Funder DirectoryTHE NEWMAN FOUNDATION INC
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Private foundation (trust)EIN 226410797Est. 1988-06

THE NEWMAN FOUNDATION INC

SHORT HILLS, NJ 070782534

Total Assets

$1.6M

FY 2023

Annual Giving

$42K

FY 2023

Grants Made

11

FY 2023

Avg Grant

$4K

FY 2023

Grant Range

$1K–$5K

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$115K

Total Expenses

$77K

Qualifying Distributions

$50K

Distributable Amount

$70K

Min. Investment Return

$72K

Undistributed Income

$50K

Payout rate 71%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.71%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

11 grants

Grant sizes from minimum $1K through median $5K to maximum $5K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $50K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

46 grants

MEMORIAL SLOAN KETTERING CANCER CENTER
$45K
5 grants
ASSOCIATION FOR FRONTOTEMPORAL DEGENERATION
$28K
4 grants
YALE UNIVERSITY ALUMNI FUND
$22K
6 grants
SACRED HEART GREENWICH
$11K
3 grants
HARVARD BUSINESS SCHOOL
$10K
2 grants
SETON HALL PREP
$10K
2 grants
COOPERMAN BARNABAS MEDICAL CENTER
$10K
2 grants
ST ROSE OF LIMA CHURCH
$9K
3 grants

Grant Size Distribution

46 grants

<$10K
44
grants
$10–50K
2
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

6 states

New York
$53K
30% of total
New Jersey
$49K
28% of total
Connecticut
$33K
19% of total
Pennsylvania
$28K
16% of total
Massachusetts
$10K
6% of total
Tennessee
$1K
1% of total

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THE NEWMAN FOUNDATION INC — Grants, Financials & Contact | Grantivo