New Eagle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.4M in total assets. In 2024, it awarded 14 grants totaling $468K. Net investment income was $393K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.4M
+2.0% YoY
Annual Giving
$468K
-4.1% YoY
Grant Count
14
-12.5% YoY
Avg Grant Size
$33K
+9.6% YoY
Under IRS private-foundation payout rules, New Eagle Foundation reported a distributable amount of $461K for 2024 — the minimum it must pay out in qualifying distributions.
About New Eagle Foundation
Based on IRS filings
New Eagle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.4M in total assets. In 2024, it awarded 14 grants totaling $468K. Net investment income was $393K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,434,758 | $9,250,211 | $9,152,964 |
| Revenue | $489,166 | $348,727 | $-1,025,039 |
| Expenses | $567,790 | $586,654 | $602,499 |
| Qualifying Distributions | $468,939 | $498,204 | $549,031 |
| Net Investment Income | $393,395 | $164,466 | $107,177 |
| Distributable Amount | $460,824 | $443,390 | $480,688 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Purdue University Foundation ($240,000), Campus Crusade for Christ ($75,000), Navigators ($51,600).
| Recipient | Purpose | Amount |
|---|---|---|
| RATIO CHRISTI LAFAYETTE, IN | COMMUNITY | $5,000 |
| MAIN STREET CHURCH CHELSEA, MI | COMMUNITY | $15,000 |
| OAKS INTERNATIONAL STURGIS, MI | COMMUNITY | $5,000 |
| 1049 THE RIVER GAHANNA, OH | COMMUNITY | $1,000 |
| BIG HORN MINISTRIES OHIO CITY, CO | COMMUNITY | $25,000 |
| CAMPUS CRUSADE FOR CHRIST ORLANDO, FL | COMMUNITY | $75,000 |
| NAVIGATORS COLORADO SPRINGS, CO | COMMUNITY | $51,600 |
| SAMARITIANS PURSE BOONE, NC | COMMUNITY | $25,000 |
| YOUVERSION EDMOND, OK | COMMUNITY | $1,000 |
| ARBOR WOMAN HEALTH - EMMAUS ANN ARBOR, MI | COMMUNITY | $17,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD C SWORTZEL | DIRECTOR / VP | — | — |
| MARY M SWORTZEL | PRES./SEC./TREAS. | — | — |
| MICHAEL F SWORTZEL | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Eagle Foundation?
New Eagle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. It holds $9.4M in total assets as of 2024.
How large is New Eagle Foundation?
As of 2024, New Eagle Foundation holds $9.4M in total assets with $489K in annual revenue. It awarded 14 grants totaling $468K in 2024.
Where does New Eagle Foundation operate?
New Eagle Foundation has awarded grants in Colorado, Florida, Georgia, Indiana, Michigan, North Carolina, Nebraska, Ohio, Oklahoma, Texas, Wisconsin.
What size grants does New Eagle Foundation award?
In 2024, New Eagle Foundation awarded 14 grants totaling $468K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is New Eagle Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, New Eagle Foundation reported a distributable amount of $461K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is New Eagle Foundation's EIN?
New Eagle Foundation's EIN (Employer Identification Number) is 82-1034415. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in New Eagle 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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