Newberry Family Foundation Inc
- Assets
- $2.3m
- Revenue
- $36.9k
- Investments
- $2.3m
- Employees
- 0
- Location
- Havana, FL
- Founding
- 06/2012
- Data as of
- 12/2023
- EIN
- 45-3133968
Organization Overview
Newberry Family Foundation Inc is located in Havana, FL. The organization was established in 2012. 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. Newberry Family Foundation Inc 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, Newberry Family Foundation Inc generated $36.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $169.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Newberry Family Foundation Inc has awarded 279 individual grants totaling $1,798,370. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT LOCAL CHARITABLE AND RELIGIOUS ORGANIZATIONS; CONTRIBUTED TO 21 ORGANIZATIONS IN THE CURRENT YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Tiller Director | 0 | $21,000 | |
T Rhett Tiller Director | 0 | $5,200 | |
Kelley Brewer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $21,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,120 |
| Capital Gain Net Income | $8,120 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,606 |
| Total Revenue | $36,891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $1,606 |
| Interest | $0 |
| Taxes | $428 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $29,864 |
| Contributions, gifts, grants paid | $139,368 |
| Total expenses and disbursements | $169,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,877 |
| 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 | $109 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,476,152 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,324,705 |
| 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 | $7,607 |
| Total liabilities | $7,607 |
Grants Awarded
Over the last fiscal year, Newberry Family Foundation Inc has awarded $139,368 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIGATOR POINT VOLUNTEER FIRE DEPT PURPOSE: SOCIAL WELFARE | $2,500 |
BIG BEND HOSPICE PURPOSE: HOSPICE CARE | $2,500 |
FL UNITED METHODIST CHILDREN'S HOME PURPOSE: CHILDREN'S CARE | $5,000 |
GA SOUTHERN ATHLETIC FDN PURPOSE: EDUCATION | $10,000 |
FSU COLLEGE OF LAW PURPOSE: EDUCATION | $50 |
CITY CHURCH PURPOSE: RELIGIOUS | $15,000 |