McNeel Family Foundation is a private foundation focused on Human Services, based in Montrose, AL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 20 grants totaling $151K. Net investment income was $1.6M.
Key facts about McNeel Family Foundation
- EIN
- 87-4112160
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $151,000
- Grants made (2024)
- 20
- Average grant
- $7,550
- Median grant
- $2,000
- New grantees (estimate)
- 30% first-time grantees (6 of 20, 2024)
- Total assets
- $3,312,600
- Primary geography
- Alabama (88% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who McNeel Family Foundation funds
By grant dollars, the top recipient states for McNeel Family Foundation's 20 itemized 2024 grants were Alabama (88%). The most frequent recipient cities were Fairhope, AL (4 grants), Mobile, AL (2 grants) and Jackson, MS (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is McNeel Family Foundation open to new grantees?
30%
first-time grantees, 2024
In 2024, 6 of 20 grantees (30%) were first-time recipients. First grants averaged $2K; repeat grants $10K. How we count
Medians: $2K first-time, $2K repeat.
- 70% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 134% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with McNeel Family Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+80.2% YoY
Annual Giving
$151K
+8.9% YoY
Grant Count
20
+11.1% YoY
Avg Grant Size
$8K
-2.0% YoY
Under IRS private-foundation payout rules, McNeel Family Foundation reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
About McNeel Family Foundation
Based on IRS filings
McNeel Family Foundation is a private foundation focused on Human Services, based in Montrose, AL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 20 grants totaling $151K. Net investment income was $1.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 20 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,312,600 | $1,837,967 | $1,595,275 |
| Revenue | $3,155,172 | $661,764 | $116,482 |
| Expenses | $172,992 | $149,564 | $20,478 |
| Qualifying Distributions | $151,000 | $138,700 | $13,050 |
| Net Investment Income | $1,623,820 | $320,080 | $25,607 |
| Distributable Amount | $112,450 | $82,705 | $75,516 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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 10 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Brewton Area YMCA ($100,000), Ozanam Charitable Pharmacy ($15,000), Baylor School ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BREWTON AREA YMCA Brewton, AL | OPERATING EXPENSES | $100,000 |
| OZANAM CHARITABLE PHARMACY Mobile, AL | OPERATING EXPENSES | $15,000 |
| BAYLOR SCHOOL Chattanooga, TN | OPERATING EXPENSES | $5,000 |
| BOYS AND GIRLS CLUB Foley, AL | OPERATING EXPENSES | $2,500 |
| JUVENILE DIABETES FOUNDATION Jackson, MS | OPERATING EXPENSES | $2,500 |
| THE LITTLE LIGHT HOUSE OF MISSISSIPPI Jackson, MS | OPERATING EXPENSES | $2,500 |
| THOMAS HOSPITAL FOUNDATION Fairhope, AL | OPERATING EXPENSES | $2,500 |
| NEIGHBORHOOD BRIDGES BALDWIN COUNTY Daphne, AL | OPERATING EXPENSES | $2,500 |
| AUBURN UNIVERSITY Auburn, AL | OPERATING EXPENSES | $2,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES Kansas City, MO | OPERATING EXPENSES | $2,000 |
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 |
|---|---|---|---|
| Kate McNeel | President | 5 | — |
| Joseph W McNeel III | Treasurer | 5 | — |
| Alexandra McNeel | Director | 1 | — |
| Morgan McNeel | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is McNeel Family Foundation?
McNeel Family Foundation is a private foundation focused on Human Services, based in Montrose, AL. It holds $3.3M in total assets as of 2024.
How large is McNeel Family Foundation?
As of 2024, McNeel Family Foundation holds $3.3M in total assets with $3.2M in annual revenue. It awarded 20 grants totaling $151K in 2024.
Where does McNeel Family Foundation operate?
McNeel Family Foundation has awarded grants in Alabama, California, Florida, Missouri, Mississippi, Tennessee, Texas.
What size grants does McNeel Family Foundation award?
In 2024, McNeel Family Foundation awarded 20 grants totaling $151K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is McNeel Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, McNeel Family Foundation reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is McNeel Family Foundation's EIN?
McNeel Family Foundation's EIN (Employer Identification Number) is 87-4112160. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.