New Mighty Foundation

WASHINGTON, DC EIN: 20-4282979

New Mighty Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.9M in total assets. Net investment income was $1.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$29.9M

-6.8% YoY

Revenue

$1.1M

+1.7% YoY

Net Investment Income

$1.0M

+2.3% YoY

Expenses

$3.2M

-57.1% YoY

About New Mighty Foundation

Based on IRS filings

New Mighty Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.9M in total assets. Net investment income was $1.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Baton RougeHillsideVictoria

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$13M$20M$26M20202021202220232024
Metric202420232022
Total Assets$29,910,436$32,082,535$38,586,323
Revenue$1,067,582$1,049,629$24,090,146
Expenses$3,239,681$7,553,417$9,028,206
Qualifying Distributions
Net Investment Income$1,040,286$1,017,093$220,025
Distributable Amount$1,509,239$1,726,083$1,065,975

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M3 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
William H WongDirector-President
Wilfred WangDirector
Susan R H WangDirector-Secretary Treasurer
Sandy R Y WangDirector

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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