New Frontiers Foundation is a private foundation established in 1996 and based in Northbrook, Illinois. The foundation operates as a company-sponsored foundation with a focus on improving the lives of underprivileged youth through education and social development programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$2.7M
+2221.4% YoY
Grant Count
12
-42.9% YoY
Avg Grant Size
$224K
+3962.4% YoY
Mission & Focus Areas
The foundation supports programs designed to improve the lives of underprivileged youth through education and social development.
Grantmaking
New Frontiers Foundation is an active grantmaker that accepts applications. Key grantmaking characteristics include:
Grant Range
**: $1,000 to $15,000
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Geographic Focus
Where this funder awards grants
The foundation restricts its grantmaking to Illinois organizations and programs.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $2.69 million
- Total Liabilities: $0
- Annual Revenue: $43,500
- Annual Expenses: $128,000
- Tax-Exempt Status: 501(c)(3), tax-exempt since February 1997
- EIN: 36-4112843
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include National Philanthropic Trust ($2,542,800), Highsight ($20,000), Horizons for Youth ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS HOPE GIRLS HOPE OF IL WILMETTE, IL | GENERAL FUND | $5,000 |
| CHICAGO JESUIT ACADEMY CHICAGO, IL | GENERAL FUND | $15,000 |
| DANIEL MURPHY SCHOLARSHIP FUND CHICAGO, IL | GENERAL FUND | $10,000 |
| FORA CHICAGO, IL | GENERAL FUND | $15,000 |
| HFS CHICAGO SCHOLARS CHICAGO, IL | GENERAL FUND | $10,000 |
| HIGH JUMP CHICAGO, IL | GENERAL FUND | $15,000 |
| HIGHSIGHT CHICAGO, IL | GENERAL FUND | $20,000 |
| HORIZONS FOR YOUTH CHICAGO, IL | GENERAL FUND | $20,000 |
| MADONNA MISSION CHICAGO, IL | GENERAL FUND | $20,000 |
| ONE MILLION DEGREES CHICAGO, IL | GENERAL FUND | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
David Collier King is listed as a principal officer associated with a related New Frontier entity.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM D FORSYTH III | PRESIDENT/SECRETARY | 1 | — |
| ARNOLD M BERLIN | DIRECTOR | 1 | — |
Contact Information
- Address: 400 Skokie Boulevard, Suite 500, Northbrook, IL 60062-7905
- Website: www.frontierpartners.com/found
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does New Frontiers Foundation fund?
The foundation supports programs designed to improve the lives of underprivileged youth through education and social development.
How do I apply for a grant from New Frontiers Foundation?
New Frontiers Foundation is an active grantmaker that accepts applications. Key grantmaking characteristics include: • **Annual Giving**: Approximately $116,000 annually • **Number of Grants**: Awards approximately 21 grants per year • **Grant Range**: $1,000 to $15,000 • **Median Grant Size**: $5,000 • **Application Policy**: Open to applications • **Geographic Restriction**: In-state only (Illinois) • **Giving Rate**: 4.3% of assets
Where does New Frontiers Foundation make grants?
The foundation restricts its grantmaking to Illinois organizations and programs.
What size grants does New Frontiers Foundation award?
In 2024, New Frontiers Foundation awarded 12 grants totaling $2.7M — an average of about $224K per grant, based on its IRS Form 990 filings.
What is New Frontiers Foundation's EIN?
New Frontiers Foundation's EIN (Employer Identification Number) is 36-4112843. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in New Frontiers Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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