Arnold And Augusta Newman Foundation

Organization Overview

Arnold And Augusta Newman Foundation is located in Wayzata, MN. The organization was established in 2009. 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. Arnold And Augusta Newman Foundation 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 12/2023, Arnold And Augusta Newman Foundation generated $11.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $29.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (31.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Arnold And Augusta Newman Foundation has awarded 19 individual grants totaling $3,695,257. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Eric A Newman
President/director/secretary
$0
David S Newman
Vice President/director/treasurer
$0
Deirdre Steinberg
Director
$0
Janice Gepner
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $11,722
Net Rental Income$0
Net Gain on Sale of Assets $171
Capital Gain Net Income $171
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $11,893

Grants Awarded

Over the last fiscal year, Arnold And Augusta Newman Foundation has awarded $420,473 in support to 10 organizations.

Grant RecipientAmount

CENTER FOR PHOTOGRAPHY AT WOODSTOCK

PURPOSE: UNRESTRICTED

$7,500

LOWE ART MUSEUM

PURPOSE: UNRESTRICTED

$20,000

MINNEAPOLIS INSTITUTE OF ARTS

PURPOSE: UNRESTRICTED

$8,000

PHILADELPHIA MUSEUM OF ART

PURPOSE: UNRESTRICTED

$10,000

NATIONAL GALLERY OF ART

PURPOSE: UNRESTRICTED

$8,500

FOUNDATION FOR THE EXHIBITION OF PHOTOGRAPHY

PURPOSE: UNRESTRICTED

$23,973
View Grant Profile

Peer Organizations

Organization NameAssets
The Jennings Family Foundation
Edina, MN
$3,469,906
F R Bigelow Foundation Trust 555
St Paul, MN
$5,693,903
John T Vucurevich Foundation
Rapid City, SD
$8,573,735
Northeast Entrepreneur Fund Inc
Duluth, MN
$12,753,094
Wurtele Foundation
Minneapolis, MN
$7,600,607
North Dakota Natural Resources Trust Inc
Bismarck, ND
$7,843,780
Easter Foundation Inc
De Pere, WI
$11,623,258
The Mortenson Family Foundation
Minneapolis, MN
$34,670,895
Centurion Foundation
West Fargo, ND
$5,110,865
Ted And Grace Bachhuber Foundation Inc
Mayville, WI
$3,749,634
Wem 2000 Foundation
Minneapolis, MN
$6,290,419
Melitta S And Joan M Pick Charitable Trust
Milwaukee, WI
$3,533,776
Yontz Valor Foundation
Excelsior, MN
$622,129
B A And Esther Greenheck Foundation
Wausau, WI
$3,029,390
Charles E Benidt Foundation Inc
Elm Grove, WI
$1,082,906
Cummins Family Foundation
Plymouth, MN
$5,096,832
Ag Technology And Environmental Stewardship Foundation Inc
Ankeny, IA
$4,443,026
John Ruan Foundation Trust
Urbandale, IA
$5,106,530
Wsdc Foundation
Minneapolis, MN
$9,946,707
Ronald And Duska Lacount Family Foundation
Minot, ND
$692,651
Sidney R Baer Jr Foundation
Milwaukee, WI
$4,022,278
Eric Schwartz Fam Foundation
Fairfield, IA
$25,638,674
Dwight And Linda Davis Foundation
Wausau, WI
$11,546,513
John M Kohler Foundation Inc
Milwaukee, WI
$1,551,763
The Brookby Foundation
Milwaukee, WI
$1,274,022

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