The Paul L Newman Foundation

MERION STATION, PA EIN: 31-1287283

The Paul L Newman Foundation is a private foundation based in Merion Station, Pennsylvania. The organization has been tax-exempt since June 1994 and operates as a 501(c)(3) charitable organization.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+36.4% YoY

Annual Giving

$97K

-26.6% YoY

Grant Count

+11.8% YoY

Avg Grant Size

$5K

-34.3% YoY

Under IRS private-foundation payout rules, The Paul L Newman Foundation reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focus areas include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
Nonprofit Human Services
Human and Social Service Grants
Poverty Alleviation

The foundation primarily funds unrestricted contributions to its grantees.

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Pennsylvania, Ohio, and New York.

Grant Distribution by State

Pennsylvania $306K (55%)

New York $237K (43%)

Florida $3K (1%)

Ohio $2K (0%)

California $2K (0%)

North Carolina $1K (0%)

Virginia $756 (0%)

Iowa $500 (0%)

+1 more states

States

California Florida Iowa North Carolina New Jersey New York Ohio Pennsylvania Virginia

Cities

AlexandriaArdmoreBala CynwydBelmont HillsBooneBryn MawrCharlotteCherry HillCincinnatiFort BelvoirLos AngelesMelrose ParkMerion StationNew YorkPalm CoastPhiladelphiaSarasotaSarasotoWarringtonWynnewood

Financial History

Multi-year comparison from IRS filings

Most Recent (2023):

Total Assets: $970,018
Total Revenue: $127,133
Total Expenses: $154,806
Total Liabilities: $89,800

2024 Data:

Total Assets: $1,323,338
Total Giving: $105,990

Revenue Breakdown (2023):

Total grants and contributions: $100,638
Investment income and dividends: $22,722
Net gain from sale of non-inventory assets: $3,773

The foundation has zero employees and operates as a grantmaking organization.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,323,338	$970,018	$902,120
Revenue	$349,606	$127,133	$40,580
Expenses	$120,249	$154,806	$74,537
Qualifying Distributions	$110,619	$135,835	$56,367
Net Investment Income	$16,123	$15,302	$14,111
Distributable Amount	$60,334	$45,843	$44,955

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

102 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pef Endowment Funds ($51,704), Israel Guide Dog Center for the Bli ($16,973), Kosloff Torah Academy ($10,673).

Recipient	Purpose	Amount
AMERICAN JEWISH JOINT DISTRIBUTION NEW YORK, NY	UNRESTRICTED CONTRIBUTION	$360
AMERICAN RED CROSS CHARLOTTE, NC	UNRESTRICTED CONTRIBUTION	$360
ANTI-DEFAMATION LEAGUE PHILADELPHIA, PA	UNRESIRICTED CONTRIBUTION	$1,000
BALA CYNWYD LIBRARY BALA CYNWYD, PA	UNRESTRICTED CONTRIBUTION	$2,925
CAMP GAN ISRAEL WYNNEWOOD, PA	UNRESTRICTED CONTRIBUTION	$250
CONGREGATION SHAARE ORAH BALA CYNWYD, PA	UNRESTRICTED CONTRIBUTION	$447
FREE LIBRARY OF PHILADELPHIA PHILADELPHIA, PA	UNRESTRICTED CONTRIBUTION	$750
HILLEL-UNIV OF CINCINNATI CINCINNATI, OH	UNRESTRICTED CONTRIBUTION	$520
HOSPICE OF CINCINNATI CINCINNATI, OH	UNRESTRICTED CONTRIBUTION	$250
ISRAEL GUIDE DOG CENTER FOR THE BLI WARRINGTON, PA	UNRESTRICTED CONTRIBUTION	$16,973

Leadership & Key People

Leadership team and compensation from IRS filings

Paul L Newman serves as President of the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PAUL L NEWMAN	PRESIDENT	—	—

Frequently Asked Questions

What does The Paul L Newman Foundation fund?

The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Nonprofit Human Services • Human and Social Service Grants • Poverty Alleviation The foundation primarily funds unrestricted contributions to its grantees.

How do I apply for a grant from The Paul L Newman Foundation?

**Grant Activity:** • Made 27 grants in 2023 • Total giving in 2023: $105,990 • Typical award range: $120–$61,933 **Recent Grantees (2023):** • Pef Israel Endowment Funds: $21,223 (unrestricted contribution) • Keren Or: $10,179 (unrestricted contribution) • Bala Cynwyd Memorial Library: $2,100 (unrestricted contribution) **Historical Grantees (2021):** • American Red Cross: $500 • Amit: $1,156 • Bala Cynwyd Library: $1,100 • Belmont Hills Fire Company: $250 • Chevra: $620 • Congregation Shaare …

Where does The Paul L Newman Foundation make grants?

The foundation primarily funds organizations in Pennsylvania, Ohio, and New York.

What size grants does The Paul L Newman Foundation award?

In 2024, The Paul L Newman Foundation awarded 19 grants totaling $97K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Paul L Newman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Paul L Newman Foundation reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.