James And Lynne Newman Foundation
- Assets
- $311.2k
- Revenue
- $17.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Rancho Santa Fe, CA
- Founding
- 02/2009
- Data as of
- 12/2018
- EIN
- 26-3717432
Organization Overview
James And Lynne Newman Foundation is located in Rancho Santa Fe, CA. The organization was established in 2009. 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.
For the year ending 12/2018, James And Lynne Newman Foundation generated $17.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.3%) each year. All expenses for the organization totaled $32.4k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James W Newman President | 1 | $0 | |
Lynne Newman Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35 |
| Dividends & Interest | $9,618 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,799 |
| Capital Gain Net Income | $7,799 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,452 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $462 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $955 |
| Total operating and administrative expenses | $3,167 |
| Contributions, gifts, grants paid | $29,200 |
| Total expenses and disbursements | $32,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,271 |
| Savings and temporary cash investments | $18,032 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $289,864 |
| Total assets | $311,167 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $8,890 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,890 |
Grants Awarded
Over the last fiscal year, James And Lynne Newman Foundation has awarded $29,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AURORA HEALTH CENTER FOUNDATION PURPOSE: CASH CONTRIBUTION | $200 |
FOUNDATION FOR COVENANT HARBOR - LAKE GENEVA PURPOSE: CASH CONTRIBUTION | $500 |
PACIFIC CREST TRAIL ASSOCIATION PURPOSE: CASH CONTRIBUTION | $3,000 |
GENEVA LAKE MUSEUM PURPOSE: CASH CONTRIBUTION | $500 |
SAN DIEGO CENTER FOR CHILDREN PURPOSE: CASH CONTRIBUTION | $25,000 |