Neal Family Foundation

SEAL BEACH, CA EIN: 26-1993594

Neal Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEAL BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 4 grants totaling $325K. Net investment income was $466K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.6M

+6.1% YoY

Annual Giving

$325K

-52.7% YoY

Grant Count

4

-42.9% YoY

Avg Grant Size

$81K

-17.2% YoY

Under IRS private-foundation payout rules, Neal Family Foundation reported a distributable amount of $356K for 2024 — the minimum it must pay out in qualifying distributions.

About Neal Family Foundation

Based on IRS filings

Neal Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEAL BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 4 grants totaling $325K. Net investment income was $466K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Aliso ViejoBooneCosta MesaEastonGoletaLa MiradaLong BeachLos AngelesNewport BeachOrlandoSan BernardinoSanta Ana

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$292K$584K$876K$1M20202021202220232024
Metric202420232022
Total Assets$7,581,779$7,148,093$7,350,501
Revenue$766,146$492,708$583,502
Expenses$332,460$695,116$1,061,521
Qualifying Distributions$325,000$687,000$1,050,000
Net Investment Income$466,146$492,708$583,502
Distributable Amount$356,163$321,394$350,918

Giving Over Time

Total grant dollars and number of grants per year

$0$263K$525K$788K$1M6 grants20206 grants20216 grants20227 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Cornerstone Church$220KGreater Reach Inc$50KOne Big Gift$50KPassion LA$5K

Grant Size Distribution

29 grants across all recorded years

9<$50K7$50–100K11$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cornerstone Church ($220,000), Greater Reach Inc ($50,000), One Big Gift ($50,000).

RecipientPurposeAmount
Greater Reach Inc Aliso Viejo, CASupport the Ministry of Great Reach Inc.$50,000
Passion LA Los Angeles, CASupport the Ministry of Passion LA to the underserved youth in the region.$5,000
One Big Gift Costa Mesa, CASupport the ministry of the Charity$50,000
Cornerstone Church Long Beach, CACharitable Contribution to support the Church$220,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Dennis K NealCEO Director4
Chris L NealSecretary Director1
Amy WiseDirector
Jeff LattureDirector

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Neal Family Foundation?

Neal Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEAL BEACH, CA. It holds $7.6M in total assets as of 2024.

How large is Neal Family Foundation?

As of 2024, Neal Family Foundation holds $7.6M in total assets with $766K in annual revenue. It awarded 4 grants totaling $325K in 2024.

Where does Neal Family Foundation operate?

Neal Family Foundation has awarded grants in California, Florida, Maryland, North Carolina.

What size grants does Neal Family Foundation award?

In 2024, Neal Family Foundation awarded 4 grants totaling $325K — an average of about $81K per grant, based on its IRS Form 990 filings.

How much is Neal Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Neal Family Foundation reported a distributable amount of $356K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Neal Family Foundation's EIN?

Neal Family Foundation's EIN (Employer Identification Number) is 26-1993594. IRS Form 990 filing data is available on this page for 2020–2024.

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

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