J & J Neely Foundation

Private foundation · Grantmaker Winston-Salem, NC EIN: 56-6505854

J & J Neely Foundation is a private foundation, based in Winston-Salem, NC. IRS filing data is available for 2020. In 2020, it awarded 4 grants totaling $1.0M. Net investment income was $201K.

Key facts about J & J Neely Foundation

In short: J & J Neely Foundation gave $1.0M across 4 grants in 2020 (avg $257K), mostly in Rhode Island. Source: 2020 IRS Form 990-PF.

EIN
56-6505854
Latest 990 filing
Form 990-PF, 2020
Annual giving (2020)
$1,026,186
Grants made (2020)
4
Average grant
$256,547
Median grant
$13,488
Primary geography
Rhode Island (97% of itemized 2020 grant dollars)

Data from IRS Form 990-PF, 2020; updated September 2026.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$1.0M

Grant Count

4

Avg Grant Size

$257K

Under IRS private-foundation payout rules, J & J Neely Foundation reported a distributable amount of $23K for 2020 — the minimum it must pay out in qualifying distributions.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2020 grant dollars across all 4 itemized grants.

Cities

WarwickRoanokeRome

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M4 grants2020

In 2020 it made 4 grants totaling $1.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2020

Vanguard Charitable: $999K across 2 grantsVanguard Charitable$999K · 2 grantsHollins University: $23KHollins University$23KDarlington School: $4KDarlington School$4K

The largest 2020 recipient was Vanguard Charitable ($999K across 2 grants). Together the top 3 received $1.0M.

Grant Size Distribution

4 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 4 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Vanguard Charitable Warwick, RIGeneral Support$996,201
Hollins University Roanoke, VAGeneral Support$22,975
Darlington School Rome, GAGeneral Support$4,000
Vanguard Charitable Warwick, RIGeneral Support$3,010

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M2020
Metric2020
Revenue$206,558
Expenses$1,032,500
Net Investment Income$200,987
Distributable Amount$23,454

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal year 2020

Leadership & Key People

Officers and directors from IRS filings

J & J Neely Foundation is led by Joseph Neely, President on the 2020 filing — the only officer listed, and uncompensated.

Officers on the 2020 filing

  • Joseph Neely

    President

    New on the 2020 filing

    No compensation reported

Data from IRS Form 990 filings, 2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about J & J Neely Foundation

How much does J & J Neely Foundation give each year?

J & J Neely Foundation gave $1.0M across 4 grants in 2020, according to its 2020 IRS Form 990-PF.

What is J & J Neely Foundation's typical grant size?

J & J Neely Foundation's median grant in 2020 was $13,488, and its average grant was $256,547, across 4 grants on its 2020 IRS Form 990-PF.

Where does J & J Neely Foundation give grants?

J & J Neely Foundation gives mostly in Rhode Island: 97% of the grant dollars itemized on its 2020 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Warwick, RI (2 grants).

Does J & J Neely Foundation give general operating support?

Yes: 100% of J & J Neely Foundation's 2020 grants with a stated purpose (4 of 4) were for general or operating support, per its 2020 IRS Form 990-PF.

How much is J & J Neely Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, J & J Neely Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is J & J Neely Foundation's EIN?

J & J Neely Foundation's EIN (Employer Identification Number) is 56-6505854. IRS Form 990 filing data is available on this page for 2020.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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