The New Horizons Foundation Inc
The New Horizons Foundation Inc is a public charity and nonprofit organization management company founded in 1989 and headquartered in Colorado Springs, Colorado. The organization operates as a unique hybrid entity that combines the functions of a community foundation, fiscal sponsor, and traditional nonprofit to expand charitable impact globally.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$116.3M
+11.3% YoY
Annual Giving
$20.7M
+19.1% YoY
Grant Count
310
+44.9% YoY
Avg Grant Size
$67K
-17.8% YoY
Mission & Focus Areas
Mission Statement: "We bring resources and solutions together for world impact" and "To develop and support creative charitable enterprises that bring lasting change to our world for the better."
Vision: Influencing every sphere of society in every nation by stewarding resources for world impact.
Primary Focus Areas:
- Religious activities
- Educational initiatives
- Scientific endeavors
- Benevolent causes
- Health-related activities
- Meeting basic needs
- Economic empowerment
- Orphan care
- Spiritual development
- Dignity of life
The Foundation emphasizes creative solutions and specializes in supporting smaller charitable organizations that might otherwise lack resources to exist.
Grantmaking
The Foundation is an active grantmaker with a substantial portfolio of grants distributed annually.
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Geographic Focus
Where this funder awards grants
The Foundation operates globally, with a stated mission to influence "every sphere of society in every nation." It maintains a presence in Colorado Springs, Colorado (headquarters) and South Korea. The organization funds charitable projects and organizations worldwide.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total revenues: $68,690,282
- Total expenses: $50,788,577
- Total assets: $116,268,654
- Number of employees: 20
As of 2023:
- Total revenues: $51,185,720
- Total expenses: $49,085,153
- Total assets: $104,430,423
- Number of employees: 17
Tax Status:
- 501(c)(3) public charity
- Tax-exempt since July 1990
- EIN: 84-1123082
- NTEE Code: T30 (Public Foundations)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $116,268,654 | $104,430,423 | $100,167,136 |
| Revenue | $68,690,282 | $51,185,720 | $56,296,980 |
| Expenses | $50,788,577 | $49,085,153 | $40,799,043 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $17,724,210 | $4,934,320 | $3,966,353 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
201 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The Foundation is led by experienced professionals dedicated to creative charitable solutions. Lauren Libby serves as President of Trans World Radio and Chairman of the New Horizons Foundation Board.
The organization employs 20 staff members as of 2024 and maintains a growing team focused on financial management, operations, and strategic planning.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Steven Prensner | CEO & President | 40 | $68,315 |
| V William Moritz | VP & Executive Director | 40 | $67,108 |
| Barbara Tompkins | Director | 1 | — |
| Dave Gresham | Director | 1 | — |
| DR Jerry E White | Director | 1 | — |
| Eric Danos | Director | 1 | — |
| Gail Jones | Director | 1 | — |
| Gary Daniel | Treasurer | 1 | — |
| Kirk Humphreys | Director | 1 | — |
| Lauren Libby | Board Chairman | 1 | — |
| Leisle Chung | Director | 1 | — |
| Mutua Mahiaini | Director | 1 | — |
| Ronald Halverson | Director | 1 | — |
| Todd Jensen | Director | 1 | — |
| Christopher Rosenhahn | CFO & Corporate Secretary | 40 | $145,127 |
| Gregory Smith | Vice President of Outreach | 40 | $116,497 |
Contact Information
- Address: 731 Chapel Hills Drive, Colorado Springs, CO 80920
- Phone: 800-531-4075 / 719-260-1213
- Email: info@newhorizonsfoundation.com
- Website: newhorizonsfoundation.com
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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