Newman Foundation Inc
Newman Foundation Inc is a private foundation, based in Covington, LA. IRS filing data is available from 2018 through 2025. In 2025, it awarded 1 grant totaling $25K. Net investment income was $4.
Newman Foundation Inc at a glance
In short: Newman Foundation Inc gave $25K across 1 grant in 2025 (avg $25K), mostly in South Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $25,000
- +150.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $25,000
- +150.0% vs 2024
- Median grant
- $25,000
- Primary geography
- South Carolina (100% 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 Newman Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Furman University ($25K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Newman Foundation Inc gives
- Giving grew 39% from 2022 to 2025. 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 2018 to 2025, annual grant giving ranged from $3K (2018) to $25K (2025). In 2025 it made 1 grant totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Furman University Greenville, SC | Charitable Contribution | $25,000 |
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | — | $19,504 | $25,035 | $25,000 | 1 | $25,000 | $4 |
| 2024 | $25,035 | $4,410 | $10,500 | $10,000 | 1 | $10,000 | $3,910 |
| 2023 | $11,120 | $-3,128 | $20,709 | $20,000 | 1 | $20,000 | $29 |
| 2022 | $34,957 | $-336 | $18,000 | $18,000 | 2 | $18,000 | $2 |
| 2021 | $53,293 | $24,224 | $17,836 | $17,000 | 2 | $17,000 | $3,224 |
| 2020 | $47,058 | $3,408 | — | — | — | — | $2,083 |
| 2018 | $43,095 | $14,343 | $3,901 | $3,000 | 2 | — | — |
Leadership & Key People
Officers and directors from IRS filings
Newman Foundation Inc is led by Cary Newman MD, President on every filing since 2018 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Cary Newman MD
President
On filings since 2018
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2018–2025. "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 Newman Foundation Inc
How much does Newman Foundation Inc give each year?
Newman Foundation Inc gave $25K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 1 grant.
Where does Newman Foundation Inc operate?
Newman Foundation Inc has awarded grants in Georgia, South Carolina.
What is Newman Foundation Inc's EIN?
Newman Foundation Inc's EIN (Employer Identification Number) is 58-2564858. IRS Form 990 filing data is available on this page for 2018–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2018 (received by the IRS November 15, 2019)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Newman Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Newman Foundation Inc's focus areas in our free grants database
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