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The Charlotte W. Newcombe Foundation

Profile

Last profile update: 04/24/2017
Last grant data update: 09/21/2017

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

EIN

232120614

BRIDGE Number

6949055962

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.