Newco Foundation

Private foundation · Grantmaker Santa Rosa Valley, CA EIN: 81-5427164

Newco Foundation is a private foundation focused on Youth Development, based in Santa Rosa Valley, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $8.7M in total assets. In 2025, it awarded 8 grants totaling $286K. Net investment income was $222K.

Key facts about Newco Foundation

In short: Newco Foundation gave $286K across 8 grants in 2025 (avg $36K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
81-5427164
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$285,704
Grants made (2025)
8
Average grant
$35,713
Median grant
$12,500
Total assets
$8,739,833
Primary geography
California (96% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.7M

-4.7% YoY

Annual Giving

$286K

+31.1% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$36K

+14.7% YoY

How Newco Foundation gives

  • Giving grew 188% from 2022 to 2025. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

CamarilloOxnardRochesterAnaheimBostonGoletaSanta RosaVenturaWestlake VillageNorthridgeSanta CruzScottsdaleThousand Oaks

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M39 grants2019 9 grants2020 5 grants2021 7 grants2022 6 grants2023 7 grants2024 8 grants2025

From 2019 to 2025, annual grant giving ranged from $58K (2020) to $834K (2023). In 2025 it made 8 grants totaling $286K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Ventura County Community Foundation Scholarship Fund: $165KVentura County CommunityFoundation Scholarship Fund$165KKclu: $50KKclu$50KThe Miracle League of the 805: $31K across 2 grantsThe Miracle League of the 805$31K · 2 grantsBoys and Girls Club of Camarillo: $15KBoys and Girls Club ofCamarillo$15KCalifornia Transcribers and Educators for the Blind and Visually Impaired: $10KCalifornia Transcribers andEducators for the Blind and…$10KNational Braille Association: $10KNational Braille Association$10KEyeshine: $5KEyeshine$5K

The largest 2025 recipient was Ventura County Community Foundation Scholarship Fund ($165K). Together the top 7 received $286K.

Grant Size Distribution

33 grants across all recorded years

28<$50K1$50–100K3$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 28 grants of 33 (85%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ventura County Community Foundation Scholarship Fund Camarillo, CADonation.$164,679
Kclu Thousand Oaks, CADonation.$50,000
The Miracle League of the 805 Camarillo, CADonation.$30,025
Boys and Girls Club of Camarillo Camarillo, CA2025 Boys and Girls Club Gala.$15,000
California Transcribers and Educators for the Blind and Visually Impaired Anaheim, CA2025 Ctebvi Conference Sponsorship.$10,000
National Braille Association Rochester, NY2025 NBA Professional Development Conference Sponsorship.$10,000
Eyeshine Goleta, CAGRANT.$5,000
The Miracle League of the 805 Camarillo, CADonation.$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$8,739,833$9,170,864$8,028,288
Revenue$403,161$1,790,171$979,341
Expenses$842,085$649,477$1,223,122
Qualifying Distributions$852,085$649,477$1,223,122
Net Investment Income$222,395$239,026$140,164

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS July 9, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 14, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 4, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 28, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)

Leadership & Key People

Officers and directors from IRS filings

Newco Foundation is led by David Gross, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David Gross

    President

    On filings since 2019

    28 hrs/week

    No compensation reported

  • Dawn Gross

    Secretary

    On filings since 2019

    4 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Newco Foundation

How much does Newco Foundation give each year?

Newco Foundation gave $286K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $218K across 7 grants.

What is Newco Foundation's typical grant size?

Newco Foundation's median grant in 2025 was $12,500, and its average grant was $35,713, across 8 grants on its 2025 IRS Form 990-PF.

Where does Newco Foundation give grants?

Newco Foundation gives mostly in California: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Camarillo, CA (4 grants).

Does Newco Foundation give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on Newco Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation." (4 grants).

Who are Newco Foundation's largest grantees?

Newco Foundation's largest 2025 grantees include Ventura County Community Foundation Scholarship Fund ($164,679), Kclu ($50,000) and The Miracle League of the 805 ($31,025 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.

How large is Newco Foundation?

Newco Foundation reported $8.7M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $403K.

What is Newco Foundation?

Newco Foundation is a private foundation focused on Youth Development, based in Santa Rosa Valley, CA. It holds $8.7M in total assets as of 2025.

What is Newco Foundation's EIN?

Newco Foundation's EIN (Employer Identification Number) is 81-5427164. IRS Form 990 filing data is available on this page for 2019–2025.

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

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