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Newcity Foundation is a private corporation based in VIENNA, VA. The foundation received its IRS ruling in 2022. The principal officer is % Peter Luke Gibson. It holds total assets of $13.4M. Annual income is reported at $2.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Newcity Foundation has made 1 grants totaling $4.1M, with a median grant of $4.1M. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Newcity Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in VA.
Newcity Foundation has distributed a total of $4.1M across 1 grants. The median grant size is $4.1M, with an average of $4.1M. Individual grants have ranged from $4.1M to $4.1M.
Newcity Foundation typically selects its grantees rather than accepting unsolicited proposals.
Newcity Foundation is headquartered in VIENNA, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Luke Gibson | Director & President | $0 | $0 | $0 |
| Steve Young | Director & Vice President | $0 | $0 | $0 |
| Paul Jin | Director & Secretary | $0 | $0 | $0 |
| Gina Jeon | Director & Treasurer | $0 | $0 | $0 |
Total Giving
$340K
Total Assets
$13.7M
Fair Market Value
$14.9M
Net Worth
$12.7M
Grants Paid
$158K
Contributions
$0
Net Investment Income
$268K
Distribution Amount
$0
Total: $13.4M
Total Grants
1
Total Giving
$4.1M
Average Grant
$4.1M
Median Grant
$4.1M
Unique Recipients
1
Most Common Grant
$4.1M
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Newcity ChurchFor building costs | Vienna, VA | $4.1M | 2022 |
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