Nonprofit · EIN 22-6410797
THE NEWMAN FOUNDATION INC
Tax-exempt · SHORT HILLS, NJ 07078
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990-PF | $89,383 | $96,186 | -$6,803 | $805,077 | $0 | $805,077 |
| November 30, 2024 | 990-PF | $114,687 | $76,630 | $38,057 | $811,880 | $0 | $811,880 |
| November 30, 2023 | 990-PF | $69,238 | $85,997 | -$16,759 | $773,823 | $0 | $773,823 |
Financial details: 990-PF for the year ended November 30, 2025
Revenue
- Dividends
- $17,756
- Net gain from sales of assets
- $71,627
Expenses
- Grants and similar amounts paid
- $60,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $65,927
- Excise tax on investment income
- $822
Balance sheet and other
- Total assets, start of year
- $811,880
- Total assets, end of year
- $805,077
- Total liabilities, end of year
- $0
- Net assets, end of year
- $805,077
- Fair market value of assets
- $1,589,332
- Qualifying distributions
- $65,927
- Net investment income
- $89,383
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KERRY SULLIVAN 65 OLD FARM ROAD, WELLESLEY, MA 02481 | PRESIDENT/TRUSTEE | 0 | $0 |
| BRIAN NEWMAN 201 WEST PATENT RD, BEDFORD CORNERS, NY 10549 | TREASURER | 0 | $0 |
| STEPHEN NEWMAN 19 LAKE ROAD, FAR HILLS, NJ 07931 | SECRETARY | 0 | $0 |
990-PF for the year ended November 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KERRY SULLIVAN 65 OLD FARM ROAD, WELLESLEY, MA 02481 | PRESIDENT/TRUSTEE | 0 | $0 |
| BRIAN NEWMAN 201 WEST PATENT RD, BEDFORD CORNERS, NY 10549 | TREASURER | 0 | $0 |
| STEPHEN NEWMAN 19 LAKE ROAD, FAR HILLS, NJ 07931 | SECRETARY | 0 | $0 |
990-PF for the year ended November 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KERRY SULLIVAN 65 OLD FARM ROAD, WELLESLEY, MA 02481 | PRESIDENT/TRUSTEE | 0 | $0 |
| DENIS NEWMAN 22 JOANNA WAY, SHORT HILLS, NJ 07078 | TREASURER/VICE PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 22 JOANNA WAY, SHORT HILLS, NJ 07078-3240
- Signed the 990-PF
- KERRY SULLIVAN, PRESIDENT
- Phone
- (973) 379-1767
- Return prepared by
- CLYNE EAGAN & ASSOCIATES
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990-PF on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-6410797
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1988
- Accounting year ends
- November
- Files
- Form 990-PF
- Assets (IRS master file)
- $805,077
- Income (IRS master file)
- $531,152
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2025 | $89,383 | $96,186 | $805,077 | XML |
| 990-PF | November 2024 | $114,687 | $76,630 | $811,880 | XML |
| 990-PF | November 2023 | $69,238 | $85,997 | $773,823 | XML |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-6410797).
Questions about THE NEWMAN FOUNDATION INC
- What is the EIN of THE NEWMAN FOUNDATION INC?
- The employer identification number (EIN) of THE NEWMAN FOUNDATION INC is 22-6410797.
- Is THE NEWMAN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to THE NEWMAN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE NEWMAN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE NEWMAN FOUNDATION INC due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE NEWMAN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2025.
- Who are the officers and directors of THE NEWMAN FOUNDATION INC?
- The 990-PF for the year ended November 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE NEWMAN FOUNDATION INC have?
- On its 990-PF for the year ended November 30, 2025 it reported revenue of $89,383, expenses of $96,186 and total assets of $805,077 at year end.
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