The Newcomb-Hargraves Foundation
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.
Key facts about The Newcomb-Hargraves Foundation
- EIN
- 31-6650840
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $861,250
- Grants made (2024)
- 44
- Average grant
- $19,574
- Median grant
- $1,250
- New grantees (estimate)
- 20% first-time grantees (9 of 44, 2024)
- Total assets
- $2,047,015
- Primary geography
- New York (74% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Newcomb-Hargraves Foundation funds
By grant dollars, the top recipient states for The Newcomb-Hargraves Foundation's 44 itemized 2024 grants were New York (74%) and Connecticut (25%). The most frequent recipient cities were New York, NY (18 grants), Old Lyme, CT (7 grants) and New London, CT (2 grants). None of its 44 grants with a stated purpose were described as general or operating support. Recurring purposes include "Art Support" (17 grants), "Educational Purposes" (11 grants) and "Social Purposes" (6 grants).
Is The Newcomb-Hargraves Foundation open to new grantees?
20%
first-time grantees, 2024
In 2024, 9 of 44 grantees (20%) were first-time recipients. First grants averaged $2K; repeat grants $24K. How we count
Medians: $1K first-time, $2K repeat.
- 68% of 2024 grantees were also funded in 2023. Method
- Giving grew 192% from 2021 to 2024. Method
- In 2024 it paid out 647% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Newcomb-Hargraves Foundation
- How to evaluate The Newcomb-Hargraves Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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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
Under IRS private-foundation payout rules, The Newcomb-Hargraves Foundation reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.
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.
Ready to take the next step with The Newcomb-Hargraves Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, Connecticut, and Massachusetts.
Grant Distribution by State
Share of all 44 itemized 2024 grant dollars.
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
205 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include New York Historical Society ($577,500), Connecticut College ($156,000), Lyme Land Conservation Trust Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW YORK HISTORICAL SOCIETY New York, NY | EDUCATIONAL PURPOSES | $577,500 |
| CONNECTICUT COLLEGE New London, CT | EDUCATIONAL PURPOSES | $156,000 |
| LYME LAND CONSERVATION TRUST INC Lyme, CT | ENVIRONMENTAL PURPOSES | $25,000 |
| VIENNA PHILHARMONIC SOCIETY New York, NY | ART SUPPORT | $18,000 |
| THE METROPOLITAN OPERA GUILD New York, NY | ART SUPPORT | $7,500 |
| ALBERT EINSTEIN COLLEGE OF MEDICINE Bronx, NY | MEDICAL PURPOSES | $5,000 |
| CT CYCLING ADVANCEMENT DEPT Middletown, CT | HEALTH PURPOSES | $5,000 |
| HILLSTEAD MUSEUM Farmington, CT | EDUCATIONAL PURPOSES | $5,000 |
| MUSICAL MASTERWORKS INC Old Lyme, CT | ART SUPPORT | $5,000 |
| THE ENGLISH CONCERT IN AMERICA Dumont, NJ | ART SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Nancy S Newcomb | Trustee | — | — |
| John a Hargraves | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Newcomb-Hargraves Foundation fund?
The foundation supports a diverse range of charitable purposes, including: • Art support • Educational purposes • Social purposes • Environmental purposes • Health purposes • Medical purposes
How do I apply for a grant from The Newcomb-Hargraves Foundation?
**Grant Activity & Scale** The foundation awarded 43 grants in 2023, with total giving of $357,750. Typical grant awards range from $50,000 to $400,000. **Recent Grants (2023)** Notable recent grants include: • Connecticut College: $100,000 (Educational Purposes) • New York Historical Society: $62,000 (Educational Purposes) • Lyme Land Conservation Trust: $50,000 (Environmental Purposes) • Lyme Ambulance Association: $500 (Health Purposes)
Where does The Newcomb-Hargraves Foundation make grants?
The foundation primarily funds organizations in New York, Connecticut, and Massachusetts.
What size grants does The Newcomb-Hargraves Foundation award?
In 2024, The Newcomb-Hargraves Foundation awarded 44 grants totaling $861K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Newcomb-Hargraves Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Newcomb-Hargraves Foundation reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Newcomb-Hargraves Foundation's EIN?
The Newcomb-Hargraves Foundation's EIN (Employer Identification Number) is 31-6650840. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.