Overview

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Est.

2017

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

THE NEW PHILANTHROPISTS is a nonprofit organization dedicated to promoting diversity, equity, and inclusion within nonprofit boards, specifically aiming to provide leaders of color with access to board service opportunities. With an operating budget of $329.9K and total revenue of $355.4K for the 2024 filing year, the organization focuses on fostering an anti-racist board leadership model to enhance community service effectiveness. It does not rely on a single funder for 50% or more of its revenue and operates through various financial contributions, as detailed on their website, www.tnpaustin.org.

Mission Statement

THE NEW PHILANTHROPISTS IS AN ORGANIZATION THAT CULTIVATES DIVERSITY, EQUITY AND INCLUSION VALUES ON NONPROFIT BOARDS IN ORDER FOR LEADERS OF COLOR TO GAIN ACCESS AND OPPORTUNITY INTO BOARD SERVICE, SUSTAINS A BOARD LEADERSHIP MODEL WHERE ALL CAN THRIVE THROUGH AN ANTI-RACIST COMPREHENSIVE PROCESS, AND ENABLES NONPROFITS TO BE MORE EFFECTIVE STEWARDS OF PUBLIC TRUST SO THAT THEIR COMMUNITIES ARE BETTER SERVED.
Revenues
$355.4K
Expenses
$329.9K
Net Income:
+$25.6K
Assets
$312.5K
Liabilities
-$220
Net Assets:
+$312.7K
Operating Budget
$329.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$20K
Largest grant received
$87.8K
P
Paulina Artieda
Board Member
L
Laressa Quintana
Board Member
I
Ian Burk
Board Member

Frequently Asked Questions

What is THE NEW PHILANTHROPISTS’s budget?
In 2024, THE NEW PHILANTHROPISTS reported an annual operating budget of around $330 thousand. More detailed financial information is available to registered users.
What causes does THE NEW PHILANTHROPISTS support?
THE NEW PHILANTHROPISTS supports work in Voluntarism.
Where does THE NEW PHILANTHROPISTS operate?
THE NEW PHILANTHROPISTS is headquartered in Austin, TX.
Who funded THE NEW PHILANTHROPISTS recently?
In 2024, THE NEW PHILANTHROPISTS received grants from St David's Foundation, AUSTIN COMMUNITY FOUNDATION INC, and MICHAEL & ALICE KUHN FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE NEW PHILANTHROPISTS received in 2024?
The largest grant to THE NEW PHILANTHROPISTS in 2024 exceeds $88 thousand.