The Newcomb-Hargraves Foundation
- Assets
- $2.2m
- Revenue
- $344.4k
- Investments
- $2.2m
- Employees
- 0
- Location
- Lyme, CT
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 31-6650840
Organization Overview
The Newcomb-Hargraves Foundation is located in Lyme, CT. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Newcomb-Hargraves 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, Newcomb-Hargraves Foundation generated $344.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $569.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Newcomb-Hargraves Foundation has awarded 118 individual grants totaling $1,111,300. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy S Newcomb Trustee | 0 | $0 | |
John A Hargraves Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $72,938 |
| Interest on Savings | $46 |
| Dividends & Interest | $76,700 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $194,744 |
| Capital Gain Net Income | $194,744 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $344,428 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,171 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14 |
| Total operating and administrative expenses | $14,585 |
| Contributions, gifts, grants paid | $554,650 |
| Total expenses and disbursements | $569,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,241 |
| 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 | $2,123,374 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,217,565 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, The Newcomb-Hargraves Foundation has awarded $554,650 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
122 EAST 66TH STREET FOUNDATION PURPOSE: SOCIAL PURPOSES | $1,000 |
AMERICAN LIVER FOUNDATION PURPOSE: HEALTH PURPOSES | $1,000 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: EDUCATIONAL PURPOSES | $1,000 |
CENTRAL PARK CONSERVANCY PURPOSE: ENVIRONMENTAL PURPOSES | $1,000 |
CENTURY ASSOCIATION ARCHIVES FOUNDATION PURPOSE: ART SUPPORT | $2,500 |
CITIZENS UNION FOUNDATION PURPOSE: SOCIAL PURPOSES | $1,500 |