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Newman Triplets Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2017. The principal officer is Jerrold Newman. It holds total assets of $6.1M. Annual income is reported at $586K. Total assets have grown from $2.2M in 2018 to $5.8M in 2023. The foundation is governed by 2 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 2018 to 2024. Funding is distributed across 4 states, including New York, California, Rhode Island. According to available records, Newman Triplets Foundation has made 19 grants totaling $615K, with a median grant of $10K. Annual giving has grown from $145K in 2021 to $203K in 2023. Grantmaking activity was highest in 2022 with $268K distributed across 12 grants. Individual grants have ranged from $3K to $200K, with an average award of $32K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, Rhode Island, California, which account for 84% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$19K
Average Grant
$22K
Largest Grant
$42K
Based on 6 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.
Newman Triplets Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in NY, RI, CA.
Newman Triplets Foundation has distributed a total of $615K across 19 grants. The median grant size is $10K, with an average of $32K. Individual grants have ranged from $3K to $200K.
Newman Triplets Foundation typically selects its grantees rather than accepting unsolicited proposals.
Newman Triplets Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jerrold Newman | President | $0 | $0 | N/A |
| Laurence Newman | Treasurer | $0 | $0 | N/A |
Total Giving
$213K
Total Assets
$5.8M
Fair Market Value
$5.8M
Net Worth
$5.8M
Grants Paid
$207K
Contributions
$345K
Net Investment Income
$577K
Distribution Amount
$262K
Total: $29K
Total Grants
19
Total Giving
$615K
Average Grant
$32K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Claremont Mckenna CollegeGENERAL OPERATING | Claremont, CA | $28K | 2022 |
| Memorial Sloan Kettering Cancer CenterCANCER RESEARCH | New York, NY | $200K | 2023 |
| Misc Under 5000GENERAL | Ny, NY | $3K | 2023 |
| Poly PrepGENERAL | Brooklyn, NY | $42K | 2022 |
| Brown UniverstityGENERAL OPERATING | Providence, RI | $40K | 2022 |
| Cornell UniversityGENERAL | Ithaca, NY | $10K | 2022 |
| Dartmouth - TuckGENERAL | Hanover, NH | $10K | 2022 |
| Various Under 5000GENERAL | Ny, NY | $5K | 2022 |