Neon Foundation
- Assets
- $12.7m
- Revenue
- $1.2m
- Investments
- $11.2m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2023
- EIN
- 87-4153499
Organization Overview
Neon Foundation is located in Wilmington, DE. 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. Neon Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Nee Trustee | 1 | $0 | |
Christopher Nee Trustee | 1 | $0 | |
Lucy Nee Trustee | 1 | $0 | |
Wesley Nee Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $200,075 |
| Dividends & Interest | $194,836 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $768,108 |
| Capital Gain Net Income | $1,212,940 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,163,019 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $86 |
| Taxes | $6,121 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,122 |
| Total operating and administrative expenses | $106,140 |
| Contributions, gifts, grants paid | $76,500 |
| Total expenses and disbursements | $182,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,526,186 |
| Net Accounts receivable | $3,763 |
| 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 | $1,690,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,711,838 |
| 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 | $10,043 |
| Total liabilities | $10,043 |
Grants Awarded
Over the last fiscal year, Neon Foundation has awarded $76,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA STATE UNIVERSITY FOUNDATION PURPOSE: THE SPORTS BUSINESS ASSOCIATION'S 2024 NYC OUTREACH TRIP FUND | $2,000 |
ASIAN PACIFIC COMMUNITY FUND OF SOUTHERN CALIFORNI PURPOSE: FUNDS TO SUPPORT THE CREATION/PUBLISHING OF THE "MAKE US VISIBLE" COLORING BOOKS | $2,000 |
FRIENDS OF RED ROCK CANYON PURPOSE: GENERAL & UNRESTRICTED | $12,500 |
GRANT A GIFT AUTISM FOUNDATION PURPOSE: FUNDS FOR LOAN REPAYMENT FOR THE ORGANIZATION'S ELECTRONIC MEDICAL RECORD (EMR), INSYNC HEALTHCARE SOLUTIONS AND ANNUAL TOY DRIVE FUND | $60,000 |