THE NEWMAN AND ZENETH WARD FAMILY FOUNDATION

Address
1902 NORTH 1640 WEST
PROVO, UT 84604
Contact
Phone: +1 (801) 438-2000
Nonprofit
NTEE: T20 - Private Grantmaking Foundations
EIN: 87-0640485

Mission

support the charitable purposes of the philanthropy community, a 501(c)(3) organization, and assist and educate the poor.
 201620142013
Basic features of the organization
Year of formation1999
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area6520
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00  
Number of employees0  
Number of people compensated >$100k0  
Number of highly compensated contractors0  
Personnel
Bennett, Steven
TitleSecretary  
Name of key/compensated personSTEVEN W BENNETT  
Average hours per week working for org1.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Staffieri, Michael
TitleTrustee  
Name of key/compensated personMICHAEL STAFFIERI  
Average hours per week working for org2.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Ward, David
TitlePresident  
Name of key/compensated personDAVID A WARD  
Average hours per week working for org10.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Ward, Mary
TitleVice President  
Name of key/compensated personMARY V WARD  
Average hours per week working for org10.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Purpose: mission, activities & accomplishments
Mission or significant activitiesSupport the charitable purposes of the philanthropy community, a 501(c)(3) organization.  
Program expenses (total)$297,500.00  
Programs, including revenue & expenses
assist and educate the poor through 501(c)(3) organizations
Program expenses$190,000.00  
Grants and allocations made$190,000.00  
Program descriptionassist and educate the poor through 501(c)(3) organizations  
assist arts and education through 501(c)(3) organizations
Program expenses$107,500.00  
Grants and allocations made$107,500.00  
Program descriptionassist arts and education through 501(c)(3) organizations  
Financial data
Expense categories (totals)
Sum (total functional expenses)$538,684.00  
Program services (total functional expenses)$297,500.00  
Management & general (total functional expenses)$241,184.00  
Fundraising (total functional expenses)$0.00  
Revenue
Total revenue$236,396.00  
Program service revenue (total)$0.00$0.00$0.00
Revenue from contributions (total)$0.00$0.00$0.00
Investment income$236,396.00  
Total unrelated business revenue$0.00  
Other revenue, current yr$0.00  
Total revenue from grants, etc., current yr$0.00  
Gross receipts$9,733,786.00  
Other types of revenue
Royalties (total)$0.00  
Miscellaneous revenue (total)$0.00  
Net revenue from gaming (total)$0.00  
Income from dividends, interest, and similar investments$353,516.00  
Net rental income$0.00$0.00$0.00
Net income from fundraising events$0.00  
Net inventory sales (total)$0.00  
Fees for services
Lobbying fees (total)$0.00  
Legal fees (total)$939.00  
Fundraising service fees (total)$0.00  
General management fees (total)$204,299.00  
Investment management fees (total)$0.00  
Accounting service fees (total)$0.00  
Assets and liabilities
Total assets$13,715,434.00$15,013,592.00$4,584,439.00
Total assets, beginning of year$14,370,761.00  
Total liabilities$0.00$0.00$0.00
Pledges & accounts receivable, net$0.00  
Loans & receivables from key persons$0.00  
Net assets$13,715,434.00  
Net assets, beginning of year$14,370,761.00  
Intangible assets$0.00  
Other assets$0.00  
Investments: other securities$237,212.00  
Investments: publicly traded securities$13,360,899.00  
Cash: non-interest bearing$17,323.00  
Cash: non-interest bearing, beginning of year$5,950.00  
Investments: program-related$0.00  
Inventories for sale or use$0.00  
Other financial variables
Revenue less expenses-$302,288.00  
Advertising (total)$0.00  
Savings & temp cash investment$0.00  
Accounts receivable, net$0.00  
Prepaid expenses & deferred charges$0.00  
Total net assets or fund balances$13,715,434.00  
Depreciation, depletion, amortization$0.00  
Payment to affiliates$0.00  
Governance and accountability
Number of voting members4  
Number of independent voting members1  
Relationships among key personnelTrue  
Tax year start date2016-01-01  
Tax year end date2016-12-31  
Accounting methodCash  
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrue  
Metadata about the filing
E-return type990  
Date e-filing submitted2018-01-11  
IRS schema version2016v3.0  
Filing identifier201743199349315424  
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