New Place Fund Inc
New Place Fund Inc is a private foundation, based in BERKELEY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 17 grants totaling $77K. Net investment income was $56K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+2.7% YoY
Annual Giving
$77K
-14.0% YoY
Grant Count
17
-10.5% YoY
Avg Grant Size
$5K
-3.9% YoY
Under IRS private-foundation payout rules, New Place Fund Inc reported a distributable amount of $66K for 2024 — the minimum it must pay out in qualifying distributions.
About New Place Fund Inc
Based on IRS filings
New Place Fund Inc is a private foundation, based in BERKELEY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 17 grants totaling $77K. Net investment income was $56K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,332,029 | $1,297,605 | $1,236,290 |
| Revenue | $75,598 | $73,506 | $48,745 |
| Expenses | $101,070 | $108,445 | $97,077 |
| Qualifying Distributions | $81,700 | $92,800 | $76,700 |
| Net Investment Income | $56,228 | $57,861 | $28,368 |
| Distributable Amount | $65,598 | $70,759 | $68,466 |
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
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pegasus Project ($12,000), Abundant Earth Foundation ($7,500), Concert Career Pathways ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Concert Career Pathways Oakland, CA | Operations | $5,000 |
| Omnidawn Publishing Incorporated Richmond, CA | Operations | $3,000 |
| Abundant Earth Foundation Mckinleyville, CA | operations | $7,500 |
| Diaspora Arts Connection Inc Pleasant Hill, CA | operations | $3,000 |
| Pegasus Project Yakima, WA | Operations | $12,000 |
| Windhorse Legacy ProjectWindhorse G Boulder, CO | operations | $4,000 |
| Berkeley Society Preservation Trad Berkeley, CA | Operations | $4,000 |
| Cinnamon Girl Oakland, CA | Operations | $3,500 |
| Essential Information Inc Washington, DC | Operations | $4,000 |
| Grassroots Aid Partnership Inc Ashville, NC | Operatoins | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Andre Carothers | President | 0.5 | — |
| Nicholas I Morgan | Treasurer | 0.5 | — |
| John Sellers | Director | 0.5 | — |
Frequently Asked Questions
How large is New Place Fund Inc?
As of 2024, New Place Fund Inc holds $1.3M in total assets with $76K in annual revenue. It awarded 17 grants totaling $77K in 2024.
Where does New Place Fund Inc operate?
New Place Fund Inc has awarded grants in Arizona, California, Colorado, District of Columbia, Florida, Hawaii, Idaho, Illinois, Massachusetts, Maine, Montana, North Carolina, New York, Ohio, Oregon, Texas, Washington.
What size grants does New Place Fund Inc award?
In 2024, New Place Fund Inc awarded 17 grants totaling $77K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is New Place Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, New Place Fund Inc reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is New Place Fund Inc's EIN?
New Place Fund Inc's EIN (Employer Identification Number) is 52-1698396. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in New Place Fund Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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