Niel C & Karen M Ellerbrook Family
Niel C & Karen M Ellerbrook Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 8 grants totaling $132K. Net investment income was $80K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
-2.2% YoY
Annual Giving
$132K
-40.6% YoY
Grant Count
8
-46.7% YoY
Avg Grant Size
$16K
+11.3% YoY
Under IRS private-foundation payout rules, Niel C & Karen M Ellerbrook Family reported a distributable amount of $121K for 2024 — the minimum it must pay out in qualifying distributions.
About Niel C & Karen M Ellerbrook Family
Based on IRS filings
Niel C & Karen M Ellerbrook Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 8 grants totaling $132K. Net investment income was $80K.
Focus Areas
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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 | $2,365,198 | $2,418,431 | $2,764,129 |
| Revenue | $97,542 | $-107,243 | $59,783 |
| Expenses | $150,775 | $238,319 | $191,420 |
| Qualifying Distributions | $132,590 | $222,775 | $158,115 |
| Net Investment Income | $79,625 | $29,416 | $44,224 |
| Distributable Amount | $121,053 | $110,586 | $119,359 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
72 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ball State University Foundation ($50,000), University of Evansville ($25,000), Riley Children's Foundation ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BALL STATE UNIVERSITY FOUNDATION MUNCIE, IN | UNRESTRICTED | $50,000 |
| INDIANA CITIZEN EDUCATION FOUNDATION INDIANAPOLIS, IN | UNRESTRICTED | $5,000 |
| RILEY CHILDREN'S FOUNDATION INDIANAPOLIS, IN | UNRESTRICTED | $20,000 |
| UNITED WAY OF SOUTHWESTERN INDIANA INC EVANSVILLE, IN | UNRESTRICTED | $10,000 |
| UNIVERSITY OF EVANSVILLE EVANSVILLE, IN | UNRESTRICTED | $25,000 |
| FRANKLIN COLLEGE OF INDIANA FRANKLIN, IN | UNRESTRICTED | $20,000 |
| BUFFALO TRACE COUNCIL INC EVANSVILLE, IN | UNRESTRICTED | $1,000 |
| WFYI FOUNDATION INC INDIANAPOLIS, IN | UNRESTRICTED | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NIEL C ELLERBROOK | PRESIDENT/TREASURER | 2 | — |
| KAREN M ELLERBROOK | VICE PRES/SECRETARY | 2 | — |
| JENNIFER A WRIGHT | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Niel C & Karen M Ellerbrook Family?
Niel C & Karen M Ellerbrook Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $2.4M in total assets as of 2024.
How large is Niel C & Karen M Ellerbrook Family?
As of 2024, Niel C & Karen M Ellerbrook Family holds $2.4M in total assets with $98K in annual revenue. It awarded 8 grants totaling $132K in 2024.
Where does Niel C & Karen M Ellerbrook Family operate?
Niel C & Karen M Ellerbrook Family has awarded grants in District of Columbia, Georgia, Illinois, Indiana, Kentucky, New York, Washington.
What size grants does Niel C & Karen M Ellerbrook Family award?
In 2024, Niel C & Karen M Ellerbrook Family awarded 8 grants totaling $132K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Niel C & Karen M Ellerbrook Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Niel C & Karen M Ellerbrook Family reported a distributable amount of $121K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Niel C & Karen M Ellerbrook Family's EIN?
Niel C & Karen M Ellerbrook Family's EIN (Employer Identification Number) is 26-0431032. 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.