Krouse Neal W Charitable Foundation
Krouse Neal W Charitable Foundation is a private foundation, based in Philadelphia, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $300K in total assets. In 2024, it awarded 1 grant totaling $50K. Net investment income was $33K.
Krouse Neal W Charitable Foundation at a glance
In short: Krouse Neal W Charitable Foundation gave $50K across 1 grant in 2024 (avg $50K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $50,000
- +66.7% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $50,000
- +66.7% vs 2023
- Median grant
- $50,000
- Total assets
- $299,913
- -5.9% vs 2023
- Primary geography
- Pennsylvania (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Krouse Neal W Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Pennsylvania Ballet Association DBA Philadelphia Ballet ($50K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Krouse Neal W Charitable Foundation gives
- Giving grew 100% from 2021 to 2024. Method
- In 2024 it paid out 234% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $25K (2019) to $50K (2024). In 2024 it made 1 grant totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pennsylvania Ballet Association DBA Philadelphia Ballet Philadelphia, PA | Donation | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $299,913 | $33,359 | $52,061 | $50,000 | 1 | $50,000 | $33,359 | $21,366 |
| 2023 | $318,615 | $17,229 | $32,001 | $30,000 | 1 | $30,000 | $17,229 | $20,851 |
| 2022 | $333,387 | $17,195 | $1,973 | — | — | — | $17,195 | $19,739 |
| 2021 | $318,165 | $39,857 | $26,946 | $25,000 | 1 | $26,946 | $39,857 | $20,402 |
| 2020 | $305,254 | $8,370 | $1,910 | — | — | — | $8,370 | $17,214 |
| 2019 | $298,203 | $7,509 | $30,268 | $25,000 | 1 | — | $8,662 | $17,964 |
Under IRS private-foundation payout rules, Krouse Neal W Charitable Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Krouse Neal W Charitable Foundation is led by Neal W. Krouse, President on every filing since 2019; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Neal W. Krouse
President
On filings since 2019
10 hrs/week
No compensation reported
Anna Krouse
Vice President
On filings since 2019
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Krouse Neal W Charitable Foundation
How much does Krouse Neal W Charitable Foundation give each year?
Krouse Neal W Charitable Foundation gave $50K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $30K across 1 grant.
How large is Krouse Neal W Charitable Foundation?
Krouse Neal W Charitable Foundation reported $300K in total assets on its 2024 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).
Where does Krouse Neal W Charitable Foundation operate?
Krouse Neal W Charitable Foundation has awarded grants in Pennsylvania.
What is Krouse Neal W Charitable Foundation's EIN?
Krouse Neal W Charitable Foundation's EIN (Employer Identification Number) is 47-2094827. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 20, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Krouse Neal W Charitable Foundation funds
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