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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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