The Carol & Melvin Newman
The Carol & Melvin Newman is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $45K. Net investment income was $38K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-2.6% YoY
Annual Giving
$45K
-50.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$45K
-50.4% YoY
Under IRS private-foundation payout rules, The Carol & Melvin Newman reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
About The Carol & Melvin Newman
Based on IRS filings
The Carol & Melvin Newman is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $45K. Net investment income was $38K.
Ready to take the next step with The Carol & Melvin Newman?
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 | $1,115,766 | $1,145,592 | $1,197,307 |
| Revenue | $22,773 | $41,679 | $32,324 |
| Expenses | $49,345 | $94,524 | $50,050 |
| Qualifying Distributions | $44,521 | $89,815 | $43,120 |
| Net Investment Income | $37,617 | $36,970 | $25,745 |
| Distributable Amount | $53,883 | $54,749 | $58,260 |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See ($44,521).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE NEW YORK, NY | VARIOUS | $44,521 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MELVIN D NEWMAN | President | — | — |
| CAROL NEWMAN | VP/Treas | — | — |
| JOSHUA NEWMAN | Director | — | — |
Frequently Asked Questions
How large is The Carol & Melvin Newman?
As of 2024, The Carol & Melvin Newman holds $1.1M in total assets with $23K in annual revenue. It awarded 1 grants totaling $45K in 2024.
Where does The Carol & Melvin Newman operate?
The Carol & Melvin Newman has awarded grants in New York.
What size grants does The Carol & Melvin Newman award?
In 2024, The Carol & Melvin Newman awarded 1 grants totaling $45K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is The Carol & Melvin Newman required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Carol & Melvin Newman reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Carol & Melvin Newman's EIN?
The Carol & Melvin Newman's EIN (Employer Identification Number) is 13-6162759. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Carol & Melvin Newman's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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