Neustadt Charitable Foundation
- Assets
- $269.7k
- Revenue
- $50.6k
- Investments
- $250.9k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/1964
- Data as of
- 12/2023
- EIN
- 73-6100346
Organization Overview
Neustadt Charitable Foundation is located in Houston, TX. 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. Neustadt Charitable 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 12/2023, Neustadt Charitable Foundation generated $50.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $30.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Neustadt Charitable Foundation has awarded 46 individual grants totaling $148,775. 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 |
|---|---|---|---|
Laura N Stephenson Chairman | 0 | $0 | |
Bruce Neustadt President | 0 | $0 | |
Joseph Neustadt Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,452 |
| Capital Gain Net Income | $36,452 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$322 |
| Total Revenue | $50,591 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $975 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,580 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $30,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,586 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | -$2,849 |
| Total assets | $269,668 |
| 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, Neustadt Charitable Foundation has awarded $25,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
GREATER SOUTHWEST HISTORICAL MUSEUM PURPOSE: HISTORICAL RESEARCH AND EDUCATION | $2,000 |
MD ANDERSON CANCER CENTER PURPOSE: MEDICAL RESEARCH AND SUPPORT | $10,000 |
HOUSTON METHODIST HOSPITAL FOUNDATION PURPOSE: MEDICAL RESEARCH AND SUPPORT | $10,000 |
HOUSTON CONGREGATION FOR REFORM JUDAISM PURPOSE: RELIGION REFORM | $1,000 |
MERCERSBURG ACADEMY PURPOSE: EDUCATIONAL DEVELOPMENT | $500 |
SCOTTISH RITE HOSPITAL PURPOSE: MEDICAL RESEARCH AND SUPPORT | $500 |