New Philanthropists
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $355,429
- Spending
- $329,864
- Spent on programs
- 73%
- Reserves
- 11.4 months of spending
- Largest source of income
- donations and private grants, 82%
- Employees
- 1
- Volunteers
- 15
- Highest pay
- $95,000, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 67% of charities in its peer group (philanthropy, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 11.4 months of spending.
Debt
20 of 20It owes -0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 7% of income.
Income trend
15 of 15Income rose 40% on the year before.
Spending floor
15 of 1573% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 71 out of 100. Higher than 45% of charities in its peer group (philanthropy, $250k to $1m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $3,700 spent. FIRST LOOK ASSESSMENT PROGRAM: FIRST LOOK IS A BOARD DIVERSITY AND INCLUSION ASSESSMENT THAT HELPS AN ORGANIZATION PREPARE FOR THE TRANSFORMATIONAL PROCESS, OR CHANGE, REQUIRED TO INCREASE DIVERSITY. IT IDENTIFIES AN ORGANIZATION'S STRENGTHS AND WEAKNESSES AND THE POTENTIAL CHALLENGES THAT MIGHT ARISE WHEN IMPLEMENTING NEW PROCESSES, STRUCTURES AND POSITIONS WHEN ADJUSTING ITS CULTURE. INCLUSION ASSESSMENTS ARE A CRITICAL TOOL FOR ORGANIZATIONS PREPARING FOR THEIR JOURNEY TOWARDS DIVERSITY, EQUITY AND INCLUSION. IN 2023, WE LAUNCHED TWO COHORTS OF NONPROFITS THROUGH A PARTNERSHIP WITH AUSTIN OUTSIDE AND JPMORGAN CHASE. IN 2023 TNP HAD 8 NONPROFITS PARTICIPATING IN THIS PROGRAM,ADMINISTRATING 83 ASSESSMENTS WITH BOARDAND EXECUTIVE LEADERS, 9 STRATEGY SESSIONS AND 9 RECRUITMENT WORKSHOPS. IN ALL, TNP HAS HAD 23 NONPROFITS PARTICIPATE IN THIS PROGRAM SINCE ITS LAUNCH IN 2018. WE LOOK FORWARD TO CONTINUING THIS COLLECTIVE IMPACT APPROACH IN 2024 AND BEING A RESOURCE FOR NONPROFITS.
- $1,020 spent. THE EQUITY WORKSHOP SERIES: THESE WORKSHOPS PROVIDE DIVERSITY, EQUITY & INCLUSION (DEI) TRAINING AND PROGRAMMING IN ORDER TO HELP BOARD PROSPECTS AND MEMBERS OF COLOR, AND ALLIES, AND LEADERS NAVIGATE THROUGH NONPROFIT BOARDS. THEY INCLUDE: TAKE THE LEAD, INTRO TO INCLUSIVE LEADERSHIP, THE EQUITY CHAIR PART 1, AND THE EQUITY CHAIR PART 2, AUSTIN HISTORY 2.0, AND LGBTQ+ INCLUSIVITY. TNP HAS INCREASED ITS PROGRAMMING THROUGH THESE WORKSHOPS BY OFFERING THEM AT NONPROFIT BOARD RETREATS, PUBLICLY AND THROUGH ITS CORPORATE MEMBERSHIP PROGRAM WHICH HAS STRENGTHENED SPONSORSHIP PARTNERSHIPS INCLUSIVE OF H-E-B, CAPMETRO, ILHIGH, LOCAL AND STATEWIDE CONFERENCE SESSIONS AND MORE. AS OF 2023 TNP HAS HELD 35 WORKSHOPS AND HAD OVER 815 PARTICIPANTS.
- $53,862 spent. THE BOARD MATCHING PROGRAM: THIS PROGRAM IS FOUNDED IN THE VALUES THAT SUPPORT OUR MISSION TO CREATE A MORE RACIALLY DIVERSE, EQUITABLE AND INCLUSIVE NONPROFIT BOARD SECTOR. IT PROVIDES PLACEMENT OPPORTUNITIES FOR NONPROFIT BOARDS AND BOARD PROSPECTS THAT FOCUS ON MEANINGFUL CONNECTIONS AND FOCUSES ON AUTHENTIC RELATIONSHIP BUILDING STRATEGIES. TNP IS CAPTURING RICH DATA THROUGH THE APPLICATION PROCESS AND HAS SEEN THAT NONPROFITS THAT HAVE BEEN MATCHED BEFORE ARE RETURNING FOR MORE MATCHES, AS WELL THAT BOARD PROSPECTS OF COLOR ARE OPTING TO BE PLACED ON MORE THAN ONE NONPROFIT BOARD. IN 2023, 80% OF BOARD PROSPECT APPLICANTS WERE PLACED ON NONPROFIT BOARDS AND AT THE END OF THAT YEAR WE HAD A TOTAL OF 55 BOARD PLACEMENTS ON 38 NONPROFIT BOARDS.
- $181,571 spent. OTHER PROGRAM ACTIVITIES INCLUDE INTRODUCTION TO INCLUSIVE LEADERSHIPTRAINING, AND CONSULTING.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.