Ray and Nylene Newkirk Family Foundation
The Ray and Nylene Newkirk Family Foundation is a private foundation based in Wayzata, Minnesota. The foundation manages substantial assets and distributes grants to charitable organizations across multiple states in the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.0M
-0.1% YoY
Annual Giving
$601K
+10.6% YoY
Grant Count
30
-14.3% YoY
Avg Grant Size
$20K
+29.1% YoY
Under IRS private-foundation payout rules, Ray and Nylene Newkirk Family Foundation reported a distributable amount of $672K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports projects in Education, Philanthropy, Voluntarism & Grantmaking, and Human Services. While the foundation does not specify particular subject areas in detail, it has demonstrated a commitment to funding initiatives across these broad categories.
Grantmaking
The foundation appears to be open to new applicants.
Grant Range
$10,000
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple states, including:
- Minnesota
- Florida
- Wisconsin
- New York
- And various other U.S. cities and states
The foundation has supported projects in major cities including New York, Miami, and Minneapolis, as well as smaller communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $10,027,403
- Total Giving (2024): $600,750
- Foundation Expenses: Approximately $619,263
- Foundation Revenue: $262,042
- Annual Giving Rate: 6.0% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,027,403 | $10,034,542 | $10,391,763 |
| Revenue | $681,217 | $262,042 | $539,596 |
| Expenses | $688,356 | $619,263 | $663,626 |
| Qualifying Distributions | $600,750 | $542,935 | $588,387 |
| Net Investment Income | $584,946 | $179,723 | $175,015 |
| Distributable Amount | $672,172 | $577,122 | $565,892 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
124 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dunwoody College of Technology ($175,000), Ducks Unlimited Inc ($90,000), Minnesota Landscape Arboretum ($80,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOWLS FOR BRAIN POWER BURNSVILLE, MN | GENERAL FUND | $500 |
| CENTRAL MINNESOTA COMMUNITY FOUNDATION SAINT CLOUD, MN | GENERAL FUND | $20,000 |
| CHILDREN'S MINNESOTA FOUNDATION EDINA, MN | GENERAL FUND | $10,000 |
| CRAZY HORSE MEMORIAL CRAZY HORSE, SD | GENERAL FUND | $1,000 |
| DUCKS UNLIMITED INC MEMPHIS, TN | GENERAL FUND | $90,000 |
| DUNWOODY COLLEGE OF TECHNOLOGY MINNEAPOLIS, MN | GENERAL FUND | $175,000 |
| EAU CLAIRE COMMUNITY PARKS ASSOC EAU CLAIRE, WI | GENERAL FUND | $10,000 |
| EAU CLAIRE YOUTH HOCKEY ASSOC EAU CLAIRE, WI | GENERAL FUND | $10,000 |
| FRIENDS OF BOCA GRANDE BOCA GRANDE, FL | GENERAL FUND | $1,000 |
| FRIENDS OF MWHS MINNESTRISTA, MN | GENERAL FUND | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by:
- Raymond Newkirk – President
- Nylene Newkirk – Vice President
- Troy Newkirk – Treasurer
- Lou Newkirk-Ledo – Secretary
All leadership members serve voluntarily without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAYMOND NEWKIRK | PRESIDENT | 1 | — |
| NYLENE NEWKIRK | VICE PRESIDENT | 1 | — |
| TROY NEWKIRK | TREASURER | 1 | — |
| LOU NEWKIRK-LEDO | SECRETARY | 1 | — |
Contact Information
Address: 1489 Shoreline Drive, Wayzata, MN 55391-9767
Tax ID (EIN): 85-3763691
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Ray and Nylene Newkirk Family Foundation fund?
The foundation supports projects in Education, Philanthropy, Voluntarism & Grantmaking, and Human Services. While the foundation does not specify particular subject areas in detail, it has demonstrated a commitment to funding initiatives across these broad categories.
How do I apply for a grant from Ray and Nylene Newkirk Family Foundation?
**Grant Activity:** • Total giving in 2024: $600,750 • Number of grants made in 2024: 26 • Median grant size: $10,000 • Grant range: $1,000–$175,000 • Typical awards: $100,000–$325,000 The foundation appears to be open to new applicants.
Where does Ray and Nylene Newkirk Family Foundation make grants?
The foundation funds projects across multiple states, including: • Minnesota • Florida • Wisconsin • New York • And various other U.S. cities and states The foundation has supported projects in major cities including New York, Miami, and Minneapolis, as well as smaller communities.
What size grants does Ray and Nylene Newkirk Family Foundation award?
In 2024, Ray and Nylene Newkirk Family Foundation awarded 30 grants totaling $601K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Ray and Nylene Newkirk Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ray and Nylene Newkirk Family Foundation reported a distributable amount of $672K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ray and Nylene Newkirk Family Foundation's EIN?
Ray and Nylene Newkirk Family Foundation's EIN (Employer Identification Number) is 85-3763691. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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