Jerome a and Estelle R Newman

CARLE PLACE, NY EIN: 13-6096241

The Jerome A and Estelle R Newman Assistance Fund Inc is a philanthropic foundation based in Carle Place, New York, established in 1981. The foundation operates with a national scope, distributing grants across the United States to support charitable activities in arts and culture, education, human services, and Jewish welfare.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$9.5M

+4.2% YoY

Annual Giving

$640K

+5.3% YoY

Grant Count

17

+0.0% YoY

Avg Grant Size

$38K

+5.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a broad range of charitable activities with particular emphasis on:

  • Arts & Culture (20% of giving)
  • Community Development (27% of giving)
  • Education (15% of giving), including higher education
  • Human Services (basic and emergency aid)
  • Religion (with emphasis on Judaism)
  • International Relations and Development
  • Performing Arts and Theater
  • Philanthropy and Foundations
  • Communication Media

Grantmaking

Recent grants include:

Review Cycle

.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation distributes grants across multiple U.S. cities and states, including: Bennington, Chicago, Chilmark, Cincinnati, Fishers Island, New York, Rocky Point, Silver Spring, Springfield, Washington, Wellington, and Yellow Springs. It operates in the following states: Connecticut, Florida, Illinois, Massachusetts, Maryland, New York, Ohio, Vermont, and Washington, D.C.

Grant Distribution by State

10states
+2 more states

Cities

BenningtonChicagoChilmarkCincinnatiFishers IslandNew YorkNorth HollywoodRocky PointSeattleSilver SpringSpingfieldWashingtonWellingtonYellow Springs

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $9,092,451
  • Total Annual Giving: $608,000
  • Annual Expenses: $718,147
  • Annual Revenue: $639,073
  • Tax ID (EIN): 13-6096241
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$432K$865K$1M$2M20212022202320242025
Metric202520242023
Total Assets$9,470,765$9,092,451$9,171,525
Revenue$1,152,805$639,073$195,856
Expenses$774,491$718,147$774,886
Qualifying Distributions$641,150$608,750$661,250
Net Investment Income$1,037,276$534,776$127,952
Distributable Amount$701,236$640,689$608,707

Giving Over Time

Total grant dollars and number of grants per year

$0$165K$330K$495K$661K15 grants202116 grants202216 grants202317 grants202417 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

COMMUNITY FOUNDATION OF …$191KBENNINGTON COLLEGE$60KJUSTWORLD INTERNATIONAL …$60KLIGHTHOUSE GUILD$60KPUBLIC THEATER$60KTHE YARD INC$60KCHANGING WORLDS$35KROOTS OF REFORM JUDAISM$25KISLAND HEALTH PROJECT$15KCHICAGO SINAI CONGREGATION$12K

Grant Size Distribution

81 grants across all recorded years

48<$50K28$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by a volunteer board of directors:

  • William C. Newman – Director/President
  • Andrew H. Levy – Director
  • Michael Greenberg – Director/Treasurer/Secretary
  • Victoria Woolner Samuels – Director/Vice-President
  • Catherine N Woolner – Director
  • Leah A Newman – Director
  • Luke Ryan – Director
  • Sarah L Samuels – Director

Founders: Jerome A. Newman and Estelle R. Newman

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
WILLIAM C NEWMANDIRECTOR/PRESIDENT1
ANDREW H LEVYDIRECTOR1
MICHAEL GREENBERGDIRECTOR/TREASURER/SECRETARY1
VICTORIA WOOLNER SAMUELSDIRECTOR/VICE-PRESIDENT1
CATHERINE N WOOLNERDIRECTOR1
LEAH A NEWMANDIRECTOR1
SARAH L SAMUELSDIRECTOR1
LUKE RYANDIRECTOR1

Recent News & Activity

Recent developments and announcements

The foundation has supported Bennington College's Field Work Term Fellows program and scholarships. Recent grant activity demonstrates continued support for educational institutions and cultural organizations across the United States.

Announcing 2026 Field Work Term Fellows - Bennington College

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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