The Newman Foundation Inc
Preselected recipients only
The Newman Foundation Inc is a private foundation in Short Hills, New Jersey. In tax year 2024 it gave $60,000 in 10 grants; the typical grant was $5,000 and the largest $15,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$60,000
- Number of grants10
- Typical grant$5,000
- Largest grant$15,000
- Assets$1.6 million
- New grantees70%
Giving in 2024 was up from $42,000 the year before.
70% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $50,000 | 14 | $1.3 million |
| 2023 | $42,000 | 11 | $1.6 million |
| 2024 | $60,000 | 10 | $1.6 million |
How to apply
The Newman Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Newman Foundation Inc funds
Where it gives
Its grants went to recipients in 4 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 4 | $30,000 |
| Connecticut | 2 | $15,000 |
| Massachusetts | 3 | $10,000 |
| New York | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Delbarton School | General | $15,000 |
| Yale University-Alumni Fund Class of 1995 | General | $10,000 |
| Harvard Business School | General | $5,000 |
| Memorial Sloan Kettering Cancer Center | Dr. Falchi lymphoma research | $5,000 |
| Yale University-Alumni Fund Class of 1952 | General | $5,000 |
| Seton Hall Prep | General | $5,000 |
| Far Hills County Day School | General | $5,000 |
| St John's Nursery School | General | $5,000 |
| St John's School | General | $2,500 |
| Xaverian Brothers High School | General | $2,500 |
Officers and trustees
- Kerry Sullivan
- Brian Newman
- Stephen Newman
Questions people ask
Does The Newman Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Newman Foundation Inc give?
$60,000 in tax year 2024, across 10 grants, with a typical grant of $5,000.
Who runs The Newman Foundation Inc?
Its 2024 filing lists Kerry Sullivan (President/Trustee), Brian Newman (Treasurer) and Stephen Newman (Secretary).
What does The Newman Foundation Inc fund?
Based on its grants, mainly education.