Barnett & Annalee Newman Foundation Tr
- Assets
- $11.4m
- Revenue
- $1.2m
- Investments
- $10.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2004
- Data as of
- 12/2023
- EIN
- 13-7105549
Organization Overview
Barnett & Annalee Newman Foundation Tr is located in New York, NY. The organization was established in 2004. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Barnett & Annalee Newman Foundation Tr 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, Barnett & Annalee Newman Foundation Tr generated $1.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 12.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Barnett & Annalee Newman Foundation Tr has awarded 19 individual grants totaling $14,596,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Stella Co Fdn Trustee | 5 | $0 | |
Paula Pelosi Co Fdn Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,867 |
| Dividends & Interest | $191,945 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $959,428 |
| Capital Gain Net Income | $959,428 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,155,240 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,619 |
| Total operating and administrative expenses | $79,272 |
| Contributions, gifts, grants paid | $985,000 |
| Total expenses and disbursements | $1,064,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $855,191 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $9,608,009 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $72,300 |
| Total assets | $11,374,009 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Barnett & Annalee Newman Foundation Tr has awarded $985,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BARNETT NEWMAN FOUNDATION PURPOSE: GRANT TO BE USED FOR OVERHEAD AND ADMINISTRATIVE EXPENSES | $450,000 |
JEWISH MUSEUM PURPOSE: MARSHALL ARTWORK | $375,000 |
UNIVERSITY OF SAO PAULO PURPOSE: A PAINTING ENTITLED "THE FALL", 2015 BY NUNO RAMOS (THE "ARTWORK") TO BE USED FOR CHARITABLE OR EDUCATIONAL PURPOSES WHICH MAY INCLUDE: EXHIBITING THE ARTWORK FOR PUBLIC VIEWING, LOANING THE ARTWORK TO OTHER MUSEUMS OR PUBLIC INSTITUTIONS FOR EXHIBITION, CONSERVING THE ARTWORK, CATALOGUING THE ARTWORK AS PART OF THE DONEE'S PERMANENT COLLECTION, MAKING THE ARTWORK AVAILABLE FOR SCHOLARLY RESEARCH AND STORING THE ARTWORK WHEN THE ARTWORK IS NOT OTHERWISE BEING EXHIBITED, LOANED, CATALOGUED OR MADE AVAILABLE FOR SCHOLARLY RESEARCH. | $150,000 |
SOCRATES SCULPTURE PARK PURPOSE: GENERAL OPERATING PURPOSES | $10,000 |