The Walter and Monica Noel Family
The Walter and Monica Noel Family is a private foundation based in Greenwich, Connecticut. Its 2024 filing describes awards for religious, charitable, scientific, literary, cultural, or educational purposes.
The Walter and Monica Noel Family at a glance
In short: The Walter and Monica Noel Family gave $21K across 12 grants in 2024 (avg $2K), top state Connecticut. 17% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $20,825
- +39.8% vs 2023
- Grants made (2024)
- 12
- +0.0% vs 2023
- Average grant
- $1,735
- +39.8% vs 2023
- Median grant
- $750
- Total assets
- $26,056
- +6.0% vs 2023
- New grantees (estimate)
- 17% first-time grantees (2 of 12, 2024; small sample)
- Primary geography
- Connecticut (29% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Walter and Monica Noel Family
- How to Apply
-
The foundation does not restrict giving to preselected organizations. Submit an application letter stating the purpose, needs, and other pertinent information, and include proof of 501(c)(3) status.
- Contact
Application contact: Monica H Noel
Mailing address: Pobox 1555, Greenwich, CT 06836
Phone: (203) 629-8494
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Walter and Monica Noel Family funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Mustique Charitable Trust ($8K). Together the top 10 received $20K.
Grant Size Distribution
68 grants across all recorded years
The most common grant size was under $50K: 68 grants of 68 (100%).
Geographic Focus
Where this funder awards grants
The 2024 grants went to recipients in Connecticut, Massachusetts, Washington, D.C., Tennessee, Rhode Island, New Jersey, Florida, and New York. The filing reports grant-dollar shares of 29% for Connecticut, 13% for Massachusetts, 12% for Washington, D.C., and 5% for Tennessee; another 36% is listed without a recipient state.
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
States
Cities
Is The Walter and Monica Noel Family open to new grantees?
17%
first-time grantees, 2024
In 2024, 2 of 12 grantees (17%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $363; repeat grants $2K. How we count
Medians: $363 first-time, $2K repeat.
- 83% of 2024 grantees were also funded in 2023. Method
- Giving fell 30% from 2021 to 2024. Method
- In 2024 it paid out 412% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $15K (2023) to $30K (2021). In 2024 it made 12 grants totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mustique Charitable Trust | Charitable | $7,500 |
| Greenwich Country Day Greenwich, CT | Educational | $3,000 |
| Harvard College Fund Cambridge, MA | Educational | $2,500 |
| Greenwich Academy Greenwich, CT | Educational | $2,500 |
| Georgetown University Washington, DC | Educational | $2,500 |
| Vanderbilt University Nashville, TN | Educational | $1,000 |
| Brown University Providence, RI | Eduactional | $500 |
| Christ Church Greenwich Greenwich, CT | Religious | $500 |
| Arms Wide Open Childhood Center Malboro, NJ | Charitable | $225 |
| School Year Abroad North Abdover, MA | Educational | $200 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $26,056 | $22,351 | $20,874 | $20,825 | 12 | $20,825 | $22,351 | $5,053 |
| 2023 | $24,579 | $3,998 | $22,214 | $14,900 | 12 | $14,900 | $3,998 | $5,337 |
| 2022 | $42,795 | $18,423 | $25,200 | $22,300 | 16 | $21,300 | $18,389 | $5,868 |
| 2021 | $49,572 | $25,262 | $29,800 | $29,800 | 17 | $29,800 | $25,262 | $6,282 |
| 2020 | $54,110 | $3,200 | $27,685 | $17,400 | 11 | — | — | $6,821 |
Under IRS private-foundation payout rules, The Walter and Monica Noel Family reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing does not state a separate mission. It describes its charitable activity as making awards for religious, charitable, scientific, literary, cultural, or educational purposes, within the meaning of section 501(c)(3).
Its 2024 grants included educational awards to schools and universities, a religious award to Christ Church Greenwich, and charitable awards to organizations including Wounded Warrior Project. Greenwich Academy describes its mission as providing a rigorous liberal arts education for girls and young women in an inclusive, diverse community. Georgetown University says it was founded to promote intellectual, ethical, and spiritual understanding through discourse among people of different faiths, cultures, and beliefs. Wounded Warrior Project describes its work as supporting the well-being of post-9/11 veterans, service members, and their families. School Year Abroad describes its mission as providing high school students with opportunities to study in Spain, Italy, or France while earning U.S. graduation credits.
Grantmaking
In 2024, the foundation made 12 grants totaling $20,825. Grants ranged from $200 to $7,500, with a median of $750. Larger awards included $7,500 to Mustique Charitable Trust; $3,000 to Greenwich Country Day; and $2,500 each to Greenwich Academy, Harvard College Fund, and Georgetown University.
The 2024 filing says applications should be submitted by letter describing the purpose, needs, and other pertinent information, with proof of 501(c)(3) status. Awards are restricted to religious, charitable, scientific, literary, cultural, or educational purposes within the meaning of section 501(c)(3).
Leadership & Key People
Leadership team and compensation from IRS filings
Monica H. Noel is listed as a director on the 2024 filing.
The Walter and Monica Noel Family is led by Monica H. Noel, Director on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Monica H. Noel
Director
On filings since 2020
No compensation reported
Former officers (1)
- Former: Walter M. Noel Jr. (2020–2023) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Walter and Monica Noel Family
How much does The Walter and Monica Noel Family give each year?
The Walter and Monica Noel Family gave $21K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $15K across 12 grants.
What is The Walter and Monica Noel Family's typical grant size?
The Walter and Monica Noel Family's median grant in 2024 was $750, and its average grant was $1,735, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Walter and Monica Noel Family that year got $363 on average.
Where does The Walter and Monica Noel Family give grants?
The Walter and Monica Noel Family's top state is Connecticut, with 29% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Massachusetts (13%) and District of Columbia (12%). The most frequent recipient cities were Greenwich, CT (3 grants).
Does The Walter and Monica Noel Family give general operating support?
Not in 2024: none of the 12 grants with a stated purpose on The Walter and Monica Noel Family's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (6 grants) and "Charitable" (4 grants).
Who are The Walter and Monica Noel Family's largest grantees?
The Walter and Monica Noel Family's largest 2024 grantees include Mustique Charitable Trust ($7,500), Greenwich Country Day ($3,000) and Harvard College Fund ($2,500), according to its 2024 IRS Form 990-PF. Together they received 62% of its itemized 2024 grant dollars.
How large is The Walter and Monica Noel Family?
The Walter and Monica Noel Family reported $26K in total assets on its 2024 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What does The Walter and Monica Noel Family fund?
The foundation’s filing does not state a separate mission. It describes its charitable activity as making awards for religious, charitable, scientific, literary, cultural, or educational purposes, within the meaning of section 501(c)(3). See mission & focus areas ↑
How do I apply for a grant from The Walter and Monica Noel Family?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Walter and Monica Noel Family's EIN?
The Walter and Monica Noel Family's EIN (Employer Identification Number) is 06-6491314. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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