The Quinton B & Beverly H Mcnew
The Quinton B & Beverly H Mcnew is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT MYERS, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.3M in total assets. In 2023, it awarded 16 grants totaling $82K. Net investment income was $37K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$1.3M
+9.9% YoY
Annual Giving
$82K
+2.5% YoY
Grant Count
16
+0.0% YoY
Avg Grant Size
$5K
+2.5% YoY
Under IRS private-foundation payout rules, The Quinton B & Beverly H Mcnew reported a distributable amount of $81K for 2023 — the minimum it must pay out in qualifying distributions.
About The Quinton B & Beverly H Mcnew
Based on IRS filings
The Quinton B & Beverly H Mcnew is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT MYERS, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.3M in total assets. In 2023, it awarded 16 grants totaling $82K. Net investment income was $37K.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,312,817 | $1,194,999 | $1,153,123 |
| Revenue | $273,030 | $198,396 | $232,175 |
| Expenses | $155,212 | $156,520 | $179,112 |
| Qualifying Distributions | $94,613 | $93,347 | $116,038 |
| Net Investment Income | $37,431 | $223 | $4,101 |
| Distributable Amount | $80,759 | $81,067 | $82,338 |
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 2023
Grant Size Distribution
69 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Community Cooperative Ministries ($10,000), Swfl Community Prayer Breakfast ($10,000), Cornerstone Ministries ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLESSINGS IN A BACKPACK LOUISVILLE, KY | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $5,000 |
| COMMUNITY COOPERATIVE MINISTRIES FORT MYERS, FL | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $10,000 |
| CORNERSTONE MINISTRIES FORT MYERS, FL | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $8,000 |
| INTERVARSITY FORT MYERS, FL | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $5,000 |
| NAPLES SHELTER NAPLES, FL | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $5,000 |
| NEW MISSIONS INTERNATIONAL FORT MYERS, FL | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $5,000 |
| OUR MOTHER'S HOME FORT MYERS, FL | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $5,000 |
| SPECIAL EQUESTRIANS FORT MYERS, FL | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $5,000 |
| ST JUDES CHILDREN HOSPITAL MEMPHIS, TN | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $1,000 |
| SWFL COMMUNITY PRAYER BREAKFAST FORT MYERS, FL | FINANCIAL SUPPORT TO BE USED FOR ORGANIZATION OBJECTIVES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BEVERLY H MCNEW | DIR/SECRETARY | — | — |
| RONALD E INGE | DIRECTOR | — | — |
| DORIS SWOR | DIRECTOR | — | — |
| JOHN A NOLAND | DIRECTOR | — | — |
| AMANDA BROCK | DIRECTOR | — | — |
| ELIZABETH A MCNEW | DIRECTOR/EXEC DIR | 40 | $59,269 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Quinton B & Beverly H Mcnew?
The Quinton B & Beverly H Mcnew is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT MYERS, FL. It holds $1.3M in total assets as of 2023.
How large is The Quinton B & Beverly H Mcnew?
As of 2023, The Quinton B & Beverly H Mcnew holds $1.3M in total assets with $273K in annual revenue. It awarded 16 grants totaling $82K in 2023.
Where does The Quinton B & Beverly H Mcnew operate?
The Quinton B & Beverly H Mcnew has awarded grants in Florida, Kentucky, North Carolina, Tennessee, Texas.
What size grants does The Quinton B & Beverly H Mcnew award?
In 2023, The Quinton B & Beverly H Mcnew awarded 16 grants totaling $82K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Quinton B & Beverly H Mcnew required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Quinton B & Beverly H Mcnew reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Quinton B & Beverly H Mcnew's EIN?
The Quinton B & Beverly H Mcnew's EIN (Employer Identification Number) is 65-0568022. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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