Neustadt Charitable Foundation

Private foundation · Grantmaker Houston, TX EIN: 73-6100346

Neustadt Charitable Foundation is a private foundation based in Houston, Texas. Its 2025 filing reports grants to organizations working in education, medical research and support, religion, humanitarian meal relief, animal welfare, and other areas.

Key facts about Neustadt Charitable Foundation

In short: Neustadt Charitable Foundation gave $36K across 14 grants in 2025 (avg $3K), mostly in Texas. 43% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
73-6100346
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$36,000
Grants made (2025)
14
Average grant
$2,571
Median grant
$2,000
New grantees (estimate)
43% first-time grantees (6 of 14, 2025)
Total assets
$227,049
Primary geography
Texas (53% of itemized 2025 grant dollars)
How to apply
The filing says inquiries are received by phone or letter, and each inquiry is answered individually. Full details ↓
Deadline
None.

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$227K

-3.8% YoY

Annual Giving

$36K

-21.7% YoY

Grant Count

14

+40.0% YoY

Avg Grant Size

$3K

-44.1% YoY

Under IRS private-foundation payout rules, Neustadt Charitable Foundation reported a distributable amount of $36K for 2025 — the minimum it must pay out in qualifying distributions.

Is Neustadt Charitable Foundation open to new grantees?

43%

first-time grantees, 2025

In 2025, 6 of 14 grantees (43%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count

Medians: $2K first-time, $2K repeat.

  • 57% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+16%). Method
  • In 2025 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included support for educational institutions, hospitals and medical organizations, religious organizations, humanitarian relief, animal welfare, and services for hospitalized children.

Among its 2025 grantees, Oklahoma State University Foundation describes its mission as uniting donor passions with university priorities to elevate the impact of Oklahoma State University. World Central Kitchen says it provides meals in response to humanitarian, climate, and community crises. Harrison’s Heroes says it supports children experiencing extended hospital stays by providing aspects that remind them of home.

Grantmaking

In 2025, the foundation made 14 grants totaling $36,000. Grant amounts ranged from $1,000 to $10,000, with a median of $2,000.

Review Cycle

None.

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Geographic Focus

Where this funder awards grants

In 2025, the largest shares of grant dollars went to recipients in Texas (53%) and Oklahoma (31%). The remaining reported shares were Pennsylvania (6%), Washington, DC (6%), and New York (3%).

Grant Distribution by State

6states

Share of 2025 grant dollars across all 14 itemized grants.

Cities

HoustonArdmoreDallasMercersburgStillwaterAmericusNew YorkWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K9 grants2020 11 grants2021 8 grants2022 7 grants2023 10 grants2024 14 grants2025

From 2020 to 2025, annual grant giving ranged from $25K (2023) to $46K (2024). In 2025 it made 14 grants totaling $36K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Oklahoma State University Foundation: $10KOklahoma State UniversityFoundation$10KHouston Methodist Hospital Foundation: $5KHouston Methodist HospitalFoundation$5KMD Anderson Cancer Center: $3KMD Anderson Cancer Center$3KHarrison's Heroes: $2KHarrison's Heroes$2KHouston Congregation for Reform Judaism: $2KHouston Congregation forReform Judaism$2KMercersburg Academy: $2KMercersburg Academy$2KScottish Rite Hospital: $2KScottish Rite Hospital$2KSt Francis Episcopal School: $2KSt Francis Episcopal School$2KThe Emery Weiner School Foundation: $2KThe Emery Weiner SchoolFoundation$2KWorld Central Kitchen Inc: $2KWorld Central Kitchen Inc$2K

The largest 2025 recipient was Oklahoma State University Foundation ($10K). Together the top 10 received $32K.

Grant Size Distribution

50 grants across all recorded years

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

The most common grant size was under $50K: 50 grants of 50 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Oklahoma State University Foundation Stillwater, OKEducational Development$10,000
Houston Methodist Hospital Foundation Houston, TXMedical Research and Support$5,000
MD Anderson Cancer Center Houston, TXMedical Research and Support$2,500
Harrison's Heroes Houston, TXSupport and Welfare for Hospitalized Children$2,000
Houston Congregation for Reform Judaism Houston, TXReligion Reform$2,000
Mercersburg Academy Mercersburg, PAEducational Development$2,000
Scottish Rite Hospital Dallas, TXMedical Research and Support$2,000
St Francis Episcopal School Houston, TXEducational Development$2,000
The Emery Weiner School Foundation Houston, TXProvides financial support for the emery/weiner center for jewish education$2,000
World Central Kitchen Inc Washington, DCHumanitarian Meal Relief$2,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $227,049 $30,897 $39,760 $36,000 (14 grants)
2024 $235,912 $14,082 $47,838 $46,000 (10 grants)
2023 $269,668 $50,591 $30,580 $25,000 (7 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$227,049$235,912$269,668
Revenue$30,897$14,082$50,591
Expenses$39,760$47,838$30,580
Qualifying Distributions$36,000$46,000$25,000
Net Investment Income$27,137$12,244$45,986
Distributable Amount$36,195$34,346$28,192

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS June 3, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Laura N Stephenson as chairman and Bruce Neustadt as president.

Neustadt Charitable Foundation is led by Bruce Neustadt, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bruce Neustadt

    President

    On filings since 2020

    No compensation reported

  • Laura N. Stephenson

    Chairman

    On filings since 2023

    No compensation reported

Former officers (2)
  • Former: Joseph Neustadt (2020–2024) — Treasurer
  • Former: Jean Neustadt Jr. (2020–2022) — Chairman

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Laura N Stephenson
Mailing address: 5218 Wigton Drive, Houston, TX 77096
Phone: (713) 828-1578

Frequently asked questions about Neustadt Charitable Foundation

How much does Neustadt Charitable Foundation give each year?

Neustadt Charitable Foundation gave $36K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $46K across 10 grants.

What is Neustadt Charitable Foundation's typical grant size?

Neustadt Charitable Foundation's median grant in 2025 was $2,000, and its average grant was $2,571, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Neustadt Charitable Foundation that year got $2K on average.

Where does Neustadt Charitable Foundation give grants?

Neustadt Charitable Foundation gives mostly in Texas: 53% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Oklahoma (31%) and Pennsylvania (6%). The most frequent recipient cities were Houston, TX (7 grants).

Does Neustadt Charitable Foundation give general operating support?

Not in 2025: none of the 14 grants with a stated purpose on Neustadt Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Medical Research and Support" (3 grants) and "Educational Development" (3 grants).

Who are Neustadt Charitable Foundation's largest grantees?

Neustadt Charitable Foundation's largest 2025 grantees include Oklahoma State University Foundation ($10,000), Houston Methodist Hospital Foundation ($5,000) and MD Anderson Cancer Center ($2,500), according to its 2025 IRS Form 990-PF. Together they received 49% of its itemized 2025 grant dollars.

How large is Neustadt Charitable Foundation?

Neustadt Charitable Foundation reported $227K in total assets on its 2025 IRS Form 990-PF. It paid out $36K in qualifying distributions that year, against a required minimum of $36K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Neustadt Charitable Foundation fund?

No mission statement for the foundation is provided. Its 2025 grants included support for educational institutions, hospitals and medical organizations, religious organizations, humanitarian relief, animal welfare, and services for hospitalized children. See mission & focus areas ↑

How do I apply for a grant from Neustadt Charitable Foundation?

The filing says inquiries are received by phone or letter, and each inquiry is answered individually. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Neustadt Charitable Foundation's EIN?

Neustadt Charitable Foundation's EIN (Employer Identification Number) is 73-6100346. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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