The New World Foundation
The New World Foundation is a 501(c)(3) philanthropic organization based in New York City that functions as a grantmaking foundation and community foundation. Established in 1954 and tax-exempt since June 1959, the foundation operates as a strategic funder supporting grassroots organizations, community leaders, and innovative changemakers working on social change initiatives. The foundation does not simply fund projects but builds strategic alliances with frontline organizations and community partners.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$122.0M
-1.2% YoY
Annual Giving
$8.3M
Grant Count
107
Avg Grant Size
$77K
Mission & Focus Areas
The foundation's mission centers on communal enhancement programs with a focus on investing in people, strengthening movements, and advancing democracy.
The foundation's primary funding areas include:
Civic Engagement — Supporting electoral participation, building new voter bases, and connecting constituencies to progressive policy agendas through the New Majority Fund.
Economic Opportunity & Mobility — Advancing economic justice and worker rights through the Phoenix Fund for Workers & Communities, which supports worker organizing, labor-community alliances, immigrant worker centers, and fair labor standards advocacy in the U.S. and Mexico. The Quality Jobs Fund addresses inequality through quality job expansion and skill development in distressed communities of Arizona, California, and Nevada.
Climate & Health — Supporting environmental justice activism in the U.S. and global south through the Global Environmental Health & Justice Fund, which funds poor communities' efforts for healthy environments, community empowerment, corporate accountability, and sustainable economic practices.
Grantmaking
As of 2023, the foundation distributed approximately $17.7 million in total giving. The foundation maintains a donor-advised fund through which donors can direct the distribution or investment of funds.
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Geographic Focus
Where this funder awards grants
The foundation funds nationally, with specific geographic emphasis in:
- Arizona, California, and Nevada (Quality Jobs Fund)
- U.S. and Mexico (Phoenix Fund for Workers & Communities)
- U.S. and global south (Global Environmental Health & Justice Fund)
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $122,021,495
- Total Revenues: $21,212,750
- Total Expenses: $25,601,563
- Number of Employees: 13
As of 2023:
- Total Assets: $124,000,000
- Total Revenues: $20,300,000
- Total Expenses: $24,700,000
- Total Liabilities: $12,900,000
The foundation maintains strong financial health with a four-star rating reflecting a 97% score in accountability and finance metrics.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $122,021,495 | $123,511,998 | $124,496,787 |
| Revenue | $21,212,750 | $20,326,734 | $12,484,284 |
| Expenses | $25,601,563 | $24,684,927 | $16,130,873 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,897,716 | $2,185,149 | $2,162,908 |
| 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
200 grants across all recorded years
Open Grants
6 open opportunities from The New World Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Colin Greer is identified as a key figure associated with the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRED AZCARATE | BOARD CHAIR | 1 | — |
| JONATHAN GLIONNA | VICE CHAIR | 1 | — |
| LINDA COLON | TREASURER | 1 | — |
| CYNTHIA CHOI | SECRETARY | 1 | — |
| DAVID HARRISON | BOARD DIRECTOR | 1 | — |
| ELIZABETH HINES | BOARD DIRECTOR | 1 | — |
| MAY BETH MAXWELL | BOARD DIRECTOR | 1 | — |
| VINCENT WARREN | BOARD DIRECTOR | 1 | — |
| KENT WONG | BOARD DIRECTOR | 1 | — |
| COLIN GREER | PRESIDENT | 40 | $375,540 |
| BEATA PUDELKO | DIR. OF FINANCE & ADMINISTRATION | 40 | $203,164 |
| ROBERT DANDREW | DIR. OF THE LOCAL ECON. PROJECT | 40 | $250,543 |
| HEETEN KALAN | PROGRAM OFFICER | 40 | $185,587 |
| NOAH BERNSTEIN | PROGRAM OFFICER | 40 | $147,831 |
| JOSHUA COHEN | NETWORK DIRECTOR | 40 | $115,881 |
| MIROSLAWA ZALEWSKA | FINANCE ASSOCIATE | 40 | $109,564 |
| RAHEL TEKOLA | PROGRAM OFFICER | 40 | $104,409 |
Recent News & Activity
Recent developments and announcements
Bard College received a $26,532 grant from the New World Foundation and partners for a climate action Hudson Valley for Sustainability project in 2023.
New World Foundation - Form 990, Schedule I - Nonprofit ExplorerSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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