Newday Usa Foundation Inc
NewDay USA Foundation Inc. is a 501(c)(3) private foundation and corporate foundation of Chrysalis Holdings LLC, based in Fulton, Maryland. The foundation was granted tax-exempt status in July 2014. It operates as a philanthropic organization committed to serving veterans, military families, and the broader military community through scholarship programs, housing initiatives, and strategic partnerships.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.1M
+158.3% YoY
Grant Count
13
+8.3% YoY
Avg Grant Size
$88K
+138.4% YoY
Mission & Focus Areas
The foundation supports programs designed to improve the lives of veterans, service members, and the communities with which they live. A primary focus is awarding scholarships to children of fallen or severely wounded veterans to attend JROTC military high schools.
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Scholarships for military families
- Support for military-affiliated institutions
Grantmaking
The foundation awarded 13 grants in 2024. Typical grant awards range from $2,000 to $500,000, with a median grant amount of $15,000.
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Geographic Focus
Where this funder awards grants
The foundation's grant-making focuses primarily on Georgia, Florida, and Missouri.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total Assets: $823,087
- Total Revenues: $89,898
- Total Expenses: $1,148,111
- Total Distributions: $1,147,711
Historical Assets (2023):
- Total Assets: $1.88 million
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Robert I Posner - Co-Chair of the Board of Directors
- Thomas C Lynch - Co-Chair of the Board of Directors
The foundation operates with 2 employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT I POSNER | CO-CHAIR OF THE BOARD OF D | 1.25 | — |
| THOMAS C LYNCH | CO-CHAIR OF THE BOARD OF D | 1.25 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in awarding scholarships to children of servicemembers, including those deployed to serve in the Global War on Terror and children of Georgia National Guard soldiers. The foundation has also sponsored initiatives such as the NOVA benefit and annual conferences, and supports the GMC Leadership Center and a restricted reading room.
Charity Week 2026 raises over $102K for New Day FoundationContact Information
Address: 8115 Maple Lawn Boulevard, Suite 40, Fulton, MD 20759-2681
Phone: 410-244-7499
Website: www.newdayusa.com/about
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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