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Jessie Frances Neal Foundation Inc. is a private corporation based in LAREDO, TX. The foundation received its IRS ruling in 2013. The principal officer is Jessie F Neal. It holds total assets of $8.4M. Annual income is reported at $1.2M. Total assets have grown from $1M in 2012 to $8.3M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Jessie Frances Neal Foundation Inc. has made 4 grants totaling $781K, with a median grant of $243K. Annual giving has grown from $209K in 2020 to $572K in 2022. Individual grants have ranged from $9K to $286K, with an average award of $195K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Jessie Frances Neal Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TX.
Jessie Frances Neal Foundation Inc. has distributed a total of $781K across 4 grants. The median grant size is $243K, with an average of $195K. Individual grants have ranged from $9K to $286K.
Jessie Frances Neal Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jessie Frances Neal Foundation Inc. is headquartered in LAREDO, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carmina Butler | SECRETARY | $0 | $0 | N/A |
| Jessie F Neal | PRES/TREASUR | $0 | $0 | N/A |
| Christine Salch | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
$360K
Total Assets
$8.3M
Fair Market Value
$10M
Net Worth
$8.3M
Grants Paid
$299K
Contributions
$2K
Net Investment Income
$298K
Distribution Amount
$457K
Total: $7.8M
Total Grants
4
Total Giving
$781K
Average Grant
$195K
Median Grant
$243K
Unique Recipients
2
Most Common Grant
$286K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas A&M University Corpus ChristiSCHOLARSHIPS | Corpus Christi, TX | $286K | 2022 |
| Ut Health San AntonioSCHOLARSHIPS | San Antonio, TX | $9K | 2020 |