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Also known as: Agreement dated 12/17/14
Barbara Newington Foundation is a private trust based in PALM BEACH, FL. The foundation received its IRS ruling in 2016. The principal officer is % Michael V Sterlacci. It holds total assets of $218M. Annual income is reported at $128.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Barbara Newington Foundation has made 3 grants totaling $8.9M, with a median grant of $3.3M. Annual giving has grown from $2.3M in 2021 to $6.6M in 2022. Individual grants have ranged from $2.3M to $3.3M, with an average award of $3M. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Barbara Newington Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
Barbara Newington Foundation has distributed a total of $8.9M across 3 grants. The median grant size is $3.3M, with an average of $3M. Individual grants have ranged from $2.3M to $3.3M.
Barbara Newington Foundation typically selects its grantees rather than accepting unsolicited proposals.
Barbara Newington Foundation is headquartered in PALM BEACH, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Adelia C Rasines | Co-Trustee | $57K | $0 | $57K |
| Douglas B Downes | Co-Trustee | $57K | $0 | $57K |
| Anthony M Speiser | Co-Trustee | $57K | $0 | $57K |
| William Carroll | Co-Trustee | $25K | $0 | $25K |
| Barbara Newington | Trustee | $0 | $0 | $0 |
Total Giving
$5M
Total Assets
$96.3M
Fair Market Value
$100.9M
Net Worth
$96.3M
Grants Paid
$4.4M
Contributions
$63.2M
Net Investment Income
$2.2M
Distribution Amount
$3M
Total: $68.5M
Total Grants
3
Total Giving
$8.9M
Average Grant
$3M
Median Grant
$3.3M
Unique Recipients
1
Most Common Grant
$3.3M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Newington Cropsey FoundationGeneral Purposes | Hastings On Hudson, NY | $3.3M | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
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