Newby Memorial Students Loan Fund Xxxxx5006

CHICAGO, IL EIN: 75-6013857

Newby Memorial Students Loan Fund Xxxxx5006 is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 4 grants totaling $70K. Net investment income was $80K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-0.6% YoY

Annual Giving

$70K

-3.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$17K

-3.8% YoY

Under IRS private-foundation payout rules, Newby Memorial Students Loan Fund Xxxxx5006 reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.

About Newby Memorial Students Loan Fund Xxxxx5006

Based on IRS filings

Ready to take the next step with Newby Memorial Students Loan Fund Xxxxx5006?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $365K (100%)

States

Texas

Cities

Fort WorthGeorgetown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,335,686	$1,343,751	$1,373,679
Revenue	$95,453	$73,956	$32,528
Expenses	$100,129	$100,781	$110,037
Qualifying Distributions	$83,505	$84,947	$92,404
Net Investment Income	$79,724	$50,842	$37,252
Distributable Amount	$90,085	$82,163	$85,615

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Unt Health Science Center ($17,465), Southwestern University ($17,465), Texas Wesleyan University ($17,465).

Recipient	Purpose	Amount
UNT HEALTH SCIENCE CENTER FORT WORTH, TX	GENERAL	$17,465
SOUTHWESTERN UNIVERSITY GEORGETOWN, TX	GENERAL	$17,465
TEXAS WESLEYAN UNIVERSITY FORT WORTH, TX	GENERAL	$17,465
TEXAS CHRISTIAN UNIVERSITY FORT WORTH, TX	GENERAL	$17,465

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Newby Memorial Students Loan Fund Xxxxx5006?

As of 2024, Newby Memorial Students Loan Fund Xxxxx5006 holds $1.3M in total assets with $95K in annual revenue. It awarded 4 grants totaling $70K in 2024.

Where does Newby Memorial Students Loan Fund Xxxxx5006 operate?

Newby Memorial Students Loan Fund Xxxxx5006 has awarded grants in Texas.

What size grants does Newby Memorial Students Loan Fund Xxxxx5006 award?

In 2024, Newby Memorial Students Loan Fund Xxxxx5006 awarded 4 grants totaling $70K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Newby Memorial Students Loan Fund Xxxxx5006 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Newby Memorial Students Loan Fund Xxxxx5006 reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Newby Memorial Students Loan Fund Xxxxx5006's EIN?

Newby Memorial Students Loan Fund Xxxxx5006's EIN (Employer Identification Number) is 75-6013857. IRS Form 990 filing data is available on this page for 2020–2024.