Newmans Own Foundation
- Assets
- $216.0m
- Revenue
- $13.5m
- Investments
- $210.7m
- Employees
- 0
- Location
- Westport, CT
- Founding
- 10/2004
- Data as of
- 12/2023
- EIN
- 06-1606588
Organization Overview
Newmans Own Foundation is located in Westport, CT. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newmans Own Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Newmans Own Foundation generated $13.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $15.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Newmans Own Foundation has awarded 1,749 individual grants totaling $71,978,249. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Amouyel President / CEO (as Of 4/23) | 40 | $261,769 | |
Samantha Burgan Asst Secretary | 40 | $143,192 | |
Miriam Nelson President / CEO (until 3/23) | 40 | $95,404 | |
Eric Fuller Asst Treasurer / CFO | 4 | $50,800 | |
Michael Clayton Chair | 1 | $0 | |
Brian Murphy VP / Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hpr Partners Llc Dba Hunter | 12/30/23 | $98,102 |
Rsm Us Llp | 12/30/23 | $73,500 |
Proskauer Rose Llp | 12/30/23 | $83,991 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $138 |
| Interest on Savings | $937,682 |
| Dividends & Interest | $5,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,524,844 |
| Total Revenue | $13,467,664 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $551,165 |
| Other employee salaries and wages | $1,123,539 |
| Pension plans, employee benefits | $234,247 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $88,164 |
| Occupancy | $126,782 |
| Travel, conferences, and meetings | $63,991 |
| Printing and publications | $0 |
| Other expenses | $432,255 |
| Total operating and administrative expenses | $3,068,188 |
| Contributions, gifts, grants paid | $12,000,000 |
| Total expenses and disbursements | $15,068,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,738 |
| Savings and temporary cash investments | $5,172,230 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $55,563 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $186,125,368 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $574 |
| Total assets | $216,044,246 |
| Accounts payable and accrued expenses | $50,473 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $37,531 |
| Total liabilities | $88,004 |
Grants Awarded
Over the last fiscal year, Newmans Own Foundation has awarded $12,000,000 in support to 222 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER CHANCE OF WESTPORT INC PURPOSE: GENERAL OPERATIONS - UNDERSERVED CHILDREN | $5,000 |
A CHILDS HAVEN INC PURPOSE: GENERAL OPERATIONS | $5,000 |
AFRICA BRIDGE PURPOSE: DAIRY COW CO-OP FOR CHILDREN | $7,500 |
AFUTURESUPERHERO AND FRIENDS PURPOSE: YOUTH PROGRAMS | $5,000 |
ALTRUSA HOSPITALITY HOUSE INCORPORATED PURPOSE: GENERAL OPERATIONS FOR PATIENTS AND THEIR FAMILIES | $5,000 |
AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC PURPOSE: GENERAL OPERATIONS | $10,000 |