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Filing year 2023

THE NEWMAN FOUNDATION INC

Short Hills, New Jersey·EIN 22-6410797·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$115k
Total assets
$812k
Total expenses
$77k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. THE NEWMAN FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

Treasurer
Secretary
President/trustee

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$42k

Itemized grants

11

Median grant

$5k

RecipientLocationPurposeAmount
HARVARD BUSINESS SCHOOLBOSTON, MAGENERAL$5k
MEMORIAL SLOAN KETTERING CANCER CENTERNEW YORK, NYDR. FALCHI LYMPHOMA RESEARCH$5k
YALE UNIVERSITY ALUMNI FUNDNEW HAVEN, CTCLASS OF 1952$5k
SETON HALL PREPWEST ORANGE, NJGENERAL$5k
ASSOCIATION FOR FRONTOTEMPORAL DEGENERATIONKING OF PRUSSIA, PAGENERAL$5k
YALE UNIVERSITY ALUMNI FUNDNEW HAVEN, CTCLASS OF 1995$5k
SACRED HEART GREENWICHGREENWICH, CTGENERAL$5k
MISSIONARIES OF CHARITYBRONX, NYGENERAL$3k
ST ROSE OF LIMA CHURCHSHORT HILLS, NJGENERAL$3k
CONSOLATA MISSIONARIESSOMERSET, NJGENERAL$1k
PESTALOZZI US CHILDREN'S CHARITYNEW YORK, NYGENERAL$1k
Financial trend

Revenue and expenses over time

THE NEWMAN FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$69k
$86k
2022
$115k
$77k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

THE NEWMAN FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about THE NEWMAN FOUNDATION INC

What are THE NEWMAN FOUNDATION INC's revenue and expenses?

In 2023, THE NEWMAN FOUNDATION INC reported $115k in total revenue and $77k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.