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Ray & Nylene Newkirk Family Foundation is a private corporation based in WAYZATA, MN. The foundation received its IRS ruling in 2021. The principal officer is Raymond Newkirk. It holds total assets of $10M. Annual income is reported at $2.3M. The foundation is governed by 4 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 2020 to 2023. According to available records, Ray & Nylene Newkirk Family Foundation has made 132 grants totaling $1.8M, with a median grant of $3K. Annual giving has grown from $75K in 2021 to $543K in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 76 grants. Individual grants have ranged from $100 to $325K, with an average award of $14K. The foundation has supported 57 unique organizations. The foundation primarily supports organizations in Minnesota, Tennessee, Massachusetts, which account for 71% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Ray & Nylene Newkirk Family Foundation reported 132 individual grants totaling $1.8 million between 2021 and 2023 across its IRS Form 990-PF filings, with a median grant of $2,505. Half of those grants fell between $1,000 and $10,000. Its largest single grant in the record was $325,000. Its most recent available filing, for fiscal year 2023, reports $619,263 in total giving.
Grantmaking is concentrated in MN, which received 86 of the 132 grants on record (65 percent). In total the foundation's grantees span 15 states. Of its 57 distinct grantees, 74 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Mount Calvary Lutheran Church ($710,000), Dunwoody College Of Technology ($210,000) and Alzheimers Disease Research Foundation ($71,000).
Computed from 132 individual grant records (2021–2023) in this foundation's IRS Form 990-PF Part XV filings, reaching 15 states. Source: IRS 990-PF.
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.
Ray & Nylene Newkirk Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 132 grants. Its grantmaking reaches organizations primarily in MN, TN, MA.
Ray & Nylene Newkirk Family Foundation has distributed a total of $1.8M across 132 grants. The median grant size is $3K, with an average of $14K. Individual grants have ranged from $100 to $325K.
Ray & Nylene Newkirk Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ray & Nylene Newkirk Family Foundation is headquartered in WAYZATA, MN. While based in MN, the foundation distributes grants to organizations across 15 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nylene Newkirk | VICE PRESIDENT | $0 | $0 | N/A |
| Troy Newkirk | TREASURER | $0 | $0 | N/A |
| Raymond Newkirk | PRESIDENT | $0 | $0 | N/A |
| Lou Newkirk-Ledo | SECRETARY | $0 | $0 | N/A |
Total Giving
$619K
Total Assets
$10M
Fair Market Value
$12.5M
Net Worth
$10M
Grants Paid
$543K
Contributions
$6K
Net Investment Income
$180K
Distribution Amount
$577K
Total: $7.8M
Total Grants
132
Total Giving
$1.8M
Average Grant
$14K
Median Grant
$3K
Unique Recipients
57
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ridgeview FoundationGENERAL FUND | Waconia, MN | $25K | 2023 |
| Dunwoody College Of TechnologyGENERAL FUND | Minneapolis, MN | $200K | 2023 |
| Ducks Unlimited IncGENERAL FUND | Memphis, TN | $50K | 2023 |
| Mount Calvary Lutheran ChurchGENERAL FUND | Eagan, MN | $50K | 2023 |
| The RetreatGENERAL FUND | Wayzata, MN | $30K | 2023 |
| Minnesota Landscape ArboretumGENERAL FUND | Chaska, MN | $21K | 2023 |
| Central Minnesota Community FoundationGENERAL FUND | Saint Cloud, MN | $20K | 2023 |
| University Of Mn Foundation - Masonic Cancer CenterGENERAL FUND | Minneapolis, MN | $15K | 2023 |
| Lila Booster ClubGENERAL FUND | Forest Lake, MN | $11K | 2023 |
| Children'S Minnesota FoundationGENERAL FUND | Edina, MN | $10K | 2023 |
| Eau Claire Community Parks AssocGENERAL FUND | Eau Claire, WI | $10K | 2023 |
| Interfaith Outreach & Community PartnersGENERAL FUND | Plymouth, MN | $10K | 2023 |
| Friends Of MwhsGENERAL FUND | Minnestrista, MN | $10K | 2023 |
| Levi'S LegacyGENERAL FUND | Parker, CO | $10K | 2023 |
| Midway Usa FoundationGENERAL FUND | Columbia, MO | $10K | 2023 |
| Eau Claire Youth Hockey AssocGENERAL FUND | Eau Claire, WI | $10K | 2023 |
| Orton-Gillingham AcademyGENERAL FUND | Amenia, NY | $9K | 2023 |
| Gicia (Gasparilla Island Conservation & Improvement Assoc)GENERAL FUND | Boca Grande, FL | $5K | 2023 |
| Pheasants ForeverGENERAL FUND | St Paul, MN | $5K | 2023 |
| Macular Degeneration ResearchGENERAL FUND | Clarksburg, MD | $5K | 2023 |
| National Multiple Sclerosis SocietyGENERAL FUND | Minneapolis, MN | $5K | 2023 |
| Smiles For Life FoundationGENERAL FUND | Salt Lake City, UT | $5K | 2023 |
| Minneapolis Institute Of ArtGENERAL FUND | Minneapolis, MN | $5K | 2023 |
| Jdrf International Diabetes FoundationGENERAL FUND | New York, NY | $3K | 2023 |
| American Kidney FundGENERAL FUND | Rockville, MD | $1K | 2023 |
| Lake Minnetonka Conservation DistrictGENERAL FUND | Mound, MN | $1K | 2023 |
| Als AssociationGENERAL FUND | St Paul, MN | $1K | 2023 |
| Parkinsons Research FoundationGENERAL FUND | Miami, FL | $1K | 2023 |
| Crazy Horse MemorialGENERAL FUND | Crazy Horse, SD | $1K | 2023 |
| Lake Minnetonka AssociationGENERAL FUND | Excelsior, MN | $1K | 2023 |
| Park Nicollet FoundationGENERAL FUND | St Louis Park, MN | $1K | 2023 |
| Friends Of Boca GrandeGENERAL FUND | Boca Grande, FL | $1K | 2023 |
| Victoria Lions - Wounded WarriorsGENERAL FUND | Victoria, MN | $500 | 2023 |
| Hilltop Primary SchoolGENERAL FUND | Minnestrista, MN | $500 | 2023 |
| Bowls For Brain PowerGENERAL FUND | Burnsville, MN | $500 | 2023 |
| Ducks UnlimitedGENERAL FUND | Memphis, TN | $70K | 2022 |
| Alzheimers Disease Research FoundationGENERAL FUND | Wellesley Hills, MA | $35K | 2022 |
| Csf Community Scholarship FoundationGENERAL FUND | Saint Cloud, MN | $20K | 2022 |