Newday Foundation
Newday Foundation is a private foundation, based in St. Paul, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $579K in total assets. In 2025, it made $4K in qualifying distributions. Net investment income was $60K.
Key facts about Newday Foundation
- EIN
- 26-3845869
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $578,946
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$579K
+10.9% YoY
Revenue
$61K
+93.4% YoY
Qualifying Distributions
$4K
-15.5% YoY
Expenses
$4K
-64.8% YoY
Under IRS private-foundation payout rules, Newday Foundation reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.
How Newday Foundation gives
- Giving grew 23% from 2020 to 2023. Method
- In 2025 it paid out 13% 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.
Ready to take the next step with Newday Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $200K (2020) to $250K (2021). In 2023 it made 1 grant totaling $245K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 3 (67%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $578,946 | $522,274 | $502,371 |
| Revenue | $60,707 | $31,397 | $509,944 |
| Expenses | $4,035 | $11,473 | $250,013 |
| Qualifying Distributions | $3,630 | $4,294 | $249,532 |
| Net Investment Income | $60,303 | $30,992 | $256,657 |
| Distributable Amount | $28,289 | $26,412 | $21,535 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Newday Foundation is led by Dana L. Day, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Dana L. Day
President & Director
On filings since 2020
7 hrs/week
No compensation reported
Richard B. Walsh Jr.
Secretary & Director
On filings since 2020
2 hrs/week
No compensation reported
Stanley R. Day Jr.
Vice President, Treasurer & Director
On filings since 2020
2 hrs/week
No compensation reported
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 Newday Foundation
How large is Newday Foundation?
Newday Foundation reported $579K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets).
Where does Newday Foundation operate?
Newday Foundation has awarded grants in Florida, Illinois, Louisiana.
What is Newday Foundation's EIN?
Newday Foundation's EIN (Employer Identification Number) is 26-3845869. 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.
Here's the math on researching Newday Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Newday Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Bader Family Foundation
Arlington, VA
The foundation supports organizations working on legal and individual-rights issues, free speech, family-related work, and other charitable purposes. In 2024, grants ranged from $4,000 to $430,000, with a median of $31,000; funding went mainly to Washington, DC, and Virginia, as well as Wisconsin, California, and Colorado. Its filing says giving is not limited to preselected organizations, and applications are accepted on a rolling basis.
Assets
$80.1M
Grants
36
Total Given
$3.3M
Clingen Foundation Ltd
Downers Grove, IL
Assets
$6.8M
Grants
10
Total Given
$487K
The Beach Foundation
West Conshohocken, PA
The Beach Foundation funds organizations working on liberty, free markets, public policy, legal rights, and youth programs, with much of its 2024 giving going to recipients in Washington, DC, Pennsylvania, and Virginia. Grants ranged from $16 to $100,000, with a median award of $5,000; the profile does not say whether it accepts unsolicited requests.
Assets
$8.1M
Grants
57
Total Given
$791K
Luke 638 Foundation
Wilmington, DE
The Luke 638 Foundation supports arts, music, and community development organizations; its 2024 grants went to recipients in Alabama. It made four grants of $20,000 to $200,000, with a median grant of $130,176, and accepts no unsolicited requests, giving only to preselected organizations.
Assets
—
Grants
4
Total Given
$480K
Illinois Policy Institute
Chicago, IL
The institute is a free market oriented think tank dedicated to gathering, disseminating, and educating Illinois constituents on local, state, and federal public policy issues facing Illinois.
Assets
$3.1M
Grants
1
Total Given
$700K
Steve & Delores Sarovich Foundation
Lisle, IL
Assets
$1.4M
Grants
46
Total Given
$114K
The Lynde and Harry Bradley Foundation Inc
Milwaukee, WI
The Lynde and Harry Bradley Foundation supports 501(c)(3) organizations advancing constitutional order, free markets, civil society, and informed citizens, with grants across the U.S. and the largest share going to Wisconsin. In 2024, grants ranged from $500 to $6.62 million, with a median of $100,000. It accepts unsolicited letters of inquiry online on an ongoing basis; full applications are by invitation.
Assets
—
Grants
361
Total Given
$56.5M
Schrimpf Family Foundation
Lakewood Ranch, FL
The Schrimpf Family Foundation supports community services, housing, health, education, and youth development, with 2025 grants concentrated in Florida and Illinois and smaller awards elsewhere. Its 2025 grants ranged from $1,000 to $239,500, with a median of $5,000. It funds only preselected charities and does not accept unsolicited requests.
Assets
$971K
Grants
27
Total Given
$383K
Bailey Family Foundation Inc
Vero Beach, FL
Bailey Family Foundation supports post-secondary education, especially student scholarships, while also making occasional grants to schools, health, hospice, environmental, religious, and humanitarian organizations. In 2025, it made 143 grants totaling $488,000, ranging from $100 to $35,000 (median $2,500), with the largest shares going to Florida and North Carolina. It funds only preselected charitable organizations and does not accept unsolicited funding requests; eligible scholarship recipients may apply for renewals.
Assets
$2.9M
Grants
143
Total Given
$488K
Walton Family Foundation Inc
Bentonville, AR
The Walton Family Foundation funds K–12 education, river and ocean conservation, and quality-of-life initiatives in Northwest Arkansas and the Arkansas-Mississippi Delta; its grants also support organizations and projects elsewhere in the U.S. Its 2024 grants had a median of $200,000, with awards ranging from $1,000 to $35.6 million. It does not accept unsolicited requests except from eligible public charter school developers applying to its startup grant program; other organizations must first submit a letter of inquiry and await an invitation.
Assets
$6.1B
Grants
1,020
Total Given
$562.3M
The Marcus Foundation Inc
Atlanta, GA
The Marcus Foundation supports community food resources, food security, and sustainable practices, while its grants also span other fields. In 2024, grants ranged from $1,500 to $17.6 million, with a median of $300,000; Georgia received the largest share of funding, followed by New York and Washington, DC. The profile does not state whether it accepts unsolicited requests.
Assets
$366.8M
Grants
221
Total Given
$227.5M
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation supports civic, social, and economic needs, including economic mobility, education equity, community safety, health, and the environment. In 2025, its grants had a median of $25,000, though awards varied widely; 77% of grant dollars went to Minnesota recipients. It does not state a general policy on unsolicited requests; current opportunities are closed, and some programs are invitation-based.
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
More Funders in Minnesota
Newday Foundation down — hundreds of funders to go?