Alex W and Sue a Newton Foundation

MOUNTAIN BROOK, AL EIN: 63-1246132

Alex W and Sue a Newton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNTAIN BROOK, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 3 grants totaling $29K. Net investment income was $98K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+6.8% YoY

Annual Giving

$29K

-53.4% YoY

Grant Count

-62.5% YoY

Avg Grant Size

$10K

+24.3% YoY

Under IRS private-foundation payout rules, Alex W and Sue a Newton Foundation reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.

About Alex W and Sue a Newton Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Alex W and Sue a Newton Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $208K (100%)

States

Alabama

Cities

BirminghamFairfieldIrondaleTalladegaTuscaloosa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,076,450	$1,008,369	$495,938
Revenue	$115,242	$587,666	$50,271
Expenses	$47,161	$75,235	$70,185
Qualifying Distributions	$29,000	$62,211	$66,000
Net Investment Income	$97,743	$24,112	$44,749
Distributable Amount	$69,263	$42,732	$37,589

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Stillman College ($20,000), Presbyterian Home for Children ($8,000), Kids Christian Music Center ($1,000).

Recipient	Purpose	Amount
KIDS CHRISTIAN MUSIC CENTER BIRMINGHAM, AL	SUPPORT PAYMENT	$1,000
PRESBYTERIAN HOME FOR CHILDREN TALLADEGA, AL	SUPPORT PAYMENT	$8,000
STILLMAN COLLEGE TUSCALOOSA, AL	SCHOLARSHIP FUND	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JANE W NEWTON	DIRECTOR & VP/TREASURER	—	—
ROB J NEWTON	DIRECTOR & VP/SECRETARY	—	—
KELLY N HAMMOND	DIRECTOR & PRESIDENT	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Alex W and Sue a Newton Foundation?

Alex W and Sue a Newton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNTAIN BROOK, AL. It holds $1.1M in total assets as of 2024.

How large is Alex W and Sue a Newton Foundation?

As of 2024, Alex W and Sue a Newton Foundation holds $1.1M in total assets with $115K in annual revenue. It awarded 3 grants totaling $29K in 2024.

Where does Alex W and Sue a Newton Foundation operate?

Alex W and Sue a Newton Foundation has awarded grants in Alabama.

What size grants does Alex W and Sue a Newton Foundation award?

In 2024, Alex W and Sue a Newton Foundation awarded 3 grants totaling $29K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Alex W and Sue a Newton Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alex W and Sue a Newton Foundation reported a distributable amount of $69K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alex W and Sue a Newton Foundation's EIN?

Alex W and Sue a Newton Foundation's EIN (Employer Identification Number) is 63-1246132. IRS Form 990 filing data is available on this page for 2020–2024.