NewCity Foundation
NewCity Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filing reports $177,250 in grants to 24 organizations, with most grant dollars going to Connecticut recipients.
NewCity Foundation at a glance
In short: NewCity Foundation gave $177K across 24 grants in 2024 (avg $7K), mostly in Connecticut. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $177,250
- -13.1% vs 2023
- Grants made (2024)
- 24
- -20.0% vs 2023
- Average grant
- $7,385
- +8.6% vs 2023
- Median grant
- $4,500
- Total assets
- $732,557
- -17.5% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 14, 2024; small sample)
- Primary geography
- Connecticut (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to NewCity Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who NewCity Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hopkins School Incorporated ($75K across 4 grants). Together the top 10 received $176K.
Grant Size Distribution
172 grants across all recorded years
The most common grant size was under $50K: 171 grants of 172 (99%).
Geographic Focus
Where this funder awards grants
In 2024, 99% of grant dollars went to recipients in Connecticut, 1% to recipients in New York, and less than 1% to recipients in Maine.
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
Cities
Is NewCity Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 14 grantees (0%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. How we count
- 93% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−17%). Method
- In 2024 it paid out 449% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $177K (2024) to $213K (2021). In 2024 it made 24 grants totaling $177K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hopkins School Incorporated New Haven, CT | Performing Arts Center | $30,000 |
| The Southport School Inc Southport, CT | Annual Fund | $30,000 |
| Hopkins School Incorporated New Haven, CT | the Hopkins Annual Fund | $20,000 |
| Hopkins School Incorporated New Haven, CT | Performing Arts Center | $20,000 |
| Achievement First Inc New Haven, CT | General & Unrestricted | $15,000 |
| Earthplace the Nature Discovery Center Inc Westport, CT | General & Unrestricted | $10,000 |
| Earthplace the Nature Discovery Center Inc Westport, CT | Annual Payment on Capital Campaign Pledge | $10,000 |
| Hopkins School Incorporated New Haven, CT | The Hopkins Fund | $5,000 |
| Leadership Education and Athletics in Partnership New Haven, CT | General & Unrestricted | $5,000 |
| Sacred Heart University Fairfield, CT | Scholarship Fund | $5,000 |
Ready to take the next step with NewCity 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $732,557 | $37,857 | $192,929 | $177,250 | 24 | $185,730 | $31,658 | $41,346 |
| 2023 | $887,629 | $91,631 | $220,421 | $203,925 | 30 | $212,674 | $85,049 | $43,332 |
| 2022 | $1,016,419 | $66,750 | $202,822 | $185,175 | 33 | $194,617 | $58,845 | $52,310 |
| 2021 | $1,152,491 | $37,850 | $232,897 | $213,375 | 42 | $223,394 | $30,554 | $62,351 |
| 2020 | $1,347,538 | $48,546 | $196,229 | $177,500 | 43 | — | $40,561 | $62,420 |
Under IRS private-foundation payout rules, NewCity Foundation reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In filing year 2024, the foundation reported 24 grants totaling $177,250. Grant amounts ranged from $250 to $30,000, with a median grant of $4,500.
Among its largest 2024 grants, the foundation gave $30,000 to The Southport School for its Annual Fund and $30,000 to Hopkins School for its Performing Arts Center. Hopkins School also received separate grants of $20,000 for its Annual Fund, $20,000 for its Performing Arts Center, and $5,000 for The Hopkins Fund. Other reported grants included $15,000 to Achievement First for general and unrestricted purposes; two grants of $10,000 to Earthplace, one for general and unrestricted purposes and one as an annual payment on a capital campaign pledge; and $5,000 each to Leadership, Education, and Athletics in Partnership for general and unrestricted purposes and to Sacred Heart University for a scholarship fund and general and unrestricted purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s 2024 filing lists Marissa V G Ferguson and Richard A Ferguson as trustees.
NewCity Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Marissa V G Ferguson
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard A Ferguson
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 NewCity Foundation
How much does NewCity Foundation give each year?
NewCity Foundation gave $177K across 24 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $204K across 30 grants.
What is NewCity Foundation's typical grant size?
NewCity Foundation's median grant in 2024 was $4,500, and its average grant was $7,385, across 24 grants on its 2024 IRS Form 990-PF.
Where does NewCity Foundation give grants?
NewCity Foundation gives mostly in Connecticut: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New Haven, CT (8 grants), Southport, CT (3 grants), Westport, CT (3 grants) and Fairfield, CT (3 grants).
Does NewCity Foundation give general operating support?
Yes: 58% of NewCity Foundation's 2024 grants with a stated purpose (14 of 24) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are NewCity Foundation's largest grantees?
NewCity Foundation's largest 2024 grantees include Hopkins School Incorporated ($75,000 across 4 grants), The Southport School Inc ($38,000 across 3 grants) and Earthplace the Nature Discovery Center Inc ($21,000 across 3 grants), according to its 2024 IRS Form 990-PF. Together they received 76% of its itemized 2024 grant dollars.
How large is NewCity Foundation?
NewCity Foundation reported $733K in total assets on its 2024 IRS Form 990-PF. It paid out $186K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets).
How do I apply for a grant from NewCity Foundation?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is NewCity Foundation's EIN?
NewCity Foundation's EIN (Employer Identification Number) is 06-1475198. IRS Form 990 filing data is available on this page for 2020–2024.
Does NewCity Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work NewCity Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in NewCity Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Young Mens Christian Association of Westport/Weston CT Inc
Westport, CT
The Bedford Family Social Responsibility Fund supports 501(c)(3) nonprofits providing educational and enrichment opportunities for children and young adults, especially those facing barriers to access. Awards generally range from $2,500 to $20,000 and support programs serving Westport, Weston, Bridgeport, Fairfield, Norwalk, and Wilton. It accepts applications through an online form.
Assets
$70.0M
Grants
24
Total Given
$271K
Seedlings Foundation
Branford, CT
The foundation funds programs supporting children’s and families’ physical and mental health, education, journalism, and civic engagement, with most 2024 grant dollars going to Connecticut and additional giving in D.C., New York, Illinois, and California. Its 2024 grants ranged from $5,000 to $1.72 million, with a median of $122,500. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$215.4M
Grants
88
Total Given
$22.6M
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
Newalliance Foundation Inc
New Haven, CT
NewAlliance Foundation supports literacy, arts, community development, health and human services, and youth and education, with an emphasis on strengthening communities and addressing poverty and racism; its grants primarily serve communities in Connecticut, including New Haven and other areas in its service region. In 2025, grants ranged from $50 to $25,000, with a median of $5,000. Its website provides application guidelines and an electronic application, so unsolicited requests are accepted from eligible applicants.
Assets
$35.6M
Grants
156
Total Given
$1.1M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Connecticut Humanities Council Inc
Middletown, CT
Connecticut Humanities supports public humanities programs and exhibits, educational resources, and capacity building for cultural organizations and other eligible groups in Connecticut. Its 2025 grants ranged from $5,652 to $100,000, with a median of $20,000; it accepts applications through its online grant portal, though the profile does not state whether unsolicited requests are accepted.
Assets
$2.8M
Grants
40
Total Given
$1.1M
More similar funders
More Funders in Delaware
Cite this profile
Grantable. (2026). NewCity Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/newcity-foundation-morg_7e8ab6e7bbe04630b062dd495c84f1f7
BibTeX
@misc{grantable_061475198_2026,
author = {{Grantable}},
title = {{NewCity Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/newcity-foundation-morg_7e8ab6e7bbe04630b062dd495c84f1f7},
note = {Accessed 2026-10-16. 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 NewCity 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.
NewCity Foundation down — hundreds of funders to go?