Something New Foundation
Something New Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $309 in total assets. In 2024, it awarded 4 grants totaling $16K. Net investment income was $45.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$309
-97.4% YoY
Annual Giving
$16K
+433.3% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$4K
+33.3% YoY
Under IRS private-foundation payout rules, Something New Foundation reported a distributable amount of $10 for 2024 — the minimum it must pay out in qualifying distributions.
About Something New Foundation
Based on IRS filings
Something New Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $309 in total assets. In 2024, it awarded 4 grants totaling $16K. Net investment income was $45.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $309 | $12,084 |
| Revenue | $16,545 | $15,671 |
| Expenses | $16,320 | $15,587 |
| Qualifying Distributions | $16,320 | $3,587 |
| Net Investment Income | $45 | — |
| Distributable Amount | $10 | $62 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Colorado ($4,000), Colorado Mesa University ($4,000), University of Colorado Boulder ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF COLORADO COLORADO SPRINGS, CO | TO SUPPORT WOMENS EDUCATION | $4,000 |
| COLORADO MESA UNIVERSITY GRAND JUNCTION, CO | TO SUPPORT WOMENS EDUCATION | $4,000 |
| UNIVERSITY OF COLORADO BOULDER BOULDER, CO | TO SUPPORT WOMENS EDUCATION | $4,000 |
| UNIVERSITY OF COLORADO COLORADO SPRINGS, CO | TO SUPPORT WOMENS EDUCATION | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JORDAN LINSCOMBE | PRESIDENT | 2 | — |
| MINDI LINSCOMBE | VICE PRESIDE | 2 | — |
| LIZ RAMSDELL | SECRETARY | 1 | — |
| ERIC BALDINI | TREASURER | 1 | — |
| MEGAN CAIN | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Something New Foundation?
Something New Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. It holds $309 in total assets as of 2024.
How large is Something New Foundation?
As of 2024, Something New Foundation holds $309 in total assets with $17K in annual revenue. It awarded 4 grants totaling $16K in 2024.
Where does Something New Foundation operate?
Something New Foundation has awarded grants in Colorado, Wyoming.
What size grants does Something New Foundation award?
In 2024, Something New Foundation awarded 4 grants totaling $16K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Something New Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Something New Foundation reported a distributable amount of $10 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Something New Foundation's EIN?
Something New Foundation's EIN (Employer Identification Number) is 99-1079606. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Something New Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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