New Horizon Foundation

Foundation · Grantmaker 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.

Key facts about New Horizon Foundation

EIN: 36-3406294
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $2,790,037
Grants made (2025): 58
Average grant: $48,104
Median grant: $2,500
Primary geography: Massachusetts (88% of itemized 2025 grant dollars)
How to apply: According to available records, the foundation only makes contributions to preselected charitable organizations.

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who New Horizon Foundation funds

By grant dollars, the top recipient states for New Horizon Foundation's 58 itemized 2025 grants were Massachusetts (88%) and 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). None of its 58 grants with a stated purpose were described as general or operating support. Recurring purposes include "Education" (12 grants), "Arts & Culture" (8 grants) and "Human Services/USA" (6 grants).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$2.8M

+395.0% YoY

Grant Count

-17.1% YoY

Avg Grant Size

$48K

+497.4% YoY

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

Massachusetts $2.5M (88%)

Illinois $171K (6%)

New York $53K (2%)

California $35K (1%)

District of Columbia $19K (1%)

All other $61K (2%)

Share of all 58 itemized 2025 grant dollars.

States

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

Cities

New YorkChicagoWashingtonBostonDenverSan FranciscoBerkeleyEvanstonSan RafaelCambridgeAtlantaLa JollaAlexandriaFairfieldMontgomerySaint PaulSausalitoNorthfieldPhiladelphiaEugene

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	2025	2024	2023
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 2025

Grant Size Distribution

315 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Fidelity Investments Charitable Gift Fund ($2,346,537 across 2 grants), Connections for the Homeless ($100,000), Woods Hole Community Association ($100,000).

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

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 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
WILLIAM REVELLE	PRESIDENT, DIRECTOR	0.13	—
CAROLYN REVELLE	DIRECTOR	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.