GREENWOOD, IN

Mike Neely Foundation Inc.

Quick Facts

EIN: 237221754
Location: GREENWOOD, IN
Phone: (317) 506-1089
Category: General
Total Assets: $36K
Annual Income: $1
IRS Ruling Year: 1972
Organization Type: Non-Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Mike Neely Foundation Inc. is a private corporation based in GREENWOOD, IN. The foundation received its IRS ruling in 1972. It holds total assets of $36K. Annual income is reported at $1. THE FOUNDATION PROVIDED A $3,000 SCHJOLARSHIP TO DOUGLAS HOBBS, A GRADUATE OF GREEHWOOD HIGH SCHOOL, GREENWOOD, IN. According to available records, Mike Neely Foundation Inc. has made 3 grants totaling $7K, with a median grant of $3K. Annual giving has decreased from $6K in 2021 to $1K in 2023. Individual grants have ranged from $1K to $3K, with an average award of $2K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Deadline

END OF SPRING SEMESTER

Restrictions

GREENWOOD HIGH SCHOOL LINEMAN OF THE YEAR, GREENWOOD, IN 46142

Programs & Activities

TWO $3,000 SCHOLARSHIPS WERE GIVEN OUT DURING 2020-21 FISCAL YEAR

Expenses: $6K

Frequently Asked Questions

What does Mike Neely Foundation Inc. fund?

THE FOUNDATION PROVIDED A $3,000 SCHJOLARSHIP TO DOUGLAS HOBBS, A GRADUATE OF GREEHWOOD HIGH SCHOOL, GREENWOOD, IN. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IN.

How much does Mike Neely Foundation Inc. give in grants?

Mike Neely Foundation Inc. has distributed a total of $7K across 3 grants. The median grant size is $3K, with an average of $2K. Individual grants have ranged from $1K to $3K.

How do I apply for a grant from Mike Neely Foundation Inc.?

Mike Neely Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is END OF SPRING SEMESTER. GREENWOOD HIGH SCHOOL LINEMAN OF THE YEAR, GREENWOOD, IN 46142.

Where is Mike Neely Foundation Inc. located?

Mike Neely Foundation Inc. is headquartered in GREENWOOD, IN.

Key People & Compensation (2024)

Name	Title	Compensation	Benefits	Total
Nadine Neely	BOARD MEMBER	$0	$0	$0
Gary Lindenmayer	BOARD MEMBER	$0	$0	$0
Terry Neely-Tinklenberg	PRESIDENT	$0	$0	$0
Tom Neely	SEC/TREASURER	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2024	990PF	View
2023	990PF	View
2022	990PF	View
2021	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$3K

2023+170%

Total Assets

$39K

2023-8%

Fair Market Value

$39K

2023

Net Worth

$39K

2023

Grants Paid

$3K

2023

Contributions

2023

Net Investment Income

2023

Distribution Amount

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Financial Details (2023)

Total Revenue: $1
Total Expenses: $3K
Exempt Purpose Expenses: $0
Required Distribution: $0
Undistributed Income: $0
Total Liabilities: $1

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$7K

Average Grant

$2K

Median Grant

$3K

Unique Recipients

Most Common Grant

$3K

Grant Disbursements by Year

Grant Range

Min$1K

Max$3K

Median: $3K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

IN$7K (3)

Past Grantees

Recipient	Location	Amount	Year
Greenwood High SchoolFOOTBALL EQUIPMENT	Greenwood, IN	$1K	2023
Scott SledgeCOLLEGE SCHOLARSHIP	Greenwood, IN	$3K	2021
Collin CampbellCOLLEGE SCHOLARSHIP	Greenwood, IN	$3K	2021