New Horizon Foundation
New Horizon Foundation is a private foundation based in Evanston, Illinois. Its 2025 filing reports 58 grants totaling $2,790,037, including support for charitable organizations in Massachusetts, Illinois, New York, California, and the District of Columbia.
New Horizon Foundation at a glance
In short: New Horizon Foundation gave $2.8M across 58 grants in 2025 (avg $48K), mostly in Massachusetts. 19% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,790,037
- +395.0% vs 2024
- Grants made (2025)
- 58
- -17.1% vs 2024
- Average grant
- $48,104
- +497.4% vs 2024
- Median grant
- $2,500
- Total assets
- $3,218,836
- -34.1% vs 2024
- New grantees (estimate)
- 19% first-time grantees (11 of 57, 2025)
- Primary geography
- Massachusetts (88% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to New Horizon Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2815 Lakeside Court, Evanston, IL 60201
Phone: (847) 328-5330
Website: https://newhorizonsfoundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who New Horizon Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fidelity Investments Charitable Gift Fund ($2.3M across 2 grants). Together the top 10 received $2.7M.
Grant Size Distribution
315 grants across all recorded years
The most common grant size was under $50K: 307 grants of 315 (97%).
Geographic Focus
Where this funder awards grants
In 2025, Massachusetts recipients received 88% of grant dollars, Illinois 6%, New York 2%, and California and the District of Columbia 1% each.
Grant Distribution by State
Share of 2025 grant dollars across all 58 itemized grants.
States
Cities
Is New Horizon Foundation open to new grantees?
19%
first-time grantees, 2025
In 2025, 11 of 57 grantees (19%) were first-time recipients. First grants averaged $224K; repeat grants $7K. How we count
Medians: $3K first-time, $2K repeat.
- 61% of 2025 grantees were also funded in 2024. Method
- Giving grew 769% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $272K (2019) to $2.8M (2025). In 2025 it made 58 grants totaling $2.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund Boston, MA | PC | $2,239,287 |
| Fidelity Investments Charitable Gift Fund Boston, MA | PC | $107,250 |
| Connections for the Homeless Evanston, IL | Housing/Shelter | $100,000 |
| Woods Hole Community Association Woods Hole, MA | Community Improvement | $100,000 |
| International Rescue Committee New York, NY | Human Services/International | $25,000 |
| Impact Behavioral Health Partners Evanston, IL | Human Services/USA | $25,000 |
| Ploughshares Fund San Francisco, CA | Public Affairs | $20,000 |
| Lyric Opera of Chicago Chicago, IL | Arts & Culture | $15,000 |
| Save the Children Fairfield, CT | Human Services/International | $15,000 |
| Greater Chicago Food Depository Chicago, IL | Human Services/USA | $10,000 |
Ready to take the next step with New Horizon Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,218,836 | $90,380 | $2,845,760 | $2,790,037 | 58 | $2,800,416 | $87,494 | $259,391 |
| 2024 | $4,882,702 | $526,755 | $604,987 | $563,630 | 70 | $564,999 | $387,783 | $290,877 |
| 2023 | $4,960,933 | $180,331 | $444,524 | $395,350 | 73 | $400,388 | $145,678 | $280,378 |
| 2022 | $5,226,990 | $534,488 | $358,424 | $321,000 | 54 | $327,547 | $503,611 | $308,067 |
| 2021 | $5,064,469 | $967,797 | $371,291 | $314,200 | 60 | — | $926,949 | $301,087 |
| 2020 | $4,477,884 | $1,041,209 | $305,329 | $273,665 | 68 | — | $1,015,452 | $240,744 |
| 2019 | $3,743,736 | $199,674 | $304,244 | $271,900 | 56 | — | $174,358 | $243,467 |
Under IRS private-foundation payout rules, New Horizon Foundation reported a distributable amount of $259K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is available for this foundation in the supplied information. Its 2025 grants included support for organizations with varied purposes. For example, Connections for the Homeless says it works to end homelessness, and the Woods Hole Community Association says it provides residents with a hall for social, civic, and educational purposes. Other 2025 recipients included the International Rescue Committee, which responds to humanitarian crises; Ploughshares Fund, which works to reduce the threat of nuclear weapons; and Lyric Opera of Chicago, which serves the Chicago region and advances opera.
Grantmaking
In 2025, the foundation made 58 grants totaling $2,790,037. Grant amounts ranged from $500 to $2,239,287, with a median of $2,500. The largest listed grants were $2,239,287 and $107,250 to Fidelity Investments Charitable Gift Fund, and $100,000 each to Connections for the Homeless and Woods Hole Community Association. Other listed awards included $25,000 to the International Rescue Committee, $20,000 to Ploughshares Fund, and $15,000 to Lyric Opera of Chicago.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists William Revelle as president and director; Carolyn Revelle as director and secretary/treasurer; Eleanor Revelle as director; and Ellen Hufbauer as director.
New Horizon Foundation is led by William Revelle, President & Director on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
William Revelle
President & Director
On filings since 2019
0.1 hrs/week
No compensation reported
Carolyn Revelle
Director, Secretary & Treasurer
Director → Director, Secretary & Treasurer, 2020
On filings since 2019
0.1 hrs/week
No compensation reported
Eleanor Revelle
Director
On filings since 2019
0.1 hrs/week
No compensation reported
Ellen Hufbauer
Director
On filings since 2019
0.1 hrs/week
No compensation reported
Former officers (2)
- Former: Mary Paci (2019–2024) — Vice President
- Former: Evelyn C. Bond (2019) — Secretary & Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about New Horizon Foundation
How much does New Horizon Foundation give each year?
New Horizon Foundation gave $2.8M across 58 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $564K across 70 grants.
What is New Horizon Foundation's typical grant size?
New Horizon Foundation's median grant in 2025 was $2,500, and its average grant was $48,104, across 58 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from New Horizon Foundation that year got $224K on average.
Where does New Horizon Foundation give grants?
New Horizon Foundation gives mostly in Massachusetts: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Illinois (6%). The most frequent recipient cities were New York, NY (7 grants), Washington, DC (7 grants), Chicago, IL (6 grants) and Denver, CO (4 grants).
Does New Horizon Foundation give general operating support?
Not in 2025: none of the 58 grants with a stated purpose on New Horizon Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (12 grants), "Arts & Culture" (8 grants) and "Human Services/USA" (6 grants).
Who are New Horizon Foundation's largest grantees?
New Horizon Foundation's largest 2025 grantees include Fidelity Investments Charitable Gift Fund ($2,346,537 across 2 grants), Connections for the Homeless ($100,000) and Woods Hole Community Association ($100,000), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.
How large is New Horizon Foundation?
New Horizon Foundation reported $3.2M in total assets on its 2025 IRS Form 990-PF. It paid out $2.8M in qualifying distributions that year, against a required minimum of $259K (roughly 5% of its investment assets).
What does New Horizon Foundation fund?
No mission statement is available for this foundation in the supplied information. Its 2025 grants included support for organizations with varied purposes. See mission & focus areas ↑
How do I apply for a grant from New Horizon Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is New Horizon Foundation's EIN?
New Horizon Foundation's EIN (Employer Identification Number) is 36-3406294. IRS Form 990 filing data is available on this page for 2019–2025.
Does New Horizon Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 10, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 10, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 24, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in New Horizon Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). New Horizon Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/new-horizon-foundation-morg_7ba0ec21d9684a8c95b298da92201a4e
BibTeX
@misc{grantable_363406294_2026,
author = {{Grantable}},
title = {{New Horizon Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/new-horizon-foundation-morg_7ba0ec21d9684a8c95b298da92201a4e},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from New Horizon Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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