Neal Kay Foundation Charitable Tr
Neal Kay Foundation Charitable Tr is a private foundation, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 10 grants totaling $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$232K
+19.3% YoY
Annual Giving
$11K
+167.4% YoY
Grant Count
10
+150.0% YoY
Avg Grant Size
$1K
+7.0% YoY
Under IRS private-foundation payout rules, Neal Kay Foundation Charitable Tr reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About Neal Kay Foundation Charitable Tr
Based on IRS filings
Neal Kay Foundation Charitable Tr is a private foundation, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 10 grants totaling $11K.
Ready to take the next step with Neal Kay Foundation Charitable Tr?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $231,567 | $194,024 | $138,551 |
| Revenue | $1,635 | $6,610 | $1,127 |
| Expenses | $11,479 | $5,914 | $5,874 |
| Qualifying Distributions | $11,131 | $4,764 | $4,125 |
| Net Investment Income | — | $4,398 | — |
| Distributable Amount | $10,307 | $1,304 | $8,911 |
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
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include TABLE Ministries Inc ($3,000), GoFundMe org ($2,600), Food Bank of Central & Eastern North Carolina Inc ($2,030).
| Recipient | Purpose | Amount |
|---|---|---|
| WCPE Wake Forest, NC | Operating expenses | $100 |
| WQXR New York, NY | Operating expenses for 501c3 | $86 |
| Wikimedia Foundation Inc San Francisco, CA | Operating expense online data service 501c3 | $5 |
| Davidson CollegeWDAV 899 Classical Public Radio Davidson, NC | Operating Expense WDAV public radio station | $100 |
| Catholic Charities of the Diocese of Raleigh Inc Raleigh, NC | Operating expenses | $2,000 |
| Food Bank of Central & Eastern North Carolina Inc Raleigh, NC | Donation to feed hungry people 501c3 | $2,030 |
| GoFundMe org Redwood City, CA | Dr Kamran Khan - medical expenses | $2,600 |
| Khan Academy Mountain View, CA | Educational 501c3 | $110 |
| TABLE Ministries Inc Carrboro, NC | 501c3 - Operating expense Human services Food & nutrition: free food distribution for school-age children in Orange County- | $3,000 |
| Urban Ministries of Durham Durham, NC | 501c3 Food & Shelter for homeless | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Neal Kay | Trustee | 0.25 | — |
Frequently Asked Questions
How large is Neal Kay Foundation Charitable Tr?
As of 2024, Neal Kay Foundation Charitable Tr holds $232K in total assets with $2K in annual revenue. It awarded 10 grants totaling $11K in 2024.
Where does Neal Kay Foundation Charitable Tr operate?
Neal Kay Foundation Charitable Tr has awarded grants in California, Florida, North Carolina, New York, Tennessee.
What size grants does Neal Kay Foundation Charitable Tr award?
In 2024, Neal Kay Foundation Charitable Tr awarded 10 grants totaling $11K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Neal Kay Foundation Charitable Tr required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Neal Kay Foundation Charitable Tr reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Neal Kay Foundation Charitable Tr's EIN?
Neal Kay Foundation Charitable Tr's EIN (Employer Identification Number) is 75-2157368. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Neal Kay Foundation Charitable Tr's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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