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Newmarket Foundation is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 2010. The principal officer is % Jennifer Stephenson. It holds total assets of $20.2M. Annual income is reported at $7.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Newmarket Foundation has made 2 grants totaling $2.3M, with a median grant of $1.1M. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Newmarket Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in VA.
Newmarket Foundation has distributed a total of $2.3M across 2 grants. The median grant size is $1.1M, with an average of $1.1M. Individual grants have ranged from $1.1M to $1.1M.
The application deadline is SEPTEMBER 2023. FOR MATCHING GIFTS: NON PROFIT EDUCATIONAL INSTITUTIONS - SECONDARY SCHOOLS IN THE US.
Newmarket Foundation is headquartered in RICHMOND, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bruce C Gottwald Sr | DIRECTOR | $0 | $0 | $0 |
| Bruce Hazelgrove Iii | VP AND DIRECTOR | $0 | $0 | $0 |
| Thomas E Gottwald | PRESIDENT AND DIRECTOR | $0 | $0 | $0 |
| Bryce D Jewett Iii | SECRETARY | $0 | $0 | $0 |
Total Giving
$1M
Total Assets
$18M
Fair Market Value
$20.4M
Net Worth
$18M
Grants Paid
$994K
Contributions
$3.1M
Net Investment Income
$352K
Distribution Amount
$915K
Total: $0
Total Grants
2
Total Giving
$2.3M
Average Grant
$1.1M
Median Grant
$1.1M
Unique Recipients
1
Most Common Grant
$1.1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Attached ListCHARITABLE GIFT | Various, VA | $1.1M | 2022 |
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