Harold M Neel And Katherine Klepinger Neel Scholarship Fund
- Assets
- $2.7m
- Revenue
- $188.6k
- Investments
- $1.0m
- Employees
- 0
- Location
- Lafayette, IN
- Founding
- 06/1991
- Data as of
- 12/2022
- 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 12/2022, Harold M Neel And Katherine Klepinger Neel Scholarship Fund generated $188.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $236.6k during the year ending 12/2022. 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 63 individual grants totaling $523,515. 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 | $39,253 |
| Net Rental Income | $149,570 |
| Net Gain on Sale of Assets | -$14,414 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $188,617 |
| 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 | $18,718 |
| Total operating and administrative expenses | $51,618 |
| Contributions, gifts, grants paid | $184,949 |
| Total expenses and disbursements | $236,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,635 |
| Savings and temporary cash investments | $143,183 |
| 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 | $1,538,039 |
| Investments—mortgage loans | $0 |
| Investments—other | $380,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,733,360 |
| 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 $184,949 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
BALL STATEDUSTIN PETERSON PURPOSE: COLLEGE SCHOLARSHIP | $11,135 |
BALL STATEKATELYN MATHEW PURPOSE: COLLEGE SCHOLARSHIP | $5,305 |
BALL STATEMADISON MATHEW PURPOSE: COLLEGE SCHOLARSHIP | $5,435 |
IU KOKOMOISABEL BUCHER PURPOSE: COLLEGE SCHOLARSHIP | $2,385 |
IU KOKOMOOLIVIA NEWCOM PURPOSE: COLLEGE SCHOLARSHIP | $11,132 |
IUPUIALEXIS HUEY PURPOSE: COLLEGE SCHOLARSHIP | $5,072 |