Private foundation (trust)EIN 562453619Est. 2005-11
NEWALLIANCE FOUNDATION INC
NEW HAVEN, CT 065102009
Accepts unsolicited proposalsTotal Assets
$32.2M
FY 2024
Annual Giving
$994K
FY 2024
Grants Made
144
FY 2024
Avg Grant
$7K
FY 2024
Grant Range
$50–$25K
Typical
Deadlines
Please refer to our website www.newall…
Applications
Programs & Activities
Program 1
$54KReady for the grade - newalliance foundation established ready for the grade, a partnership with public libraries in the foundation's service area to reduce the loss in reading ability low-income children grades k-3 experience during the summer. In 2024, 6 libraries participated in the program, serving 119 students. All but one student maintained or improved reading levels over the course of the summer. Staff of the libraries convene twice a year to report the status of the program and share successes and challenges. An independent evaluator collects data, measures impact, observes each program in operation, and publishes a written report to document findings. Newalliance foundation staff also visit each site. The intention is for students to enter school in september ready to learn, solid in their retained reading skills, and with the same literacy advantages as their non-low-income peers.
Financial Snapshot
2024 filing
Total Revenue
$1.2M
Total Expenses
$1.8M
Qualifying Distributions
$1.6M
Distributable Amount
$1.5M
Min. Investment Return
$1.6M
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
144 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
4 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
500 grants
Grant Size Distribution
500 grants
Geographic Focus
7 states
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