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Filing year 2024

RAY AND NYLENE NEWKIRK FAMILY FOUNDATION

Wayzata, Minnesota·EIN 85-3763691·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$681k
Total assets
$10M
Total expenses
$688k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. RAY AND NYLENE NEWKIRK FAMILY FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$601k

Itemized grants

30

Median grant

$9k

RecipientLocationPurposeAmount
DUNWOODY COLLEGE OF TECHNOLOGYMINNEAPOLIS, MNGENERAL FUND$175k
DUCKS UNLIMITED INCMEMPHIS, TNGENERAL FUND$90k
MINNESOTA LANDSCAPE ARBORETUMCHASKA, MNGENERAL FUND$80k
MOUNT CALVARY LUTHERAN CHURCHEAGAN, MNGENERAL FUND$50k
THE RETREATWAYZATA, MNGENERAL FUND$30k
RIDGEVIEW FOUNDATIONWACONIA, MNGENERAL FUND$25k
CENTRAL MINNESOTA COMMUNITY FOUNDATIONSAINT CLOUD, MNGENERAL FUND$20k
FRIENDS OF MWHSMINNESTRISTA, MNGENERAL FUND$20k
LEVI'S LEGACYPARKER, COGENERAL FUND$15k
CHILDREN'S MINNESOTA FOUNDATIONEDINA, MNGENERAL FUND$10k
EAU CLAIRE COMMUNITY PARKS ASSOCEAU CLAIRE, WIGENERAL FUND$10k
EAU CLAIRE YOUTH HOCKEY ASSOCEAU CLAIRE, WIGENERAL FUND$10k
LILA BOOSTER CLUBFOREST LAKE, MNGENERAL FUND$10k
MIDWAY USA FOUNDATIONCOLUMBIA, MOGENERAL FUND$10k
MAYO CLINICROCHESTER, MNGENERAL FUND$10k
INTERFAITH OUTREACH & COMMUNITY PARTNERSPLYMOUTH, MNGENERAL FUND$7k
GICIA (GASPARILLA ISLAND CONSERVATION & IMPROVEMENT ASSOC)BOCA GRANDE, FLGENERAL FUND$5k
MACULAR DEGENERATION RESEARCHCLARKSBURG, MDGENERAL FUND$5k
MINNEAPOLIS INSTITUTE OF ARTMINNEAPOLIS, MNGENERAL FUND$5k
SAVE OUR MONARCHSMINNEAPOLIS, MNGENERAL FUND$5k
PARKINSONS RESEARCH FOUNDATIONMIAMI, FLGENERAL FUND$2k
CRAZY HORSE MEMORIALCRAZY HORSE, SDGENERAL FUND$1k
FRIENDS OF BOCA GRANDEBOCA GRANDE, FLGENERAL FUND$1k
THE LAKE MINNETONKA ASSOCIATIONEXCELSIOR, MNGENERAL FUND$1k
VICTORIA LIONS - WOUNDED WARRIORSVICTORIA, MNGENERAL FUND$1k
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Financial trend

Revenue and expenses over time

RAY AND NYLENE NEWKIRK FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$262k
$619k
2023
$681k
$688k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

RAY AND NYLENE NEWKIRK FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota →
FAQ

Common questions about RAY AND NYLENE NEWKIRK FAMILY FOUNDATION

What are RAY AND NYLENE NEWKIRK FAMILY FOUNDATION's revenue and expenses?

In 2024, RAY AND NYLENE NEWKIRK FAMILY FOUNDATION reported $681k in total revenue and $688k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.