Harold M Neel & Katharine Klepinger

Foundation · Grantmaker LAFAYETTE, IN EIN: 35-6529645

The Harold M Neel and Katherine Klepinger Neel Scholarship Fund is a private foundation based in Lafayette, Indiana. The organization focuses on providing educational support through scholarships and student financial aid.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

-1.2% YoY

Annual Giving

$196K

+12.0% YoY

Grant Count

20

-4.8% YoY

Avg Grant Size

$10K

+17.6% YoY

Under IRS private-foundation payout rules, Harold M Neel & Katharine Klepinger reported a distributable amount of $222K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding priorities are:

  • Education
  • Scholarships & Student Financial Aid

Grantmaking

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Geographic Focus

Where this funder awards grants

  • Indiana (primary focus)
  • Georgia

Grant Distribution by State

2states

Cities

BloomingtonColumbusIndianapolisKokomoLafayetteMuncieTerre HauteWest Lafayette

Financial History

Multi-year comparison from IRS filings

Metric Amount
Total Assets $2,671,607
Total Annual Giving $195,687

The foundation's financial data is based on the most recent IRS Form 990 filing from 2024.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$69K$137K$206K$274K20202021202220232024
Metric202420232022
Total Assets$2,671,607$2,704,698$2,733,360
Revenue$216,210$209,060$188,617
Expenses$249,301$237,722$236,567
Qualifying Distributions$220,962$199,731$209,624
Net Investment Income$197,319$183,818$178,651
Distributable Amount$222,419$221,035$203,398

Giving Over Time

Total grant dollars and number of grants per year

$0$49K$98K$147K$196K16 grants202021 grants202124 grants202221 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PURDUE UNIVERSITYEMMA SO…$28KPURDUE UNIVERSITYALLEN J…$23KPURDUE UNIVERSITYELLIANN…$21KISU OFFICE OF THE CONTRO…$16KIU KOKOMOOLIVIA NEWCOM$14KPURDUE UNIVERSITYCORRIE …$13KPURDUE UNIVERSITYCAMRYN …$13KOMEGI FICAMRYN CLAPPER$12KPURDUE UNIVERSITYGRACE K…$10KPURDUE UNIVERSITYJAYDON …$8K

Grant Size Distribution

102 grants across all recorded years

102<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Purdue Universityemma Sorenson ($28,322), Purdue Universityallen Jay Wilson ($22,711), Purdue Universityellianna Culver ($21,263).

RecipientPurposeAmount
INDIANA UNIVERSITYEMMA SEGAL BLOOMINGTON, INCOLLEGE SCHOLARSHIP$4,000
ISU OFFICE OF THE CONTROLLERCAITLYN TULLIUS TERRE HAUTE, INCOLLEGE SCHOLARSHIP$15,616
IU KOKOMOOLIVIA NEWCOM KOKOMO, INCOLLEGE SCHOLARSHIP$13,945
OMEGI FICAMRYN CLAPPER COLUMBUS, GACOLLEGE SCHOLARSHIP$11,836
PURDUE UNIVERSITYALLEN JAY WILSON WEST LAFAYETTE, INCOLLEGE SCHOLARSHIP$22,711
PURDUE UNIVERSITYAUTUMN CULVER WEST LAFAYETTE, INCOLLEGE SCHOLARSHIP$6,131
PURDUE UNIVERSITYBRANDON SIMMONS WEST LAFAYETTE, INCOLLEGE SCHOLARSHIP$2,608
PURDUE UNIVERSITYCAMRYN CLAPPER WEST LAFAYETTE, INCOLLEGE SCHOLARSHIP$12,790
PURDUE UNIVERSITYCOLIN YOUNG WEST LAFAYETTE, INCOLLEGE SCHOLARSHIP$1,705
PURDUE UNIVERSITYCORRIE CULVER WEST LAFAYETTE, INCOLLEGE SCHOLARSHIP$13,216

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CHARLES MAX LAYDENTRUSTEE$30K

From 2024 filing

NameTitleHoursCompensation
CHARLES MAX LAYDENTRUSTEE8$30,000

Frequently Asked Questions

What does Harold M Neel & Katharine Klepinger fund?

The foundation's primary funding priorities are: • Education • Scholarships & Student Financial Aid

How do I apply for a grant from Harold M Neel & Katharine Klepinger?

**Grant Amounts:** Typical awards range from $128 to $28,322 **Total Annual Giving:** $195,687 **Geographic Service Areas:** The foundation primarily funds organizations and individuals in Indiana and Georgia.

Where does Harold M Neel & Katharine Klepinger make grants?

• Indiana (primary focus) • Georgia

What size grants does Harold M Neel & Katharine Klepinger award?

In 2024, Harold M Neel & Katharine Klepinger awarded 20 grants totaling $196K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Harold M Neel & Katharine Klepinger required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Harold M Neel & Katharine Klepinger reported a distributable amount of $222K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Harold M Neel & Katharine Klepinger's EIN?

Harold M Neel & Katharine Klepinger's EIN (Employer Identification Number) is 35-6529645. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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