About New Community
The New Community Corporation funnels most of its giving into a small set of Newark-based, affiliated nonprofits that provide direct services to low-income residents. Grants overwhelmingly support operating costs for work-force development, supportive housing, early childhood education, and community financial services, with a focus on sustaining core programs rather than one-off projects. The foundation prefers local, mission-aligned organizations and appears to prioritize stability and capacity over broad geographic reach.
Focus Areas
Workforce development and job-placement programs in Newark (New Community Employment Services)Supportive housing and reentry/resident services (New Community Harmony House)Early childhood education and childcare centers serving low-income families (Community Hills Early Learning Center)Community financial services and credit union capacity-building for underserved neighborhoods (New Community Federal Credit Union)
Giving Approach
Highly concentrated, local giving: few large grants (many multi-grant relationships) that are primarily unrestricted/operating support to affiliated organizations; repeat funding to core grantees rather than broad or one-time grants.
Funding Style
About New Community
New Community Corporation’s recent grantmaking is built around a small circle of Newark-based affiliates, with operating support flowing year after year to organizations that deliver direct services in the city. The largest recent grant, $800,000 in 2025, went to New Community Employment Services Corp, underscoring how central workforce development is to the foundation’s portfolio. That same group received $750,000 in 2023 and $425,000 in 2024, showing repeated support rather than one-time project funding. The foundation also backed New Community Harmony House Corp with multiple $100,000 operating grants, reflecting ongoing support for housing and resident services tied to its local network. Community Hills Early Learning Center Inc appears repeatedly as well, signaling a steady commitment to early childhood education for low-income families. New Community Federal Credit Union received operating support too, connecting the grantmaking to community financial services. Across these grants, the pattern is consistent: the foundation funds core operating costs for affiliated organizations serving Newark residents.
What New Community Funds
Workforce development is the clearest funding area in the recent record. New Community Employment Services Corp received $800,000 in 2025, $425,000 in 2024, and $750,000 in 2023, all marked operating support. Early childhood education is another repeated priority. Community Hills Early Learning Center Inc received $100,000 in 2025, $100,000 in 2024, and $100,000 in 2023, again as operating support. Supportive housing and resident services show up through New Community Harmony House Corp, which received $100,000 in 2025, $100,000 in 2024, and $100,000 in 2023. The foundation also supports community financial services: New Community Federal Credit Union received $188,324 in 2023 for operating support.
How New Community Gives
The typical grant size is tightly grouped at $100,000, with a median of $100,000 and a 75th percentile of $306,662; the 25th percentile is also $100,000. That fits a pattern of sustained operating grants, often repeated to the same recipients across multiple years. The foundation is a regular funder and makes program-related investments. Its grantmaking is local, and the recent record shows full concentration in New Jersey recipients. Funding is oriented toward core costs rather than project-specific support.
Financial Snapshot
Annual Giving
$1M
Total Assets
$92.4M
Total Revenue
$15.3M
Total Expenses
$13.9M
Typical Grant Size
Most grants fall between $100K and $307K, with a median of $100K.
25th Percentile
$100K
Median
$100K
75th Percentile
$307K
Geographic Reach
Local1 state funded
Funding intensity
LowHigh
Headquarters
Leadership
SIMONE GAGNERONE
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