Newcity Foundation

Organization Overview

Newcity Foundation is located in Wilmington, DE. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newcity Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Newcity Foundation generated $66.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $202.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Newcity Foundation has awarded 367 individual grants totaling $1,680,710. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Marissa V G Ferguson
Trustee
$0
Richard A Ferguson
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $144
Dividends & Interest $40,383
Net Rental Income$0
Net Gain on Sale of Assets $26,223
Capital Gain Net Income $26,223
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $66,750

Grants Awarded

Over the last fiscal year, Newcity Foundation has awarded $185,175 in support to 33 organizations.

Grant RecipientAmount

THE SOUTHPORT SCHOOL INC

Org PageRecipient Profile

Southport, CT

PURPOSE: ANNUAL FUND GIFT FOR 2021-2022

$30,000

HOPKINS SCHOOL INCORPORATED

Org PageRecipient Profile

New Haven, CT

PURPOSE: SCHOLARSHIP FUND IN HONOR OF KAI BYNUM

$25,000

HOPKINS SCHOOL INCORPORATED

Org PageRecipient Profile

New Haven, CT

PURPOSE: ANNUAL FUND

$25,000

ACHIEVEMENT FIRST INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: GENERAL & UNRESTRICTED

$20,000

EARTHPLACE THE NATURE DISCOVERY CENTER INC

Org PageRecipient Profile

Westport, CT

PURPOSE: FIRST INSTALLMENT ON CAPITAL PLEDGE FUND

$10,000

LEADERSHIP EDUCATION AND ATHLETICS IN PARTNERSHIP

Org PageRecipient Profile

New Haven, CT

PURPOSE: GENERAL & UNRESTRICTED

$7,000
View Grant Profile

Peer Organizations

Organization NameAssets
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Pnc Foundation
Pittsburgh, PA
$3,451,991
Peter Alfond Foundation
Bethesda, MD
$129,307,233
Service Coordination Inc
Frederick, MD
$52,158,150
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
Prudential Foundation Inc
Newark, NJ
$53,115,847
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
J Willard And Alice S Marriott Foundation
Bethesda, MD
$31,840,539
Mccune Foundation
Pittsburgh, PA
$38,182,239
Aurora Foundation
Wilmington, DE
$34,829,057
Segal Family Foundation Inc
Warren, NJ
$21,683,461
Dietrich Foundation
Pittsburgh, PA
$93,476,192

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