2026,
author = {{Grantable}},
title = {{New Cycle Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/new-cycle-foundation-morg_fd18c6a557a748578535eedf2d29b41e},
note = {Accessed 2026-10-15. 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 Cycle 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.
New Cycle Foundation down — hundreds of funders to go?