Max & Gertrude Charles & Phyllis Newman
Max & Gertrude Charles & Phyllis Newman is a private foundation focused on religion, based in Scottsdale, AZ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.6M in total assets. In 2025, it awarded 2 grants totaling $104K. Net investment income was $114K.
Max & Gertrude Charles & Phyllis Newman at a glance
In short: Max & Gertrude Charles & Phyllis Newman gave $104K across 2 grants in 2025 (avg $52K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $103,886
- -2.4% vs 2024
- Grants made (2025)
- 2
- -33.3% vs 2024
- Average grant
- $51,943
- +46.4% vs 2024
- Median grant
- $51,943
- Total assets
- $3,649,389
- +13.9% vs 2024
- Primary geography
- Minnesota (95% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Max & Gertrude Charles & Phyllis Newman funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Adath Jeshurun Fnd ($99K). Together the top 2 received $104K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 10 grants of 15 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Max & Gertrude Charles & Phyllis Newman gives
- Giving held roughly steady from 2022 to 2025 (−18%). Method
- In 2025 it paid out 62% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2025, annual grant giving ranged from $101K (2020) to $129K (2023). In 2025 it made 2 grants totaling $104K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Adath Jeshurun Fnd Minnetonka, MN | Charity | $98,886 |
| Arizona Humane Society Phoenix, AZ | Charity | $5,000 |
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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 | $3,649,389 | $154,213 | $145,590 | $103,886 | 2 | $103,886 | $114,186 | $166,291 |
| 2024 | $3,203,786 | $82,011 | $150,011 | $106,432 | 3 | $106,432 | $38,432 | — |
| 2023 | $2,884,932 | $82,231 | $176,188 | $129,173 | 3 | $176,188 | $82,231 | $195,553 |
| 2022 | $4,071,738 | $60,030 | $151,565 | $126,051 | 4 | $151,864 | $57,821 | $11,464 |
| 2021 | $1,547,564 | $284,348 | $116,560 | $101,709 | 3 | — | $280,235 | $127,370 |
| 2020 | $3,990,221 | $116,807 | $119,201 | $101,395 | 3 | — | $100,971 | $167,292 |
Under IRS private-foundation payout rules, Max & Gertrude Charles & Phyllis Newman reported a distributable amount of $166K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Max & Gertrude Charles & Phyllis Newman is led by Charles J. Newman, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Charles J. Newman
President
On filings since 2020
No compensation reported
Former officers (3)
- Former: Bernard Goldblatt (2020) — Director
- Former: Lauren Epshteyn (2020) — Director
- Former: Phyllis J. Newman (2020) — Officer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Max & Gertrude Charles & Phyllis Newman
How much does Max & Gertrude Charles & Phyllis Newman give each year?
Max & Gertrude Charles & Phyllis Newman gave $104K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $106K across 3 grants.
How large is Max & Gertrude Charles & Phyllis Newman?
Max & Gertrude Charles & Phyllis Newman reported $3.6M in total assets on its 2025 IRS Form 990-PF. It paid out $104K in qualifying distributions that year, against a required minimum of $166K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Max & Gertrude Charles & Phyllis Newman?
Max & Gertrude Charles & Phyllis Newman is a private foundation focused on religion, based in Scottsdale, AZ. It holds $3.6M in total assets as of 2025.
Where does Max & Gertrude Charles & Phyllis Newman operate?
Max & Gertrude Charles & Phyllis Newman has awarded grants in Alabama, Arizona, California, Minnesota, New York.
What is Max & Gertrude Charles & Phyllis Newman's EIN?
Max & Gertrude Charles & Phyllis Newman's EIN (Employer Identification Number) is 41-1857341. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS December 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 26, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 16, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Max & Gertrude Charles & Phyllis Newman funds
Religion Related Open opportunities, soonest deadline first.
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