The Donald F & Barbara L Newman Family Foundation primarily channels large, unrestricted transfers to closely affiliated family philanthropic vehicles rather than funding external nonprofits. All recent grants are equal multi-hundred-thousand-dollar distributions to other Newman family funds and foundations, indicating a focus on internal family philanthropic structuring, legacy planning, and re-granting. The foundation appears to operate as a hub for the family’s charitable capital rather than an independent grantmaker with programmatic priorities.
Highly concentrated: very few (three) large, equal-sized grants in this period, all directed to related family philanthropic entities rather than diverse external grantees.
$2.6M
$0
$94K
$2.7M
Most grants fall between $877K and $877K, with a median of $877K.
25th Percentile
$877K
Median
$877K
75th Percentile
$877K
About 33% of grants go to recipients in CT.
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Notable grantees: Thomas and Carol Newman Charitable Fund, Michael and Marcy Newman Fund, Newman Family Foundation
2023
Source: IRS Form 990-PF, fiscal year 2023.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| NEWMAN FAMILY FOUNDATION | BELLEAIR BLUFFS, FL | $877,346 | 2023 | GENERAL PURPOSE |
| THOMAS AND CAROL NEWMAN CHARITABLE FUND | STAMFORD, CT | $877,346 | 2023 | GENERAL PURPOSE |
| MICHAEL AND MARCY NEWMAN FUND | AMHERST, NY | $877,346 | 2023 | GENERAL PURPOSE |
NEWMAN FAMILY FOUNDATION
$877,346GENERAL PURPOSE
THOMAS AND CAROL NEWMAN CHARITABLE FUND
$877,346GENERAL PURPOSE
MICHAEL AND MARCY NEWMAN FUND
$877,346GENERAL PURPOSE