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Also known as: C/O ALISON F ROBITAILLE TRUSTEE
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Newstead Foundation is a private trust based in OLD SAYBROOK, CT. The foundation received its IRS ruling in 1964. The principal officer is Grant Thornton Llp. It holds total assets of $793K. Annual income is reported at $127K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Virginia and New York. According to available records, Newstead Foundation has made 42 grants totaling $332K, with a median grant of $5K. Annual giving has grown from $99K in 2020 to $143K in 2022. Individual grants have ranged from $500 to $35K, with an average award of $8K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in Virginia, Florida, Massachusetts, which account for 55% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$7K
Largest Grant
$35K
Based on 14 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.
Newstead Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in VA, FL, MA.
Newstead Foundation has distributed a total of $332K across 42 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $500 to $35K.
Newstead Foundation typically selects its grantees rather than accepting unsolicited proposals.
Newstead Foundation is headquartered in OLD SAYBROOK, CT. While based in CT, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alison F Robitaille | TRUSTEE | $0 | $0 | N/A |
| Diana J Firestone | DIRECTOR | $0 | $0 | N/A |
| Richard F Pappalardo | TRUSTEE | $0 | $0 | N/A |
Total Giving
$22K
Total Assets
$905K
Fair Market Value
$1.3M
Net Worth
$905K
Grants Paid
$10K
Contributions
N/A
Net Investment Income
$21K
Distribution Amount
$55K
Total: $844K
Total Grants
42
Total Giving
$332K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
26
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kevin Babington FoundationGENERAL USE | Westwood, MA | $30K | 2022 |
| Sprout Therapeutic Riding CenterGENERAL USE | Aldie, VA | $30K | 2022 |
| Foxcroft SchoolGENERAL USE | Middleburg, VA | $20K | 2022 |
| Equus FoundationGENERAL USE | Westport, CT | $10K | 2022 |
| Danny & Ron'S RescueGENERAL USE | Camden, SC | $8K | 2022 |
| Piedmont Jumper ClassicGENERAL USE | Upperville, VA | $5K | 2022 |
| St David'S In The PinesGENERAL USE | Wellington, FL | $5K | 2022 |
| St Jude Children'S Research HospGENERAL USE | Memphis, TN | $5K | 2022 |
| World Wildlife Fund IncGENERAL USE | Washington, DC | $5K | 2022 |
| Rainbow Therapeutic Riding CenterGENERAL USE | Haymarket, VA | $5K | 2022 |
| Grayson-Jockey Club Research FndtnGENERAL USE | Lexington, KY | $5K | 2022 |
| Loudoun Country Day SchoolGENERAL USE | Leesburg, VA | $5K | 2022 |
| Sheldrick Wildlife Trust UsaGENERAL USE | Laguna Hills, CA | $3K | 2022 |
| Community Music School PiedmontGENERAL USE | Upperville, VA | $3K | 2022 |
| BrightstoneGENERAL USE | Franklin, TN | $3K | 2022 |
| The Haven At SkandaGENERAL USE | Cazenovia, NY | $3K | 2022 |
| Loudoun Benefit Horse Show FndtnGENERAL USE | Upperville, VA | $20K | 2021 |
| Upperville Colt & Horse ShowGENERAL USE | Upperville, VA | $15K | 2021 |
| Georgetown University Medical CentrGENERAL USE | Washington, DC | $1K | 2021 |
| Sprout CenterGENERAL USE | Aldie, VA | $10K | 2020 |
| Grayson-Jockey Club Research FoundationGENERAL USE | Lexington, KY | $10K | 2020 |
| Middleburg ClassicGENERAL USE | Upperville, VA | $5K | 2020 |
| The Hill SchoolGENERAL USE | Middleburg, VA | $3K | 2020 |
| Community Music School Of The PiedmontGENERAL USE | Upperville, VA | $1K | 2020 |
| Georgetown University Medical CenterGENERAL USE | Washington, DC | $1K | 2020 |
| Hampton Classic Horse Show IncGENERAL USE | Bridgehampton, NY | $500 | 2020 |