NewCity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $733K in total assets. In 2024, it awarded 24 grants totaling $177K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$733K
-17.5% YoY
Annual Giving
$177K
-13.1% YoY
Grant Count
24
-20.0% YoY
Avg Grant Size
$7K
+8.6% YoY
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.
About NewCity Foundation
Based on IRS filings
NewCity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $733K in total assets. In 2024, it awarded 24 grants totaling $177K. Net investment income was $32K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $732,557 | $887,629 | $1,016,419 |
| Revenue | $37,857 | $91,631 | $66,750 |
| Expenses | $192,929 | $220,421 | $202,822 |
| Qualifying Distributions | $185,730 | $212,674 | $194,617 |
| Net Investment Income | $31,658 | $85,049 | $58,845 |
| Distributable Amount | $41,346 | $43,332 | $52,310 |
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
172 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hopkins School Incorporated ($30,000), The Southport School Inc ($30,000), Hopkins School Incorporated ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACHIEVEMENT FIRST INC NEW HAVEN, CT | General & Unrestricted | $15,000 |
| BOWDOIN COLLEGE BRUNSWICK, ME | General & Unrestricted | $750 |
| CHANGE SUMMER INC NEW YORK, NY | General & Unrestricted | $1,000 |
| CONNECTICUT NEWS PROJECT INC HARTFORD, CT | General & Unrestricted | $1,500 |
| 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 |
| EARTHPLACE THE NATURE DISCOVERY CENTER INC WESTPORT, CT | Special Fund to Feed the Birds of Prey | $1,000 |
| ELM CITY INTERNATIONALS EDUCATIONAL SUCCESS THROUG NEW HAVEN, CT | General & Unrestricted | $4,000 |
| ELM CITY INTERNATIONALS EDUCATIONAL SUCCESS THROUG NEW HAVEN, CT | ECCP team that attended the Nationals and the challenge grant | $2,000 |
| HOPKINS SCHOOL INCORPORATED NEW HAVEN, CT | Performing Arts Center | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Marissa V G Ferguson | Trustee | 1 | — |
| Richard A Ferguson | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is NewCity Foundation?
NewCity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $733K in total assets as of 2024.
How large is NewCity Foundation?
As of 2024, NewCity Foundation holds $733K in total assets with $38K in annual revenue. It awarded 24 grants totaling $177K in 2024.
Where does NewCity Foundation operate?
NewCity Foundation has awarded grants in Connecticut, Massachusetts, Maryland, Maine, New York, Vermont.
What size grants does NewCity Foundation award?
In 2024, NewCity Foundation awarded 24 grants totaling $177K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is NewCity Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, NewCity Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in NewCity 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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