Neel Foundation

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 12/2021, Neel Foundation generated $266.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $118.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Neel Foundation has awarded 678 individual grants totaling $608,647. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTRIBUTIONS TO 501(C)3 CHARITIES


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $11,407
Dividends & Interest $54,455
Net Rental Income$0
Net Gain on Sale of Assets $200,163
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $266,025

Grants Awarded

Over the last fiscal year, Neel Foundation has awarded $91,832 in support to 112 organizations.

Grant RecipientAmount

KENNEBEC COMMUNITY COLLEGE

PURPOSE: DONATION

$5,000

TOMOKA CHRISTIAN CHURCH

PURPOSE: DONATION

$4,000

BEADS FOR EDUCATION

PURPOSE: DONATION

$3,100

ALEXANDER VALLEY HEALTHCARE

PURPOSE: DONATION

$3,000

LOUDOUN HUNGER RELIEF

Org PageRecipient Profile

Leesburg, VA

PURPOSE: DONATION

$3,000

REDWOOD EMPIRE FOOD BANK

Org PageRecipient Profile

Santa Rosa, CA

PURPOSE: DONATION

$2,500
View Grant Profile

Peer Organizations

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