The Neubauer Family Foundation

PHILADELPHIA, PA EIN: 25-6627704

The Neubauer Family Foundation is a private, independent foundation established in 1998 and based in Philadelphia, Pennsylvania. Designated as a 501(c)(3) organization, it operates as a family foundation with a hands-on approach to grantmaking. The foundation has been tax-exempt since May 1999.

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

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

Mission & Focus Areas

The foundation's giving primarily focuses on:

  • Higher Education
  • The Arts and Cultural Organizations
  • Jewish Organizations and Causes
  • Education (particularly in the Philadelphia area and nationally)
  • Community Safety
  • Advancing opportunities for Arab-Israelis in Israel's scientific sector

The foundation describes itself as investing in "people and data-driven, evidence-based initiatives intended to achieve transformational impact."

Grantmaking

The foundation maintains a low profile and does not operate a public website. It employs a proactive approach to grantmaking, working hand-in-hand with partners rather than accepting unsolicited proposals. Networking is identified as key to engagement with this funder.

Grant Range

$5,000 to $5.6 million

Average Grant

amount: approximately $74,000

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Geographic Focus

Where this funder awards grants

The foundation has a largely place-based focus with particular emphasis on Philadelphia, though education grants reach across the United States.

Top funding locations:

  • Philadelphia, PA (107 grants)
  • New York, NY (38 grants)
  • Washington, DC (5 grants)
  • Boston, MA (5 grants)
  • Gladwyne, PA (5 grants)
  • Bala Cynwyd, PA (3 grants)
  • Newport Beach, CA (2 grants)
  • San Francisco, CA (2 grants)
  • Princeton, NJ (2 grants)
  • Brooklyn, NY (2 grants)

Grant Distribution by State

31states
+23 more states

Cities

Albert LeaAlexandriaAllentownArdmoreArlingtonAshburnAtlantaAustinBala CynwydBaltimoreBaton RougeBeecherBendBensalemBerkeleyBethlehemBlackwoodBlue BellBoca RatonBoston

Financial History

Multi-year comparison from IRS filings

Assets:

  • $361,021,992 (2024)
  • $394,528,867 to $421,450,777 (varying reports from 2023-2024)

Annual Activity:

  • Total revenues: $9,789,643 (2024)
  • Total expenses: $20,276,883 (2024)
  • Total liabilities: $11,900 (2024)

Grant Distribution:

  • 2024: $20.3 million in expenses
  • 2023: $19,482,813 in grants awarded
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14M$28M$42M$56M2021202220232024
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

Giving Over Time

Total grant dollars and number of grants per year

$0$6M$12M$18M$24M216 grants2021254 grants2022263 grants2023199 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COLUMBIA UNIVERSITY$1.2MMETROPOLITAN OPERA$1.1MAMERICAN SOCIETY FOR TEC…$561KAMERICAN FRIENDS OF TEL …$300KIMPACT SERVICES$100KINSTITUTE OF ADVANCED ST…$100KBLACK MALE COMMUNITY COU…$80KGLOBAL IMPACT$75KJEWISH MUSEUM OF NEW YORK$75KEPISCOPAL ACADEMY$47K

Grant Size Distribution

200 grants across all recorded years

170<$50K7$50–100K7$100–250K6$250–500K3$500K–1M7$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Trustees:

  • Joseph Neubauer (Trustee, 6 hours/week, no compensation)
  • Lawrence Neubauer (Trustee, 1 hour/week, no compensation)
  • Melissa Neubauer Anderson (Trustee, 1 hour/week, no compensation)

Staff:

  • Rebecca Cornejo (Executive Director, $359,000 compensation)
  • Daniel Berkowitz (Chief Strategy Officer, $218,000 compensation)
  • Courtney Fail (Executive Assistant, $134,000 compensation)
  • Sarah Biemiller (Grants Administrator, $100,000 compensation)
  • Kerry Williams (Director of Operations, $80,000 compensation)
  • Bonita Stowell (Senior Program Officer, $84,000 compensation)

The foundation maintains a small staff, which is characteristic of hands-on funders that maintain a low profile.

Compensation Overview

From 2024 IRS filing

REBECCA CORNEJOEXECUTIVE DIRECTOR$359K

From 2024 filing

NameTitleHoursCompensation
JOSEPH NEUBAUERTRUSTEE6
LAWRENCE NEUBAUERTRUSTEE1
MELISSA NEUBAUER ANDERSONTRUSTEE1
REBECCA CORNEJOEXECUTIVE DIRECTOR40$359,333

Recent News & Activity

Recent developments and announcements

The foundation has made significant recent grants including:

$10 million to the Metropolitan Opera's New Works Initiative

$10 million challenge grant to the Philadelphia Orchestra

Philadelphia Orchestra Reaches Fundraising Milestone | Playbill

$9 million fund to help Philadelphia-area nonprofits commemorate America's 250th birthday

$9 Million Fund Will Help Philadelphia-Area Nonprofits ...

The foundation is actively recruiting for a Senior Program Officer position, indicating continued expansion of its grantmaking capacity and commitment to its strategic initiatives.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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