Neubauer Family Foundation
- Assets
- $370.5m
- Revenue
- $48.9m
- Investments
- $370.3m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 05/1999
- Data as of
- 11/2022
- EIN
- 25-6627704
Organization Overview
Neubauer Family Foundation is located in Philadelphia, PA. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neubauer Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2022, Neubauer Family Foundation generated $48.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $26.4m during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Neubauer Family Foundation has awarded 860 individual grants totaling $209,164,821. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Neubauer Trustee | 6 | $0 | |
Lawrence Neubauer Trustee | 1 | $0 | |
Melissa Neubauer Anderson Trustee | 1 | $0 | |
Rebecca Cornejo Executive Director | 40 | $338,417 | |
Daniel Berkowitz Chief Strategy Offic | 40 | $208,417 | |
Courtney Fail Executive Assistant | 40 | $109,167 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,822 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,264,206 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,643,044 |
| Capital Gain Net Income | $34,643,044 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,983,207 |
| Total Revenue | $48,903,279 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $714,638 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $112,754 |
| Interest | $369 |
| Taxes | $985,031 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $49,233 |
| Printing and publications | $0 |
| Other expenses | $81,817 |
| Total operating and administrative expenses | $1,992,107 |
| Contributions, gifts, grants paid | $24,396,920 |
| Total expenses and disbursements | $26,389,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $167,154 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $368,047,786 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $370,510,214 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,122 |
| Total liabilities | $7,122 |
Grants Awarded
Over the last fiscal year, Neubauer Family Foundation has awarded $23,955,006 in support to 311 organizations.
| Grant Recipient | Amount |
|---|---|
AD PRIMA CHARTER SCHOOL PURPOSE: PROGRAM SUPPORT | $12,500 |
ACADEMY OF MUSIC RESTORATION FUND PURPOSE: PROGRAM SUPPORT | $25,000 |
ALUMNAE ASSOCIATION OF THE PHILADELPHIA HIGH SCHOOL FOR GIRLS PURPOSE: PROGRAM SUPPORT | $2,500 |
AMERICAN ACADEMY OF ARTS AND SCIENCES PURPOSE: PROGRAM SUPPORT | $20,650 |
AMERICAN COMMITTEE FOR THE WEIZMANN PURPOSE: PROGRAM SUPPORT | $38,590 |
AMERICAN CANCER SOCIETY PURPOSE: PROGRAM SUPPORT | $106 |