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Newby Memorial Studentsloan Fund is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1947. The principal officer is Jpmorgan Chase Bank Na. It holds total assets of $1.3M. Annual income is reported at $603K. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Texas. According to available records, Newby Memorial Studentsloan Fund has made 12 grants totaling $223K, with a median grant of $18K. The foundation has distributed between $71K and $79K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $79K distributed across 4 grants. Individual grants have ranged from $18K to $20K, with an average award of $19K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$18K
Median Grant
$18K
Average Grant
$18K
Largest Grant
$18K
Based on 4 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.
Newby Memorial Studentsloan Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX.
Newby Memorial Studentsloan Fund has distributed a total of $223K across 12 grants. The median grant size is $18K, with an average of $19K. Individual grants have ranged from $18K to $20K.
Limited to students in the state of texas pursuing professional educations.
Newby Memorial Studentsloan Fund is headquartered in CHICAGO, IL.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$101K
Total Assets
$1.3M
Fair Market Value
$1.7M
Net Worth
$1.3M
Grants Paid
$73K
Contributions
N/A
Net Investment Income
$51K
Distribution Amount
$82K
Total: $1.2M
Total Grants
12
Total Giving
$223K
Average Grant
$19K
Median Grant
$18K
Unique Recipients
4
Most Common Grant
$18K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas Christian UniversityGENERAL | Fort Worth, TX | $18K | 2023 |
| Texas Wesleyan UniversityGENERAL | Fort Worth, TX | $18K | 2023 |
| Unt Health Science CenterGENERAL | Fort Worth, TX | $18K | 2023 |
| Southwestern UniversityGENERAL | Georgetown, TX | $18K | 2023 |