Harold M Neel And Katherine Klepinger Neel Scholarship Fund
- Assets
- $2.8m
- Revenue
- $190.1k
- Investments
- $936.7k
- Employees
- 0
- Location
- Lafayette, IN
- Founding
- 06/1991
- Data as of
- 12/2021
- EIN
- 35-6529645
Organization Overview
Harold M Neel And Katherine Klepinger Neel Scholarship Fund is located in Lafayette, IN. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harold M Neel And Katherine Klepinger Neel Scholarship Fund 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 12/2021, Harold M Neel And Katherine Klepinger Neel Scholarship Fund generated $190.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $238.2k during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Harold M Neel And Katherine Klepinger Neel Scholarship Fund has awarded 39 individual grants totaling $338,566. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $46,302 |
| Net Rental Income | $148,352 |
| Net Gain on Sale of Assets | -$19,812 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $190,093 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,263 |
| Total operating and administrative expenses | $52,963 |
| Contributions, gifts, grants paid | $185,251 |
| Total expenses and disbursements | $238,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,181 |
| Savings and temporary cash investments | $286,122 |
| 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 | $1,538,351 |
| Investments—mortgage loans | $0 |
| Investments—other | $155,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,781,310 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Harold M Neel And Katherine Klepinger Neel Scholarship Fund has awarded $185,251 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
PURDUE UNIVERSITYEMERSON BURROUGHS PURPOSE: COLLEGE SCHOLARSHIP | $17,998 |
IUPUICHASE STETLER PURPOSE: COLLEGE SCHOLARSHIP | $16,665 |
BALL STATENICHOLE HUFF PURPOSE: COLLEGE SCHOLARSHIP | $15,316 |
PURDUE UNIVERSITYSYDNEY ALTMAN PURPOSE: COLLEGE SCHOLARSHIP | $15,110 |
PURDUE UNIVERSITYKAITLYN CLAPPER PURPOSE: COLLEGE SCHOLARSHIP | $14,703 |
PURDUE UNIVERSITYMALLORY CULVER PURPOSE: COLLEGE SCHOLARSHIP | $13,550 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |