Newton Rotary Club Endowment Inc
Newton Rotary Club Endowment Inc is a private foundation, based in NEWTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $206K in total assets. In 2024, it awarded 4 grants totaling $16K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$206K
+3.8% YoY
Annual Giving
$16K
+37.9% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$4K
-31.0% YoY
Under IRS private-foundation payout rules, Newton Rotary Club Endowment Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About Newton Rotary Club Endowment Inc
Based on IRS filings
Newton Rotary Club Endowment Inc is a private foundation, based in NEWTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $206K in total assets. In 2024, it awarded 4 grants totaling $16K. Net investment income was $5K.
Ready to take the next step with Newton Rotary Club Endowment 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 | 2022 |
|---|---|---|---|
| Total Assets | $206,282 | $198,743 | $205,317 |
| Revenue | $50,593 | $33,678 | $45,806 |
| Expenses | $42,988 | $39,293 | $35,803 |
| Qualifying Distributions | $15,859 | $11,497 | $13,832 |
| Net Investment Income | $5,212 | $4,626 | $9,537 |
| Distributable Amount | $10,165 | $9,886 | $9,738 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Newton Rotary Club ($14,118), Newton Rotary Club ($793), Newton Rotary Club ($698).
| Recipient | Purpose | Amount |
|---|---|---|
| NEWTON ROTARY CLUB NEWTON, NJ | GRANT | $250 |
| NEWTON ROTARY CLUB NEWTON, NJ | GRANT | $14,118 |
| NEWTON ROTARY CLUB NEWTON, NJ | GRANT | $793 |
| NEWTON ROTARY CLUB NEWTON, NJ | GRANT | $698 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARL LAZZARO | PRESIDENT | — | — |
| STEVE WESCOTT | SECRETARY | — | — |
Frequently Asked Questions
How large is Newton Rotary Club Endowment Inc?
As of 2024, Newton Rotary Club Endowment Inc holds $206K in total assets with $51K in annual revenue. It awarded 4 grants totaling $16K in 2024.
Where does Newton Rotary Club Endowment Inc operate?
Newton Rotary Club Endowment Inc has awarded grants in Illinois, New Jersey.
What size grants does Newton Rotary Club Endowment Inc award?
In 2024, Newton Rotary Club Endowment Inc awarded 4 grants totaling $16K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Newton Rotary Club Endowment Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Newton Rotary Club Endowment Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Newton Rotary Club Endowment Inc's EIN?
Newton Rotary Club Endowment Inc's EIN (Employer Identification Number) is 22-3223370. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Newton Rotary Club Endowment Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Point West Rotary Club Foundation
SACRAMENTO, CA
Assets
$1.8M
Grants
11
Total Given
$101K
The Hand Foundation Inc
CHATTANOOGA, TN
Assets
$790K
Grants
22
Total Given
$45K
Illinois Prairie Community Foundation
BLOOMINGTON, IL
Assets
$27.5M
Grants
66
Total Given
$2.1M
Ernav Charitable Trust
BRADENTON, FL
Assets
$64K
Grants
5
Total Given
$17K
Cole Family Foundation
REPUBLIC, OH
Assets
$21K
Grants
15
Total Given
$9K
Daniels Family Sustainable Energy
SEBASTOPOL, CA
Assets
$19K
Grants
2
Total Given
$13K
Jones Family Charitable Foundation
SARASOTA, FL
Assets
—
Grants
27
Total Given
$14K
Mac Millan Family Foundation Inc
SAN JOSE, CA
Assets
$52K
Grants
16
Total Given
$10K
The Ron and Cindy Maulsby Foundation
SAN ANTONIO, TX
Assets
$5K
Grants
2
Total Given
$526
Rotary Club of Charlotte North Car
CHARLOTTE, NC
Assets
$244K
Grants
1
Total Given
$12K
The Spidell Foundation
MONUMENT, CO
Assets
$985K
Grants
10
Total Given
$31K
Rotary International
LACEY, WA
Assets
$197K
Grants
1
Total Given
$11K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Newton Rotary Club Endowment 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