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The Newby Foundation is a private trust based in AMHERST, MA. The foundation received its IRS ruling in 2021. It holds total assets of $10.6M. Annual income is reported at $210K. Total assets have grown from N/A in 2020 to $9.2M in 2023. The foundation is governed by 1 officer or trustee. Inactive, newly established. 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, The Newby Foundation has made 25 grants totaling $2.9M, with a median grant of $4K. Annual giving has grown from $74K in 2022 to $2.8M in 2023. Individual grants have ranged from $1K to $1.3M, with an average award of $116K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Maryland, Ohio, Massachusetts, which account for 68% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Inactive, newly established
Inactive, newly established. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in MD, OH, MA.
The Newby Foundation has distributed a total of $2.9M across 25 grants. The median grant size is $4K, with an average of $116K. Individual grants have ranged from $1K to $1.3M.
The Newby Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Newby Foundation is headquartered in AMHERST, MA. While based in MA, the foundation distributes grants to organizations across 6 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Suzanne Newby-Estes | PRESIDENT | $3K | $0 | $3K |
Total Giving
$2.8M
Total Assets
$9.2M
Fair Market Value
$9.2M
Net Worth
$9.2M
Grants Paid
$2.8M
Contributions
$10.9M
Net Investment Income
$161K
Distribution Amount
$134K
Total: $6.1M
Total Grants
25
Total Giving
$2.9M
Average Grant
$116K
Median Grant
$4K
Unique Recipients
13
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Franklin & B Newby FundCONTRIBUTION TO DONOR ADVISED FUNDS | Bethesda, MD | $1.3M | 2023 |
| Laura And Andrews Newby Family FundCONTRIBUTION TO DONOR ADVISED FUNDS | Cincinatti, OH | $1.3M | 2023 |
| Foxie G FoundationCONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | Union Bridge, MD | $150K | 2023 |
| Dakin Humane SocietyCONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | Springfield, MA | $10K | 2023 |
| Health WagonCONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | Wise, VA | $5K | 2023 |
| Build OnCONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | Stamford, CT | $5K | 2023 |
| Community Foundation Of Western MassCONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | Springfield, MA | $5K | 2023 |
| Partners In HealthCONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | Frederick, MD | $5K | 2023 |
| Amherst Family OutreachCONTRIBUTION TO QUALIFYING 501(C)(3) ORGANIZATION | Amherst, MA | $3K | 2023 |
| Foxie FoundationCONTRIBUTION TOQUALIFYING 501(C)(3)ORGANIZATION | Union Bridge, MD | $15K | 2022 |
| Montgomery County Humane SocietyCONTRIBUTION TOQUALIFYING 501(C)(3)ORGANIZATION | Rockville, MD | $11K | 2022 |
| Archbishop CarrollCONTRIBUTION TOQUALIFYING 501(C)(3)ORGANIZATION | Washington, DC | $1K | 2022 |
| Family Outreach Of AmherstCONTRIBUTION TOQUALIFYING 501(C)(3)ORGANIZATION | Amherst, MA | $1K | 2022 |