Newswell
To educate and inform the public through high-quality, free, local journalism across the U.S.
Key facts about Newswell
In short: Newswell gave $200K across 2 grants in 2025 (avg $100K), mostly in Arizona. Source: 2025 IRS Form 990.
- EIN
- 99-3024194
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $199,772
- Grants made (2025)
- 2
- Average grant
- $99,886
- Median grant
- $99,886
- Total assets
- $1,778,040
- Primary geography
- Arizona (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$1.8M
Annual Giving
$200K
Grant Count
2
Avg Grant Size
$100K
About Newswell
Based on IRS filings
Newswell is a nonprofit organization, based in Tempe, AZ. IRS filing data is available for 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 2 grants totaling $200K. Net investment income was $618.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ASU ENTERPRISE PARTNERS Tempe, AZ | PROGRAM SUPPORT | $187,690 |
| ARIZONA STATE UNIVERSITY Tempe, AZ | PROGRAM SUPPORT | $12,082 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 |
|---|---|
| Total Assets | $1,778,040 |
| Revenue | $4,304,570 |
| Expenses | $2,796,678 |
| Qualifying Distributions | — |
| Net Investment Income | $618 |
| Distributable Amount | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
Leadership & Key People
Officers and directors from IRS filings
Newswell is led by Nicole Carroll, Executive Director on the 2025 filing; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Nicole Carroll
Executive Director
New on the 2025 filing
50 hrs/week
No compensation reported
Mi-Ai Parrish
Board Chair
New on the 2025 filing
1 hr/week
No compensation reported
Lisa Loo
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Morgan Olsen
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 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 Newswell
How much does Newswell give each year?
Newswell gave $200K across 2 grants in 2025, according to its 2025 IRS Form 990.
How large is Newswell?
Newswell reported $1.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.3M.
Where does Newswell operate?
Newswell has awarded grants in Arizona.
What is Newswell's EIN?
Newswell's EIN (Employer Identification Number) is 99-3024194. IRS Form 990 filing data is available on this page for 2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Newswell by hand.
Explore Open Grants
Browse active grant opportunities in Newswell's focus areas in our free grants database
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More Funders in Arizona
Newswell down — hundreds of funders to go?