Howard And Maryam Newman Family Foundation Inc
- Assets
- $11.8m
- Revenue
- $412.8k
- Investments
- $9.2m
- Employees
- 0
- Location
- Bedford, NY
- Founding
- 07/2005
- Data as of
- 11/2023
- EIN
- 20-1999992
Organization Overview
Howard And Maryam Newman Family Foundation Inc is located in Bedford, NY. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Howard And Maryam Newman Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Howard And Maryam Newman Family Foundation Inc generated $412.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $1.2m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Howard And Maryam Newman Family Foundation Inc has awarded 143 individual grants totaling $5,406,558. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard H Newman President | 1 | $0 | |
Zeena M Meurer Vice President | 0.5 | $0 | |
Elizabeth V Newman Secretary | 0.5 | $0 | |
Maryam R Newman Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,854 |
| Dividends & Interest | $410,948 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $412,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,667 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,340 |
| Total operating and administrative expenses | $14,936 |
| Contributions, gifts, grants paid | $1,220,433 |
| Total expenses and disbursements | $1,235,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,665,329 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,839,452 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Howard And Maryam Newman Family Foundation Inc has awarded $1,220,433 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION PURPOSE: TO SUPPORT THE FIGHT GOVERNMENT ABUSE AND TO VIGOROUSLY DEFEND INDIVIDUAL FREEDOMS INCLUDING SPEECH AND RELIGION, A WOMANS RIGHT TO CHOOSE, THE RIGHT TO DUE PROCESS, AND CITIZENS RIGHTS TO PRIVACY. | $1,100 |
AMNESTY LEADERSHIP PURPOSE: TO UNDERTAKE RESEARCH AND ACTION TO END ABUSES OF THE RIGHTS TO PHYSICAL AND MENTAL INTGRITY, AND PROMOTE ALL HUMAN RIGHTS. | $2,000 |
ASPEN INSTITUTE PURPOSE: TO SUPPORT AND INVIGORATE THE ARTS IN AMERICA | $5,500 |
CALVARY HOSPITAL PURPOSE: TO HELP HOSPITAL CARE FOR PATIENTS IN HOSPICE | $1,000 |
BEDFORD LIBRARY PURPOSE: TO PROVIDE FREE AND OPEN ACCESS TO INFORMATION, KNOWLEDGE AND THE PURSUIT OF IDEAS IN AN ENVIRONMENT THAT IS COMFORTABLE AND WELCOMING. | $100 |
CAMBRIDGE COMMUNITY FOUNDATION PURPOSE: TO PROVIDE GRANTS TO SOCIAL SERVICE AGENCIES SERVING CAMBRIDGE AND TO SERVE AS A CIVIC LEADER | $1,000 |