Newcombe Foundation
- Assets
- $827.3k
- Revenue
- $43.6k
- Investments
- $814.9k
- Employees
- 0
- Location
- Kingston, NY
- Founding
- 12/1967
- Data as of
- 12/2023
- EIN
- 14-6039070
Organization Overview
Newcombe Foundation is located in Kingston, NY. The organization was established in 1967. 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. Newcombe 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 12/2023, Newcombe Foundation generated $43.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $70.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Newcombe Foundation has awarded 265 individual grants totaling $744,550. 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) | Role | Hours | Compensation |
|---|---|---|---|
Lydia Newcombe Director | 1 | $0 | |
Amos Newcombe Trustee | 1 | $0 | |
Isadora Downes Trustee | 1 | $0 | |
Cate Collier Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,051 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,592 |
| Capital Gain Net Income | $18,592 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,643 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $215 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,283 |
| Contributions, gifts, grants paid | $56,750 |
| Total expenses and disbursements | $70,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,731 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $247,382 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $722 |
| Total assets | $827,320 |
| Accounts payable and accrued expenses | $3,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,500 |
Grants Awarded
Over the last fiscal year, Newcombe Foundation has awarded $56,750 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ARS CHORALIS PURPOSE: OPERATING EXPENSES | $250 |
CATSKILL ANIMAL SANCTUARY PURPOSE: OPERATING PURPOSES | $1,000 |
FAMILY OF WOODSTOCK PURPOSE: OPERATING EXPENSES | $4,000 |
CHILDREN'S HOME OF KINGSTON PURPOSE: OPERATING EXPENSES | $1,000 |
COMMUNITY FOUNDATIONS OF THE HUDSON PURPOSE: OPERATING EXPENSES | $1,000 |
FOOD BANK OF THE HUDSON VALLEY PURPOSE: OPERATING EXPENSES | $2,500 |