The Mcneely Foundation
- Assets
- $0.0
- Revenue
- $1.7m
- Investments
- $12.5m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 04/1981
- Data as of
- 12/2020
- EIN
- 41-1392221
Organization Overview
The Mcneely Foundation is located in St Paul, MN. The organization was established in 1981. 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. Mcneely 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 12/2020, Mcneely Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Mcneely Foundation has awarded 374 individual grants totaling $5,018,145. 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 |
|---|---|---|---|
Ted Madden Chair | 0.02 | $0 | |
Nicholas Mcneely Vice Chair | 0.02 | $0 | |
Armar A Archbold Secretary | 0.02 | $0 | |
We Barsness Trustee | 0.02 | $0 | |
Shannon Whitaker Trustee | 0.02 | $0 | |
Trina Mcneely Trustee | 0.02 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $383,608 |
| Profit on Inventory Sales | $0 |
| Other Income | $575,594 |
| Total Revenue | $1,660,356 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $186 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $115,297 |
| Contributions, gifts, grants paid | $1,130,880 |
| Total expenses and disbursements | $1,246,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$135,244 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,984,690 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $39,341 |
Grants Awarded
Over the last fiscal year, The Mcneely Foundation has awarded $1,910,795 in support to 134 organizations.
| Grant Recipient | Amount |
|---|---|
St Paul, MN PURPOSE: GENERAL OPERATING SUPPORT WAKAN TIPI CENTER CAPITAL | $170,000 |
Saint Paul, MN PURPOSE: EAST SIDE FUNDERS GROUP MCNEELY FOUNDATION DONOR ADVISED FUND | $150,000 |
ST PAUL URBAN TENNIS PROGRAM PURPOSE: EAST SIDE PARKS PROGRAMMING GENERAL OPERATING SUPPORT | $58,000 |
URBAN ROOTS PURPOSE: EAST SIDE YOUTH PROGRAMS GENERAL OPERATING SUPPORT | $51,000 |
URBAN ROOTS PURPOSE: EAST SIDE YOUTH PROGRAMS GENERAL OPERATING SUPPORT | $50,000 |
ST PAUL URBAN TENNIS PROGRAM PURPOSE: EAST SIDE PARKS PROGRAMMING GENERAL OPERATING SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
American Family Insurance Dreams Foundation Inc Madison, WI | $10,733,127 | $6,580,229 |
Joseph And Vera Zilber Charitable Foundation Inc Milwaukee, WI | $301,880,639 | $24,555,392 |
Argosy Foundation Milwaukee, WI | $36,932,110 | $41,277,914 |
Cargill Foundation Minneapolis, MN | $286,172,868 | $105,535,102 |
Schoeneckers Foundation Minneapolis, MN | $145,295,949 | $7,540,866 |
The Curtis L Carlson Family Foundation Minnetonka, MN | $300,826,673 | $21,132,663 |
Principal Financial Group Foundation Inc Des Moines, IA | $217,742,870 | $19,396,180 |
Herbert H Kohl Charities Inc Milwaukee, WI | $19,332,679 | $4,430,173 |
Andreas Foundation Mankato, MN | $70,794,995 | $28,410,107 |
Frechette Family Foundation Minneapolis, MN | $167,055,978 | $9,430,765 |