The Newman Family Foundation Inc
The Newman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 18 grants totaling $171K. Net investment income was $231K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
+2.6% YoY
Annual Giving
$171K
+4.8% YoY
Grant Count
18
-14.3% YoY
Avg Grant Size
$9K
+22.2% YoY
Under IRS private-foundation payout rules, The Newman Family Foundation Inc reported a distributable amount of $153K for 2024 — the minimum it must pay out in qualifying distributions.
About The Newman Family Foundation Inc
Based on IRS filings
The Newman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 18 grants totaling $171K. Net investment income was $231K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,404,087 | $2,344,247 | $2,430,008 |
| Revenue | $234,120 | $80,681 | $47,418 |
| Expenses | $174,280 | $166,442 | $172,873 |
| Qualifying Distributions | $170,980 | $166,442 | $169,195 |
| Net Investment Income | $230,820 | $80,681 | $38,278 |
| Distributable Amount | $153,261 | $141,004 | $146,106 |
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
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tag Children's Museum of St Augustine ($50,000), Ymca ($40,000), His Light Ministries ($17,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALSACST JUDE CHILDREN'S HOSPITAL MEMPHIS, TN | GENERAL SUPPORT | $2,500 |
| CENTRAL PARK CONSERVANCY NEW YORK, NY | OPERATIONAL | $2,500 |
| CITY FOR THE NATIONS LEXINGTON, KY | OPERATIONAL | $5,250 |
| CITY HARVEST NEW YORK, NY | OPERATIONAL | $3,000 |
| DUTCHESS LAND CONSERVANCY MILLBROOK, NY | GENERAL SUPPORT | $8,500 |
| ENTERTAINMENT COMMUINITY FUND NEW YORK, NY | OPERATIONAL | $5,000 |
| EQUIPPING LEADERS INTERNATIONAL ST AUGUSTINE, FL | OPERATIONAL | $2,500 |
| FELLOWSHIP OF CHRISTIAN ATHLETES JACKSONVILLE, FL | GENERAL SUPPORT | $5,000 |
| HIS LIGHT MINISTRIES WILKESBORO, NC | OPERATIONAL | $17,500 |
| ISIAH 117 HOUSE ELIZABETHTON, TN | GENERAL SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES W NEWMAN | PRESIDENT | 2 | — |
| DIANE G NEWMAN | VICE PRESIDENT | 2 | — |
| CHARLES J NEWMAN | SECRETARY | 2 | — |
| MARC A NEWMAN | TREASURER | 2 | — |
| LAUREN P NEWMAN | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Newman Family Foundation Inc?
The Newman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GARDEN CITY, NY. It holds $2.4M in total assets as of 2024.
How large is The Newman Family Foundation Inc?
As of 2024, The Newman Family Foundation Inc holds $2.4M in total assets with $234K in annual revenue. It awarded 18 grants totaling $171K in 2024.
Where does The Newman Family Foundation Inc operate?
The Newman Family Foundation Inc has awarded grants in Florida, Georgia, Kentucky, Maryland, Minnesota, North Carolina, New York, South Carolina, Tennessee.
What size grants does The Newman Family Foundation Inc award?
In 2024, The Newman Family Foundation Inc awarded 18 grants totaling $171K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Newman Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Newman Family Foundation Inc reported a distributable amount of $153K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Newman Family Foundation Inc's EIN?
The Newman Family Foundation Inc's EIN (Employer Identification Number) is 59-3560674. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Newman Family Foundation Inc'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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