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Arnold And Augusta Newman Foundation is a private corporation based in WAYZATA, MN. The foundation received its IRS ruling in 2009. The principal officer is David S Newman. It holds total assets of $476K. Annual income is reported at $32K. Total assets have decreased from $6.1M in 2011 to $732K in 2023. The foundation is governed by 4 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 2020 to 2023. Funding is distributed across 7 states, including Oregon, New York, Pennsylvania. According to available records, Arnold And Augusta Newman Foundation has made 12 grants totaling $3.4M, with a median grant of $229K. Annual giving has decreased from $3.3M in 2020 to $25K in 2023. Individual grants have ranged from $25K to $1.2M, with an average award of $283K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Maine, Florida, Oregon, which account for 33% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$158K
Median Grant
$259K
Average Grant
$364K
Largest Grant
$1.2M
Based on 9 grants from the most recent 990-PF filing.
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.
Arnold And Augusta Newman Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in ME, FL, OR.
Arnold And Augusta Newman Foundation has distributed a total of $3.4M across 12 grants. The median grant size is $229K, with an average of $283K. Individual grants have ranged from $25K to $1.2M.
Arnold And Augusta Newman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Arnold And Augusta Newman Foundation is headquartered in WAYZATA, MN. While based in MN, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eric A Newman | PRESIDENT/DIRECTOR/SECRETARY | $0 | $0 | N/A |
| David S Newman | VICE PRESIDENT/DIRECTOR/TREASURER | $0 | $0 | N/A |
| Deirdre Steinberg | DIRECTOR | $0 | $0 | N/A |
| Janice Gepner | DIRECTOR | $0 | $0 | N/A |
Total Giving
$29K
Total Assets
$732K
Fair Market Value
$745K
Net Worth
$732K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$38K
Total: $107K
Total Grants
12
Total Giving
$3.4M
Average Grant
$283K
Median Grant
$229K
Unique Recipients
11
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Queens CollegeUNRESTRICTED | Flushing, NY | $25K | 2023 |
| Foundation For The Exhibition Of PhotographyUNRESTRICTED | Minneapolis, MN | $50K | 2022 |
| Maine Media WorkshopsUNRESTRICTED | Rockport, ME | $1.2M | 2020 |
| Lowe Art MuseumUNRESTRICTED | Miami, FL | $520K | 2020 |
| International Center Of PhotographyUNRESTRICTED | New York, NY | $260K | 2020 |
| Philadelphia Museum Of ArtUNRESTRICTED | Philadelphia, PA | $260K | 2020 |
| National Gallery Of ArtUNRESTRICTED | Washington, DC | $259K | 2020 |
| Oregon Jewish Museum And Center For Holocaust EducationUNRESTRICTED | Portland, OR | $250K | 2020 |
| Minneapolis Institute Of ArtsUNRESTRICTED | Minneapolis, MN | $208K | 2020 |
| Portland Art MuseumUNRESTRICTED | Portland, OR | $195K | 2020 |
| Center For Photography At WoodstockUNRESTRICTED | Woodstock, NY | $158K | 2020 |