NewCity Foundation
Preselected recipients only
NewCity Foundation is a private foundation in Vienna, Virginia. In tax year 2024 it gave $1.8 million in 3 grants; the typical grant was $540,000 and the largest $1.1 million. 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$1.8 million
- Number of grants3
- Typical grant$540,000
- Largest grant$1.1 million
- Assets$17.3 million
- New grantees33%
Giving in 2024 was up from $158,475 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $158,475 | 2 | $14.9 million |
| 2024 | $1.8 million | 3 | $17.3 million |
How to apply
NewCity Foundation 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 NewCity Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to North Carolina.
| State | Grants | Amount |
|---|---|---|
| North Carolina | 1 | $1.1 million |
| Virginia | 2 | $740,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Reformed Theological Seminary | Tuition | $1.1 million |
| Tyler Dental Clinic | For building costs | $540,000 |
| NewCity Church | Operating Costs | $200,000 |
Officers and trustees
- Peter Luke Gibson
- Steve Young
- Paul Jin
- Gina Jeon
Questions people ask
Does NewCity Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does NewCity Foundation give?
$1.8 million in tax year 2024, across 3 grants, with a typical grant of $540,000.
Who runs NewCity Foundation?
Its 2024 filing lists Peter Luke Gibson (Director & President), Steve Young (Director & Vice President), Paul Jin (Director & Secretary) and Gina Jeon (Director & Treasurer).
What does NewCity Foundation fund?
Based on its grants, mainly education, health and faith communities.