The Neels Family Foundation Inc

CARMEL, IN EIN: 20-3280615

The Neels Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 5 grants totaling $238K. Net investment income was $407K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

-0.2% YoY

Annual Giving

$238K

+29.1% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$48K

+29.1% YoY

Under IRS private-foundation payout rules, The Neels Family Foundation Inc reported a distributable amount of $279K for 2024 — the minimum it must pay out in qualifying distributions.

About The Neels Family Foundation Inc

Based on IRS filings

The Neels Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 5 grants totaling $238K. Net investment income was $407K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

CincinnatiHagerstonIndianapolisNew YorkStanfordWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$748K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$4,755,336$4,767,125$4,814,458
Revenue$266,723$205,437$2,719,394
Expenses$278,747$246,865$216,047
Qualifying Distributions$249,134$201,275$202,751
Net Investment Income$406,930$184,941$2,205,807
Distributable Amount$278,814$255,119$189,790

Giving Over Time

Total grant dollars and number of grants per year

$0$59K$119K$178K$238K4 grants20204 grants20216 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

FIDELITY CHARITABLE$136KSTANFORD UNIVERSITY$45KCHRISTEL HOUSE INTERNATI…$22KPLANNED PARENTHOOD$20KDOCTORS WITHOUT BORDERS$15K

Grant Size Distribution

24 grants across all recorded years

19<$50K$50–100K5$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 Fidelity Charitable ($135,634), Stanford University ($45,000), Christel House International ($22,000).

RecipientPurposeAmount
DOCTORS WITHOUT BORDERS HAGERSTON, MDSUPPORT MEDICAL RELIEF PROGRAMS$15,000
FIDELITY CHARITABLE CINCINNATI, OHSUPPORT OF THE CHRISTEL HOUSE$135,634
PLANNED PARENTHOOD WASHINGTON, DCGENERAL SUPPORT$20,000
STANFORD UNIVERSITY STANFORD, CASUPPORT$45,000
CHRISTEL HOUSE INTERNATIONAL INDIANAPOLIS, INSUPPORT FOR GRADUATES$22,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BARBARA A WOODDIRECTOR$6K

From 2024 filing

NameTitleHoursCompensation
GUIDO J NEELSPRES/TRES1
BRIGITTE E NEELSSEC/DIRECTOR1
BARBARA A WOODDIRECTOR1$6,000
SARAH M NEELSDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Neels Family Foundation Inc?

The Neels Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. It holds $4.8M in total assets as of 2024.

How large is The Neels Family Foundation Inc?

As of 2024, The Neels Family Foundation Inc holds $4.8M in total assets with $267K in annual revenue. It awarded 5 grants totaling $238K in 2024.

Where does The Neels Family Foundation Inc operate?

The Neels Family Foundation Inc has awarded grants in California, District of Columbia, Indiana, Maryland, New York, Ohio.

What size grants does The Neels Family Foundation Inc award?

In 2024, The Neels Family Foundation Inc awarded 5 grants totaling $238K — an average of about $48K per grant, based on its IRS Form 990 filings.

How much is The Neels Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Neels Family Foundation Inc reported a distributable amount of $279K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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