The NewMarket Foundation
At a glance
Key takeaways
- The NewMarket Foundation is a US private foundation based in Richmond, VA, and its geographic focus is stated as US, so a charity working anywhere in the country is within its stated area.
- Its stated themes are education, health, social services, cultural activities and community quality of life, so a small charity whose work falls in one of these fields is worth checking against its community programmes.
- The matching-gift route, described in the filing for non-profit educational institutions, is specifically for secondary schools in the United States, so a charity that is not a secondary school should not expect to use it.
- Applications are accepted against fixed deadlines, and matching-gift submissions fall in September, so a grant writer should check the deadline and the three-part form well ahead of that month.
- The filing does not state grant sizes, so a modest, carefully scoped request is a sensible starting point, and the annual total paid is not a guide to what any single organisation would receive.
Overview
The NewMarket Foundation is a US private foundation based in Richmond, VA.
What they fund
Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and web pages about the foundation (newmarket.com), with every statement checked against those sources. Sources read on 7 October 2026.
Priority Areas
Through its community programmes, the NewMarket Foundation supports work focused on education, health and social services. It also supports cultural activities and programmes that improve quality of life in the communities where NewMarket operates. The filings identify a matching-gift route for non-profit educational institutions, specifically secondary schools in the United States, using a three-part form completed by eligible individuals and institutions. This makes secondary schools the clearest stated organisational applicants, while the broader community statement describes activity across several social fields rather than a single subject area.
Themes
- Education
- Health
- Social services
- Cultural activities
- Community quality of life
Geographic Focus
US.
How to apply
For matching gifts, eligible individuals and institutions complete a three-part form.
Deadlines: Matching-gift submissions fall in September.
Officers and directors
- Bruce D Jewett III — Secretary
- Bruce C Gottwald Sr — Director
- Bruce R Hazelgrove III — Vice President and Director
- Thomas E Gottwald — President and Director
From the latest Form 990-PF filing
3 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2022 tax year | $1,149,065 | $1,133,945 | $17,223,323 | Filing for 2022 tax year |
| 2023 tax year | $1,016,811 | $994,215 | $20,407,687 | Filing for 2023 tax year |
| 2024 tax year | $1,745,734 | $1,661,324 | $22,906,532 | Filing for 2024 tax year |
Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.
Sources
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At a glance
Applying to The NewMarket Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- (804) 788-5000
- Richmond, VA
Applying to The NewMarket Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- (804) 788-5000
- Richmond, VA