New Economy Coalition Inc logo

New Economy Coalition Inc

Public charity · Grantmaker Boston, MA EIN: 03-0278626 Website

New Economy Coalition Inc is a Form 990 public charity based in Boston, Massachusetts. It is a membership-based national network that says it works to organize its members and support a transition from an extractive economy to a solidarity economy.

New Economy Coalition Inc at a glance

In short: New Economy Coalition Inc gave $357K across 41 grants in 2024 (avg $9K), top state North Carolina. Source: 2024 IRS Form 990.

Annual giving (2024)
$357,138
+236.1% vs 2023
Grants made (2024)
41
+412.5% vs 2023
Average grant
$8,711
-34.4% vs 2023
Median grant
$7,000
Total assets
$2,046,270
-17.2% vs 2023
Primary geography
North Carolina (12% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026.

How to apply to New Economy Coalition Inc

How to Apply

The 2024 filing says grants are made through an application process. The coalition’s website provides application information for the Black Solidarity Economy Fund and describes eligibility criteria for its rapid response fund.

Contact

Mailing address: 68 Harrison Ave 605 Pmb 39935, Boston, MA 02111
Phone: (716) 597-5419
Website: https://neweconomy.net

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who New Economy Coalition Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Project South: $26KProject South$26KNew Economy Project Inc: $25KNew Economy Project Inc$25KFellowship for Intentional Community Inc: $17KFellowship for IntentionalCommunity Inc$17KUS Solidarity Economy Network Inc: $14KUS Solidarity Economy NetworkInc$14KAlliance for Global Justice Inc: $13KAlliance for Global JusticeInc$13KSymbodied LLC: $11KSymbodied LLC$11KPost Growth Institute Inc: $10KPost Growth Institute Inc$10KCleveland Owns Inc: $10KCleveland Owns Inc$10KBeloved Community Incubator Inc: $10KBeloved Community IncubatorInc$10KCroatan Institute Inc: $10KCroatan Institute Inc$10K

The largest 2024 recipient was Project South ($26K). Together the top 10 received $146K.

Grant Size Distribution

122 grants across all recorded years

121<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 121 grants of 122 (99%).

Geographic Focus

Where this funder awards grants

The coalition states that its mission spans communities in every region of the United States. Its 2024 grant dollars went to recipients in multiple states; the largest reported state shares were North Carolina (12%), Georgia (11%), New York (10%), Texas (8%), and the District of Columbia (7%).

Grant Distribution by State

28states

Share of 2024 grant dollars across all 41 itemized grants.

Cities

AtlantaNew OrleansBronxDurhamPhiladelphiaAustinBaltimoreChicagoMadisonNew YorkOaklandRichmondRutledgeWalnutWashingtonWorcesterBillingsCambridgeClevelandDallas

How New Economy Coalition Inc gives

  • Giving held roughly steady from 2021 to 2024 (+14%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400KTotal only2020 24 grants2021 49 grants2022 8 grants2023 41 grants2024

From 2020 to 2024, annual grant giving ranged from $50K (2020) to $392K (2022). In 2024 it made 41 grants totaling $357K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Project South Atlanta, GASupporting Grant$25,750
New Economy Project Inc New York, NYSupporting Grant$25,000
Fellowship for Intentional Community Inc Rutledge, MOSupporting Grant$16,500
US Solidarity Economy Network Inc Belchertown, MASupporting Grant$14,000
Alliance for Global Justice Inc Tucson, AZSupporting Grant$13,250
Symbodied LLC Durham, NCSupporting Grant$11,250
Post Growth Institute Inc Talent, ORSupporting Grant$10,000
Cleveland Owns Inc Cleveland, OHSupporting Grant$10,000
Beloved Community Incubator Inc Washington, DCSupporting Grant$10,000
Croatan Institute Inc Durham, NCSupporting Grant$9,932
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Financial History

Multi-year comparison from IRS filings

The coalition reported 41 grants in 2024, 8 in 2023, and 49 in 2022.

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$2,046,270$2,074,059$2,415,523$357,13841$32,893
2023$2,471,375$2,551,393$2,272,840$106,2478$31,708
2022$2,276,177$2,415,370$2,003,560$391,75549$9,774
2021$1,630,247$2,011,256$1,228,461$313,52524$452
2020$697,774$1,200,947$1,057,127$50,281Total only$93

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The coalition’s stated mission is to support a just transition from an extractive to a regenerative economy by building the scale and power of the solidarity economy movement in Black, Indigenous, and working-class communities in every region of the United States.

Its website describes movement resourcing and regranting as part of its work, including the Black Solidarity Economy Fund and the Regional Relationships Fund. The coalition says its Black Solidarity Economy Fund supports Black-led solidarity economy organizing, with major decisions made collectively by its working group. Its 2024 filing states that grants are disbursed through an application process and that grantees report on the use of funds by email at the end of the grant period.

Examples of supported organizations illustrate the range of work represented among grantees. Project South says its mission is to build the foundation for broad-based social justice movements and strengthen community leadership. New Economy Project describes its work as fostering cooperative and community-led development and challenging systems that fuel inequality and poverty. Cleveland Owns says it launches cooperative businesses and organizes campaigns for community control of resources.

Grantmaking

In filing year 2024, the coalition reported 41 grants totaling $357,138. Grants ranged from $5,500 to $25,750, with a median of $7,000. The largest listed awards included $25,750 to Project South in Atlanta, Georgia; $25,000 to New Economy Project in New York, New York; $16,500 to Fellowship for Intentional Community in Rutledge, Missouri; and $14,000 to US Solidarity Economy Network in Belchertown, Massachusetts. Other listed recipients included Alliance for Global Justice ($13,250), Symbodied ($11,250), Post Growth Institute ($10,000), Cleveland Owns ($10,000), and Beloved Community Incubator ($10,000).

The coalition’s website says the Black Solidarity Economy Fund prioritizes Black-led, Black-serving movement organizations building solidarity economy practices. A page describing its rapid response fund listed eligibility criteria that included coalition membership or prospective membership, an annual organizational budget below $500,000, and an unforeseen area of work due to a crisis. That page said funding was available until December 12, 2025, and that the fund would reopen in 2026; it does not provide a current application cycle or deadline.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Bryana DiFonzo as Organizational Resilience Director, Sharde Nabors as Resource Redistribution Director, and Belen Marco Crispo as Narrative Strategy Director. Listed officers and directors also include co-chairs Marsha Jackson and Yvonne Yen Liu; co-treasurers Hendrix Berry and David Ferris; secretary Mike Strode; and directors Yuki Kidokoro and Stacey Sutton.

New Economy Coalition Inc's 2024 filing lists 16 officers; 6 of 16 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Bryana Difonzo

    Organizational Resilience Director

    Organizational Resilience Director → Organizational Resilience, 2023

    Organizational Resilience → Organizational Resilience Director, 2024

    On filings since 2022

    35 hrs/week

    $51K (2022) → $85K (2024)

  • Emilie Miyuachi

    Director

    On filings since 2023

    1 hr/week

    $7K (2024)

  • Margo Dalal

    Director

    On filings since 2023

    0.5 hrs/week

    $2K (2024)

  • Suparna Kure

    Director

    On filings since 2023

    1 hr/week

    $2K (2024)

  • Belen Marco Crispo

    Narrative Strategy Director

    New on the 2024 filing

    35 hrs/week

    $100K (2024)

  • Libbie Cohn

    Director

    Director → Co-Chair, 2022

    Co-Chair → Director, 2023

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Mekyah Davis

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Stacey Sutton

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Yuki Kidokoro

    Director

    Director → General Circle Representative, 2022

    General Circle Representative → Director, 2024

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Ayushi Vig

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Sharde Nabors

    Resource Redistribution Di

    Resource Redistribution Director → Resource Redistribution Di, 2024

    On filings since 2023

    35 hrs/week

    $103K (2023) → $120K (2024)

  • David Ferris

    Co-Treasurer

    Director → Co-Treasurer, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mike Strode

    Secretary

    Secretary & General Circle Representative → Secretary & General Circle, 2023

    Secretary & General Circle → Secretary, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Hendrix Berry

    Co-Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

  • Marsha Jackson

    Co-Chair

    On filings since 2023

    1 hr/week

    No compensation reported

  • Yvonne Yen Liu

    Co-Chair

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (16)
  • Former: Chris Tittle (2020–2023) — Former Co-Chair
  • Former: Julia Ho (2020–2023) — Former Director
  • Former: Kate Poole (2020–2023) — Former Treasurer
  • Former: Leslie Lindo (2020–2023) — Former Director
  • Former: Renee Hatcher (2020–2023) — Former Director
  • Former: Michelle Mascarenhas (2022–2023) — Former Director
  • Former: Ed Whitfield (2020–2021) — Director
  • Former: Elias Feghali (2020–2021) — Committee Director & Network Organizer
  • Former: Harper Bishop (2020–2021) — Director
  • Former: Hildegarde Hannum (2020–2021) — Director
  • Former: Michelle Mascarenhas-Swan (2020–2021) — Director
  • Former: Aaron Tanaka (2020) — Former Director
  • Former: Anand Jahi (2020) — Co-Executive Director
  • Former: Jordan Estevao (2020) — Former Director
  • Former: Kelly Baker (2020) — Co-Executive Director
  • Former: Shavaun Evans (2020) — Co-Executive Director

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

Sharde Nabors — Resource Redistribution Di: $120KSharde NaborsResource Redistribution Di$120KBelen Marco Crispo — Narrative Strategy Director: $100KBelen Marco CrispoNarrative Strategy Director$100KBryana Difonzo — Organizational Resilience Director: $85KBryana DifonzoOrganizational Resilience…$85KEmilie Miyuachi — Director: $7KEmilie MiyuachiDirector$7KSuparna Kure — Director: $2KSuparna KureDirector$2KMargo Dalal — Director: $2KMargo DalalDirector$2K

The highest reported compensation on the 2024 filing was $120K, to Sharde Nabors (Resource Redistribution Di). 6 officers or directors reported compensation on that filing.

Frequently asked questions about New Economy Coalition Inc

How much does New Economy Coalition Inc give each year?

New Economy Coalition Inc gave $357K across 41 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $106K across 8 grants.

What is New Economy Coalition Inc's typical grant size?

New Economy Coalition Inc's median grant in 2024 was $7,000, and its average grant was $8,711, across 41 grants on its 2024 IRS Form 990.

Where does New Economy Coalition Inc give grants?

New Economy Coalition Inc's top state is North Carolina, with 12% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Georgia (11%) and New York (10%). The most frequent recipient cities were Durham, NC (3 grants), Washington, DC (3 grants), New Orleans, LA (3 grants) and Atlanta, GA (2 grants).

Does New Economy Coalition Inc give general operating support?

Not in 2024: none of the 41 grants with a stated purpose on New Economy Coalition Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Supporting Grant" (41 grants).

Who are New Economy Coalition Inc's largest grantees?

New Economy Coalition Inc's largest 2024 grantees include Project South ($25,750), New Economy Project Inc ($25,000) and Fellowship for Intentional Community Inc ($16,500), according to its 2024 IRS Form 990. Together they received 19% of its itemized 2024 grant dollars.

How large is New Economy Coalition Inc?

New Economy Coalition Inc reported $2.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.1M.

What does New Economy Coalition Inc fund?

The coalition’s stated mission is to support a just transition from an extractive to a regenerative economy by building the scale and power of the solidarity economy movement in Black, Indigenous, and working-class communities in every region of the United States. See mission & focus areas ↑

How do I apply for a grant from New Economy Coalition Inc?

The 2024 filing says grants are made through an application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is New Economy Coalition Inc's EIN?

New Economy Coalition Inc's EIN (Employer Identification Number) is 03-0278626. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS September 28, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 28, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 28, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 2, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS July 28, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). New Economy Coalition Inc funder profile. GrantGraph. Retrieved November 10, 2026, from https://grantable.co/funders/new-economy-coalition-inc-morg_17150e6a29164fa9a70ab3a9df1f4c36

BibTeX
@misc{grantable_030278626_2026,
  author       = {{Grantable}},
  title        = {{New Economy Coalition Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/new-economy-coalition-inc-morg_17150e6a29164fa9a70ab3a9df1f4c36},
  note         = {Accessed 2026-11-10. 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 Economy Coalition 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.

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