New Roads Foundation
New Roads Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $578K in total assets. In 2024, it awarded 1 grants totaling $8K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$578K
+2.9% YoY
Annual Giving
$8K
+275.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$8K
+275.0% YoY
Under IRS private-foundation payout rules, New Roads Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About New Roads Foundation
Based on IRS filings
New Roads Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $578K in total assets. In 2024, it awarded 1 grants totaling $8K. Net investment income was $24K.
Ready to take the next step with New Roads Foundation?
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 | $577,920 | $561,579 | $545,133 |
| Revenue | $23,966 | $18,571 | $1,316 |
| Expenses | $7,625 | $2,125 | $94,350 |
| Qualifying Distributions | $7,500 | $2,000 | $94,250 |
| Net Investment Income | $23,966 | $18,571 | $1,316 |
| Distributable Amount | $27,868 | $26,742 | $30,913 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Colorado Horse Rescue Network ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| COLORADO HORSE RESCUE NETWORK RUSH, CO | GENERAL CHARITIES 501(C)(3) ORGANIZATION | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEIL DIAMOND | TRUSTEE | — | — |
| TODD E GELFAND | TRUSTEE | — | — |
| MARJORIE DIAMOND | TRUSTEE | — | — |
| ELYN DIAMOND | TRUSTEE | — | — |
| JESSE DIAMOND | TRUSTEE | — | — |
| MICAH DIAMOND | TRUSTEE | — | — |
Frequently Asked Questions
How large is New Roads Foundation?
As of 2024, New Roads Foundation holds $578K in total assets with $24K in annual revenue. It awarded 1 grants totaling $8K in 2024.
Where does New Roads Foundation operate?
New Roads Foundation has awarded grants in California, Colorado.
What size grants does New Roads Foundation award?
In 2024, New Roads Foundation awarded 1 grants totaling $8K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is New Roads Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, New Roads Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is New Roads Foundation's EIN?
New Roads Foundation's EIN (Employer Identification Number) is 13-6327069. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in New Roads Foundation'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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