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Newell B Sargent Foundation

Annual Giving
$0.6M
Grant Range
Up to $0.6M00
00

Newell B Sargent Foundation

Quick Stats

  • Annual Giving: $600,000 (2024)
  • Assets: $14.8M (2022)
  • Success Rate: Not publicly available
  • Decision Time: Not applicable (invitation only)
  • Grant Range: Information not publicly disclosed
  • Geographic Focus: Washakie County and Wyoming

Contact Details

Contact Person: Charles W Smith, President
Address: PO Box 1858, Worland, WY 82401
Phone: (307) 577-0724
EIN: 83-0271536

Overview

The Newell B Sargent Foundation was established by Newell Brush "Buzz" Sargent (1905-2001), a successful Wyoming businessman who founded the Pepsi-Cola Bottling Company in Worland in 1947 and Teton Distributors, Wyoming's leading statewide beer distributor. The foundation has been tax-exempt since May 1986 and operates as a private grantmaking foundation. With approximately $14.8 million in assets and annual giving of around $600,000, the foundation focuses its support primarily on Washakie County and Wyoming organizations. The foundation's most significant commitment is an endowment established at the Wyoming Community Foundation to support the Washakie Museum & Cultural Center, which provides approximately 70% of the museum's annual operating funds.

Funding Priorities

Geographic Focus

The foundation gives primarily to organizations in Washakie County and the State of Wyoming, with particular emphasis on the Worland area.

Priority Areas

Based on available information, the foundation has demonstrated commitment to:

  • Cultural institutions and museums
  • Local community development
  • Organizations serving Washakie County

Recent Grant Activity

  • 2024: 1 award totaling $600,000
  • 2023: 2 awards
  • 2022: 2 awards, totaling $616,300

What They Don't Fund

Specific exclusions are not publicly documented, but the foundation does not accept unsolicited applications from organizations outside their established relationships.

Governance and Leadership

Officers and Trustees:

  • Charles W Smith - President and Director (St. Louis, Missouri)
  • Kent A Richins - Vice President and Director (Worland, WY)
  • Rosie R Richins - Secretary and Director (Worland, WY)
  • Kurt Hansen - Treasurer and Director (Bellevue, Washington)

Application Process & Timeline

How to Apply

This foundation does not have a public application process. The Newell B Sargent Foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.

The foundation operates with trustee discretion, identifying and selecting beneficiary organizations through established relationships and board member knowledge of the community. While initial contact may be submitted by letter to the address listed above, the foundation explicitly states it does not accept unsolicited funding requests.

Decision Timeline

Not applicable - grants are awarded at trustee discretion to preselected organizations rather than through an application review process.

Success Rates

Not applicable for unsolicited applications, as the foundation does not accept them.

Reapplication Policy

Not applicable - the foundation does not operate through an application system.

Application Success Factors

Given that the Newell B Sargent Foundation does not accept unsolicited applications, traditional application success factors do not apply. The foundation awards grants based on:

  • Trustee discretion and selection: The board identifies organizations aligned with the foundation's mission
  • Established relationships: Organizations with existing connections to the foundation or its trustees
  • Geographic alignment: Strong preference for Washakie County and Wyoming-based organizations
  • Community impact: Organizations serving the Worland area and broader Wyoming community
  • Long-term commitments: The foundation's endowment model (as evidenced by the Washakie Museum support) suggests preference for sustained, impactful relationships

Organizations seeking funding from this foundation would need to be identified and invited by the trustees rather than submitting applications.

Key Takeaways for Grant Writers

  • Invitation-only funding: This foundation does not accept unsolicited applications - grants are made to preselected organizations
  • Geographic focus: Strong emphasis on Washakie County and Wyoming, particularly the Worland area
  • Endowment approach: The foundation has demonstrated willingness to make substantial long-term commitments (e.g., museum endowment providing 70% of annual operating funds)
  • Limited grant activity: Makes only 1-2 grants per year, suggesting highly selective grantmaking
  • Business legacy: Founded by a successful local businessman with deep roots in the Worland community
  • Not suitable for cold outreach: Organizations without existing connections to the foundation or its trustees are unlikely to receive funding
  • Local governance: Board includes Wyoming residents with local knowledge and community ties

References

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