Niel C & Karen M Ellerbrook Family

INDIANAPOLIS, IN EIN: 26-0431032

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

CarmelCharlestonEvansvilleForstonFranklinIndianapolisLawrencevilleLexingtonMuncieNew YorkSeattleTerre HauteWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$279K$558K$837K$1M20202021202220232024
Metric202420232022
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

$0$55K$111K$166K$222K21 grants202018 grants202110 grants202215 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

BALL STATE UNIVERSITY FO…$50KUNIVERSITY OF EVANSVILLE$25KRILEY CHILDREN'S FOUNDAT…$20KFRANKLIN COLLEGE OF INDI…$20KUNITED WAY OF SOUTHWESTE…$10KINDIANA CITIZEN EDUCATIO…$5KBUFFALO TRACE COUNCIL INC$1KWFYI FOUNDATION INC$500

Grant Size Distribution

72 grants across all recorded years

66<$50K6$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 Ball State University Foundation ($50,000), University of Evansville ($25,000), Riley Children's Foundation ($20,000).

RecipientPurposeAmount
BALL STATE UNIVERSITY FOUNDATION MUNCIE, INUNRESTRICTED$50,000
INDIANA CITIZEN EDUCATION FOUNDATION INDIANAPOLIS, INUNRESTRICTED$5,000
RILEY CHILDREN'S FOUNDATION INDIANAPOLIS, INUNRESTRICTED$20,000
UNITED WAY OF SOUTHWESTERN INDIANA INC EVANSVILLE, INUNRESTRICTED$10,000
UNIVERSITY OF EVANSVILLE EVANSVILLE, INUNRESTRICTED$25,000
FRANKLIN COLLEGE OF INDIANA FRANKLIN, INUNRESTRICTED$20,000
BUFFALO TRACE COUNCIL INC EVANSVILLE, INUNRESTRICTED$1,000
WFYI FOUNDATION INC INDIANAPOLIS, INUNRESTRICTED$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NIEL C ELLERBROOKPRESIDENT/TREASURER2
KAREN M ELLERBROOKVICE PRES/SECRETARY2
JENNIFER A WRIGHTDIRECTOR1

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.

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