The New Horizons Foundation Inc
The New Horizons Foundation Inc is a public charity based in Colorado Springs, Colorado. Formed in 1989, it says its objective is to help individuals accomplish charitable objectives in religious, educational, scientific, benevolent, and health-related activities.
The New Horizons Foundation Inc at a glance
In short: The New Horizons Foundation Inc gave $20.7M across 310 grants in 2024 (avg $67K), top state Colorado. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $20,707,926
- +19.1% vs 2023
- Grants made (2024)
- 310
- +44.9% vs 2023
- Average grant
- $66,800
- -17.8% vs 2023
- Median grant
- $13,988
- Total assets
- $116,268,654
- +19.2% vs 2023
- Primary geography
- Colorado (45% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026.
How to apply to The New Horizons Foundation Inc
- Contact
Mailing address: 731 Chapel Hills Dr, Colorado Springs, CO 80920
Phone: (719) 260-1213
Website: https://newhorizonsfoundation.net
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The New Horizons Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Joy to the World Foundation Inc ($3.0M). Together the top 10 received $11.0M.
Grant Size Distribution
846 grants across all recorded years
The most common grant size was under $50K: 682 grants of 846 (81%).
Geographic Focus
Where this funder awards grants
In 2024, Colorado recipients received 45% of grant dollars, followed by Kansas at 12%, California at 9%, Virginia at 4%, and Texas at 4%. The foundation also made listed grants to organizations in other states, including North Dakota, Iowa, and Georgia.
Grant Distribution by State
Share of 2024 grant dollars across all 310 itemized grants.
States
Cities
How The New Horizons Foundation Inc gives
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.5M (2020) to $20.7M (2024). In 2024 it made 310 grants totaling $20.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Joy to the World Foundation Inc Colorado Springs, CO | Program Support | $3,001,020 |
| Navigators Colorado Springs, CO | Program Support | $2,156,691 |
| The Moody Center Inc Overland Park, KS | Program Support | $1,865,000 |
| Operation Restored Warriors Colorado Springs, CO | Program Support | $860,000 |
| Stone Ridge Foundation Altavista, VA | Program Support | $695,280 |
| Child Development Int'l Colorado Springs, CO | Program Support | $560,000 |
| Purpose Drived Connection Rancho Santa Margarita, CA | Program Support | $502,000 |
| Colorado Christian University Lakewood, CO | Program Support | $472,000 |
| Northland Christian Counseling Center Inc Grand Forks, ND | Program Support | $459,975 |
| Hope for Brighter Tomorrows Rancho Santa Margarita, CA | Program Support | $450,000 |
Ready to take the next step with The New Horizons Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $116,268,654 | $68,690,282 | $50,788,577 | $20,707,926 | 310 | $17,724,210 |
| 2023 | $97,534,482 | $51,724,578 | $49,085,153 | $17,380,174 | 214 | $5,330,113 |
| 2022 | $100,167,136 | $56,296,980 | $40,799,043 | $8,686,834 | 184 | $3,966,353 |
| 2021 | $90,565,468 | $42,722,124 | $32,726,437 | $10,702,269 | 137 | $4,220,806 |
| 2020 | $70,504,684 | $34,940,824 | $26,576,947 | $5,461,427 | 1 | $3,990,413 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated mission is to help individuals accomplish their charitable objectives in religious, educational, scientific, benevolent, and health-related activities. Its 2024 grants included support for organizations whose own missions span areas such as Christian education and service, veteran health, counseling, and student support.
For example, The Moody Center describes its mission as preserving D.L. Moody’s legacy and preparing young people for Christian life and service. Stone Ridge Foundation says it works to help veterans return to productive leadership and address behavioral and mental health challenges. Northland Christian Counseling Center describes its work as supporting individuals’ emotional, physical, social, intellectual, and spiritual development. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In filing year 2024, the foundation reported 310 grants totaling $20,707,926. Grants ranged from $5,000 to $3,001,020, with a median of $13,988. Listed grants were described as program support.
Among the largest grants were $3,001,020 to Joy to the World Foundation Inc, $2,156,691 to Navigators, $1,865,000 to The Moody Center Inc, $860,000 to Operation Restored Warriors, and $695,280 to Stone Ridge Foundation.
The foundation’s filing says it requests memoranda of understanding, quarterly updates, and budgets from grantees to ensure funds are used for charitable purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Steven Prensner as CEO and President, V William Moritz as Vice President and Executive Director, Gary Daniel as Treasurer, and Lauren Libby as Board Chairman. Directors listed include Barbara Tompkins, Dave Gresham, DR Jerry E White, Eric Danos, Gail Jones, and Kirk Humphreys.
The New Horizons Foundation Inc is led by Steven Prensner, CEO & President since 2024 (on filings since 2020); 4 of 16 officers listed in 2024 are compensated.
Officers on the 2024 filing
Steven Prensner
CEO & President
President → CEO & President, 2024
On filings since 2020
40 hrs/week
$92K (2020) → $68K (2024)
V William Moritz
Vice President & Executive Director
Executive Di → Vice President & Executive Director, 2021
On filings since 2020
40 hrs/week
$140K (2020) → $67K (2024)
Lauren Libby
Board Chairman
On filings since 2020
1 hr/week
No compensation reported
Barbara Tompkins
Director
On filings since 2020
1 hr/week
No compensation reported
Dave Gresham
Director
On filings since 2020
1 hr/week
No compensation reported
Eric Danos
Director
On filings since 2020
1 hr/week
No compensation reported
Gail Jones
Director
On filings since 2020
1 hr/week
No compensation reported
Jerry E White
Director
On filings since 2020
1 hr/week
No compensation reported
Kirk Humphreys
Director
On filings since 2020
1 hr/week
No compensation reported
Mutua Mahiaini
Director
On filings since 2020
1 hr/week
No compensation reported
Ronald Halverson
Director
On filings since 2020
1 hr/week
No compensation reported
Leisle Chung
Director
On filings since 2022
1 hr/week
No compensation reported
Todd Jensen
Director
New on the 2024 filing
1 hr/week
No compensation reported
Christopher Rosenhahn
CFO & Corporate Secretary
New on the 2024 filing
40 hrs/week
$145K (2024)
Gregory Smith
Vice President of Outreach
New on the 2024 filing
40 hrs/week
$116K (2024)
Gary Daniel
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (3)
- Former: Chris Rosenhahn (2020–2023) — Corporate Secretary
- Former: Mutua Mahini (2021–2023) — Director
- Former: Tom R. Madison (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $145K, to Christopher Rosenhahn (CFO & Corporate Secretary). 4 officers or directors reported compensation on that filing.
Frequently asked questions about The New Horizons Foundation Inc
How much does The New Horizons Foundation Inc give each year?
The New Horizons Foundation Inc gave $20.7M across 310 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $17.4M across 214 grants.
What is The New Horizons Foundation Inc's typical grant size?
The New Horizons Foundation Inc's median grant in 2024 was $13,988, and its average grant was $66,800, across 310 grants on its 2024 IRS Form 990.
Where does The New Horizons Foundation Inc give grants?
The New Horizons Foundation Inc's top state is Colorado, with 45% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Kansas (12%) and California (9%). The most frequent recipient cities were Colorado Springs, CO (32 grants), Oklahoma City, OK (14 grants), Denver, CO (6 grants) and Arvada, CO (5 grants).
Does The New Horizons Foundation Inc give general operating support?
Not in 2024: none of the 310 grants with a stated purpose on The New Horizons Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Support" (310 grants).
Who are The New Horizons Foundation Inc's largest grantees?
The New Horizons Foundation Inc's largest 2024 grantees include Joy to the World Foundation Inc ($3,001,020), Navigators ($2,156,691) and The Moody Center Inc ($1,865,000), according to its 2024 IRS Form 990. Together they received 34% of its itemized 2024 grant dollars.
How large is The New Horizons Foundation Inc?
The New Horizons Foundation Inc reported $116.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $68.7M.
What does The New Horizons Foundation Inc fund?
The foundation’s stated mission is to help individuals accomplish their charitable objectives in religious, educational, scientific, benevolent, and health-related activities. See mission & focus areas ↑
How do I apply for a grant from The New Horizons Foundation Inc?
The New Horizons Foundation Inc has no public application process in the sources Grantable reviewed. Check newhorizonsfoundation.net for current guidelines, or contact the foundation directly before submitting a request.
What is The New Horizons Foundation Inc's EIN?
The New Horizons Foundation Inc's EIN (Employer Identification Number) is 84-1123082. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 25, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The New Horizons Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Colorado
Christian Community Foundation Inc
Colorado Springs, CO
WaterStone supports domestic and international nonprofits, including Christian ministries and charitable and educational organizations, through donor-directed grants; eligible organizations must be IRS-recognized 501(c)(3)s whose mission aligns with its Statement of Faith. Its 2025 grants had a median of $20,000, with awards ranging from $5,028 to $11 million, and were concentrated in Texas and Colorado. Grant recommendations come from donor-advised fund holders; the profile does not state that it accepts unsolicited requests.
Assets
$746.4M
Grants
1,651
Total Given
$161.8M
Colorado Gives Foundation
Arvada, CO
Colorado Gives Foundation funds nonprofits serving Jefferson County in areas including food security, early care and education, workforce development, housing, health and convenient neighborhoods; it also offers statewide nonprofit capacity-building support. Typical giving varies widely: its 2024 median grant was $17,814, while Thriving Jeffco Responsive Grant awards ranged from $2,500 to $100,000. It accepts applications through listed grant opportunities, but whether it accepts unsolicited requests is not stated.
Assets
$527.1M
Grants
2,211
Total Given
$91.0M
Daniels Fund
Denver, CO
The Daniels Fund supports nonprofits working in aging, amateur sports, disabilities, addiction, early childhood and K–12 education, homelessness, and youth development. Its 2024 grants had a median of about $14,000, primarily for organizations in Colorado, New Mexico, Utah, and Wyoming; select national-impact programs are also eligible, by invitation only.
Assets
$1.4B
Grants
1,593
Total Given
$69.7M
The Denver Foundation
Denver, CO
The Denver Foundation supports nonprofits working in economic opportunity, environment and climate, housing, and youth well-being, with an emphasis on racial equity and historically underserved communities in the seven-county Metro Denver region. Its Community Grants typically range from $20,000 to $50,000; the 2024 median across reported grants was $26,500. The profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
1,184
Total Given
$131.7M
The Bold Foundation Inc
Denver, CO
The Bold Foundation supports access to higher education and academic research through scholarships, fellowships, grants, and other student funding for students around the country. Its typical giving level is not stated, and the available information does not say whether it accepts unsolicited requests.
Assets
$4.9M
Grants
769
Total Given
$1.2M
The Colorado Health Foundation
Denver, CO
The Colorado Health Foundation funds nonprofit organizations and public agencies working to improve health and health equity in Colorado, including projects in areas such as primary care, housing, food access, and economic opportunity. Its 2024 median grant was $80,000, though awards varied widely; it prioritizes organizations serving Coloradans.
Assets
$2.9B
Grants
684
Total Given
$102.2M
More similar funders
More Funders in Colorado
Cite this profile
Grantable. (2026). The New Horizons Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-new-horizons-foundation-inc-morg_dda9071ab3344d00a2145953240d076d
BibTeX
@misc{grantable_841123082_2026,
author = {{Grantable}},
title = {{The New Horizons Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-new-horizons-foundation-inc-morg_dda9071ab3344d00a2145953240d076d},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The New Horizons Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The New Horizons Foundation Inc down — hundreds of funders to go?