Newsboys Reading Room Association

WEYMOUTH, MA EIN: 04-6056949

Newsboys Reading Room Association is a private foundation focused on Arts and culture, based in WEYMOUTH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $990K in total assets. In 2024, it awarded 11 grants totaling $72K. Net investment income was $135K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$990K

+4.3% YoY

Annual Giving

$72K

+0.0% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$7K

+0.0% YoY

Under IRS private-foundation payout rules, Newsboys Reading Room Association reported a distributable amount of $85K for 2024 — the minimum it must pay out in qualifying distributions.

About Newsboys Reading Room Association

Based on IRS filings

Newsboys Reading Room Association is a private foundation focused on Arts and culture, based in WEYMOUTH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $990K in total assets. In 2024, it awarded 11 grants totaling $72K. Net investment income was $135K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AlstonBostonBoystownBrooklineCambridgeHinghamJamaica PlainNeedhamWellesley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$52K$105K$157K$209K20202021202220232024
Metric202420232022
Total Assets$990,296$949,701$952,103
Revenue$139,375$106,228$62,613
Expenses$95,513$92,987$95,354
Qualifying Distributions$90,840$88,820$93,963
Net Investment Income$134,702$102,070$57,981
Distributable Amount$84,947$73,937$86,607

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$38K$57K$76K10 grants202011 grants202111 grants202211 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNITED SE SETTLEMENT - C…$33KNE HOME FOR LITTLE WANDE…$16KSALVATION ARMY$7KGLOBE SANTA FUND$4KFRIENDSHIP HOME INC$4KBRANTWOOD CAMP$3KDANA FARBER - JIMMY FUND$2KPHILLIPS BROOK HOUSE$2KWEST END HOUSE$2KWALKER INC$900

Grant Size Distribution

54 grants across all recorded years

54<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include United Se Settlement - Camp Hale ($32,500), Ne Home for Little Wanderers ($15,900), Salvation Army ($6,700).

RecipientPurposeAmount
BOYSTOWN BOYSTOWN, NEWORK AMONG UNDERPRIVILEDGED YOUTH$250
BRANTWOOD CAMP WELLESLEY, MAWORK AMONG UNDERPRIVILEDGED YOUTH$2,700
DANA FARBER - JIMMY FUND BROOKLINE, MACHILDRENS HOSPITAL$1,800
FRIENDSHIP HOME INC HINGHAM, MAUNRESTRICTED$3,800
GLOBE SANTA FUND BOSTON, MAUNRESTRICTED$4,000
NE HOME FOR LITTLE WANDERERS JAMAICA PLAIN, MAWORK AMONG UNDERPRIVILEDGED YOUTH$15,900
PHILLIPS BROOK HOUSE CAMBRIDGE, MAWORK AMONG UNDERPRIVILEDGED YOUTH$1,800
SALVATION ARMY BOSTON, MAUNRESTRICTED$6,700
UNITED SE SETTLEMENT - CAMP HALE BOSTON, MAWORK AMONG UNDERPRIVILEDGED YOUTH$32,500
WALKER INC NEEDHAM, MAWORK AMONG UNDERPRIVILEDGED YOUTH$900

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT A STEVENSTREAS. DIRECTOR5
CALLUM JF MACLEANSECY DIRECTOR2
MELISSA MCKINNONASST. TREAS.
JAMES CESARZPRESIDENT DIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Newsboys Reading Room Association?

Newsboys Reading Room Association is a private foundation focused on Arts and culture, based in WEYMOUTH, MA. It holds $990K in total assets as of 2024.

How large is Newsboys Reading Room Association?

As of 2024, Newsboys Reading Room Association holds $990K in total assets with $139K in annual revenue. It awarded 11 grants totaling $72K in 2024.

Where does Newsboys Reading Room Association operate?

Newsboys Reading Room Association has awarded grants in Massachusetts, Nebraska.

What size grants does Newsboys Reading Room Association award?

In 2024, Newsboys Reading Room Association awarded 11 grants totaling $72K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Newsboys Reading Room Association required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Newsboys Reading Room Association reported a distributable amount of $85K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Newsboys Reading Room Association's EIN?

Newsboys Reading Room Association's EIN (Employer Identification Number) is 04-6056949. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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