Max And Gertrude Newman-Charles And Phyllis Newman Foundation
- Assets
- $1.5m
- Revenue
- $284.3k
- Investments
- $1.5m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 41-1857341
Organization Overview
Max And Gertrude Newman-Charles And Phyllis Newman Foundation is located in Scottsdale, AZ. The organization was established in 1997. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Max And Gertrude Newman-Charles And Phyllis 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 12/2021, Max And Gertrude Newman-Charles And Phyllis Newman Foundation generated $284.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $116.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Max And Gertrude Newman-Charles And Phyllis Newman Foundation has awarded 25 individual grants totaling $948,603. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADATH JESJURUN FDN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phyllis J Newman Officer | 2 | $0 | |
Charles J Newman President | 10 | $0 | |
Bernard Goldblatt Director | 0.5 | $0 | |
Lauren Epshteyn Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32 |
| Interest on Savings | $9,897 |
| Dividends & Interest | $29,248 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $243,217 |
| Capital Gain Net Income | $243,217 |
| Net ST Capital Gain | $66 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,954 |
| Total Revenue | $284,348 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $9,463 |
| Taxes | $2,417 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $278 |
| Other expenses | $1,386 |
| Total operating and administrative expenses | $14,851 |
| Contributions, gifts, grants paid | $101,709 |
| Total expenses and disbursements | $116,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,104 |
| Savings and temporary cash investments | $0 |
| 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 | $410,162 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,547,564 |
| 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 | $62,355 |
| Other liabilities | $438,000 |
| Total liabilities | $500,355 |
Grants Awarded
Over the last fiscal year, Max And Gertrude Newman-Charles And Phyllis Newman Foundation has awarded $101,709 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ADATH JESHURUN FDN PURPOSE: GENERAL SUPPORT | $84,209 |
THE LEUKEMIA LYMPHOMA SOCIETY PURPOSE: GENERAL SUPPORT | $10,000 |
Phoenix, AZ PURPOSE: GENERAL SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
T E R I Inc Oceanside, CA | $30,038,706 | $24,071,259 |
New Life Worship Ministries Inc Scottsdale, AZ | $1,015,217 | $4,541,172 |
Catholic Charities Of The Diocese Of Oakland Oakland, CA | $39,560,106 | $13,377,446 |
Canal Alliance San Rafael, CA | $13,209,485 | $13,069,505 |
Alliance For Housing And Healing Los Angeles, CA | $3,099,540 | $10,429,736 |
Fred Maytag Family Foundation San Francisco, CA | $67,782,266 | $1,530,855 |
Voice Of Prophecy Riverside, CA | $11,402,103 | $7,152,408 |
Science And Nonduality Sebastopol, CA | $5,779,504 | $9,674,990 |
College Golf Fellowship Roseville, CA | $4,740,992 | $5,717,609 |
Promise Keepers Colorado Springs, CO | $314,391 | $4,644,365 |
Associated Builders & Contractors Of Southern California Anaheim, CA | $3,214,682 | $4,513,844 |
Mesa Valley Community School Grand Junction, CO | $4,974,586 | $4,247,839 |