Newrium Foundation Inc
Newrium Foundation Inc is a private foundation, 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 grant totaling $10K. Net investment income was $235K.
Newrium Foundation Inc at a glance
In short: Newrium Foundation Inc gave $10K across 1 grant in 2024 (avg $10K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $10,000
- Grants made (2024)
- 1
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $3,589,284
- +374.5% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Newrium Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Burlingame Soccer Club ($10K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Newrium Foundation Inc gives
- In 2024 it paid out 32% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Burlingame Soccer Club Burlingame, CA | Financial Aid Fund | $10,000 |
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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 | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,589,284 | $2,861,225 | $28,343 | $10,000 | 1 | $22,143 | $235,424 | $69,893 |
| 2023 | $756,402 | $762,902 | $6,500 | — | — | $6,500 | $6 | $2,082 |
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.
Leadership & Key People
Officers and directors from IRS filings
Newrium Foundation Inc is led by Jackie Xu, President, Director, Secretary & Treasurer on every filing since 2023; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jackie Xu
President, Director, Secretary & Treasurer
On filings since 2023
10 hrs/week
No compensation reported
Hui Zhang
Director
On filings since 2023
1 hr/week
No compensation reported
Alexander W Zhang
Vice President
New on the 2024 filing
1 hr/week
No compensation reported
Christopher Zhang
Vice President
New on the 2024 filing
10 hrs/week
No compensation reported
Elizabeth M Zhang
Vice President
New on the 2024 filing
1 hr/week
No compensation reported
Eric Leonardo Zhang
Vice President
New on the 2024 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "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 Newrium Foundation Inc
How much does Newrium Foundation Inc give each year?
Newrium Foundation Inc gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is Newrium Foundation Inc?
Newrium Foundation Inc reported $3.6M in total assets on its 2024 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $70K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Newrium Foundation Inc operate?
Newrium Foundation Inc has awarded grants in California.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
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