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Newco Foundation is a private corporation based in SANTA ROSA VA, CA. The foundation received its IRS ruling in 2017. The principal officer is Dave Gross. It holds total assets of $9.2M. Annual income is reported at $2.7M. Total assets have grown from $5.3M in 2019 to $8M in 2023. The foundation is governed by 2 officers and trustees. Back-office support services for school-based enterprises to enable and streamline on-campus businesses in career education programs for high school and college students that want a career in science or math industries. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in California, New York and Massachusetts. According to available records, Newco Foundation has made 12 grants totaling $357K, with a median grant of $13K. Annual giving has decreased from $258K in 2021 to $99K in 2022. Individual grants have ranged from $594 to $183K, with an average award of $30K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in California and Massachusetts and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$594
Median Grant
$10K
Average Grant
$14K
Largest Grant
$30K
Based on 7 grants from the most recent 990-PF filing.
Back-office support services for school-based enterprises to enable and streamline on-campus businesses in career education programs for high school and college students that want a career in science or math industries.
Expenses: $398K
Back-office support services for school-based enterprises to enable and streamline on-campus businesses in career education programs for high school and college students that want a career in science or math industries. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA, MA, NY.
Newco Foundation has distributed a total of $357K across 12 grants. The median grant size is $13K, with an average of $30K. Individual grants have ranged from $594 to $183K.
For information about applying for grants from Newco Foundation, visit their official website. Many private foundations accept unsolicited proposals or have specific application windows.
Newco Foundation is headquartered in SANTA ROSA VA, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Gross | PRESIDENT | $0 | $0 | N/A |
| Dawn Gross | SECRETARY | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$8M
Fair Market Value
$10M
Net Worth
$8M
Grants Paid
$834K
Contributions
$928K
Net Investment Income
$140K
Distribution Amount
N/A
Total: N/A
Total Grants
12
Total Giving
$357K
Average Grant
$30K
Median Grant
$13K
Unique Recipients
8
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Braille Press IncCHILDREN'S BRAILLE BOOK CLUB - YEAR 3 OF 5. | Boston, MA | $30K | 2022 |
| Boys And Girls Club Of CamarilloMATERIALS FOR STUDENTS TO USE FOR FOUNDATIONAL PURPOSES. | Camarillo, CA | $28K | 2022 |
| National Braille Association2022 NBA PROFESSIONAL DEVELOPMENT CONFERENCE SPONSORSHIP. | Rochester, NY | $10K | 2022 |
| California Transcribers And Educators For The Blind And Visually ImpairedGRANT. | Anaheim, CA | $10K | 2022 |
| EyeshineGRANT. | Goleta, CA | $5K | 2022 |
| Rancho Campana High School Associated Student BodyMATERIALS FOR HIGH SCHOOL STUDENTS TO USE FOR FOUNDATIONAL PURPOSES. | Camarillo, CA | $594 | 2022 |
| The Miracle League Of The 805INITIAL MATCH. | Camarillo, CA | $183K | 2021 |
| Oxnard Union High School DistrictMATERIALS FOR HIGH SCHOOL STUDENTS TO USE FOR FOUNDATIONAL PURPOSES. | Oxnard, CA | $25K | 2021 |