Neubauer Family Foundation
- Assets
- $348.0m
- Revenue
- $28.6m
- Investments
- $347.9m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 05/1999
- Data as of
- 11/2021
- 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 11/2021, Neubauer Family Foundation generated $28.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (43.6%) each year. All expenses for the organization totaled $23.8m during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Neubauer Family Foundation has awarded 247 individual grants totaling $93,109,641. 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 |
|---|---|---|---|
Rebecca Cornejo Executive Director | 40 | $280,208 | |
Daniel Berkowitz Chief Strategy Offic | 40 | $181,358 | |
Courtney Fail Executive Assistant | 40 | $86,667 | |
Sarah Biemiller Grants Administrator | 40 | $83,208 | |
Joseph Neubauer Trustee | 6 | $0 | |
Lawrence Neubauer Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $695,108 |
| Dividends & Interest | $8,634,494 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,865,930 |
| Capital Gain Net Income | $12,865,930 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,418,873 |
| Total Revenue | $28,614,405 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $641,442 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $92,863 |
| Interest | $0 |
| Taxes | $94,181 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $29,787 |
| Printing and publications | $0 |
| Other expenses | $78,992 |
| Total operating and administrative expenses | $984,602 |
| Contributions, gifts, grants paid | $22,812,708 |
| Total expenses and disbursements | $23,797,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $97,564 |
| 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 | $345,616,124 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $348,008,962 |
| 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 | $20,122 |
| Total liabilities | $20,122 |
Grants Awarded
Over the last fiscal year, Neubauer Family Foundation has awarded $93,109,641 in support to 247 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: PROGRAM SUPPORT | $34,969,283 |
Philadelphia, PA PURPOSE: PROGRAM SUPPORT | $11,661,730 |
Mountain View, CA PURPOSE: PROGRAM SUPPORT | $5,000,000 |
BARNES FOUNDATION PURPOSE: PROGRAM SUPPORT | $4,860,000 |
AMERICAN COMMITTEE FOR TEL AVIV FOUNDATION PURPOSE: PROGRAM SUPPORT | $4,302,750 |
New York, NY PURPOSE: PROGRAM SUPPORT | $3,350,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
Gray Foundation Cohoes, NY | $79,676,216 | $85,340,733 |
Tl Foundation Suffern, NY | $597,015 | $24,643,909 |
Park Foundation Inc Ithaca, NY | $505,545,130 | $75,092,084 |
The Nathan Cummings Foundation Inc New York, NY | $538,275,709 | $724,216 |
Donald A Pels Charitable Tr 081892 Harrison, NY | $318,380,585 | $19,080,873 |
Walder Family Foundation Wilmington, DE | $215,951,796 | $11,130,940 |
Fisher Koch Family Foundation Inc New York, NY | $18,346,148 | $55,675,398 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Stephen A Schwarzman Education Foundation New York, NY | $9,777,313 | $26,526,711 |
King Street Charitable Tr New York, NY | $21,156,424 | $2,759,208 |