Newpol Foundation Inc
Newpol Foundation Inc is a private foundation based in Redding, Connecticut. The organization was established in 1981 and is designated as a 501(c)(3) tax-exempt organization. The foundation operates as an independent grantmaking entity.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$153K
-94.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$153K
-94.8% YoY
Mission & Focus Areas
The foundation's primary funding focuses include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Local Government Grants
- Community & Civic Engagement
- Volunteer Grants
- Arts Grants for Nonprofits
Grantmaking
According to the most recent financial data available, the foundation distributed $153,458 in total giving. Historical grant awards have ranged from $500 to $2,934,931. The foundation's grantmaking primarily targets organizations in Massachusetts.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking activities are primarily concentrated in Massachusetts.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent 2023 Form 990 filing:
- Total Assets: $0
- Total Giving: $153,458
- Revenue: $72
- Expenses: $153,000
- Total Liabilities: $0
The foundation filed a final return as of 2023.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $153,386 | $3,216,825 |
| Revenue | $72 | $-54,505 | $214,292 |
| Expenses | $153,458 | $2,973,303 | $203,323 |
| Qualifying Distributions | $153,458 | $2,934,931 | $185,100 |
| Net Investment Income | $72 | $40,709 | $159,069 |
| Distributable Amount | $3,778 | $87,117 | $160,067 |
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 2023
Grant Size Distribution
50 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
Joseph Newpol, Professor Emeritus of Law at Bentley University, is associated with the foundation. He holds an LLM and JD from Boston University and a BA from Boston University. His professional background includes work as a former tax attorney for The Gillette Company and supervising tax specialist for Coopers and Lybrand. His expertise encompasses individual taxation, pass-through entities, corporate taxation, reorganizations, and international transactions.
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STANLEY NEWMAN | DIRECTOR/PRES./TREASURER | — | — |
| NANCY POLIKOFF | DIRECTOR, SECRETARY | — | — |
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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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