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The Newton B Thomas Support Foundation

Public charity
DBA: % NEWTON B THOMAS
Other · BATON ROUGE, LA · EIN 30-0169264

About

The mission of the newton b. Thomas support foundation ("nbtsf") is to operate for the benefit of the baton rouge AREA foundation by supporting charitable, benevolent, civic, moral, religious, arts, cultural, medical and educational uses and purposes as will most effectively assist, encourage and promote the well-being of mankind, particularly in the communities in which the newtron group (the "company or "NGI") operates, through charitable contributions through the newton b. Thomas family/newtron group donor advised fund of the baton rouge AREA foundation. Nbtsf will maximize its assets and contributions by working with the president/CEO of NGI to ensure that the management beliefs that newton thomas used in running the company are continued and faithfully adhered to once the company is donated to nbtsf. Those beliefs are simply that the present and future management of the company lives by and adheres to NGI's CORE values and beliefs (see below) on a day-to-day basis as they manage the company. The newtron group CORE values and beliefs we believe that ALL employees are to be treated as individuals and are to be shown respect and dignity. This applies to both how the company and its management team treat individuals, and how employees treat one another. Our customers and vendors should also be treated with respect and dignity. We believe that responsibility, authority and decision-making should reside with the employees closest to the actual work being performed or the issue at hand. However, with responsibility and authority comes an obligation on the part of employees to perform in a self-motivated manner, to seek help when appropriate and to strive to make NGI successful. Excellence is expected from everyone. As part of the partnership that the company has with its employees and management, the company is committed to sharing a substantial portion of its annual profits with employees and management in the form of annual bonuses. Although these are our values, we cannot lose sight of the fact that NGI is in business to make money. Without adequate profits, the company is not viable and cannot survive in the marketplace. Our CORE values are meant to serve as a constraint on the manner in which we conduct business and EARN a profit, but are not meant to be the primary reason we exist. As a result of these values, employees should have an enjoyable environment in which to work and should find that when they do what they think is right, it will be consistent with the values of the company.

In care of Newton B Thomas

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$3.0M
Expenses
$575K
Assets
$21.5M
Liabilities
$0

Financial history

$3.0M$1.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $3.0M · Avg: $1.6M

Foreign activity (Schedule F)

Total spent abroad$5.2M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN——
EUROPE (INCLUDING ICELAND & GREENLAND)——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$411K
THE NEWTON B THOMAS SUPPORT FOUNDATION
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Address

451 Florida Street LL 100
Baton Rouge, LA, 70801-170

Governance

Voting board members7
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
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