New Economy Coalition Inc logo

New Economy Coalition Inc

Grantmaker Boston, MA EIN: 03-0278626 Website

New Economy Coalition Inc is a Boston-based public charity and membership network of more than 200 organizations working to build solidarity economies in the United States. It supports a just transition from an extractive to a regenerative economy, including by connecting member organizations, sharing skills and tools, and resourcing grassroots groups.

Key facts about New Economy Coalition Inc

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

EIN
03-0278626
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$357,138
Grants made (2024)
41
Average grant
$8,711
Median grant
$7,000
Total assets
$2,046,270
Primary geography
North Carolina (12% of itemized 2024 grant dollars)
How to apply
NEC’s filing describes an application process for grants. Full details ↓

Data from IRS Form 990 filing, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$2.0M

-17.2% YoY

Annual Giving

$357K

+236.1% YoY

Grant Count

41

+412.5% YoY

Avg Grant Size

$9K

-34.4% YoY

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.

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

Mission & Focus Areas

NEC’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 work includes connecting member organizations across issues and movements, providing trainings and tools based on member feedback, resourcing grassroots groups, and convening people for skill-building and collaboration.

NEC’s regranting work includes the Black Solidarity Economy Fund, which supports Black-led solidarity economy organizing, and the Regional Relationships Fund, which supports relationship-building for regional organizing. NEC also describes a Youth & Frontline Regranting Program for youth-led and student-led projects, with focus areas including climate change mitigation, racial justice, prison divestment and criminal justice reform, and building local solidarity economies.

The 2024 grantees included organizations working on community organizing, cooperative and community-led development, intentional communities, and economic democracy. For example, Project South describes its mission as strengthening leadership for community organizing on economic, racial, and social justice frontlines. New Economy Project says it works with community groups to foster cooperative and community-led development and challenge systems that fuel inequality and poverty. Cleveland Owns describes itself as an economic democracy incubator that launches cooperative businesses and organizes campaigns for community control of resources.

Grantmaking

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

How to Apply

and that grantees report on use of funds by email at the end of the grant period.

Open Grants

1 open opportunity from New Economy Coalition Inc

Your AI grants department

Ready to take the next step with New Economy Coalition Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

NEC describes its movement-building work as national in scope, with a mission focused on communities in every U.S. region. Its 2024 grants went to recipients in multiple states. The largest shares of grant dollars by recipient state 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

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2020 24 grants2021 49 grants2022 8 grants2023 41 grants2024

From 2021 to 2024, annual grant giving ranged from $106K (2023) to $392K (2022). In 2024 it made 41 grants totaling $357K.

Grant Insights

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%).

Giving History

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

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $2,046,270 $2,074,059 $2,415,523 $357,138
2023 $2,471,375 $2,551,393 $2,272,840 $106,247
2022 $2,276,177 $2,415,370 $2,003,560 $391,755
Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,046,270$2,471,375$2,276,177
Revenue$2,074,059$2,551,393$2,415,370
Expenses$2,415,523$2,272,840$2,003,560
Net Investment Income$32,893$31,708$9,774

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

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

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.

Contact

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

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 filing. 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 filing.

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 filing. 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 filing 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 filing. 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 filing. Its revenue that year was $2.1M.

What does New Economy Coalition Inc fund?

NEC’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?

NEC’s filing describes an application process for grants. 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 September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching New Economy Coalition Inc by hand.

Explore Open Grants

Browse active grant opportunities in New Economy Coalition Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Common Counsel Foundation

Oakland, CA

Common Counsel Foundation funds social justice movements, especially community-led organizing, movement building, leadership development, and structural change, with most support as general operating grants. Its 2024 grants had a median of $30,000; open programs include grants of $10,000–$30,000 for Native-led groups and typical $1,000 rapid-response grants, with funding nationally and a separate California-focused program. The profile does not state whether it accepts unsolicited requests.

Community Improvement & Capacity Building

Assets

$67.5M

Grants

621

Total Given

$101.2M

Solutions Project Inc

Los Angeles, CA

Solutions Project Inc funds grassroots climate justice organizations led by Black, Indigenous, immigrant, women, and other people of color, supporting work such as clean energy, safe water, affordable housing, and green jobs across the United States and Puerto Rico. Its 2024 grants ranged from $8,000 to $100,000, with a median of $30,000. Its grantmaking is described as invitation-based; the profile does not state whether it accepts unsolicited requests.

Environment & Animals

Assets

$28.8M

Grants

146

Total Given

$5.0M

RSF Social Finance Inc

San Francisco, CA

RSF Social Finance funds organizations and projects advancing social and environmental change, especially in food and agriculture, climate and energy, education, and community impact. Its 2024 grants had a median of $25,000, with awards ranging from $5,250 to $5.52 million; recipients were primarily in California, Maryland, New York, Georgia, and Pennsylvania. The profile does not state whether RSF accepts unsolicited requests.

Social Science

Assets

$108.4M

Grants

457

Total Given

$48.2M

Silicon Valley Community Foundation

Mountain View, CA

Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.

Philanthropy, Voluntarism & Grantmaking

Assets

$12.3B

Grants

3,576

Total Given

$3.2B

Boston Foundation Inc

Boston, MA

The Boston Foundation funds equity-focused work in child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer awards from up to $15,000 to $50,000; it accepts applications through some competitive initiatives, but whether it accepts unsolicited requests generally is not stated.

Assets

$2.1B

Grants

2,375

Total Given

$228.4M

Eastern Bank Foundation

Wakefield, MA

Eastern Bank Foundation funds systemic efforts to advance economic inclusion and mobility, including small-business equity, early childhood development, affordable housing, and workforce development. Its programs range from $1,000–$10,000 for Community Donations, up to $15,000 for CITC Grants, and $50,000–$150,000 for Impact Grants; it supports organizations primarily in Massachusetts, New Hampshire, and Rhode Island. The foundation accepts online applications, with no specific submission deadlines stated.

Assets

$266.7M

Grants

1,786

Total Given

$19.0M

Barr Foundation

Boston, MA

Barr Foundation funds arts and creativity, climate, education, and related initiatives, primarily supporting organizations and leaders in New England. Its 2024 grants ranged from $100 to $3.275 million, with a median of $80,000. It welcomes inquiries through program pages and occasionally issues open requests for proposals; most grants go to returning partners.

Assets

$1.9B

Grants

903

Total Given

$123.2M

Liberty Mutual Foundation Inc

Boston, MA

Liberty Mutual Foundation funds nonprofits working on basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, primarily in the Boston area, with grants also made in other states. Its 2024 grants had a median of $35,000 and ranged from $2,500 to $11 million; it accepts online applications on a rolling basis, with no stated deadlines.

Philanthropy, Voluntarism & Grantmaking

Assets

$46.1M

Grants

706

Total Given

$50.6M

Cummings Foundation Grants Inc (Fka Oneworld Boston Inc)

Woburn, MA

The foundation supports nonprofits focused on human services, education, healthcare, fairness and justice, and environmental causes, primarily in greater Boston and eastern Massachusetts, with limited support for Rwanda’s recovery. Its 2024 grants ranged from $1,000 to $3.5 million, with a median of $35,000; it accepts letters of inquiry through an online portal for its local grant program.

Philanthropy, Voluntarism & Grantmaking

Assets

$258.2M

Grants

658

Total Given

$38.2M

American Tower Corporation Foundation

Boston, MA

Philanthropy, Voluntarism & Grantmaking

Assets

$15.4M

Grants

632

Total Given

$1.7M

Good Sports Inc

Braintree, MA

Good Sports provides free sports equipment, footwear, and apparel to established schools and community organizations running ongoing youth sports and physical-activity programs in high-need communities; it serves all 50 states and Puerto Rico. In 2025, grants ranged from $5,004 to $229,133, with a median of $12,781. Youth programs and schools can apply through its community-organization application process.

Assets

$13.8M

Grants

619

Total Given

$11.2M

More Funders in Massachusetts

New Economy Coalition Inc down — hundreds of funders to go?

Want AI to do this for you?