New World Foundation
91% goes to programs $1 to raise $100 Strong reserves Growing revenue
New World Foundation is a 501(c)(3) organization based in New York, New York, registered in 1959, with $21,212,750 in FY2023 revenue. CharityIndex grades it B+, and it directs about 91% of spending to programs.
627 W End Ave, New York, NY, 10024 EIN 13-1919791 Since 1959
Revenue (FY2023)
$21.2M
▲ 4.4% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$25.6M
Net assets
$108.9M
Employees
13
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating91% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For New World Foundation: 91% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating51 mo reserves · -21% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New World Foundation: 51 mo reserves · -21% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For New World Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New World Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To support community activists across america and around the world.
What they do
Local economies project & partners for climate action hudson valley project:the local economies project supports vibrant, interconnected communities that are powered by the people who live there. we see food and farming as a cornerstone of every region and critical to the movement towards stronger, more resilient economies. our major initiatives: partners for climate action and local stewardship and community, revolve around supporting communities in repair of our natural systems, mend our civic fabric, and usher in a more cooperative and resilient future.
Phx - phoenix fund at nwf was established in 1996 and is dedicated to empowering u.s. workers and their rights through strong unions. through the phoenix fund grantmaking program, we are investing in frontline organizations and collaborations that are building economic justice movements from the bottom up. our work is focused on organizing in areas with and without worker centers and representation, and building deep relationships between organized labor, unorganized workers, and our community partners. we are also investing in the creation of solidarity campaigns and networks that will help activists turn the vicious circle of globalization, which pits one group of workers against another, into a virtuous circle, where working people can come together to raise the floor for all.
New majority fund, environmental justice fund, eclipse fund, good will fund, marga fund, diverse asset managers initiative, education for racial equity, culture hack labs, transition resource circle, zero carbon ma
Contact & location
- Address
- 627 W End Ave, New York, NY, 10024
- City
- New York
- State
- New York
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $8.1M (FY2014) to $21.2M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $13.1MNet assets $108.9M
Operating margin
-20.7%
Spent more than it raised in the latest fiscal year.
Total assets
$122.0M
Total liabilities
$13.1M
Net assets
$108.9M
Salaries & benefits
$3.0M
12% of expenses
Board members
10
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $21,212,750▲4.4% | $25,601,563▲3.7% | $108,917,178▼1.6% | $122,021,495▼1.2% | 990 |
| 2022 | $20,326,734▲62.8% | $24,684,927▲53.0% | $110,639,898▼1.3% | $123,511,998▼0.8% | 990 |
| 2021 | $12,484,284▼14.7% | $16,130,873▼31.9% | $112,081,945▼7.8% | $124,496,787▼5.6% | 990 |
| 2020 | $14,635,341▼66.6% | $23,695,830▼1.6% | $121,534,629▼30.0% | $131,879,332▼29.5% | 990 |
| 2019 | $43,812,072▼22.9% | $24,083,544▲39.3% | $173,659,837▲12.9% | $187,057,457▲13.6% | 990 |
| 2018 | $56,795,840▲20.2% | $17,293,169▼2.7% | $153,875,594▲34.2% | $164,734,995▲31.8% | 990 |
| 2017 | $47,270,569▼31.3% | $17,781,563▼3.4% | $114,660,519▲34.4% | $124,997,673▲32.0% | 990 |
| 2016 | $68,823,220▲893% | $18,406,528▲4.5% | $85,292,825▲156% | $94,723,608▲118% | 990 |
| 2015 | $6,930,601▼14.6% | $17,614,369▲11.3% | $33,316,393▼21.9% | $43,423,632▼4.5% | 990 |
| 2014 | $8,113,978 | $15,829,826 | $42,655,884 | $45,459,954 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Colin Greer — $375,540 (1.47% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Colin Greer | President | 40 | $375,540 |
| Robert Dandrew | Dir. of the Local Econ. Project | 40 | $250,543 |
| Beata Pudelko | Dir. of Finance & Administration | 40 | $203,164 |
| Heeten Kalan | Program Officer | 40 | $185,587 |
| Noah Bernstein | Program Officer | 40 | $147,831 |
| Joshua Cohen | Network Director | 40 | $115,881 |
| Miroslawa Zalewska | Finance Associate | 40 | $109,564 |
| Rahel Tekola | Program Officer | 40 | $104,409 |
| Cynthia Choi | Secretary | 1 | — |
| David Harrison | Board Director | 1 | — |
| Elizabeth Hines | Board Director | 1 | — |
| Fred Azcarate | Board Chair | 1 | — |
| Jonathan Glionna | Vice Chair | 1 | — |
| Kent Wong | Board Director | 1 | — |
| Linda Colon | Treasurer | 1 | — |
| May Beth Maxwell | Board Director | 1 | — |
| Vincent Warren | Board Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Patterson Belknap Webb & Tyler LLP | Legal Fees | $340,034 |
| Justice Leadership Solutions | Program Consulting | $236,926 |
| Quinn Carlin | Program Consulting | $227,000 |
| Marga Inc | Program Consulting | $154,250 |
| Ladha Alnor | Program Consulting | $113,090 |
Grants received · $15.8M total
90 grants to New World Foundation totaling $15.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Delivering Good Inc | Poverty assistance | 2024 | $229,528 |
| Silicon Valley Community Foundation | General nonprofit support | 2024 | $150,000 |
| Rockefeller Philanthropy Advisors Inc | Philanthropy, voluntarism & grantmaking foundations, environment, youth development | 2024 | $150,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $56,300 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $25,000 |
| Community Foundation For Greater Buffalo Inc | Charitable support. any restrictions have been communicated to the grantee. | 2024 | $20,000 |
| The Community Foundation Inc | General purposes | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Rsf Social Finance Inc | For the local economies project | 2023 | $1,563,966 |
| Delivering Good Inc | Poverty assistance | 2023 | $391,751 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $103,093 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $82,000 |
| Boston Foundation Inc | Operating support/annual fund | 2023 | $75,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $20,000 |
Grants made · $16.3M in FY2023
123 grants totaling $16.3M in FY2023 — showing the 15 largest. All grants made by New World Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Heritage Training and Career Center | General support | $6,286,343 |
| Prestamos Cdfi LLC | To support workforce development services to small, minority/women businesses in economically distressed rural areas | $3,000,000 |
| Shared Capital Coop | To support project equity in their work with small business to retain their local economic impact and provide pre-to-post transactional support for esops and worker cooperative transitions | $1,500,000 |
| Greater Birmingham Ministries Inc | General support | $706,265 |
| Childrens Hunger Fund | General support | $574,456 |
| Grassroots International Inc | Is support of multiple purposes | $410,000 |
| Environmental Voter Project Inc | In support of its work in houston | $395,000 |
| Goodness Outreach Depot | General support | $125,722 |
| Hudson River Housing | In support of the solar project at hudson river lodging as part of a larger green retrofit of transitional housing | $100,000 |
| Young Mens Christian Association of Kingston and Ulster County | In support of the installation of heat pumps, insulation, and air sealing for the main gymnasium, aimed at reducing fossil fuel reliance. | $100,000 |
| Hawthorne Valley Association Inc | In support of providing partial funding in support of the necessary implementation of a campus-wide plan to transition away from oil, replace windows, and increase insulation. | $83,000 |
| Christian Appalachian Project Inc | General support | $80,000 |
| United Cajun Navy | General support | $80,000 |
| Community Center Fund | In support of marbletown community center's initiatives for insulation and geothermal systems, aimed at achieving net zero energy consumption | $78,250 |
| Showing Up For Racial Justice Inc | In support of its work | $75,000 |
Similar organizations in Philanthropy
- Philanthropy
Adirondack Foundation
Lake Placid, NY
$21.6M
Bannual revenue
Philanthropy
Datakind
Brooklyn, NY
$21.9M
Bannual revenue
Philanthropy
The Good Nation Foundation Inc
New York, NY
$22.1M
Bannual revenue
Philanthropy
Freedom Fund
Brooklyn, NY
$19.7M
C+annual revenue
Philanthropy
Matbia Charities A Nj Nonprofit Corporation
Brooklyn, NY
$19.1M
Bannual revenue
- Philanthropy
American Friends of B Nai Levy Foundation
Brooklyn, NY
$18.8M
Dannual revenue
Philanthropy
Rofeh Cholim Cancer Society Inc
Brooklyn, NY
$24.0M
Bannual revenue
Philanthropy
Clara Lionel Foundation
New York, NY
$24.0M
Bannual revenue
- Philanthropy
Keren Hayeshivot Trust
Brooklyn, NY
$17.7M
C+annual revenue
- Philanthropy
Deed Community Giving Foundation
Brooklyn, NY
$17.0M
C+annual revenue
Compare New World Foundation
Frequently asked questions
- Is New World Foundation a legitimate nonprofit?
- Yes. New World Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-1919791, based in New York, New York. Donations are tax-deductible.
- What is New World Foundation's EIN?
- New World Foundation's Employer Identification Number (EIN) is 13-1919791.
- How much revenue does New World Foundation report?
- New World Foundation reported $21,212,750 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of New World Foundation's spending goes to programs?
- New World Foundation spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does New World Foundation have?
- CharityIndex grades New World Foundation B+, based on program efficiency and fundraising cost.
- How much does New World Foundation's highest-paid employee make?
- The highest reported compensation on New World Foundation's latest Form 990 is $375,540, paid to Colin Greer (President).
More nonprofits in New York
Explore more
Data for New World Foundation (EIN 13-1919791) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.