Neel Foundation
- Assets
- $1.8m
- Revenue
- $85.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Croton On Hudson, NY
- Founding
- 10/1964
- Data as of
- 12/2022
- EIN
- 54-0761588
Organization Overview
Neel Foundation is located in Croton On Hudson, NY. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Neel 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 12/2022, Neel Foundation generated $85.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $126.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Neel Foundation has awarded 798 individual grants totaling $709,719. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO 501(C)3 CHARITIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Neel President | 0 | $0 | |
Mary Neel Gilbert Vice President | 0 | $0 | |
Wendy Neel Ellsworth Secretary | 0 | $0 | |
Kathryn Leeds Neel Treasurer | 0 | $0 | |
Sophia Neel Kountz Director | 0 | $0 | |
Amy Bowen Neel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,451 |
| Dividends & Interest | $48,452 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,822 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,725 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $84 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,013 |
| Total operating and administrative expenses | $24,422 |
| Contributions, gifts, grants paid | $102,274 |
| Total expenses and disbursements | $126,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,014 |
| Savings and temporary cash investments | $0 |
| 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 | $240,729 |
| Net Land, buildings, and equipment | $1,478 |
| Other assets | $0 |
| Total assets | $1,805,924 |
| 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, Neel Foundation has awarded $91,832 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
ABILITY TREE PURPOSE: DONATION | $850 |
ACLU FDN PURPOSE: DONATION | $1,000 |
ADOPT A NATIVE ELDER PURPOSE: DONATION | $1,000 |
ALEXANDER VALLEY HEALTHCARE PURPOSE: DONATION | $3,000 |
ALL HANDS VOLUNTEERS PURPOSE: DONATION | $500 |
ALLIANCE EARTH PURPOSE: DONATION | $1,500 |