Newby Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMHERST, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.2M in total assets. In 2024, it awarded 19 grants totaling $1.5M. Net investment income was $235K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.2M
+0.4% YoY
Annual Giving
$1.5M
-47.4% YoY
Grant Count
19
+111.1% YoY
Avg Grant Size
$78K
-75.1% YoY
Under IRS private-foundation payout rules, Newby Foundation reported a distributable amount of $458K for 2024 — the minimum it must pay out in qualifying distributions.
About Newby Foundation
Based on IRS filings
Newby Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMHERST, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.2M in total assets. In 2024, it awarded 19 grants totaling $1.5M. Net investment income was $235K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,240,772 | $9,207,552 | $615,389 |
| Revenue | $237,843 | $11,044,504 | $616,064 |
| Expenses | $1,487,701 | $2,826,540 | $37,041 |
| Qualifying Distributions | $1,483,700 | $2,822,500 | $37,000 |
| Net Investment Income | $235,342 | $160,667 | $11,367 |
| Distributable Amount | $458,128 | $133,925 | $4,214 |
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
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Charles Swchwabtrish Rome Fund ($1,320,000), Build on ($25,000), Montgomery County Humane Society ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMHERST FAMILY OUTREACH AMHERST, MA | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $5,000 |
| BUILD ON STAMFORD, CT | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $25,000 |
| COMMUNITY FOUNDATION OF WESTERN MASS SPRINGFIELD, MA | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $5,000 |
| MONTGOMERY COUNTY HUMANE SOCIETY ROCKVILLE, MA | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $25,000 |
| FOXIE G FOUNDATION UNION BRIDGE, MD | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $25,000 |
| CHARLES SWCHWABTRISH ROME FUND OMAHA, NE | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $1,320,000 |
| HEALTH WAGON WISE, VA | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $25,000 |
| PARTNERS IN HEALTH FREDERICK, MD | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $25,000 |
| AMHERST SURVIVAL CENTER NORTH AMHERST, MA | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $20,000 |
| EMPTY ARMS FLORENCE, MA | CONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | $150 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUZANNE NEWBY-ESTES | PRESIDENT | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Newby Foundation?
Newby Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMHERST, MA. It holds $9.2M in total assets as of 2024.
How large is Newby Foundation?
As of 2024, Newby Foundation holds $9.2M in total assets with $238K in annual revenue. It awarded 19 grants totaling $1.5M in 2024.
Where does Newby Foundation operate?
Newby Foundation has awarded grants in California, Connecticut, District of Columbia, Massachusetts, Maryland, Nebraska, Ohio, Virginia.
What size grants does Newby Foundation award?
In 2024, Newby Foundation awarded 19 grants totaling $1.5M — an average of about $78K per grant, based on its IRS Form 990 filings.
How much is Newby Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Newby Foundation reported a distributable amount of $458K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Newby Foundation's EIN?
Newby Foundation's EIN (Employer Identification Number) is 86-6509144. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Newby Foundation'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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