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Neal Foundation is a private corporation based in TOLEDO, IL. The foundation received its IRS ruling in 1983. It holds total assets of $3.9M. Annual income is reported at $1.8M. Total assets have grown from $1.9M in 2011 to $3.9M in 2024. The foundation is governed by 9 officers and trustees. Refer to schedule of grants/contributions. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Illinois. According to available records, Neal Foundation has made 106 grants totaling $1.6M, with a median grant of $3K. The foundation has distributed between $358K and $847K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $847K distributed across 56 grants. Individual grants have ranged from $100 to $250K, with an average award of $15K. The foundation has supported 28 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$16K
Largest Grant
$250K
Based on 22 grants from the most recent 990-PF filing.
Refer to schedule of grants/contributions
Expenses: $358K
Administrative expenses related to grants paid: accounting fees - 1,665 miscellaneous - 10 filing fees - 15 other compensation - 885 payroll taxes - 126 office supplies - 765 insurance - 2,370 advertising - 200
Expenses: $6K
Refer to schedule of grants/contributions. Based on available records, the foundation has funded 106 grants. Its grantmaking reaches organizations primarily in IL.
Neal Foundation has distributed a total of $1.6M across 106 grants. The median grant size is $3K, with an average of $15K. Individual grants have ranged from $100 to $250K.
The application deadline is CONTACT FOUNDATION FOR INFORMATION. Primarily toledo, il and cumberland county, il organizations.
Neal Foundation is headquartered in TOLEDO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ben Bland | TRUSTEE | $0 | $0 | N/A |
| Robert Donsbach | VICE PRES. | $0 | $0 | N/A |
| Steven Wente | TREASURER | $0 | $0 | N/A |
| Gene Nichols | TRUSTEE | $0 | $0 | N/A |
| Brenda Jones | TRUSTEE | $0 | $0 | N/A |
| Racheal Sudkamp | TRUSTEE | $0 | $0 | N/A |
| John Barger | TRUSTEE | $0 | $0 | N/A |
| Sarah Holsapple-Miller | PRESIDENT | $0 | $0 | N/A |
| Jill Mathenia | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.9M
Fair Market Value
N/A
Net Worth
$3.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
106
Total Giving
$1.6M
Average Grant
$15K
Median Grant
$3K
Unique Recipients
28
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cumberland CountySHERIFF'S DEPARTMENT | Toledo, IL | $6K | 2023 |
| Mattoon Area Family YmcaNEAL CENTER YMCA OPERATIONS | Mattoon, IL | $250K | 2023 |
| Cumberland SchoolsSCHOLARSHIPS | Toledo, IL | $24K | 2023 |
| Toledo American LegionBALLFIELD IMPROVEMENTS | Toledo, IL | $20K | 2023 |
| Cumberland Co Ext Building AssocBUILDING CONSTRUCTION | Greenup, IL | $20K | 2023 |
| Sumpter Township Park DistrictPARK IMPROVEMENTS | Toledo, IL | $20K | 2023 |
| Life Center Of Cumberland CoENDOWMENT FUND | Toledo, IL | $20K | 2023 |
| Toledo Development CorpTOLEDO FIREWORKS | Toledo, IL | $10K | 2023 |
| Cumberland Pet ConnectionGENERAL OPERATIONS | Toledo, IL | $10K | 2023 |
| Neoga SchoolsSCHOLARSHIPS | Neoga, IL | $9K | 2023 |
| Cumberland Shoe Tree ProgramPROGRAMMING | Toledo, IL | $1K | 2023 |
| U Of I Extension CenterPARTNERS IN PRODUCE PROGRAM | Shelbyville, IL | $1K | 2023 |
| Anita HaydenSCHOLARSHIP | Greenup, IL | $1K | 2023 |
| Elijah McelravySCHOLARSHIP | Jewett, IL | $500 | 2023 |
| Nicole MartinSCHOLARSHIP | Greenup, IL | $500 | 2023 |
| Colby RyanSCHOLARSHIP | Greenup, IL | $500 | 2023 |
| Village Of ToledoCOURTHOUSE FLOWERS | Toledo, IL | $200 | 2023 |
| Toledo Masonic LodgeBUILDING IMPROVEMENTS | Toledo, IL | $5K | 2022 |