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The Charlotte W. Newcombe Foundation

Profile

Last Updated: 2016-07-17

At A Glance

The Charlotte W. Newcombe Foundation

35 Park Pl.

Princeton, NJ United States 08542-6918

Telephone: (609) 924-7022

URL: www.newcombefoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $50,021,513

Total giving: $2,394,731

EIN

232120614

BRIDGE Number

6949055962

Additional Contact Information

Additional e-mail: info@newcombefoundation.org

Background

Trust established in 1979 in PA - The Charlotte W. Newcombe Foundation is an independent foundation that began in 1979 as the result of a bequest from the estate of Mrs. Newcombe, a Philadelphia philanthropist. In her will, Mrs. Newcombe named five Trustees and charged them with creating a foundation that would continue her lifelong interest in supporting students pursuing degrees in higher education. The Charlotte W. Newcombe Foundation was funded with approximately $16 million, half her residual estate. A faithful Presbyterian, she willed the other half to Princeton Theological Seminary. Now based in Princeton, New Jersey, the Newcombe Foundation has awarded grants totaling $58.6 million since 1981 to provide scholarships and fellowships in higher education. For 2013-14, forty-two colleges and universities and one foundation have received grants totaling $2,305,647. The money that students receive in Newcombe Scholarships reflects the foundation's tangible partnership with currently and previously funded institutions. Of the total amount ($2,077,912) awarded to students in 2011-12 in the Scholarships for Mature Women, the Scholarships for Students with Disabilities, and the Special Scholarship Endowment programs, 45% came from direct contributions from the Newcombe Foundation, 27% came from matching funds provided by partner institutions, and 28% came from income earned from Newcombe-endowed funds. The Newcombe Foundation has been honored by the 2011 Visionary Award from the United Spinal Association and Temple University's Disability Resources and Services, by the 2010 James L. Fisher Award from the Council for Advancement and Support of Education (CASE) for distinguished service to education, and as 2009 Outstanding Foundation of the Year by the Greater Philadelphia Chapter of the Association of Fundraising Professionals.

Purpose and Activities

Supporting students in pursuit of degrees in higher education.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Scholarships to students with physical, medical, learning, and psychological handicaps. Partial tuition, internship and special expense scholarships to women 25 and older who have completed half the credits required for their degrees. Fellowships in the humanities and social sciences are also provided to encourage original and significant study of ethical and religious values in all areas of human endeavor. These programs are administered by the Woodrow Wilson National Fellowship Foundation.

Newcombe Doctoral Dissertation Fellowships

These fellowships support students in the final stages of doctoral study whose work offers significant potential for advancing academic scholarship related to ethics and/or religion. Awards are based on a rigorous national competition administered by the Woodrow Wilson National Fellowship Foundation. See web site for application information.

Newcombe Scholarships for Mature Women

Colleges and universities receive grants from the foundation for scholarship aid to women over the age of twenty-five who have earned at least sixty credits towards a bachelor's degree. (The foundation now permits but does not require recipient institutions to extend Newcombe Scholarships to mature men students who meet the eligibility standards outlined in the foundation’s policy guiding selection of Newcombe Scholars.) Each funded institution is responsible for selection of recipients and scholarship administration according to the foundation's guidelines. Campus committees of counselors, faculty members and financial aid officers review applications, award scholarships and report to the foundation. The foundation's grants in this program are limited to universities and four-year colleges in Pennsylvania, New Jersey, Delaware, Maryland, New York City and Washington, DC.

Newcombe Scholarships for Students with Disabilities

The scholarship supports completion of degrees by students with disabilities who need financial assistance at selected colleges and universities. The foundation's grant in this program are limited to universities and four-year colleges in Pennsylvania, New Jersey, Delaware, Maryland, New York City and Washington, DC. Awards are made directly to colleges and universities on behalf of the individuals. See web site for additional information.

Special Scholarship Endowment Grants

The scholarship supports completion of degrees by economically disadvantaged students at a select group of institutions. The foundation awards grants to selected institutions, not to individual students. Each funded institution selects scholarship recipients and administers the scholarship program according to institutional and foundation policies. See web site for additional information.

Fields of Interest

Subjects
  • Adult education
  • Education
  • Higher education
  • Humanities
  • Undergraduate education
  • University education
Population Groups
  • Economically disadvantaged people
  • Female adults
  • Low-income and poor people
  • People with disabilities

Financial Data

Year ended 2014-12-31

Assets: $50,021,513 (market value)

Expenditures: $2,727,088

Total giving: $2,394,731

Qualifying distributions: $2,662,053