The Neubauer Family Foundation

Private foundation · Grantmaker Philadelphia, PA EIN: 25-6627704

The Neubauer Family Foundation is a private foundation based in Philadelphia, Pennsylvania. Its 2024 grants included support for universities, education organizations, arts and cultural institutions, and other nonprofits.

Key facts about The Neubauer Family Foundation

In short: The Neubauer Family Foundation gave $17.9M across 199 grants in 2024 (avg $90K), top state Pennsylvania. 35% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
25-6627704
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$17,921,584
Grants made (2024)
199
Average grant
$90,058
Median grant
$5,000
New grantees (estimate)
35% first-time grantees (70 of 198, 2024)
Total assets
$361,021,992
Primary geography
Pennsylvania (37% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds. Full details ↓
Deadline
None.

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$361.0M

-2.5% YoY

Annual Giving

$17.9M

-8.0% YoY

Grant Count

199

-24.3% YoY

Avg Grant Size

$90K

+21.6% YoY

Under IRS private-foundation payout rules, The Neubauer Family Foundation reported a distributable amount of $20.1M for 2024 — the minimum it must pay out in qualifying distributions.

Is The Neubauer Family Foundation open to new grantees?

35%

first-time grantees, 2024

In 2024, 70 of 198 grantees (35%) were first-time recipients. First grants averaged $22K; repeat grants $128K. How we count

Medians: $4K first-time, $8K repeat.

  • 60% of 2024 grantees were also funded in 2023. Method
  • Giving fell 21% from 2021 to 2024. Method
  • In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No foundation mission statement is provided. The grantees’ own descriptions illustrate the range of organizations supported: the University of Chicago says its mission is to communicate and create knowledge and foster a community of scholars and students. Philadelphia Academy of School Leaders says it works to develop and retain school leaders to improve student outcomes and prepare Philadelphia students for college, career, and life. The Barnes Foundation says it promotes education and appreciation of fine arts and horticulture. Project HOME describes its mission as helping people break cycles of homelessness and poverty.

Grantmaking

In 2024, the foundation made 199 grants totaling $17,921,584. Grant amounts ranged from $100 to $5,610,714, with a median of $5,000. The largest listed grants included $5,610,714 to the University of Chicago, $2,262,625 to Philadelphia Academy of School Leaders, $1,230,000 to Columbia University, and $1,050,000 to the Metropolitan Opera; each was designated for program support.

Review Cycle

None.

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Geographic Focus

Where this funder awards grants

In 2024, grant dollars went primarily to recipients in Pennsylvania (37%), Illinois (31%), and New York (22%); Massachusetts and New Jersey each accounted for 3%.

Grant Distribution by State

31states

Share of 2024 grant dollars across all 199 itemized grants.

Cities

PhiladelphiaNew YorkWashingtonGladwyneBostonBala CynwydBrooklynBryn MawrSan FranciscoPrincetonAlexandriaCambridgeChicagoLos AngelesBlue BellDoylestownJenkintownMalvernRadnorElkins Park

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M216 grants2021 254 grants2022 263 grants2023 199 grants2024

From 2021 to 2024, annual grant giving ranged from $17.9M (2024) to $24.4M (2022). In 2024 it made 199 grants totaling $17.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Chicago: $5.6MUniversity of Chicago$5.6MPhiladelphia Academy of School Leaders: $2.3MPhiladelphia Academy of SchoolLeaders$2.3MColumbia University: $1.2MColumbia University$1.2MMetropolitan Opera: $1.1MMetropolitan Opera$1.1MAmerican Society for Techion - Israel Institute of Technology Inc: $561KAmerican Society for Techion -Israel Institute of…$561KTufts University: $555KTufts University$555KWhyy: $511KWhyy$511KYouth Empowerment for Advancement Hangout: $428KYouth Empowerment forAdvancement Hangout$428KNational Philanthropic Trust: $375KNational Philanthropic Trust$375KPrinceton University: $347KPrinceton University$347K

The largest 2024 recipient was University of Chicago ($5.6M). Together the top 10 received $12.9M.

Grant Size Distribution

932 grants across all recorded years

774<$50K45$50–100K58$100–250K23$250–500K15$500K–1M13$1–5M4$5M+

The most common grant size was under $50K: 774 grants of 932 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Chicago Chicago, ILProgram Support$5,610,714
Philadelphia Academy of School Leaders Philadelphia, PAProgram Support$2,262,625
Columbia University New York, NYProgram Support$1,230,000
Metropolitan Opera New York, NYProgram Support$1,050,000
American Society for Techion - Israel Institute of Technology Inc New York, NYProgram Support$561,000
Tufts University Boston, MAProgram Support$555,000
Whyy Philadelphia, PAProgram Support$510,820
Youth Empowerment for Advancement Hangout Philadelphia, PAProgram Support$427,500
National Philanthropic Trust Jenkintown, PAProgram Support$375,000
Princeton University Princeton, NJProgram Support$346,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $361,021,992 $9,789,643 $20,276,883 $17,921,584 199
2023 $370,416,817 $21,431,320 $21,541,432 $19,482,813 263
2022 $370,510,214 $48,903,279 $26,389,027 $24,396,920 254
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M2021 2022 2023 2024
Metric202420232022
Total Assets$361,021,992$370,416,817$370,510,214
Revenue$9,789,643$21,431,320$48,903,279
Expenses$20,276,883$21,541,432$26,389,027
Qualifying Distributions$20,140,957$21,028,742$25,401,422
Net Investment Income$11,388,596$24,674,549$50,498,993
Distributable Amount$20,101,356$20,427,151$21,548,366

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Joseph Neubauer, Lawrence Neubauer, and Melissa Neubauer Anderson as trustees, and Rebecca Cornejo as executive director.

The Neubauer Family Foundation is led by Rebecca Cornejo, Executive Director on every filing since 2021; 1 of 4 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Rebecca Cornejo

    Executive Director

    On filings since 2021

    40 hrs/week

    $280K (2021) → $359K (2024)

  • Joseph Neubauer

    Trustee

    On filings since 2021

    6 hrs/week

    No compensation reported

  • Lawrence Neubauer

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Melissa Neubauer Anderson

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Rebecca Cornejo — Executive Director: $359KRebecca CornejoExecutive Director$359K

The highest reported compensation on the 2024 filing was $359K, to Rebecca Cornejo (Executive Director).

Contact

Application contact: Grants Department - Neubauer Family
Mailing address: 1717 Arch Street Suite 4050, Philadelphia, PA 19103-2793
Phone: (215) 606-1792

Frequently asked questions about The Neubauer Family Foundation

How much does The Neubauer Family Foundation give each year?

The Neubauer Family Foundation gave $17.9M across 199 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19.5M across 263 grants.

What is The Neubauer Family Foundation's typical grant size?

The Neubauer Family Foundation's median grant in 2024 was $5,000, and its average grant was $90,058, across 199 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Neubauer Family Foundation that year got $22K on average.

Where does The Neubauer Family Foundation give grants?

The Neubauer Family Foundation's top state is Pennsylvania, with 37% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Illinois (31%) and New York (22%). The most frequent recipient cities were Philadelphia, PA (77 grants), New York, NY (35 grants), Washington, DC (6 grants) and Gladwyne, PA (5 grants).

Does The Neubauer Family Foundation give general operating support?

Not in 2024: none of the 199 grants with a stated purpose on The Neubauer Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (197 grants).

Who are The Neubauer Family Foundation's largest grantees?

The Neubauer Family Foundation's largest 2024 grantees include University of Chicago ($5,610,714), Philadelphia Academy of School Leaders ($2,262,625) and Columbia University ($1,230,000), according to its 2024 IRS Form 990-PF. Together they received 51% of its itemized 2024 grant dollars.

How large is The Neubauer Family Foundation?

The Neubauer Family Foundation reported $361.0M in total assets on its 2024 IRS Form 990-PF. It paid out $20.1M in qualifying distributions that year, against a required minimum of $20.1M (roughly 5% of its investment assets).

What does The Neubauer Family Foundation fund?

No foundation mission statement is provided. The grantees’ own descriptions illustrate the range of organizations supported: the University of Chicago says its mission is to communicate and create knowledge and foster a community of scholars and students. See mission & focus areas ↑

How do I apply for a grant from The Neubauer Family Foundation?

The foundation does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Neubauer Family Foundation's EIN?

The Neubauer Family Foundation's EIN (Employer Identification Number) is 25-6627704. IRS Form 990 filing data is available on this page for 2021–2024.

Does The Neubauer Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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