Harry H & Faye I Newman Scholarship Trust
Harry H & Faye I Newman Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERMITAGE, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 6 grants totaling $55K. Net investment income was $163K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.0M
+11.1% YoY
Annual Giving
$55K
+10.0% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$9K
+10.0% YoY
Under IRS private-foundation payout rules, Harry H & Faye I Newman Scholarship Trust reported a distributable amount of $59K for 2025 — the minimum it must pay out in qualifying distributions.
About Harry H & Faye I Newman Scholarship Trust
Based on IRS filings
Harry H & Faye I Newman Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERMITAGE, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 6 grants totaling $55K. Net investment income was $163K.
Focus Areas
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,017,907 | $916,250 | $894,832 |
| Revenue | $173,674 | $86,969 | $3,132 |
| Expenses | $71,602 | $65,572 | $61,361 |
| Qualifying Distributions | $60,712 | $55,263 | $51,539 |
| Net Investment Income | $162,963 | $12,900 | $11,382 |
| Distributable Amount | $58,761 | $56,853 | $53,834 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Shippensuburg University ($11,808), St Vincent College ($10,073), West Virginia University ($9,413).
| Recipient | Purpose | Amount |
|---|---|---|
| ST VINCENT COLLEGE LATROBE, PA | EDUCATION | $10,073 |
| INDIANA WESLEYAN UNIVERSITY MARION, IN | EDUCATION | $7,528 |
| FROSTBURG STATE UNIVERSITY FROSTBURG, MD | EDUCATION | $8,782 |
| SHIPPENSUBURG UNIVERSITY SHIPPENSBURG, PA | EDUCATION | $11,808 |
| SLIPPERY ROCK UNIVERSITY SLIPPERY ROCKK, PA | EDUCATION | $7,396 |
| WEST VIRGINIA UNIVERSITY MORGANTOWN, WV | EDUCATION | $9,413 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Harry H & Faye I Newman Scholarship Trust?
Harry H & Faye I Newman Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERMITAGE, PA. It holds $1.0M in total assets as of 2025.
How large is Harry H & Faye I Newman Scholarship Trust?
As of 2025, Harry H & Faye I Newman Scholarship Trust holds $1.0M in total assets with $174K in annual revenue. It awarded 6 grants totaling $55K in 2025.
Where does Harry H & Faye I Newman Scholarship Trust operate?
Harry H & Faye I Newman Scholarship Trust has awarded grants in Indiana, Maryland, Ohio, Pennsylvania, Virginia, West Virginia.
What size grants does Harry H & Faye I Newman Scholarship Trust award?
In 2025, Harry H & Faye I Newman Scholarship Trust awarded 6 grants totaling $55K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Harry H & Faye I Newman Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Harry H & Faye I Newman Scholarship Trust reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Harry H & Faye I Newman Scholarship Trust's EIN?
Harry H & Faye I Newman Scholarship Trust's EIN (Employer Identification Number) is 20-3426026. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.