New Horizon Foundation

EVANSTON, IL EIN: 36-3406294 Website

New Horizon Foundation is a private grantmaking foundation located in Evanston, Illinois. Established in 1986, it operates as a non-operating foundation with a focus on supporting charitable organizations across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.9M

-1.6% YoY

Annual Giving

$564K

+42.6% YoY

Grant Count

-4.1% YoY

Avg Grant Size

$8K

+48.7% YoY

Under IRS private-foundation payout rules, New Horizon Foundation reported a distributable amount of $291K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation encourages interest and fosters education in the arts and sciences while supporting human rights, social welfare, and global security initiatives.

Primary funding areas include:

Education
Human services (domestic and international)
Arts & culture
Environment
Public affairs
Community service
Youth organizations

Grantmaking

According to available records, the foundation only makes contributions to preselected charitable organizations.

Grant Range

$3,000

Average Grant

award: $5,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation distributes funding across multiple states, with primary focus in:

Illinois
California
New York
Massachusetts
District of Columbia

The foundation has supported 103 unique organizations.

Grant Distribution by State

Illinois $382K (27%)

New York $316K (22%)

Massachusetts $218K (15%)

California $189K (13%)

District of Columbia $107K (7%)

Virginia $56K (4%)

Connecticut $45K (3%)

Oregon $40K (3%)

+10 more states

States

Alabama Arkansas California Colorado Connecticut District of Columbia Georgia Illinois Massachusetts Michigan Minnesota Montana New York Oregon Pennsylvania South Carolina Texas Virginia

Cities

AlexandriaAnnandaleonhudsonArdmoreAtlantaAuroraAustinBerkeleyBostonBrooklynBroomfieldCambridgeCharlestonChicagoConcordDennisDenverEast LansingEugeneEvanstonFairfield

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending August 2024:

Total assets: $4,882,702
Total revenues: $526,755
Total expenses: $604,987
Number of employees: 0

Revenue Breakdown (FY 2024):

Grants and contributions: $106,396
Investment income and dividends: $149,736

Historical Growth:

Total assets grew from $1.3 million in 2010 to $5 million in 2022
Annual giving increased from $274,000 in 2020 to $395,000 in 2023

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,882,702	$4,960,933	$5,226,990
Revenue	$526,755	$180,331	$534,488
Expenses	$604,987	$444,524	$358,424
Qualifying Distributions	$564,999	$400,388	$327,547
Net Investment Income	$387,783	$145,678	$503,611
Distributable Amount	$290,877	$280,378	$308,067

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

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Doctors Without Borders ($20,500), Partners in Health ($18,000), International Rescue Committee ($17,000).

Recipient	Purpose	Amount
ACLU Foundation New York, NY	Public Affairs	$3,500
AFS - USA New York, NY	Education	$5,000
American Friends Service Committee Philadelphia, PA	Human Services/International	$2,500
Art Institute of Chicago Chicago, IL	Arts & Culture	$6,000
College Possible Saint Paul, MN	Education	$3,000
Doctors Without Borders New York, NY	Human Services/International	$20,500
Environmental Defense Fund New York, NY	Environment	$11,000
Evanston Community Foundation Evanston, IL	Human Services/USA	$10,000
FINCA International Inc Washington, DC	Human Services/International	$1,000
Grameen Foundation USA Washington, DC	Human Services/USA	$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

Principal Officer: William & Eleanor Revelle

The foundation is governed by 5 officers and trustees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM REVELLE	PRESIDENT, DIRECTOR	0.13	—
CAROLYN REVELLE	DIRECTOR	0.13	—
MARY PACI	VICE PRESIDENT	0.13	—
CAROLYN REVELLE	SECRETARY/TREASURER	0.13	—
ELEANOR REVELLE	DIRECTOR	0.13	—
ELLEN HUFBAUER	DIRECTOR	0.13	—

Contact Information

Address: 2815 Lakeside Court, Evanston, IL 60201
Phone: (847) 328-5330
Website: www.newhorizonfoundation.org
EIN: 36-3406294

Frequently Asked Questions

What does New Horizon Foundation fund?

The foundation encourages interest and fosters education in the arts and sciences while supporting human rights, social welfare, and global security initiatives. Primary funding areas include: • Education • Human services (domestic and international) • Arts & culture • Environment • Public affairs • Community service • Youth organizations

How do I apply for a grant from New Horizon Foundation?

**Grant Activity:** • Made 68 grants in fiscal year 2024 • Historical grant-making: 195 grants totaling approximately $990,000 across available records • Median grant size: $3,000 • Average grant award: $5,000 • Grant range: $250 to $35,000 **Recent Grants (2024):** • Connections for the Homeless: $52,000 (Housing/shelter) • Black Pine Circle School: $50,000 (Education) • Sausalito Foundation: $50,000 (Nature Preservation) **Application Process:** According to available records, the foundation …

Where does New Horizon Foundation make grants?

The foundation distributes funding across multiple states, with primary focus in: • Illinois • California • New York • Massachusetts • District of Columbia The foundation has supported 103 unique organizations.

What size grants does New Horizon Foundation award?

In 2024, New Horizon Foundation awarded 70 grants totaling $564K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is New Horizon Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, New Horizon Foundation reported a distributable amount of $291K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.