Neal Sisters Foundation

CARO, MI EIN: 38-2942765

Neal Sisters Foundation is a private foundation, based in CARO, MI. IRS filing data is available from 2020 through 2023. In 2023, it awarded 16 grants totaling $79K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$79K

+40.7% YoY

Grant Count

+23.1% YoY

Avg Grant Size

$5K

+14.3% YoY

Under IRS private-foundation payout rules, Neal Sisters Foundation reported a distributable amount of $53K for 2023 — the minimum it must pay out in qualifying distributions.

About Neal Sisters Foundation

Based on IRS filings

Neal Sisters Foundation is a private foundation, based in CARO, MI. IRS filing data is available from 2020 through 2023. In 2023, it awarded 16 grants totaling $79K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $246K (86%)

Wisconsin $23K (8%)

North Carolina $14K (5%)

Kentucky $2K (1%)

Tennessee $2K (1%)

States

Kentucky Michigan North Carolina Tennessee Wisconsin

Cities

BereaCaroCass CityDurandLebanonPlattevilleRaleighVassar

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$1,256,224	$1,238,985
Revenue	$321	$68,420	$80,436
Expenses	$97,956	$70,993	$92,648
Qualifying Distributions	$78,808	$56,000	$75,500
Net Investment Income	—	$54,697	$64,858
Distributable Amount	$53,232	$79,198	$74,273

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 2023

Grant Size Distribution

58 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Caro Area District Library ($15,000), Caro Community Schools ($8,000), Good Samaritan Foundation of Caro ($6,000).

Recipient	Purpose	Amount
ST CHRISTOPHER CARO, MI	OPERATIONAL	$4,000
TUSCOLA COUNTY IMAGINATION LIBRARY CARO, MI	OPERATIONAL	$5,500
BOY SCOUTS OF AMERICA VASSAR, MI	OPERATIONAL	$808
IN HIS NAME RALEIGH, NC	OPERATIONAL	$5,000
ST AGATHA FOOD PANTRY CASS CITY, MI	OPERATIONAL	$5,000
GOOD SAMARITAN FOUNDATION OF CARO CARO, MI	OPERATIONAL	$6,000
HDC - ADULT DAY CARE CARO, MI	OPERATIONAL	$2,500
CARO AREA DISTRICT LIBRARY CARO, MI	OPERATIONAL	$15,000
CARO COMMUNITY SCHOOLS CARO, MI	SCHOLARSHIPS	$6,000
CARO COMMUNITY SCHOOLS CARO, MI	EDUCATIONAL - MEDIA CENTERS	$8,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
STEVE FILLION	PRESIDENT	0.5	—
MICHELE HILE	SECRETARY	0.5	—
MARK BINDER	VICE PRESIDE	0.5	—
TOM STRIFFLER	TREASURER	0.5	—
ROSE PUTNAM	TRUSTEE	0.5	—

Frequently Asked Questions

Where does Neal Sisters Foundation operate?

Neal Sisters Foundation has awarded grants in Kentucky, Michigan, North Carolina, Tennessee, Wisconsin.

What size grants does Neal Sisters Foundation award?

In 2023, Neal Sisters Foundation awarded 16 grants totaling $79K — an average of about $5K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2023, Neal Sisters Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.