Neumann Family Foundation Inc

MILWAUKEE, WI EIN: 46-3674936

Neumann Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 24 grants totaling $335K. Net investment income was $397K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.7M

+0.4% YoY

Annual Giving

$335K

+9.8% YoY

Grant Count

24

+4.3% YoY

Avg Grant Size

$14K

+5.3% YoY

Under IRS private-foundation payout rules, Neumann Family Foundation Inc reported a distributable amount of $283K for 2024 — the minimum it must pay out in qualifying distributions.

About Neumann Family Foundation Inc

Based on IRS filings

Neumann Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 24 grants totaling $335K. Net investment income was $397K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BrookfieldCommerce CityDelafieldDoralHales CornersJacksonLittletonMequonMilwaukeeNew UlmOconomowocOwassoPewaukeePurcellvilleRichfieldRichland CenterSheboyganSpringfieldUnion GroveWatertown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M20202021202220232024
Metric202420232022
Total Assets$5,719,357$5,699,405$5,560,821
Revenue$406,711$480,724$5,581,227
Expenses$391,465$352,523$344,726
Qualifying Distributions$381,371$311,674$335,437
Net Investment Income$396,617$469,875$1,398,269
Distributable Amount$282,772$223,485$210,064

Giving Over Time

Total grant dollars and number of grants per year

$0$84K$168K$251K$335K0 grants20201 grants202123 grants202223 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN MAJORITY INC$50KWISCONSIN LUTHERAN COLLE…$50KWISCONSIN RIGHT TO LIFE …$50KCHAPLAINS IN SCHOOLS INC$15KFOLDS OF HONOR WISCONSIN…$15KMILWAUKEE COUNTY WAR MEM…$15KANCHOR OF HOPE HEALTH CE…$10KLUTHERAN HIGH SCHOOL ASS…$10KGRACE IN ACTION$10KLAKE AREA FREE CLINIC INC$10K

Grant Size Distribution

71 grants across all recorded years

64<$50K7$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Majority Inc ($50,000), Wisconsin Lutheran College Inc ($50,000), Wisconsin Right to Life Education Fund (veritas Society) ($50,000).

RecipientPurposeAmount
AMERICAN MAJORITY INC PURCELLVILLE, VAGENERAL OPERATING SUPPORT$50,000
ANCHOR OF HOPE HEALTH CENTER SHEBOYGAN, WIGENERAL OPERATING SUPPORT$10,000
LUTHERAN HIGH SCHOOL ASSOCIATION OF GREATER MILWAUKEE MILWAUKEE, WIGENERAL OPERATING SUPPORT$10,000
CARE NET PREGNANCY CENTER OF MILWAUKEE INC MILWAUKEE, WIGENERAL OPERATING SUPPORT$5,000
CHAPLAINS IN SCHOOLS INC MILWAUKEE, WIGENERAL OPERATING SUPPORT$15,000
COMMUNITY PROJECTS FOR SENIORS (COMMUNITY PROJECTS COMMITTEE INC) MILWAUKEE, WIGENERAL OPERATING SUPPORT$5,000
FAMILY PROMISE OF WAUKESHA COUNTY INC WAUKESHA, WIGENERAL OPERATING SUPPORT$5,000
FOLDS OF HONOR WISCONSIN CHAPTER INC (FOLDS OF HONOR FOUNDATION) PEWAUKEE, WIGENERAL OPERATING SUPPORT$15,000
GRACE IN ACTION NEW ULM, MNGENERAL OPERATING SUPPORT$10,000
KETTLE MORAINE LUTHERAN HIGH SCHOOL FEDERATION INC JACKSON, WIGENERAL OPERATING SUPPORT$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARK W NEUMANNPRESIDENT/TREASURER/DIRECTOR0.1
SUE A NEUMANNVICE PRESIDENT/DIRECTOR0.1
JOHN MATTEKDIRECTOR0.1
JEFFREY S BILLINGSTREASURER/SECRETARY/DIRECTOR0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Neumann Family Foundation Inc?

Neumann Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $5.7M in total assets as of 2024.

How large is Neumann Family Foundation Inc?

As of 2024, Neumann Family Foundation Inc holds $5.7M in total assets with $407K in annual revenue. It awarded 24 grants totaling $335K in 2024.

Where does Neumann Family Foundation Inc operate?

Neumann Family Foundation Inc has awarded grants in Colorado, Florida, Illinois, Kansas, Minnesota, Oklahoma, Virginia, Wisconsin.

What size grants does Neumann Family Foundation Inc award?

In 2024, Neumann Family Foundation Inc awarded 24 grants totaling $335K — an average of about $14K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Neumann Family Foundation Inc reported a distributable amount of $283K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Neumann Family Foundation Inc's EIN?

Neumann Family Foundation Inc's EIN (Employer Identification Number) is 46-3674936. 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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