Wo and Lois Newell Charitable Trust
Wo and Lois Newell Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Somerset, KY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $13.7M in total assets. In 2025, it awarded 13 grants totaling $809K. Net investment income was $508K.
Key facts about Wo and Lois Newell Charitable Trust
In short: Wo and Lois Newell Charitable Trust gave $809K across 13 grants in 2025 (avg $62K), mostly in Kentucky. 8% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 26-3939254
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $809,160
- Grants made (2025)
- 13
- Average grant
- $62,243
- Median grant
- $40,458
- New grantees (estimate)
- 8% first-time grantees (1 of 13, 2025)
- Total assets
- $13,660,544
- Primary geography
- Kentucky (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$13.7M
+2.0% YoY
Annual Giving
$809K
+8.1% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$62K
+8.1% YoY
Under IRS private-foundation payout rules, Wo and Lois Newell Charitable Trust reported a distributable amount of $846K for 2025 — the minimum it must pay out in qualifying distributions.
Is Wo and Lois Newell Charitable Trust open to new grantees?
8%
first-time grantees, 2025
In 2025, 1 of 13 grantees (8%) were first-time recipients. First grants averaged $24K; repeat grants $65K. How we count
Medians: $24K first-time, $49K repeat.
- 92% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−2%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Ready to take the next step with Wo and Lois Newell Charitable Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| GRACE BAPTIST CHURCH Somerset, KY | PER DONEE'S GENERAL PURPOSE | $202,290 |
| CLEAR CREEK BAPTIST BIBLE COLLEGE Pineville, KY | PER DONEE'S GENERAL PURPOSE | $80,916 |
| ONEIDA BAPTIST INSTITUTE Oneida, KY | PER DONEE'S GENERAL PURPOSE | $80,916 |
| SUNRISE CHILDREN'S SERVICES Mount Washington, KY | PER DONEE'S GENERAL PURPOSE | $80,916 |
| UNIVERSITY OF THE CUMBERLANDS Williamsburg, KY | PER DONEE'S GENERAL PURPOSE | $80,916 |
| UNIVERSITY OF KENTUCKY Lexington, KY | PER DONEE'S GENERAL PURPOSE | $56,641 |
| BEREA COLLEGE Berea, KY | PER DONEE'S GENERAL PURPOSE | $40,458 |
| MASONIC HOME OF LOUISVILLE Masonic Home, KY | PER DONEE'S GENERAL PURPOSE | $40,458 |
| SOMERSET COMMUNITY COLLEGE Somerset, KY | PER DONEE'S GENERAL PURPOSE | $40,458 |
| SOUTHERN SEMINARY Louisville, KY | PER DONEE'S GENERAL PURPOSE | $40,458 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $13,660,544 | $13,391,998 | $13,436,782 |
| Revenue | $1,206,586 | $828,957 | $711,332 |
| Expenses | $938,040 | $873,729 | $881,234 |
| Qualifying Distributions | $809,160 | $748,367 | $765,380 |
| Net Investment Income | $507,723 | $461,771 | $497,848 |
| Distributable Amount | $845,509 | $809,159 | $748,369 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 13, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 21, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 23, 2026)
- IRS filings on file for fiscal years 2019–2025
Frequently asked questions about Wo and Lois Newell Charitable Trust
How much does Wo and Lois Newell Charitable Trust give each year?
Wo and Lois Newell Charitable Trust gave $809K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $748K across 13 grants.
What is Wo and Lois Newell Charitable Trust's typical grant size?
Wo and Lois Newell Charitable Trust's median grant in 2025 was $40,458, and its average grant was $62,243, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Wo and Lois Newell Charitable Trust that year got $24K on average.
Where does Wo and Lois Newell Charitable Trust give grants?
Wo and Lois Newell Charitable Trust gives mostly in Kentucky: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Somerset, KY (2 grants) and Burnside, KY (2 grants).
Does Wo and Lois Newell Charitable Trust give general operating support?
Yes: 100% of Wo and Lois Newell Charitable Trust's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Wo and Lois Newell Charitable Trust's largest grantees?
Wo and Lois Newell Charitable Trust's largest 2025 grantees include Grace Baptist Church ($202,290), Clear Creek Baptist Bible College ($80,916) and Oneida Baptist Institute ($80,916), according to its 2025 IRS Form 990-PF. Together they received 45% of its itemized 2025 grant dollars.
How large is Wo and Lois Newell Charitable Trust?
Wo and Lois Newell Charitable Trust reported $13.7M in total assets on its 2025 IRS Form 990-PF. It paid out $809K in qualifying distributions that year, against a required minimum of $846K (roughly 5% of its investment assets).
What is Wo and Lois Newell Charitable Trust?
Wo and Lois Newell Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Somerset, KY. It holds $13.7M in total assets as of 2025.
What is Wo and Lois Newell Charitable Trust's EIN?
Wo and Lois Newell Charitable Trust's EIN (Employer Identification Number) is 26-3939254. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Wo and Lois Newell Charitable Trust by hand.
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