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The NewMarket Foundation at a glance

· Private foundation

The NewMarket Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$1.7M
Granted FY2024still arriving
1
Grants FY2024still arriving
1
States reached
$1.7M
Largest
01What it fundsRead
02Its granteesRead
03Its fieldRead
04Through PlinthRead
01What it funds
0193% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Education$2.3MArts & Culture$856kHealth$358kPhilanthropy$200kRecreation & Sports$101kHuman Services$68kEnvironment$13kAnimals$10kOther$0
02FY2024 · 1 grant

Where the money goes

Grants by size, and the largest recipients.

$1,661,324
Median grant
1
States reached
$20M
Total assets
Largest grants
RecipientAmount
Various$1,661,324
02Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

68%of every dollar goes to organizations it has funded before.
$3.8M · 58 repeat orgs$1.8M to everyone else

58 repeat relationships: 0 still active in FY2024, 58 since wound down; 1 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

58
35

Total granted

$3.8M
$114k

Median revenue growth · since first grant

+27%
+36%

Still filing today

66%
63%

New vs renewed · share of each year

In FY2024, 0% of grant dollars renewed an existing relationship; $1.7M went to new ones.

50%100%’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24
EducationArts & CultureHealthHuman ServicesEnvironmentInternationalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • SA
    St Andrew's School
    4× · 2020–2023 · $1.1M · revenue +51%
  • SM
    SCIENCE MUSEUM OF VIRGINIA FOUNDATION INC
    3× · 2020–2022 · $264k · revenue +56%
  • NM
    National Merit Scholarship Corporation
    4× · 2020–2023 · $169k · revenue +34%

Funded once

  • RF
    RICHMOND FISHER HOUSE FOUNDATIONgraduated
    one grant, 2020 · $25k · revenue +417%
  • CO
    COLLEGE ORIENTATION WORKSHOP INCgraduated
    one grant, 2020 · $25k · revenue +36%
  • DU
    Ducks Unlimited Inc.
    one grant, 2020 · $10k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

03Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
University of Virginia Investment Management Company

The university of virginia investment management company (uvimco) is organized to invest funds on behalf of the rector and visitors of the university of virginia (the university or uva) and university-associated organizations (uaos).

Education
2
Vcu Investment Management Company

To provide investment and investment management and related services to the rector and the board of visitors of virginia commonwealth university (vcu), and/or to the private and independent foundations and other entities affiliated with…

Education
3
University of Virginia Foundation

To provide administrative services to university of virginia (university) entities, university associated organizations, or other entities involved in activities which support the university. to engage in matters pertaining to real…

Education
4
Virginia Wesleyan University

Virginia wesleyan university is a fully accredited liberal arts, united-methodist related institution founded in 1961.

—
5
Jefferson Scholars Foundation

The jefferson scholars foundation (foundation) provides academic merit-based scholarship, fellowship and professorship support to students and faculty at the university of virginia (uva).

Philanthropy
6
Virginia Commonwealth University Intellectual Property Foundation

The foundation determines the patentability and obtains patents on virginia commonwealth university (vcu) inventions and markets and licenses such inventions to commerical entities. the foundation's activities promote research efforts at…

Health
7
University of Virginia Law School Foundation

The university of virginia law school foundation's primary purpose is to receive, manage and expend funds for the benefit of the university of virginia school of law.

Education
8
Columbia College

Columbia college improves lives by providing quality education to both traditional and nontraditional students, helping them achieve their true potential.

Education
9
Marymount University

Marymount is a nationally ranked comprehensive catholic university, guided by the traditions of the religious of the sacred heart of mary, that emphasizes intellectual curiosity, service to others, and a global perspective. a marymount…

—
10
Washington & Jefferson College

To graduate people of uncommon integrity, competence, and maturity, who are effective lifelong learners and responsible citizens, and who are prepared to contribute substantially to the world in which they live.

Education
11
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
12
Medical College of Va Foundation

To support and foster vcu health and vcu health sciences through philanthropy, stewardship, innovation, communication, and collaboration.

Education
How this is measured
The grantee most central to the portfolio’s shape is West Virginia University Foundation Inc; the most unlike its peers is Richmond Police Athletic League. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
03the grantee network

63 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 63 of the 96 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
14
Early backer (in before they grew)
62/63
Grantees still filing
50/63
Grew since first funded

Where the money sits, by cause and then by grantee

Various: $1,661,324 · OtherVariousAnne Julia Cooper Episcopal School: $750,000 · OtherAnne Julia Cooper Episcopal SchoolThe Civil War Museum: $500,000 · OtherThe Civil War MuseumUNITED WAY OF GREATER RICHMOND & PETERSBURG: $200,000 · OtherUNITED WAY OF GREATER RICHMOND & PETERSBURG+49 more: $411,450 · Other+49 moreSt Andrew's School: $1,051,000 · EducationSt Andrew's SchoolNational Merit Scholarship Corporation: $168,760 · EducationNational Merit Scholarship C…VA FOUNDATION FOR INDEPENDENT COLLEGES: $70,000 · Education+21 more: $100,055 · Education+21 moreSCIENCE MUSEUM OF VIRGINIA FOUNDATION INC: $263,500 · Arts & CultureTHE VALENTINE MUSEUM: $25,000 · Arts & CultureVirginia Museum of Fine Arts Foundation: $20,000 · Arts & CultureVIRGINIA HISTORICAL SOCIETY: $20,000 · Arts & Culture+2 more: $12,500 · Arts & CultureThe Virginia Home: $90,000 · HealthChildren's Hospital and Healthcare Services Foundation: $35,000 · HealthBLOOD CANCER UNITED INC: $10,500 · HealthMAKE-A-WISH FOUNDATION OF GREATER VIRGINIA: $7,500 · HealthSHELTERING ARMS HOSPITAL: $6,250 · Health+1 more: $1,075 · HealthWORLD PEDIATRICS: $113,500 · InternationalJUNIOR ACHIEVEMENT OF CENTRAL VA INC: $10,000 · InternationalSEAL Veterans Foundation: $30,000 · Human ServicesRICHMOND FISHER HOUSE FOUNDATION: $25,000 · Human Services+2 more: $1,500 · Human ServicesMETROPOLITAN RICHMOND SPORTS BACKERS: $30,000 · Recreation & Sports
Other$3,522,774Education$1,389,815Arts & Culture$341,000Health$150,325International$123,500Human Services$56,500Recreation & Sports$30,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetSt Andrew's School: $1,051,000 over 4y, 12% of budgetSCIENCE MUSEUM OF VIRGINIA FOUNDATION INC: $263,500 over 3y, 4.4% of budgetUNITED WAY OF GREATER RICHMOND & PETERSBURG: $200,000 over 4y, 0.3% of budgetNational Merit Scholarship Corporation: $168,760 over 4y, 0.1% of budgetWORLD PEDIATRICS: $113,500 over 4y, 0.6% of budgetThe Virginia Home: $90,000 over 3y, 0.1% of budgetVA FOUNDATION FOR INDEPENDENT COLLEGES: $70,000 over 4y, 2.4% of budgetGEORGE C MARSHALL RESEARCH FOUNDATION: $51,000 over 2y, 3.5% of budgetASK CHILDHOOD CANCER FOUNDATION: $50,000 over 4y, 0.7% of budgetChildren's Hospital and Healthcare Services Foundation: $35,000 over 4y, 0.0% of budgetMETROPOLITAN RICHMOND SPORTS BACKERS: $30,000 over 3y, 0.2% of budgetSEAL Veterans Foundation: $30,000 over 3y, 3.5% of budgetVMI Foundation: $25,624 over 4y, 0.0% of budgetRICHMOND FISHER HOUSE FOUNDATION: $25,000 over 1y, 5.9% of budgetCOLLEGE ORIENTATION WORKSHOP INC: $25,000 over 1y, 6.2% of budgetTHE VALENTINE MUSEUM: $25,000 over 2y, 0.3% of budgetVirginia Museum of Fine Arts Foundation: $20,000 over 3y, 0.0% of budgetVIRGINIA HISTORICAL SOCIETY: $20,000 over 4y, 0.0% of budgetRichmond Police Athletic League: $20,000 over 4y, 6.9% of budgetWilliam & Mary Foundation: $15,400 over 4y, 0.0% of budgetRICHMOND PARADE INC: $14,000 over 3y, 2.7% of budgetBLOOD CANCER UNITED INC: $10,500 over 4y, 0.0% of budgetFATHER MCGIVNEY CATHOLIC HIGH SCHOOL: $10,500 over 3y, 0.1% of budgetJUNIOR ACHIEVEMENT OF CENTRAL VA INC: $10,000 over 2y, 0.5% of budget1708 Gallery Inc: $10,000 over 4y, 0.7% of budgetWALKERTON COMMUNITY FIRE ASSOCIATION INC: $8,500 over 3y, 2.5% of budgetST CHRISTOPHER'S SCHOOL FOUNDATION: $7,550 over 4y, 0.0% of budgetCAPITAL REGION LAND CONSERVANCY INC: $7,500 over 2y, 0.3% of budgetVIRGINIA REPERTORY THEATRE: $7,500 over 3y, 0.1% of budgetMAKE-A-WISH FOUNDATION OF GREATER VIRGINIA: $7,500 over 3y, 0.1% of budgetSHELTERING ARMS HOSPITAL: $6,250 over 4y, 0.0% of budgetDOANE UNIVERSITY: $6,000 over 3y, 0.0% of budgetTHE LINKS FOUNDATION INCORPORATED: $5,000 over 1y, 0.1% of budgetJAMES RIVER ASSOCIATION: $5,000 over 1y, 0.1% of budgetMAYMONT FOUNDATION: $5,000 over 2y, 0.1% of budgetCOMMUNITIES IN SCHOOLS OF RICHMOND INC: $5,000 over 1y, 0.1% of budgetST JOHN'S CHURCH FOUNDATION: $5,000 over 2y, 0.4% of budgetTHE JUNIOR LEAGUE OF RICHMOND VIRGINIA INC: $3,400 over 3y, 0.1% of budgetFRIENDS OF THE JAMES RIVER PARK: $2,500 over 1y, 0.4% of budgetST CATHERINE'S SCHOOL FOUNDATION: $2,006 over 1y, 0.0% of budgetDavidson College: $2,000 over 1y, 0.0% of budgetVIRGINIA UNION UNIVERSITY: $1,500 over 1y, 0.0% of budgetALZHEIMER'S DISEASE & RELATED DISORDERS ASSOCIATION INC: $1,075 over 1y, 0.0% of budgetRICHMOND MONTESSORI SCHOOL INC: $1,000 over 1y, 0.0% of budgetTHE COLLEGIATE SCHOOL: $1,000 over 2y, 0.0% of budgetBLUE SKY FUND: $1,000 over 1y, 0.1% of budgetBETHANY COLLEGE: $800 over 2y, 0.0% of budgetVIRGINIA TECH FOUNDATION INC: $700 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Community Foundat…Dominion Energy Chari…Universal Leaf Founda…Tesco FoundationCarmax FoundationRichard S Reynolds Fo…Robins FoundationThe Mary Morton Parso…Massey Family Foundat…The Pauley Family Fou…Robert G Cabell III a…Williams Mullen Found…
The Community Foundation IncVA46.4× affinity22 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Community Foundation Inc · Dominion Energy Charitable Foundation · Universal Leaf Foundation · Tesco Foundation · Carmax Foundation · Richard S Reynolds Foundation · Robins Foundation · The Mary Morton Parsons Foundation · Massey Family Foundation · The Pauley Family Foundation · Robert G Cabell III and Maude Morgan Cabell Foundation · Williams Mullen Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.
04Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to The NewMarket Foundation?

Find your warmest path to The NewMarket Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 96 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on NewMarket’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home