New Economy Coalition Inc
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.
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
Ready to take the next step with New Economy Coalition Inc?
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
Share of 2024 grant dollars across all 41 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2024 recipient was Project South ($26K). Together the top 10 received $146K.
Grant Size Distribution
122 grants across all recorded years
The most common grant size was under $50K: 121 grants of 122 (99%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Project South Atlanta, GA | Supporting Grant | $25,750 |
| New Economy Project Inc New York, NY | Supporting Grant | $25,000 |
| Fellowship for Intentional Community Inc Rutledge, MO | Supporting Grant | $16,500 |
| US Solidarity Economy Network Inc Belchertown, MA | Supporting Grant | $14,000 |
| Alliance for Global Justice Inc Tucson, AZ | Supporting Grant | $13,250 |
| Symbodied LLC Durham, NC | Supporting Grant | $11,250 |
| Post Growth Institute Inc Talent, OR | Supporting Grant | $10,000 |
| Cleveland Owns Inc Cleveland, OH | Supporting Grant | $10,000 |
| Beloved Community Incubator Inc Washington, DC | Supporting Grant | $10,000 |
| Croatan Institute Inc Durham, NC | Supporting 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 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- 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
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.
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