Newrium Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $235K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
+374.5% YoY
Annual Giving
$10K
Grant Count
1
Avg Grant Size
$10K
Under IRS private-foundation payout rules, Newrium Foundation Inc reported a distributable amount of $70K for 2024 — the minimum it must pay out in qualifying distributions.
About Newrium Foundation Inc
Based on IRS filings
Newrium Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $235K.
Focus Areas
Ready to take the next step with Newrium Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $3,589,284 | $756,402 |
| Revenue | $2,861,225 | $762,902 |
| Expenses | $28,343 | $6,500 |
| Qualifying Distributions | $22,143 | $6,500 |
| Net Investment Income | $235,424 | $6 |
| Distributable Amount | $69,893 | $2,082 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Burlingame Soccer Club ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BURLINGAME SOCCER CLUB BURLINGAME, CA | Financial Aid Fund | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jackie Xu | Pres, Dir, Sec, Treas | 10 | — |
| Alexander W Zhang | VP | 1 | — |
| Christopher Zhang | VP | 10 | — |
| Elizabeth M Zhang | VP | 1 | — |
| Eric Leonardo Zhang | VP | 1 | — |
| Hui Zhang | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Newrium Foundation Inc?
Newrium Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $3.6M in total assets as of 2024.
How large is Newrium Foundation Inc?
As of 2024, Newrium Foundation Inc holds $3.6M in total assets with $2.9M in annual revenue. It awarded 1 grants totaling $10K in 2024.
Where does Newrium Foundation Inc operate?
Newrium Foundation Inc has awarded grants in California.
What size grants does Newrium Foundation Inc award?
In 2024, Newrium Foundation Inc awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Newrium Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Newrium Foundation Inc reported a distributable amount of $70K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Newrium Foundation Inc's EIN?
Newrium Foundation Inc's EIN (Employer Identification Number) is 93-4146075. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Newrium Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
RSC Foundation Inc
BOSTON, MA
Assets
$768K
Grants
57
Total Given
$52K
Baird Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
3,751
Total Given
$6.6M
X&w Foundation
BURLINGAME, CA
Assets
—
Grants
17
Total Given
$101K
AbbVie Foundation
NORTH CHICAGO, IL
Assets
—
Grants
74
Total Given
$54.7M
American Electric Power Foundation
WILMINGTON, DE
Assets
$65.2M
Grants
752
Total Given
$22.6M
Puget Sound Energy Foundation
WILMINGTON, DE
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
WILMINGTON, DE
Assets
—
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
WILMINGTON, DE
Assets
—
Grants
330
Total Given
$192K
McNabb Foundation
WILMINGTON, DE
Assets
$4.8M
Grants
328
Total Given
$358K
Raskob Foundation for Catholic
WILMINGTON, DE
Assets
$208.0M
Grants
325
Total Given
$6.2M
Delaware Community Foundation Inc
WILMINGTON, DE
Assets
$346.1M
Grants
323
Total Given
$41.9M
Wsfs Cares Foundation
WILMINGTON, DE
Assets
$12.3M
Grants
323
Total Given
$2.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Newrium Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Newrium Foundation Inc to a real strategy.