The Newcomb-hargraves Foundation

Foundation · Grantmaker 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

+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.

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

New York $1.2M (50%)

Connecticut $977K (42%)

New Hampshire $75K (3%)

Massachusetts $70K (3%)

Pennsylvania $20K (1%)

New Jersey $11K (0%)

Virginia $4K (0%)

States

Connecticut Massachusetts New Hampshire New Jersey New York Pennsylvania Virginia

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

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

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 include New York Historical Society ($577,500), Connecticut College ($156,000), Lyme Land Conservation Trust Inc ($25,000).

Recipient	Purpose	Amount
122 EAST 66TH STREET FOUNDATION NEW YORK, NY	SOCIAL PURPOSES	$1,000
ALBERT EINSTEIN COLLEGE OF MEDICINE BRONX, NY	MEDICAL PURPOSES	$5,000
AMERICAN MUSEUM OF NATURAL HISTORY NEW YORK, NY	EDUCATIONAL PURPOSES	$1,000
CENTRAL PARK CONSERVANCY NEW YORK, NY	ENVIRONMENTAL PURPOSES	$1,000
CENTURY ASSOCIATION ARCHIVES FOUNDATION NEW YORK, NY	ART SUPPORT	$2,500
CHESTNUT HILL CONCERTS GUILFORD, CT	ART SUPPORT	$2,000
CITIZENS UNION FOUNDATION STATEN ISLAND, NY	SOCIAL PURPOSES	$1,000
COLONIAL WILLIAMSBURG FUND WILLIAMSBURG, VA	EDUCATIONAL PURPOSES	$1,000
CONNECTICUT ADUDUBON SOCIETY FAIRFIELD, CT	ENVIRONMENTAL PURPOSES	$500
CONNECTICUT COLLEGE NEW LONDON, CT	EDUCATIONAL PURPOSES	$156,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NANCY S NEWCOMB	TRUSTEE	—	—
JOHN A HARGRAVES	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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.