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Filing year 2023

New Horizon Foundation

Evanston, Illinois·EIN 36-3406294·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$527k
Total assets
$4.9M
Total expenses
$605k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2023. New Horizon Foundation reported 5 unpaid officers and board members on its 990-PF.

President, Director
Secretary/treasurer
Director
Director
Vice President

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$564k

Itemized grants

70

Median grant

$5k

RecipientLocationPurposeAmount
Connections for the HomelessEvanston, ILHousing/Shelter$52k
Black Pine Circle SchoolBerkeley, CAEducation$50k
The Sausalito FoundationSausalito, CANature Preservation$50k
Falmouth AcademyFalmouth, MAEducation$25k
Doctors Without BordersNew York, NYHuman Services/International$21k
Partners in HealthBoston, MACommunity Health Care$18k
International Rescue CommitteeNew York, NYHuman Services/International$17k
Ploughshares FundSan Francisco, CAPublic Affairs$16k
Greater Chicago Food DepositoryChicago, ILHuman Services/USA$15k
Read AheadNew York, NYHuman Services/USA$15k
The Borneo ProjectBerkeley, CAHuman Services/International$15k
LTFHCChicago, ILHealth/Community Service$15k
Environmental Defense FundNew York, NYEnvironment$11k
Natural Resources Defense CouncilWashington, ILEnvironment$11k
US Fund for UNICEFNew York, NYHuman Relations$11k
Evanston Community FoundationEvanston, ILHuman Services/USA$10k
Lyric Opera of ChicagoChicago, ILArts & Culture$10k
Save the ChildrenFairfield, CTHuman Services/International$10k
Woods Hole Public LibraryWoods Hole, MAArts & Culture$10k
Commonwealth SchoolBoston, MAEducation$10k
Our Children's TrustEUGENE, ORPersonal Services$10k
Scripps Institution of OceanographyLa Jolla, CAEducation$10k
Steppenwolf Theater CompanyChicago, ILArts & Culture$9k
Massachusetts General Cancer CenterBoston, MAHealth Services$8k
Oxfam AmericaBoston, MAHuman Services/International$8k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

New Horizon Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$180k
$445k
2022
$527k
$605k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

New Horizon Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Illinois earns a median of $20,738.

25th percentile
$7k
Median
$20,738
75th percentile
$60k
90th percentile
$148k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,342 organizations across 2,342 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about New Horizon Foundation

What are New Horizon Foundation's revenue and expenses?

In 2023, New Horizon Foundation reported $527k in total revenue and $605k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.