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Filing year 2024

THE NEWSOME FAMILY FOUNDATION

Birmingham, Alabama·EIN 20-0482177·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$633k
Total assets
$653k
Total expenses
$170k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE NEWSOME FAMILY FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Director
Director
Director

Grants paid

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

Total granted

$161k

Itemized grants

6

Median grant

$9k

RecipientLocationPurposeAmount
ASBURY UNITED METHODISTBIRMINGHAM, ALBENEVOLENT OFFERING$90k
UNITED METHODIST CHILDREN'S HOMEIRONDALE, ALBENEVOLENT OFFERING$45k
MONDAY MORNING QUARTERBACK CLUBBIRMINGHAM, ALBENEVOLENT OFFERING$10k
THE FRIENDS OF RICKWOOD FIELDBIRMINGHAM, ALBENEVOLENT OFFERING$9k
IRONDALE METHODIST CHURCHIRONDALE, ALBENEVOLENT OFFERING$5k
WORLD FOOD PROGRAM USAWASHINGTON, DCBENEVOLENT OFFERING$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE NEWSOME FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$36k
$49k
2023
$633k
$170k
2024
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 Alabama

THE NEWSOME FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Alabama earns a median of $10,858.

25th percentile
$5k
Median
$10,858
75th percentile
$33k
90th percentile
$98k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 513 organizations across 513 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Alabama
FAQ

Common questions about THE NEWSOME FAMILY FOUNDATION

What are THE NEWSOME FAMILY FOUNDATION's revenue and expenses?

In 2024, THE NEWSOME FAMILY FOUNDATION reported $633k in total revenue and $170k 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.