The Neels Family Foundation Inc
The Neels Family Foundation Inc is a private foundation, based in Carmel, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.7M in total assets. In 2025, it awarded 4 grants totaling $267K. Net investment income was $271K.
The Neels Family Foundation Inc at a glance
In short: The Neels Family Foundation Inc gave $267K across 4 grants in 2025 (avg $67K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $267,314
- +12.5% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $66,829
- +40.6% vs 2024
- Median grant
- $25,000
- Total assets
- $4,737,489
- -0.4% vs 2024
- Primary geography
- Ohio (76% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Neels Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Fidelity Charitable ($202K). Together the top 4 received $267K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 19 grants of 24 (79%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How The Neels Family Foundation Inc gives
- Giving grew 36% from 2022 to 2025. Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $154K (2020) to $267K (2025). In 2025 it made 4 grants totaling $267K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Cincinnati, OH | Support of the Christel House | $202,314 |
| Stanford University Stanford, CA | Support | $30,000 |
| Planned Parenthood Washington, DC | General Support | $20,000 |
| Doctors Without Borders Hagerston, MD | Support Medical Relief Programs | $15,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,737,489 | $292,924 | $309,328 | $267,314 | 4 | $278,814 | $271,150 | $299,342 |
| 2024 | $4,755,336 | $266,723 | $278,747 | $237,634 | 5 | $249,134 | $406,930 | $278,814 |
| 2023 | $4,767,125 | $205,437 | $246,865 | $184,000 | 5 | $201,275 | $184,941 | $255,119 |
| 2022 | $4,814,458 | $2,719,394 | $216,047 | $196,751 | 6 | $202,751 | $2,205,807 | $189,790 |
| 2021 | $2,797,373 | $721,852 | $221,122 | $190,000 | 4 | $205,800 | $204,106 | $223,166 |
| 2020 | $2,776,810 | $86,360 | $188,609 | $153,500 | 4 | — | $57,251 | $179,561 |
Under IRS private-foundation payout rules, The Neels Family Foundation Inc reported a distributable amount of $299K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Neels Family Foundation Inc is led by Guido J. Neels, President & Treasurer since 2023 (on filings since 2020); 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
Guido J. Neels
President & Treasurer
President, Treasurer & Director → President & Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Barbara A. Wood
Director
On filings since 2020
1 hr/week
$6K (2020) → $6K (2025)
Brigitte E. Neels
Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Sarah M. Neels
Director
On filings since 2020
1 hr/week
No compensation reported
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $6K, to Barbara a Wood (Director).
Frequently asked questions about The Neels Family Foundation Inc
How much does The Neels Family Foundation Inc give each year?
The Neels Family Foundation Inc gave $267K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $238K across 5 grants.
What is The Neels Family Foundation Inc's typical grant size?
The Neels Family Foundation Inc's median grant in 2025 was $25,000, and its average grant was $66,829, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Neels Family Foundation Inc give grants?
The Neels Family Foundation Inc gives mostly in Ohio: 76% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (11%) and District of Columbia (7%).
Does The Neels Family Foundation Inc give general operating support?
Yes: 25% of The Neels Family Foundation Inc's 2025 grants with a stated purpose (1 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Neels Family Foundation Inc?
The Neels Family Foundation Inc reported $4.7M in total assets on its 2025 IRS Form 990-PF. It paid out $279K in qualifying distributions that year, against a required minimum of $299K (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 is The Neels Family Foundation Inc's EIN?
The Neels Family Foundation Inc's EIN (Employer Identification Number) is 20-3280615. 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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
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