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NEWMAN TRIPLETS FOUNDATION

NEW YORK, NY · EIN 813711285 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$537K
expenses
$7K
net assets
$6.1M
employees
profile · synthesized from sources

The Newman Triplets Foundation is a private foundation based in New York that supports charitable causes through grantmaking. Its primary focus areas include cancer research and general support for educational institutions. The foundation does not appear to conduct direct services, instead funding other organizations to carry out its mission.

named programs · 2 · from sources

What they call their work

Cancer Research Funding
Provides financial support to institutions conducting cancer research, primarily through multi-year grants to Memorial Sloan Kettering Cancer Center.
Higher Education Support
Offers general operating grants to universities and colleges, including Cornell University, Tuck School of Business, Brown University, and Claremont McKenna College.
activities · 2 groups

What they do

  • University-Specific Endowment and Program Funding 4 activities
    • Awarding general operating support grants to Brown University
      Provides general operating support grants to Brown University to advance its core academic and administrative functions.
    • Awarding general operating support grants to Claremont McKenna College
      Provides general operating support grants to Claremont McKenna College to support institutional stability and programming.
    • Awarding general support grants to Cornell University
      Provides general support grants to Cornell University for institutional operating needs.
    • Awarding general support grants to Tuck School of Business
      Provides general support grants to the Tuck School of Business to support its operations and programs.
  • Cancer Research Funding 1 activity
    • Funding cancer research at Memorial Sloan Kettering Cancer Center
      Funds cancer research at Memorial Sloan Kettering Cancer Center through targeted grantmaking.
financials · form 990PF · fy2024
revenue
Total revenue$537K
Contributions & grants$40K8%
Program service revenue
Investment income$36K7%
Other revenue$8K
expenses
Total expenses$7K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out$226K
balance sheet
Total assets$6.14M
Cash
Investments
Liabilities
Net assets$6.13M
4 years on record · 2020–2024 · YoY revenue -42.0%
relationships · 5

Who they work with

  • BROWN UNIVERSITY Partner — Receives general operating support grants from the foundation.
  • CLAREMONT McKENNA COLLEGE Partner — Receives general operating support grants from the foundation.
  • CORNELL UNIVERSITY Partner — Receives general support grants from the foundation.
  • MEMORIAL SLOAN KETTERING CANCER CENTER Partner — Receives funding from the foundation for cancer research.
  • TUCK SCHOOL OF BUSINESS Partner — Receives general support grants from the foundation.