KOTZEBUE, AK
Robert Aqqaluk Newlin Sr Memorial Trust
Quick Facts
- EIN
- 943116762
- Location
- KOTZEBUE, AK
- Category
- Arts & Culture
- Total Assets
- $38.5M
- Annual Income
- $14.1M
- IRS Ruling Year
- 2014
- Organization Type
- Corporation
- Principal Officer
- % Controller
- Tax Deductibility
- Contributions are deductible
About This Foundation
Robert Aqqaluk Newlin Sr Memorial Trust is a private corporation based in KOTZEBUE, AK. The foundation received its IRS ruling in 2014. The principal officer is % Controller. It holds total assets of $38.5M. Annual income is reported at $14.1M. The foundation operates in the area of arts & culture. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$2.5M
2023+27%
Total Assets
$35.5M
2023+14%
Fair Market Value
$35.5M
2023
Net Worth
$35.4M
2023
Grants Paid
$864K
2023
Contributions
$1.6M
2023
Net Investment Income
$854K
2023
Distribution Amount
$1.6M
2023
Total Giving by Year
$2.1M
12$2.2M
13$2M
14$2M
15$2M
19$1.7M
20$1.9M
21$2M
22$2.5M
23Asset Growth
$20.7M
12$23.6M
13$25M
14$24.5M
15$29.9M
19$33.9M
20$37.9M
21$31.3M
22$35.5M
23Investment Portfolio (2023)
Total: $19.4M
Corporate Stock: $19.4M
Other Investments: $15.6M
Cash: $247K
Corporate Stock (55%)
Other Investments (44%)
Cash (1%)
Expense Breakdown (2023)
Grants Paid$864K
Officer Compensation$118K
Travel & Conferences$108K
Occupancy$88K
Accounting Fees$75K
Pension & Benefits$74K
Depreciation$51K
Revenue Sources (2023)
- Contributions
- $1.6M
- Dividends
- $888K
- Capital Gains (Net)
- $113K
- Other Income
- $87K
Financial Details (2023)
- Total Revenue
- $2.7M
- Total Expenses
- $2.5M
- Exempt Purpose Expenses
- $2M
- Required Distribution
- $1.6M
- Undistributed Income
- $0
- Total Liabilities
- $93K
- Excise Tax
- $12K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
1
Total Giving
$864K
Average Grant
$864K
Median Grant
$864K
Grant Range
Min$864K
Max$864K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
AK: $864K (1)
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
AK$864K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarships - See Attached SchedulEDUCATION | See Attached Schedule, AK | $864K | 2023 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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