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Horace & Letitia Newton Scholarship Fund is a private trust based in BROOKLYN, OH. The foundation received its IRS ruling in 1991. The principal officer is Keybank National Association Ttee. It holds total assets of $3.4M. Annual income is reported at $1.7M. Total assets have decreased from $4M in 2011 to $3.2M in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2020 to 2023. According to available records, Horace & Letitia Newton Scholarship Fund has made 2 grants totaling $650K, with a median grant of $325K. Annual giving has grown from $257K in 2021 to $393K in 2022. Individual grants have ranged from $257K to $393K, with an average award of $325K. Grant recipients are concentrated in Ohio. 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.
Horace & Letitia Newton Scholarship Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in OH.
Horace & Letitia Newton Scholarship Fund has distributed a total of $650K across 2 grants. The median grant size is $325K, with an average of $325K. Individual grants have ranged from $257K to $393K.
Horace & Letitia Newton Scholarship Fund is a private foundation. To inquire about grants, you can look up the foundation using their EIN (346502592) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Horace & Letitia Newton Scholarship Fund is headquartered in BROOKLYN, OH.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keybank N A | TRUSTEE | $102K | $0 | $102K |
Total Giving
$444K
Total Assets
$3.2M
Fair Market Value
$7.5M
Net Worth
$3.2M
Grants Paid
$345K
Contributions
N/A
Net Investment Income
$257K
Distribution Amount
$375K
Total Grants
2
Total Giving
$650K
Average Grant
$325K
Median Grant
$325K
Unique Recipients
1
Most Common Grant
$393K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| College NowSCHOLARSHIP | Cleveland, OH | $393K | 2022 |