The Newsome Family Foundation
The Newsome Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $653K in total assets. In 2024, it awarded 6 grants totaling $161K. Net investment income was $562K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$653K
+243.4% YoY
Annual Giving
$161K
+256.7% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$27K
+78.3% YoY
About The Newsome Family Foundation
Based on IRS filings
The Newsome Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $653K in total assets. In 2024, it awarded 6 grants totaling $161K. Net investment income was $562K.
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 | $652,639 | $190,074 | $203,547 |
| Revenue | $632,545 | $35,830 | $24,094 |
| Expenses | $169,980 | $49,303 | $77,198 |
| Qualifying Distributions | $160,500 | $45,000 | $72,372 |
| Net Investment Income | $561,606 | $31,527 | $21,268 |
| Distributable Amount | $25,467 | $18,617 | $21,110 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL J NEWSOME | DIRECTOR | 1 | — |
| STACEY N WALD | DIRECTOR | 1 | — |
| KELLY N FREDETTE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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