GrantAuthority

Economic Corporation of Newport Inc

Grantmaking foundation in Newport, New Hampshire · EIN 22-3259325

Total giving
$20KTax year 2025
Total assets
$1.9MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

DEVELOP A PLAN FOR ECONOMIC DEVELOPMENT IN NEWPORT, NH, TO PROVIDE THE FOUNDATION FOR STRENGTHENING THE LOCAL ECONOMY AND TO PROMOTE A FAVORABLE CLIMATE FOR ECONOMIC GROWTH OVER AN EXTENDED PERIOD OF TIME, INCLUDING SUPPORTING JOB CREATION OPPORTUNITIES FOR LOW TO MODERATE INCOME PERSONS IN THE NEWPORT, NH AREA THORUGH THE RECRUITMENT OF NEW BUSINESSES.

Quoted from the foundation's IRS filing.

Giving by year

$38K2020
$34K2021
$240K2023
$28K2024
$20K2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Town of Newport$30K2020
Paul Smiths College$2.6K2020
Hy-On-A-Hill Trout Farm$1.3K2020

Amounts are rounded. The full grantee list is available with a free account.

Website: www.newportnh.gov/economic-development

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Similar foundations in New Hampshire

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.