About New World Foundation
The New World Foundation funds grassroots organizing and movement-building to expand democratic participation, advance economic opportunity and mobility, and address climate and health injustices by investing in community-led solutions, leadership development, and long-term infrastructure for social change.
Focus Areas
Democracy and voting rightsCivic engagement and organizingEconomic justice, worker power, job qualityCommunity resilience and local economiesClimate justice and environmental healthLeadership developmentGrassroots movement building
Who They Fund
small minority- and women-owned businesses in economically distressed rural areasemployees/owners pursuing ESOP or worker cooperative transitionsresidents of transitional housing and low-income communities
About New World Foundation
A $6.3 million general-support grant to Heritage Training and Career Center stands out in The New World Foundation’s recent giving, alongside other large unrestricted awards to community-based organizations. The pattern points to a funder that backs institutions already doing organizing, service, and capacity-building work, rather than narrowly defined project grants. Across the recent grants list, the foundation supports groups working on economic mobility, worker power, climate justice, civic participation, and community resilience. The New World Foundation also shows a consistent interest in infrastructure for social change. It gave $3 million to Prestamos CDFI LLC to support workforce development services to small, minority- and women-owned businesses in economically distressed rural areas, and $1.5 million to Shared Capital Coop for Project Equity’s work on small business retention and pre-to-post transactional support for ESOPs and worker cooperative transitions. Those awards sit alongside a broader portfolio that includes labor, environmental justice, and democratic participation. Recent general-support grants to organizations in places like Houston, Cleveland, Birmingham, and Los Angeles reinforce that the foundation funds groups embedded in local communities and movement ecosystems.
What New World Foundation Funds
Economic mobility is a clear throughline. The New World Foundation awarded $3 million to Prestamos CDFI LLC for workforce development services to small, minority- and women-owned businesses in economically distressed rural areas, and $1.5 million to Shared Capital Coop for Project Equity’s work on small business retention and pre-to-post transactional support for ESOP and worker cooperative transitions. The foundation also funds labor and job-quality efforts. It gave $280,000 to Per Scholas, and its active program areas include worker power, labor rights, and workforce development. In the climate and environmental space, it made a $378,500 grant to Calcef Innovations dba New Energy Nexus for general support, while another grant supported Environmental Voter Project Inc in its work in Houston. Civic participation is another explicit focus through its civic engagement program, which supports voting rights and democratic participation.
How New World Foundation Gives
Typical grant size clusters at $15,000 at the 25th percentile, a median of $25,000, and $51,000 at the 75th percentile. At the same time, the recent list includes several much larger general-support grants, which suggests a mixed portfolio of smaller grants and sizable institutional awards. The foundation is a regular funder and also makes program-related investments. Its recent grants include repeated awards to the same organizations across years, such as Heritage Training and Career Center and Grassroots International, indicating recurring relationships rather than one-off support. Unsolicited applications are not accepted in at least some program areas, including civic engagement, climate action, climate & health, and quality jobs.
Financial Snapshot
Annual Giving
$10.3M
Total Assets
$233.3M
Total Revenue
$132.5M
Total Expenses
$20.2M
Typical Grant Size
Most grants fall between $15K and $51K, with a median of $25K.
25th Percentile
$15K
Median
$25K
75th Percentile
$51K
Geographic Reach
National36 states funded
Funding intensity
LowHigh
Headquarters
Leadership
COLIN GREER
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