The Newsome Family Foundation

Private foundation · Grantmaker Birmingham, AL EIN: 20-0482177

The Newsome Family Foundation is a private foundation, based in Birmingham, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $474K in total assets. In 2025, it awarded 6 grants totaling $219K. Net investment income was $47K.

The Newsome Family Foundation at a glance

In short: The Newsome Family Foundation gave $219K across 6 grants in 2025 (avg $36K), mostly in Alabama. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$218,500
+36.1% vs 2024
Grants made (2025)
6
+0.0% vs 2024
Average grant
$36,417
+36.1% vs 2024
Median grant
$6,750
Total assets
$473,663
-27.4% vs 2024
Primary geography
Alabama (98% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Newsome Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Asbury United Methodist: $155KAsbury United Methodist$155KSamford University: $40KSamford University$40KThe Friends of Rickwood Field: $9KThe Friends of Rickwood Field$9KO'Neal Comprehensive Cancer: $5KO'Neal Comprehensive Cancer$5KAlabama Kidney Foundation: $5KAlabama Kidney Foundation$5KConcussion Legacy Foundation: $5KConcussion Legacy Foundation$5K

The largest 2025 recipient was Asbury United Methodist ($155K). Together the top 6 received $219K.

Grant Size Distribution

33 grants across all recorded years

31<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 33 (94%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

BirminghamIrondaleStanfordBostonKennesawTuscaloosaWashington

How The Newsome Family Foundation gives

  • Giving grew 202% from 2022 to 2025. Method
  • In 2025 it paid out 628% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2020 8 grants2021 10 grants2022 3 grants2023 6 grants2024 6 grants2025

From 2021 to 2025, annual grant giving ranged from $45K (2023) to $219K (2025). In 2025 it made 6 grants totaling $219K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Asbury United Methodist Birmingham, ALBenevolent Offering$155,000
Samford University Birmingham, ALBenevolent Offering$40,000
The Friends of Rickwood Field Birmingham, ALBenevolent Offering$8,500
O'Neal Comprehensive Cancer Birmingham, ALBenevolent Offering$5,000
Alabama Kidney Foundation Birmingham, ALBenevolent Offering$5,000
Concussion Legacy Foundation Boston, MABenevolent Offering$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$473,663$56,795$235,771$218,5006$218,500$47,030$34,799
2024$652,639$632,545$169,980$160,5006$160,500$561,606$25,467
2023$190,074$35,830$49,303$45,0003$45,000$31,527$18,617
2022$203,547$24,094$77,198$72,37210$72,372$21,268$21,110
2021$505,423$423,369$90,077$86,7508$89,242$112,911$15,672
2020$172,131$6,269$3,436———$2,943$10,159

Under IRS private-foundation payout rules, The Newsome Family Foundation reported a distributable amount of $35K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Newsome Family Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kelly N. Fredette

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael J. Newsome

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stacey N. Wald

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Newsome Family Foundation

How much does The Newsome Family Foundation give each year?

The Newsome Family Foundation gave $219K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $161K across 6 grants.

What is The Newsome Family Foundation's typical grant size?

The Newsome Family Foundation's median grant in 2025 was $6,750, and its average grant was $36,417, across 6 grants on its 2025 IRS Form 990-PF.

Where does The Newsome Family Foundation give grants?

The Newsome Family Foundation gives mostly in Alabama: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Birmingham, AL (5 grants).

Does The Newsome Family Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on The Newsome Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Benevolent Offering" (6 grants).

Who are The Newsome Family Foundation's largest grantees?

The Newsome Family Foundation's largest 2025 grantees include Asbury United Methodist ($155,000), Samford University ($40,000) and The Friends of Rickwood Field ($8,500), according to its 2025 IRS Form 990-PF. Together they received 93% of its itemized 2025 grant dollars.

How large is The Newsome Family Foundation?

The Newsome Family Foundation reported $474K in total assets on its 2025 IRS Form 990-PF. It paid out $219K in qualifying distributions that year, against a required minimum of $35K (roughly 5% of its investment assets).

What is The Newsome Family Foundation's EIN?

The Newsome Family Foundation's EIN (Employer Identification Number) is 20-0482177. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 17, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 24, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 10, 2026)
  7. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Newsome Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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