The Neel Foundation

CROTON ON HUDSON, NY EIN: 54-0761588

The Neel Foundation is a private foundation established in 1964 and based in Croton on Hudson, New York. The foundation operates with no employees and focuses on supporting known local charities through charitable contributions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+8.0% YoY

Annual Giving

$101K

+6.3% YoY

Grant Count

120

-15.5% YoY

Avg Grant Size

$842.583

+25.8% YoY

Under IRS private-foundation payout rules, The Neel Foundation reported a distributable amount of $142K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's primary purpose is supporting known local charities. Its grantmaking activities are supported through multiple income sources, including interest income, dividend income, and investment gains, which are invested to generate funds for charitable donations.

Grantmaking

The Neel Foundation makes contributions to various 501(c)(3) charitable organizations. Recent grant activity includes:

Grant Range

**: Grants typically range from $500 to $5,000, with a median grant size of $500

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple states, including North Carolina, Oregon, and Florida, though it maintains a focus on local charities in its home region.

Grant Distribution by State

33states
+25 more states

Cities

AbileneAlbanyAlbert LeaAlexandriaAnnandaleArdenArlingtonAshevilleAtlantaAtwaterBalitmoreBaltimorBaltimoreBasaltBedfordBen LomondBethlehemBostonBriarcliff ManorBronx

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $1,989,331
  • Total Revenue: $281,264
  • Total Expenses: $133,170
  • Total Distributions: $108,000

As of December 2023:

  • Total Assets: $1,840,000
  • Total Revenue: $151,807
  • Total Expenses: $123,221
  • Net Income: $28,586

The foundation generates revenue through interest income, dividend income, and investment gains, which are reinvested to support charitable giving.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$77K$155K$232K$309K20202021202220232024
Metric202420232022
Total Assets$1,989,331$1,841,672$1,805,924
Revenue$281,264$151,807$85,725
Expenses$133,170$123,221$126,696
Qualifying Distributions$107,954$101,114$102,274
Net Investment Income$43,294$43,156$60,903
Distributable Amount$141,722$113,150$121,539

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$56K$84K$112K112 grants2020112 grants20211 grants2022142 grants2023120 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DOCTORS WITHOUT BORDERS$4KBRIARCLIFF CONGREGATIONA…$3KASHEVILLE SYMPHONY ORCHE…$3KFALCON RIDGE EQUINE RESCUE$2KCOMPASSION INTERNATIONAL$2KAAUW (GEM FUND)(STEAM)$2KBEADS FOR EDUCATION$2KASSOCIATION TO BENEFIT C…$1KALL HANDS AND HEARTS SMA…$1KAMERICAN CANCER SOCIETY$1K

Grant Size Distribution

201 grants across all recorded years

200<$50K$50–100K1$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 Doctors Without Borders ($3,600), Briarcliff Congregational Church ($3,000), Asheville Symphony Orchestra ($2,500).

RecipientPurposeAmount
AAUW (GEM FUND)(STEAM) ARDEN, NCCHARITABLE DONATIONCHARITABLE DONATION$1,750
ABILITY TREE INC PORT ST LUCIE, FLCHARITABLE DONATION$500
ADOPT-A-NATIVE-ELDER SALT LAKE CITY, UTCHARITABLE DONATION$800
ALL HANDS AND HEARTS SMART RESPONSE MATTAPOISETT, MACHARITABLE DONATION$1,000
AMERICAN ASSOC OF WOODTURNING ST PAUL, MNCHARITABLE CONTRIBUTION$750
AMERICAN CANCER SOCIETY HAGERSTOWN, MDCHARITABLE CONTRIBUTION$1,000
AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC NEW YORK, NYCHARITABLE CONTRIBUTION$400
AMERICAN RED CROSS WASHINGTON, DCCHARITABLE CONTRIBUTION$250
ANCHOR RIDGE N WILKESBORO, NCCHARITABLE CONTRIBUTION$500
ASHEVILLE ARBORETUM ASHEVILLE, NCCHARITABLE CONTRIBUTION$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by family members serving in volunteer capacities:

  • James Neel – President (1 hour per week, no compensation)
  • Mary Neel Gilbert – Vice President (minimal hours, no compensation)
  • Wendy Neel Ellsworth – Secretary (minimal hours, no compensation)
  • Kathryn Leeds Neel – Treasurer (minimal hours, no compensation)
  • Sophia Neel Kountz – Director (minimal hours, no compensation)
  • Amy Bowen Neel – Director (minimal hours, no compensation)

Contact: 914-271-3428

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES NEELPRESIDENT1
MARY NEEL GILBERTVICE PRESIDENT0.01
WENDY NEEL ELLSWORTHSECRETARY0.01
KATHRYN LEEDS NEELTREASURER0.01
SOPHIA NEEL KOUNTZDIRECTOR0.01
AMY BOWEN NEELDIRECTOR0.01

Frequently Asked Questions

What does The Neel Foundation fund?

The foundation's primary purpose is supporting known local charities. Its grantmaking activities are supported through multiple income sources, including interest income, dividend income, and investment gains, which are invested to generate funds for charitable donations.

How do I apply for a grant from The Neel Foundation?

The Neel Foundation makes contributions to various 501(c)(3) charitable organizations. Recent grant activity includes: • **Grant Range**: Grants typically range from $500 to $5,000, with a median grant size of $500 • **Recent Grants (2024)**: The foundation made approximately 120 grants totaling $108,000 in distributions, including: • Asheville Symphony Orchestra: $2,500 • Oregon Food Bank: $2,125 • Tomoka Christian Church: $2,000 • Additional 67+ grants totaling $47,465

Where does The Neel Foundation make grants?

The foundation supports organizations across multiple states, including North Carolina, Oregon, and Florida, though it maintains a focus on local charities in its home region.

What size grants does The Neel Foundation award?

In 2024, The Neel Foundation awarded 120 grants totaling $101K — an average of about $842.583 per grant, based on its IRS Form 990 filings.

How much is The Neel Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Neel Foundation reported a distributable amount of $142K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Neel Foundation's EIN?

The Neel Foundation's EIN (Employer Identification Number) is 54-0761588. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Neel Foundation's focus areas in our free grants database

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

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