The Newcomb-hargraves Foundation

LYME, CT EIN: 31-6650840

The Newcomb-Hargraves Foundation is a private foundation based in Lyme, Connecticut, established in 2000. As a 501(c)(3) organization, it operates as a grantmaking foundation with no employees, distributing funds to nonprofit organizations across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

-20.3% YoY

Annual Giving

$861K

+140.7% YoY

Grant Count

44

+2.3% YoY

Avg Grant Size

$20K

+135.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a diverse range of charitable purposes, including:

  • Art support
  • Educational purposes
  • Social purposes
  • Environmental purposes
  • Health purposes
  • Medical purposes

Grantmaking

The foundation awarded 43 grants in 2023, with total giving of $357,750. Typical grant awards range from $50,000 to $400,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in New York, Connecticut, and Massachusetts.

Grant Distribution by State

7states

Cities

AmherstBethlehemBronxBrooklynCambridgeCharlottesvilleDumontEssexFairfieldFarmingtonGuilfordHadlymeHanoverJamaicaLymeMiddletownMonroeNew HavenNew LondonNew York

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $2,568,800
  • Total Revenues: $717,677
  • Total Expenses: $366,442
  • Total Grants and Contributions Received: $126,006
  • Investment Income and Dividends: $88,329

Year-over-Year Growth (2022-2023):

  • Grants and contributions increased 72.8% ($126,006 vs. $72,938)
  • Investment income and dividends increased 15.1% ($88,329 vs. $76,746)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$239K$479K$718K$957K20202021202220232024
Metric202420232022
Total Assets$2,047,015$2,568,800$2,217,565
Revenue$348,384$717,677$344,428
Expenses$870,169$366,442$569,235
Qualifying Distributions$861,250$357,750$554,650
Net Investment Income$348,131$591,105$270,909
Distributable Amount$133,027$134,356$146,532

Giving Over Time

Total grant dollars and number of grants per year

$0$215K$431K$646K$861K35 grants202044 grants202139 grants202243 grants202344 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NEW YORK HISTORICAL SOCI…$578KCONNECTICUT COLLEGE$156KLYME LAND CONSERVATION T…$25KVIENNA PHILHARMONIC SOCI…$18KTHE METROPOLITAN OPERA G…$8KALBERT EINSTEIN COLLEGE …$5KCT CYCLING ADVANCEMENT D…$5KHILLSTEAD MUSEUM$5KMUSICAL MASTERWORKS INC$5KTHE ENGLISH CONCERT IN A…$5K

Grant Size Distribution

205 grants across all recorded years

196<$50K5$50–100K2$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NANCY S NEWCOMBTRUSTEE
JOHN A HARGRAVESTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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