Honoring Neighbors Foundation

Foundation · Grantmaker Wilmington, DE EIN: 87-0913553

Honoring Neighbors Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $837K in total assets. In 2024, it awarded 6 grants totaling $36K. Net investment income was $29K.

Key facts about Honoring Neighbors Foundation

EIN: 87-0913553
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $35,733
Grants made (2024): 6
Average grant: $5,956
Median grant: $5,000
Total assets: $837,187
Primary geography: Maryland (44% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Honoring Neighbors Foundation funds

By grant dollars, the top recipient states for Honoring Neighbors Foundation's 6 itemized 2024 grants were Maryland (44%), Iowa (28%) and Ohio (14%). 67% of grants with a stated purpose were for general or operating support.

How Honoring Neighbors Foundation gives

In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Honoring Neighbors Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$837K

-2.1% YoY

Annual Giving

$36K

+19.2% YoY

Grant Count

-14.3% YoY

Avg Grant Size

$6K

+39.0% YoY

Under IRS private-foundation payout rules, Honoring Neighbors Foundation reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

About Honoring Neighbors Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $16K (44%)

Iowa $10K (28%)

Ohio $5K (14%)

Georgia $5K (14%)

Share of all 6 itemized 2024 grant dollars.

States

California Florida Georgia Iowa Massachusetts Maryland Ohio South Carolina Virginia

Cities

WorthingtonAmesBethesdaReddingAlpharettaBostonDerwoodFt MyersGreenvilleKensingtonRichmondRockvilleStevensvilleWilliamsburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$837,187	$855,002	$899,185
Revenue	$33,375	$20,015	$13,628
Expenses	$51,190	$64,198	$63,755
Qualifying Distributions	$46,024	$59,980	$54,982
Net Investment Income	$28,509	$20,203	$22,204
Distributable Amount	$41,470	$40,304	$42,407

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Youth and Shelter Services Inc ($10,000), S Gaiser ($8,333), Montana De Luz ($5,000).

Recipient	Purpose	Amount
YOUTH AND SHELTER SERVICES INC Ames, IA	General & Unrestricted	$10,000
S Gaiser Kensington, MD	HONORING NEIGHBORS FOUNDATION CREATIVE ARTISTS AWARD	$8,333
MONTANA DE LUZ Worthington, OH	General & Unrestricted	$5,000
ROCK AND ROLL FOR CHILDREN FOUNDATION INC Derwood, MD	General & Unrestricted	$5,000
SEND RELIEF INC Alpharetta, GA	General & Unrestricted	$5,000
SUNSHINE PROJECTS FOUNDATION INC Bethesda, MD	Charitable Event	$2,400

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Blake W Averill	Dir, Pres, Treas	1	—
Dani Averill	Dir, VP	1	—
Madison Averill	Dir, Sec, VP	1	—
Nancy Averill	Dir, VP	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Honoring Neighbors Foundation?

Honoring Neighbors Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $837K in total assets as of 2024.

How large is Honoring Neighbors Foundation?

As of 2024, Honoring Neighbors Foundation holds $837K in total assets with $33K in annual revenue. It awarded 6 grants totaling $36K in 2024.

Where does Honoring Neighbors Foundation operate?

Honoring Neighbors Foundation has awarded grants in California, Florida, Georgia, Iowa, Massachusetts, Maryland, Ohio, South Carolina, Virginia.

What size grants does Honoring Neighbors Foundation award?

In 2024, Honoring Neighbors Foundation awarded 6 grants totaling $36K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Honoring Neighbors Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Honoring Neighbors Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.