New Beginning Foundation Inc
Preselected recipients only
New Beginning Foundation Inc is a private foundation in Ocean Grove, New Jersey. In tax year 2024 it gave $10,000 in 1 grant; the typical grant was $10,000 and the largest $10,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$10,000
- Number of grants1
- Typical grant$10,000
- Largest grant$10,000
- Assets$717,429
- New grantees100%
Giving in 2024 was up from $6,500 the year before.
100% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2021 | $24,100 | 3 | $715,206 |
| 2023 | $6,500 | 1 | $732,662 |
| 2024 | $10,000 | 1 | $717,429 |
How to apply
New Beginning Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What New Beginning Foundation Inc funds
Where it gives
All of its grants went to recipients in New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| St Paul's United Methodist Church | Charitable purposes. | $10,000 |
Officers and trustees
- Carol Boniello
- Peter Herr
- Stephen Downing
- Wendy Stockdale
- Roberta Mitchell
Questions people ask
Does New Beginning Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does New Beginning Foundation Inc give?
$10,000 in tax year 2024, across 1 grant, with a typical grant of $10,000.
Who runs New Beginning Foundation Inc?
Its 2024 filing lists Carol Boniello (President/Trustee), Peter Herr (Vice President/Trustee), Stephen Downing (Trustee) and Wendy Stockdale (Treasurer/Trustee) among 5 officers and trustees.
What does New Beginning Foundation Inc fund?
Based on its grants, mainly faith communities.