Cloudbreak Foundation Inc
Cloudbreak Foundation Inc is a private foundation, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 17 grants totaling $149K. Net investment income was $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-9.3% YoY
Annual Giving
$149K
+12.1% YoY
Grant Count
17
+21.4% YoY
Avg Grant Size
$9K
-7.7% YoY
Under IRS private-foundation payout rules, Cloudbreak Foundation Inc reported a distributable amount of $106K for 2024 — the minimum it must pay out in qualifying distributions.
About Cloudbreak Foundation Inc
Based on IRS filings
Cloudbreak Foundation Inc is a private foundation, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 17 grants totaling $149K. Net investment income was $45K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,404,959 | $1,549,308 | $1,521,449 |
| Revenue | $13,139 | $170,672 | $112,321 |
| Expenses | $157,488 | $142,812 | $133,125 |
| Qualifying Distributions | $149,646 | $134,380 | $126,559 |
| Net Investment Income | $45,223 | $164,654 | $105,755 |
| Distributable Amount | $106,127 | $96,279 | $101,316 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
78 grants across all recorded years
Open Grants
1 open opportunity from Cloudbreak Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Crossroads Jobs ($10,000), Tommy's Pantry ($10,000), The Fenwick Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Olney Rides Olney, MD | Transportation Services | $5,000 |
| Reach Incorporated Washington, DC | Tutoring | $7,500 |
| FAN DC Washington, DC | Foster children program | $7,500 |
| Best Kids Washington, DC | Foster children mentorship | $7,500 |
| Crossroads Jobs Leesburg, VA | Employment program | $10,000 |
| Tommy's Pantry Silver Spring, MD | Homeless hygiene program | $10,000 |
| The Fenwick Foundation Arlington, VA | Social isolation and depression program | $10,000 |
| Koinonia Foundation Alexandria, VA | Emergency financial assistance | $10,000 |
| Atheists Helping the Homeless DC Germantown, MD | Food and basic needs distribution | $6,552 |
| MidCounty United Ministries Silver Spring, MD | Emergency rental and utility assistance | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joshua Newborn | Executive Director President | 40 | — |
| Steven Newborn | Director Treasurer | 1 | — |
| Beverly Newborn | Director Secretary | 1 | — |
| Michael Newborn | Director Vice President | 1 | — |
| Greta Newborn | Director Vice President | 1 | — |
Frequently Asked Questions
How large is Cloudbreak Foundation Inc?
As of 2024, Cloudbreak Foundation Inc holds $1.4M in total assets with $13K in annual revenue. It awarded 17 grants totaling $149K in 2024.
Where does Cloudbreak Foundation Inc operate?
Cloudbreak Foundation Inc has awarded grants in District of Columbia, Maryland, Texas, Virginia.
What size grants does Cloudbreak Foundation Inc award?
In 2024, Cloudbreak Foundation Inc awarded 17 grants totaling $149K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Cloudbreak Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cloudbreak Foundation Inc reported a distributable amount of $106K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cloudbreak Foundation Inc's EIN?
Cloudbreak Foundation Inc's EIN (Employer Identification Number) is 46-4730969. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cloudbreak Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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