New Harbor Charitable Foundation
Historical FunderChicago, Illinois · EIN 88-1822631 · Private foundation
Half of its grants to organizations were between $1,500 and $2,500.
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2025):
| Contact | Hayley Formolo |
|---|---|
| Address | 500 W Madison St Suite 2830, Chicago IL 60661 |
| Phone | 3128658605 |
| Form and materials | Employees of New Harbor Capital Management, LP can make the submissions requesting a distribution be made. The nomination form includes the following for an organization: its name, size, focus, operating budget, 501 c3 status confirmation, and website. The form also asks if the employee nominating it has any relationship with the organization (example: donor or volunteer) and the requested donation size. The form also requests the reason for nominating the organization. |
| Deadlines | NONE |
| Restrictions | NONE |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
15% of grants went outside Illinois.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Breakthrough | Chicago, IL | Unrestricted | $2,500 |
| Kids First Chicago | Chicago, IL | Unrestricted | $2,500 |
| Compudopt | Downers Grove, IL | Unrestricted | $2,500 |
| Year Up United | Chicago, IL | Unrestricted | $2,500 |
| Erie Family Health Center | Chicago, IL | Unrestricted | $2,500 |
| Chicago's Sunshine Enterprises Inc | Chicago, IL | Unrestricted | $2,500 |
| The Navigators | Colorado Springs, CO | Unrestricted | $2,500 |
| Nourishing Hope Chicago | Chicago, IL | unrestricted | $2,500 |
| Chicago Chess Foundation | Chicago, IL | Unrestricted | $2,500 |
| The CARA Collective | Chicago, IL | Unrestricted | $1,500 |
| Aspire | Hillside, IL | Unrestricted | $1,500 |
| Chicago Parks Foundation | Chicago, IL | Unrestricted | $1,500 |
| Diabetes Will's Way | Carmel, IN | Unrestricted | $1,500 |
| Exodus World Service | Park Ridge, IL | Unrestricted | $1,500 |
| Mitchell Embrace NFP | Richton Park, IL | Unrestricted | $1,500 |
| National Louis University | Chicago, IL | Unrestricted | $1,500 |
| Share Our Spare | Chicago, IL | Unrestricted | $1,500 |
| One Tail at a Time | Chicago, IL | Unrestricted | $1,000 |
| Memorial Sloan Kettering Cancer Center | New York, NY | Unrestricted | $1,000 |
| Forever Fortunate Felines | Palatine, IL | Unrestricted | $300 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $36,800 | 20 |
| 2024 | $31,365 | 18 |
| 2023 | $31,500 | 15 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 14, 2026 - IRS e-file batch, object ID 202631349349104813
- IRS Tax Exempt Organization Search for EIN 88-1822631
- Profile updated Nov 6, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.