Newman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBE SOUND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 22 grants totaling $355K. Net investment income was $170K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
-9.1% YoY
Annual Giving
$355K
-11.9% YoY
Grant Count
22
+2100.0% YoY
Avg Grant Size
$16K
-96.0% YoY
Under IRS private-foundation payout rules, Newman Family Foundation Inc reported a distributable amount of $132K for 2024 — the minimum it must pay out in qualifying distributions.
About Newman Family Foundation Inc
Based on IRS filings
Newman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBE SOUND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 22 grants totaling $355K. Net investment income was $170K.
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 | $1,851,447 | $2,036,481 | $1,894,655 |
| Revenue | $183,571 | $558,746 | $174,588 |
| Expenses | $368,605 | $416,920 | $343,494 |
| Qualifying Distributions | $354,575 | $402,500 | $323,500 |
| Net Investment Income | $169,541 | $544,326 | $157,594 |
| Distributable Amount | $132,271 | $125,826 | $136,024 |
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
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Business Executives for National Security ($100,000), Foundation for Morristown Medical Center ($65,000), Boys & Girls Clubs of Martin County ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE VISIONARY COUNCIL JUPITER, FL | GENERAL | $1,000 |
| NATIONAL MOTORISTS ASSOCIATION WAUNAKEE, WI | GENERAL | $1,000 |
| FLORIDA SHERIFFS ASSOCIATION TALLAHASSEE, FL | GENERAL | $20,000 |
| HILLEL AT BINGHAMTON BINGHAMTON, NY | GENERAL | $25,000 |
| BOYS & GIRLS CLUBS OF MARTIN COUNTY HOBE SOUND, FL | GENERAL | $40,000 |
| CHRIST MEMORIAL CHAPEL HOBE SOUND, FL | GENERAL | $32,500 |
| MALTZ JUPITER THEATRE JUPITER, FL | GENERAL | $5,000 |
| BUSINESS EXECUTIVES FOR NATIONAL SECURITY EAST WASHINGTON, DC | GENERAL | $100,000 |
| FOUNDATION FOR MORRISTOWN MEDICAL CENTER MORRISTOWN, NJ | GENERAL | $65,000 |
| 1000 FRIENDS OF FLORIDA TALLAHASSEE, FL | GENERAL | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK S NEWMAN | PRESIDENT/DIRECTOR | 1 | — |
| SHARON M NEWMAN | SEC/TREAS/DIRECTOR | 1 | — |
| ALISON NEWMAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Newman Family Foundation Inc?
Newman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBE SOUND, FL. It holds $1.9M in total assets as of 2024.
How large is Newman Family Foundation Inc?
As of 2024, Newman Family Foundation Inc holds $1.9M in total assets with $184K in annual revenue. It awarded 22 grants totaling $355K in 2024.
Where does Newman Family Foundation Inc operate?
Newman Family Foundation Inc has awarded grants in California, District of Columbia, Florida, New Jersey, New York, Rhode Island, Virginia, Wisconsin.
What size grants does Newman Family Foundation Inc award?
In 2024, Newman Family Foundation Inc awarded 22 grants totaling $355K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Newman Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Newman Family Foundation Inc reported a distributable amount of $132K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Newman Family Foundation Inc's EIN?
Newman Family Foundation Inc's EIN (Employer Identification Number) is 26-0298188. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Newman Family Foundation Inc'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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