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New Process Foundation is a private trust based in HOUSTON, TX. The foundation received its IRS ruling in 2023. It holds total assets of $33.9M. Annual income is reported at $3.3M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2024. According to available records, New Process Foundation has made 10 grants totaling $1.3M, with a median grant of $75K. Individual grants have ranged from $10K to $500K, with an average award of $128K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Texas, New York, Virginia, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
New Process Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in TX, NY, VA.
New Process Foundation has distributed a total of $1.3M across 10 grants. The median grant size is $75K, with an average of $128K. Individual grants have ranged from $10K to $500K.
New Process Foundation typically selects its grantees rather than accepting unsolicited proposals.
New Process Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard E Fant Co New Process Steel | PRESIDENT | $0 | $0 | N/A |
| Jana Fant Co New Process Steel | VICE PRESIDENT | $0 | $0 | N/A |
| Stephen Swan Co New Process Steel | TREASURER/SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$33M
Fair Market Value
N/A
Net Worth
$33M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$1.3M
Average Grant
$128K
Median Grant
$75K
Unique Recipients
10
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Diabetes AssociationPUBLIC CHARITY | Crystal City, VA | $25K | 2023 |
| Houston Children'S CharityPUBLIC CHARITY | Houston, TX | $500K | 2023 |
| UpbringPUBLIC CHARITY | Austin, TX | $353K | 2023 |
| Pef Israel Endowment FundsPUBLIC CHARITY | New York, NY | $100K | 2023 |
| Baylor College Of MedicinePUBLIC CHARITY | Houston, TX | $100K | 2023 |
| Trees For HoustonPUBLIC CHARITY | Houston, TX | $100K | 2023 |
| Power Of Parkinson'SPUBLIC CHARITY | Austin, TX | $50K | 2023 |
| Sam Houston Area CouncilPUBLIC CHARITY | Houston, TX | $35K | 2023 |
| Stop Animal CrueltyPUBLIC CHARITY | Houston, TX | $10K | 2023 |
| Braille Inst San DiegoPUBLIC CHARITY | San Diego, CA | $10K | 2023 |