The Newman Foundation Inc

SHORT HILLS, NJ EIN: 22-6410797

The Newman Foundation Inc is a private foundation, based in SHORT HILLS, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $812K in total assets. In 2024, it awarded 11 grants totaling $42K. Net investment income was $88K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$812K

+4.9% YoY

Annual Giving

$42K

-16.0% YoY

Grant Count

11

-21.4% YoY

Avg Grant Size

$4K

+6.9% YoY

About The Newman Foundation Inc

Based on IRS filings

The Newman Foundation Inc is a private foundation, based in SHORT HILLS, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $812K in total assets. In 2024, it awarded 11 grants totaling $42K. Net investment income was $88K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BostonBronxBrooklynClevelandGreenwichKing Of PrussiaLivingstonMorristownNew HavenNew YorkNewarkShort HillsSomersetTotowaWest Orange

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32K$63K$95K$126K2021202220232024
Metric202420232022
Total Assets$811,880$773,823$790,582
Revenue$114,687$69,238$71,543
Expenses$76,630$85,997$70,443
Qualifying Distributions$50,166$73,808$59,518
Net Investment Income$88,223$57,049$60,618
Distributable Amount$70,274$60,592$64,303

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$50K11 grants202110 grants202214 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HARVARD BUSINESS SCHOOL$5KMEMORIAL SLOAN KETTERING…$5KYALE UNIVERSITY ALUMNI F…$5KSETON HALL PREP$5KASSOCIATION FOR FRONTOTE…$5KYALE UNIVERSITY ALUMNI F…$5KSACRED HEART GREENWICH$5KMISSIONARIES OF CHARITY$3KST ROSE OF LIMA CHURCH$3KCONSOLATA MISSIONARIES$1K

Grant Size Distribution

46 grants across all recorded years

46<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KERRY SULLIVANPRESIDENT/TRUSTEE
BRIAN NEWMANTREASURER
STEPHEN NEWMANSECRETARY

Related Funders

Similar funders by location and focus area

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

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