Project New Day Foundation
Project New Day Foundation is a private foundation focused on Mental Health & Crisis Intervention, based in Capitola, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $16K in total assets. In 2025, it made $205K in qualifying distributions.
Project New Day Foundation at a glance
- Total assets
- $15,632
- +57.6% vs 2024
- Revenue (2025)
- $210,493
- -41.9% vs 2024
- Qualifying distributions (2025)
- $204,720
- -45.2% vs 2024
- Expenses (2025)
- $204,779
- -45.2% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Project New Day Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $73K (2024) to $140K (2022). In 2024 it made 2 grants totaling $73K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| John Hopkins University Baltimore, MD | Research | $62,500 |
| Boston Psychedelic Research Group I Cambridge, MA | Rehabilitation | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2025 | $15,632 | $210,493 | $204,779 | — | — | $204,720 |
| 2024 | $9,918 | $362,275 | $373,795 | $72,500 | 2 | $373,620 |
| 2023 | $21,438 | $142,500 | $472,886 | — | — | — |
| 2022 | $351,824 | $600,000 | $257,854 | $140,000 | 3 | — |
| 2021 | $9,678 | $90,166 | $96,129 | — | — | — |
| 2020 | $15,641 | $124,496 | $108,855 | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
Project New Day Foundation is led by Michael Sinyard, Chair, Secretary & Treasurer on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Sinyard
Chair, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Ben Capron
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Project New Day Foundation
How large is Project New Day Foundation?
Project New Day Foundation reported $16K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $210K.
What is Project New Day Foundation?
Project New Day Foundation is a private foundation focused on Mental Health & Crisis Intervention, based in Capitola, CA. It holds $16K in total assets as of 2025.
Where does Project New Day Foundation operate?
Project New Day Foundation has awarded grants in California, Massachusetts, Maryland, Washington.
What is Project New Day Foundation's EIN?
Project New Day Foundation's EIN (Employer Identification Number) is 85-1571052. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-EZ for fiscal year 2020 (received by the IRS November 30, 2021)
- Updated Form 990-EZ for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-EZ for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 16, 2023)
- IRS filings on file for fiscal years 2020–2024
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Project New Day Foundation down — hundreds of funders to go?