Wo And Lois Newell Charitable Trust

Somerset, KY
Tax-exempt since Feb. 2010
EIN: 26-3939254

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$829k (2024)

Expenses

$874k (2024)

Total Assets

$13.4M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$828,957

Expenses

$873,729

Net Income

-$44,772

Net Assets

$13,391,998

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$42,612	5.1%
Dividends	$441,610	53.3%
Sales of Assets	$344,735	41.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$748,367	85.7%
Compensation of Officers*	$89,859	10.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,391,998
Total Liabilities	$0
Net Assets	$13,391,998

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$89,859	$0

990-PF

Filed on March 21, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$711,332

Expenses

$881,234

Net Income

-$169,902

Net Assets

$13,436,782

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$28,024	3.9%
Dividends	$394,965	55.5%
Sales of Assets	$288,343	40.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$765,380	86.9%
Compensation of Officers*	$85,483	9.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,436,782
Total Liabilities	$0
Net Assets	$13,436,782

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$85,483	$0

990-PF

Filed on March 5, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$1,065,543

Expenses

$959,389

Net Income

$106,154

Net Assets

$13,606,680

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,040	0.6%
Dividends	$293,868	27.6%
Sales of Assets	$765,635	71.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$829,880	86.5%
Compensation of Officers*	$90,033	9.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,606,680
Total Liabilities	$0
Net Assets	$13,606,680

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$90,033	$0

990-PF

Filed on March 17, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$1,075,232

Expenses

$812,453

Net Income

$262,779

Net Assets

$13,505,099

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11,533	1.1%
Dividends	$273,446	25.4%
Sales of Assets	$790,253	73.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$701,641	86.4%
Compensation of Officers*	$91,113	11.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,505,099
Total Liabilities	$0
Net Assets	$13,505,099

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$91,113	$0

990-PF

Filed on March 28, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$422,734

Expenses

$853,061

Net Income

-$430,327

Net Assets

$13,243,390

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$28,245	6.7%
Dividends	$215,253	50.9%
Sales of Assets	$179,236	42.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$751,512	88.1%
Compensation of Officers*	$81,135	9.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,243,391
Total Liabilities	$1
Net Assets	$13,243,390

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$81,135	$0

990-PF

Filed on April 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$601,150

Expenses

$881,450

Net Income

-$280,300

Net Assets

$13,674,703

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$26,145	4.3%
Dividends	$295,854	49.2%
Sales of Assets	$279,151	46.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$775,972	88.0%
Compensation of Officers*	$84,310	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,674,704
Total Liabilities	$1
Net Assets	$13,674,703

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$84,310	$0

990-PF

Filed on March 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$897,891

Expenses

$886,954

Net Income

$10,937

Net Assets

$13,955,004

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$15,168	1.7%
Dividends	$323,857	36.1%
Sales of Assets	$558,866	62.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$776,533	87.6%
Compensation of Officers*	$89,265	10.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,955,004
Total Liabilities	$0
Net Assets	$13,955,004

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$89,265	$0

990-PF

Filed on March 26, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$959,153

Expenses

$828,667

Net Income

$130,486

Net Assets

$13,944,067

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,762	0.7%
Dividends	$294,724	30.7%
Sales of Assets	$657,667	68.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$722,500	87.2%
Compensation of Officers*	$85,787	10.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,944,067
Total Liabilities	$0
Net Assets	$13,944,067

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$85,787	$0

990-PF

Filed on March 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$482,356

Expenses

$851,942

Net Income

-$369,586

Net Assets

$13,813,581

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,474	1.1%
Dividends	$273,574	56.7%
Sales of Assets	$203,308	42.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$750,093	88.0%
Compensation of Officers*	$81,286	9.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,813,581
Total Liabilities	$0
Net Assets	$13,813,581

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$81,286	$0

990-PF

Filed on March 11, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$790,773

Expenses

$907,038

Net Income

-$116,265

Net Assets

$14,183,167

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$23,025	2.9%
Dividends	$247,523	31.3%
Sales of Assets	$520,225	65.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$889,060	98.0%
Compensation of Officers*	$86,705	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,183,167
Total Liabilities	$0
Net Assets	$14,183,167

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$86,705	$0

990-PF

Filed on April 1, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$656,027

Expenses

$997,414

Net Income

-$341,387

Net Assets

$14,299,432

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,174	0.3%
Dividends	$300,116	45.7%
Sales of Assets	$353,653	53.9%
Other Income	$84	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$904,326	90.7%
Compensation of Officers*	$88,780	8.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,299,432
Total Liabilities	$0
Net Assets	$14,299,432

Compensation

Key Employees and Officers	Compensation	Other
Cumberland Security Bank (Trustee)	$88,780	$0

990-PF

Filed on May 15, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$2,473,328

Expenses

$796,519

Net Income

$1,676,809

Net Assets

$14,646,970

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$76,975	3.1%
Dividends	$221,492	9.0%
Sales of Assets	$2,170,172	87.7%
Other Income	$4,689	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$713,380	89.6%
Compensation of Officers*	$76,201	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,646,970
Total Liabilities	$0
Net Assets	$14,646,970

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$492,229

Expenses

$723,393

Net Income

-$231,164

Net Assets

$14,267,555

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$104,219	21.2%
Dividends	$205,625	41.8%
Sales of Assets	$175,235	35.6%
Other Income	$7,150	1.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$664,204	91.8%
Compensation of Officers*	$56,090	7.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,267,555
Total Liabilities	$0
Net Assets	$14,267,555

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$422,274

Expenses

$754,881

Net Income

-$332,607

Net Assets

$13,550,439

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$124,683	29.5%
Dividends	$216,553	51.3%
Sales of Assets	$72,277	17.1%
Other Income	$8,761	2.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$714,376	94.6%
Compensation of Officers*	$37,660	5.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,550,439
Total Liabilities	$0
Net Assets	$13,550,439

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

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Updated January 26, 2026

Wo And Lois Newell Charitable Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $829k (2024)

Expenses $874k (2024)

Total Assets $13.4M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$829k (2024)

Expenses

$874k (2024)

Total Assets

$13.4M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009