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Also known as: Agreement dated 12/17/14
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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. Total assets have grown from $42.5M in 2019 to $96.3M in 2023. The foundation is governed by 5 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. 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.
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.
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 |
|---|---|---|---|---|
| Anthony M Speiser | Co-Trustee | $57K | $0 | $57K |
| Adelia C Rasines | Co-Trustee | $57K | $0 | $57K |
| Douglas B Downes | Co-Trustee | $57K | $0 | $57K |
| William Carroll | Co-Trustee | $25K | $0 | $25K |
| Barbara Newington | Trustee | $0 | $0 | N/A |
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