Harry H & Faye I Newman Scholarship Trust
Harry H & Faye I Newman Scholarship Trust is a private foundation, 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.
Harry H & Faye I Newman Scholarship Trust at a glance
In short: Harry H & Faye I Newman Scholarship Trust gave $55K across 6 grants in 2025 (avg $9K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $55,000
- +10.0% vs 2024
- Grants made (2025)
- 6
- +0.0% vs 2024
- Average grant
- $9,167
- +10.0% vs 2024
- Median grant
- $9,098
- Total assets
- $1,017,907
- +11.1% vs 2024
- Primary geography
- Pennsylvania (53% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Harry H & Faye I Newman Scholarship Trust funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Shippensuburg University ($12K). Together the top 6 received $55K.
Grant Size Distribution
42 grants across all recorded years
The most common grant size was under $50K: 42 grants of 42 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Harry H & Faye I Newman Scholarship Trust gives
- Giving held roughly steady from 2022 to 2025 (−7%). Method
- In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $47K (2023) to $59K (2022). In 2025 it made 6 grants totaling $55K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shippensuburg University Shippensburg, PA | Education | $11,808 |
| St Vincent College Latrobe, PA | Education | $10,073 |
| West Virginia University Morgantown, WV | Education | $9,413 |
| Frostburg State University Frostburg, MD | Education | $8,782 |
| Indiana Wesleyan University Marion, IN | Education | $7,528 |
| Slippery Rock University Slippery Rockk, PA | Education | $7,396 |
Ready to take the next step with Harry H & Faye I Newman Scholarship Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,017,907 | $173,674 | $71,602 | $55,000 | 6 | $60,712 | $162,963 | $58,761 |
| 2024 | $916,250 | $86,969 | $65,572 | $50,000 | 6 | $55,263 | $12,900 | $56,853 |
| 2023 | $894,832 | $3,132 | $61,361 | $46,500 | 11 | $51,539 | $11,382 | $53,834 |
| 2022 | $953,087 | $85,349 | $75,730 | $59,000 | 9 | $64,731 | $13,249 | $60,599 |
| 2021 | $943,311 | $83,528 | $68,008 | $52,000 | 10 | — | $11,615 | $60,488 |
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.
Leadership & Key People
Officers and directors from IRS filings
Harry H & Faye I Newman Scholarship Trust's only listed officer is First National Trust CO, Trustee on the 2025 filing (compensated).
Officers on the 2025 filing
First National Trust CO
Trustee
New on the 2025 filing
1 hr/week
$11K (2025)
Former officers (2)
- Former: First National Trust Company Kilee Bomgardner (2024) — Trustee
- Former: First National Trust Company Sharon Diable (2021–2023) — Trustee
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $11K, to First National Trust CO (Trustee).
Frequently asked questions about Harry H & Faye I Newman Scholarship Trust
How much does Harry H & Faye I Newman Scholarship Trust give each year?
Harry H & Faye I Newman Scholarship Trust gave $55K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 6 grants.
What is Harry H & Faye I Newman Scholarship Trust's typical grant size?
Harry H & Faye I Newman Scholarship Trust's median grant in 2025 was $9,098, and its average grant was $9,167, across 6 grants on its 2025 IRS Form 990-PF.
Where does Harry H & Faye I Newman Scholarship Trust give grants?
Harry H & Faye I Newman Scholarship Trust gives mostly in Pennsylvania: 53% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were West Virginia (17%) and Maryland (16%).
Does Harry H & Faye I Newman Scholarship Trust give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Harry H & Faye I Newman Scholarship Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (6 grants).
Who are Harry H & Faye I Newman Scholarship Trust's largest grantees?
Harry H & Faye I Newman Scholarship Trust's largest 2025 grantees include Shippensuburg University ($11,808), St Vincent College ($10,073) and West Virginia University ($9,413), according to its 2025 IRS Form 990-PF. Together they received 57% of its itemized 2025 grant dollars.
How large is Harry H & Faye I Newman Scholarship Trust?
Harry H & Faye I Newman Scholarship Trust reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $61K in qualifying distributions that year, against a required minimum of $59K (roughly 5% of its investment assets).
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.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Harry H & Faye I Newman Scholarship Trust funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Harry H & Faye I Newman Scholarship Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Columbus Foundation
Columbus, OH
The Columbus Foundation supports a broad range of nonprofit work, including arts, education, health, basic needs, neighborhoods, and capacity building, primarily in central Ohio. Its 2024 grants had a median of $21,471, though amounts varied widely. Most grants are directed by donors and aren’t made through an application process, but some specific programs accept applications.
Assets
$2.8B
Grants
1,747
Total Given
$242.7M
The Pittsburgh Foundation
Pittsburgh, PA
The Pittsburgh Foundation funds nonprofits working in basic needs, equity and social justice, environmental action, arts and culture, and economic mobility, with most opportunities for organizations in Allegheny County or primarily serving its residents. Its 2024 grants had a median amount of about $18,600, though awards varied widely. The profile does not state whether it accepts unsolicited requests.
Assets
$1.5B
Grants
1,132
Total Given
$64.0M
Lalitta Nash McKaig Foundation
Pittsburgh, PA
Assets
$12.9M
Grants
1
Total Given
$633K
The Troy Foundation
Troy, OH
The Troy Foundation funds arts and culture, education, health and human services, youth development, environmental protection, community beautification, and emergency assistance for nonprofits. In 2024, grants ranged from $5,310 to $2,438,051, with a median of $22,806; its giving includes Troy and nearby communities, as well as recipients elsewhere in Ohio. Unsolicited requests are not addressed generally, though some specific programs invite eligible organizations to inquire or apply.
Assets
$159.1M
Grants
141
Total Given
$9.1M
Albert a Christ Scholarship Fund 1403
Wheeling, WV
The Albert A Christ Scholarship Fund supports scholarships, with reported giving of about $244,000 in 2025; its grant went to a recipient in Wheeling, West Virginia. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$3.3M
Grants
1
Total Given
$243K
Clark Opportunity Foundation Inc
Berkeley Springs, WV
The foundation’s grants support education and training, arts, research, and other organizations, with most 2025 funding going to recipients in West Virginia, Maryland, and Pennsylvania. Its 37 grants ranged from $35 to $150,000, with a median of $5,000; the profile says to contact Howard Clark but does not state whether unsolicited requests are accepted.
Assets
$14.7M
Grants
37
Total Given
$592K
More similar funders
More Funders in Pennsylvania
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Harry H & Faye I Newman Scholarship Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Harry H & Faye I Newman Scholarship Trust down — hundreds of funders to go?