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.
Key facts about Newpol Foundation Inc
- EIN
- 51-0259621
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $153,458
- Grants made (2023)
- 1
- Average grant
- $153,458
- Median grant
- $153,458
- Primary geography
- Massachusetts (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated June 2026.
How Newpol Foundation Inc gives
- Giving fell 28% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Newpol Foundation Inc
- How to evaluate Newpol Foundation Inc as a funder
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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
Under IRS private-foundation payout rules, Newpol Foundation Inc reported a distributable amount of $4K for 2023 — the minimum it must pay out in qualifying distributions.
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
Share of all 1 itemized 2023 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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
Among its reported 2023 grants, the largest recipients include Fidelity Charitable Fund ($153,458).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY CHARITABLE FUND Boston, MA | VARIOUS CHARITIES | $153,458 |
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
No officer or director reported compensation in the available filings.
From 2023 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stanley Newman | Director/Pres./Treasurer | — | — |
| Nancy Polikoff | Director, Secretary | — | — |
Frequently Asked Questions
What does Newpol Foundation Inc fund?
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
How do I apply for a grant from Newpol Foundation Inc?
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.
Where does Newpol Foundation Inc make grants?
The foundation's grantmaking activities are primarily concentrated in Massachusetts.
What size grants does Newpol Foundation Inc award?
In 2023, Newpol Foundation Inc awarded 1 grant totaling $153K — an average of about $153K per grant, based on its IRS Form 990 filings.
How much is Newpol Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Newpol Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Newpol Foundation Inc's EIN?
Newpol Foundation Inc's EIN (Employer Identification Number) is 51-0259621. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.