Newton Family Foundation Inc
- Assets
- $585.7k
- Revenue
- -$1.1k
- Investments
- $535.3k
- Employees
- 0
- Location
- Cumby, TX
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4234857
Organization Overview
Newton Family Foundation Inc is located in Cumby, TX. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Newton 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.
Since 2018, Newton Family Foundation Inc has awarded 68 individual grants totaling $641,088. 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) | Role | Hours | Compensation |
|---|---|---|---|
William D Newton Manager | 2 | $0 | |
Yleana Newton Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,379 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,508 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,129 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,095 |
| Contributions, gifts, grants paid | $130,170 |
| Total expenses and disbursements | $157,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,331 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $585,664 |
| 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, Newton Family Foundation Inc has awarded $130,170 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
COMPASSION INTERNATIONAL PURPOSE: GENERAL FUND | $34,928 |
FELLOWSHIP OF ISRAEL RELATED MINIST PURPOSE: GENERAL FUND | $14,000 |
GIVE HOPE MINISTRIES PURPOSE: GENERAL FUND | $6,000 |
HATIKYA PROJECT PURPOSE: GENERAL FUND | $27,500 |
HOUSE OF STEPHANAS PURPOSE: GENERAL FUND | $8,400 |
JESSICA FRIENDS COMMUNITY PURPOSE: GENERAL FUND | $5,500 |