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The Neag Foundation is a private trust based in WYOMISSING, PA. The foundation received its IRS ruling in 1993. It holds total assets of $92.2M. Annual income is reported at $52.5M. According to available records, The Neag Foundation has made 5 grants totaling $16.8M, with a median grant of $2.6M. The foundation has distributed between $2.6M and $7.3M annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $7.3M distributed across 1 grants. Individual grants have ranged from $2.1M to $7.3M, with an average award of $3.4M. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
The Neag Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in PA.
The Neag Foundation has distributed a total of $16.8M across 5 grants. The median grant size is $2.6M, with an average of $3.4M. Individual grants have ranged from $2.1M to $7.3M.
The application deadline is FUNDING IS GRANTED IN SPRING AND FALL. THE APPLICATION WINDOW FOR SPRING FUNDING IS DECEMBER 1 TO FE. THE FOUNDATION IS COMMITTED TO PROVIDING GRANTS THAT IMPROVE AND ENHANCE EDUCATION, HEALTHCARE AND THE ARTS. PRIORITY IS GIVEN TO ORGANIZATIONS AND PROGRAMS IN PENNSYLVANIA AND CONNECTICUT.
The Neag Foundation is headquartered in WYOMISSING, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carole J Neag | TRUSTEE | $9K | $0 | $9K |
| Heidi C Hogan | TRUSTEE | $9K | $0 | $9K |
| Sally Reis Renzulli | TRUSTEE | $9K | $0 | $9K |
Total Giving
$3.3M
Total Assets
$90.8M
Fair Market Value
N/A
Net Worth
$90.8M
Grants Paid
N/A
Contributions
$19.2M
Net Investment Income
$2M
Distribution Amount
$3.9M
Total Grants
5
Total Giving
$16.8M
Average Grant
$3.4M
Median Grant
$2.6M
Unique Recipients
1
Most Common Grant
$2.1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedSEE ATTACHED | See Attached, PA | $2.7M | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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