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Alex W Newton Foundation is a private corporation based in MOUNTAIN BRK, AL. The foundation received its IRS ruling in 2000. The principal officer is Alex W Newton. It holds total assets of $1.1M. Annual income is reported at $368K. Total assets have grown from $3K in 2011 to $1M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Alex W Newton Foundation has made 31 grants totaling $214K, with a median grant of $5K. Annual giving has grown from $20K in 2021 to $62K in 2023. Grantmaking activity was highest in 2022 with $132K distributed across 22 grants. Individual grants have ranged from $1K to $20K, with an average award of $7K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alex W Newton Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in AL.
Alex W Newton Foundation has distributed a total of $214K across 31 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $1K to $20K.
Alex W Newton Foundation typically selects its grantees rather than accepting unsolicited proposals.
Alex W Newton Foundation is headquartered in MOUNTAIN BRK, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rob J Newton | DIRECTOR & VP/SECRETARY | $0 | $0 | N/A |
| Kelly N Hammond | DIRECTOR & PRESIDENT | $0 | $0 | N/A |
| Jane W Newton | DIRECTOR & VP/TREASURER | $0 | $0 | N/A |
Total Giving
$75K
Total Assets
$1M
Fair Market Value
$1.3M
Net Worth
$1M
Grants Paid
$62K
Contributions
$551K
Net Investment Income
$24K
Distribution Amount
$43K
Total Grants
31
Total Giving
$214K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Presbyterian Home For ChildrenSUPPORT PAYMENT | Talladega, AL | $20K | 2023 |
| Stillman CollegeSCHOLARSHIP FUND | Tuscaloosa, AL | $10K | 2023 |
| St Vincent'S FoundationSUPPORT PAYMENT | Birmingham, AL | $10K | 2023 |
| Alabama Symphony OrchestraSUPPORT PAYMENT | Birmingham, AL | $5K | 2023 |
| Camp Seale HarrisSUPPORT PAYMENT | Birmingham, AL | $5K | 2023 |
| Community Furniture BankSUPPORT PAYMENT | Birmingham, AL | $5K | 2023 |
| Restoration AcademySUPPORT PAYMENT | Fairfield, AL | $5K | 2023 |
| Opera BirminghamSUPPORT PAYMENT | Birmingham, AL | $2K | 2023 |
| Parkinson'S Association Of AlabamaSUPPORT PAYMENT | Birmingham, AL | $10K | 2022 |
| Ethan'S Heart - Bags4blessingsSUPPORT PAYMENT | Irondale, AL | $5K | 2022 |
| Urban Young Life BirminghamSUPPORT PAYMENT | Birmingham, AL | $5K | 2022 |
| Als Association Of Alabama ChapterSUPPORT PAYMENT | Birmingham, AL | $5K | 2022 |
| Kids Christian Music CenterSUPPORT PAYMENT | Birmingham, AL | $5K | 2022 |
| Christian Service MissionSUPPORT PAYMENT | Birmingham, AL | $5K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL