Nonprofits/Organizations/81-3609752
Active
501(c)(3)
T11 · Philanthropy, Voluntarism & Grantmaking
Form 990

Neubauer Family Charitable Trust

EIN 81-3609752MOUNTAIN VIEW, CA 94040Founded 2016WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

TO MAKE GRANTS IN SUPPORT OF CHARITABLE AND EDUCATIONAL ACTIVITIES

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$0

Total Expenses

$10.4M

+6.0%YoY

Net Assets

$290.5M

-1.3%YoY

Employees

0

Volunteers

1

Grants Paid

$10.0M

Program Expense Ratio

97.4%

This nonprofit profile presents IRS Form 990 tax filing data for Neubauer Family Charitable Trust (EIN: 81-3609752), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Program spending ratio of 97.4% — excellent
336.5 months of operating reserves — strong cushion
Expenses increased +6.0% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
3-member board, 1 independent

Compensation

Top compensation: $1,268,486 (Secretary)
Top exec pay is 12.2% of total expenses — elevated
Schedule J filed for 3 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

4 programs reported
97.4% of spending goes to programs
No programs generate independent revenue
$10.0M in grants paid to other organizations
1 volunteers engaged

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
0.0 months cash runway — tight liquidity
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Neubauer Family Charitable Trust is a 501(c)(3) nonprofit headquartered in MOUNTAIN VIEW, CA, founded in 2016. It is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2016. In its 2024 filing, the organization reported $0 in total revenue, and $10.4M in total expenses. The organization engaged 1 volunteers. Nicole Taylor, Secretary, is the highest-compensated individual at $1,268,486. The organization runs 4 programs, totaling $10.1M in program expenses. 4 of 6 recommended governance policies are in place.

Neubauer Family Charitable Trust is classified under NTEE code T11 (Single Organization Support), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.

Programs(Tax Year 2024)

4 records

Programs Overview

Neubauer Family Charitable Trust operates 4 programs, with total program expenses of $10.1M. Neubauer Family Charitable Trust's largest program accounts for 49% of total program spending.

1
Program 1Expenses: $4,918,207

EDUCATION: Programs to support access to quality learning, academic achievement, and lifelong educational opportunities.

2
Program 2Expenses: $4,558,185

ARTS & CULTURE: Support for arts education, cultural preservation, and public engagement in creative activities.

3
Program 3Expenses: $308,924

COMMUNITY IMPROVEMENT, ENVIRONMENT, & PUBLIC SAFETY

4
Program 4Expenses: $303,879

YOUTH DEVELOPMENT: Support for programs and services that promote the well-being, skills, and positive development of young people.

Total Program Expenses: $10,089,195

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Neubauer Family Charitable Trust's revenue has declined from $79.6M to $0, a 100.0% decrease. Program expenses represent 97% of total spending.

Expenses grew 6.0%, while net assets fell to $290.5M, down 1.3% from the prior year.

Neubauer Family Charitable Trust allocates 97% to programs, 3% to management and general.

Neubauer Family Charitable Trust distributed $10.0M in grants to other organizations and individuals, representing 96% of total expenses.

Over 6 filings from 2019–2024, Neubauer Family Charitable Trust declined revenue from $79.6M to $0 (-100.0%) while maintaining a program expense ratio of 97%.

Neubauer Family Charitable Trust holds $290.5M in total assets against $21K in liabilities (debt-to-asset ratio of 0%). The organization has 336.5 months of operating reserves. Cash and equivalents of $18K cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$0$0$0$0$0
2023$0$0$0$0$0
2022$4.1M$4.1M$0$0$0
2021$24.0M$24.0M$0$0$0
2020$7.6M$7.6M$0$0$0
2019$79.6M$79.6M$0$0$622

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$10.4M$10.1M$270K$0$10.0M
2023$9.8M$9.5M$182K$0$9.3M
2022$11.9M$11.4M$518K$0$11.2M
2021$18.5M$16.6M$1.9M$0$16.5M
2020$14.7M$13.5M$1.3M$0$13.3M
2019$16.3M$14.6M$1.7M$0$14.5M

Program Expense Ratio

97.4%

Admin Expense Ratio

2.6%

Fundraising Efficiency

Operating Reserve

336.5 mo

People & Compensation(Tax Year 2024)

4 records

Compensation Summary

Neubauer Family Charitable Trust reported compensation for 4 officers and key employees. Total officer compensation was $2.1M, representing 20.2% of total expenses. 2 individuals received total compensation exceeding $500,000.

Neubauer Family Charitable Trust's highest-compensated individual received $1.3M in total compensation. Total officer compensation of $2.1M represents 20.2% of total expenses. 1 individual received total compensation exceeding $1,000,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
Nicole TaylorSecretary
OfficerDirector
0.50$0$1,177,663$1,268,486
Elizabeth A CareyTreasurer
OfficerDirector
0.50$0$570,212$644,448
Gina DalmaFormer Officer
Former
$0$175,981$175,981
Joseph NeubauerChair
OfficerDirector
0.50$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

Elizabeth A Carey

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Nicole Taylor

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Gina Dalma

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Neubauer Family Charitable Trust has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 3 members, 1 of whom are independent.

Neubauer Family Charitable Trust's financial statements are audited, an audit committee oversees the process.

Neubauer Family Charitable Trust delegates management duties to an outside firm.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members3
Independent members1

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

14 records

Grantmaking Summary

Neubauer Family Charitable Trust awarded $10.0M across 14 grants to organizations. Top recipients include Calder Gardens (Philadelphia, PA) — $4.5M for arts & culture; University of Chicago (Chicago, IL) — $3.2M for education; Tufts University (Boston, MA) — $910K for education.

Organization Grants

RecipientLocationAmountPurpose
Calder Gardens852458469Philadelphia, PA$4.5MArts & Culture
University of Chicago362177139Chicago, IL$3.2MEducation
Tufts University042103634Boston, MA$910KEducation
American Friends of the Hebrew University Inc131568923New York, NY$315KEducation
Cobbs Creek Restoration and Community Foundation821942476West Conshohocken, PA$300KYouth Development
American Friends of The Tel Aviv University Inc131996126New York, NY$142KEducation
Saint Josephs University231352674Philadelphia, PA$125KEducation
Pennsylvania Horticultural Society231352265Philadelphia, PA$100KEnvironment
Black Male Community Council of Philadelphia833531816Philadelphia, PA$80KPublic Safety
Temple University231365971New York, NY$75KCommunity Improvement & Capacity Building
Parkway Council Foundation232309992Philadelphia, PA$50KCommunity Improvement & Capacity Building
American Society of the University of Haifa136220819New York, NY$49KEducation
Trustees of the University of Pennsylvania231352685Philadelphia, PA$46KEducation
Foundations Inc521801849Mount Laurel, NJ$45KEducation

Filing History(Tax Years 2016–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$0$10.4M$290.5M
2023
990
2023-01-01 – 2023-12-31$0$9.8M$294.3M
2022
990
2022-01-01 – 2022-12-31$4.1M$11.9M$311.6M
2021
990
2021-01-01 – 2021-12-31$24.0M$18.5M$307.1M
2020
990
2020-01-01 – 2020-12-31$7.6M$14.7M$264.6M
2019
990
2019-01-01 – 2019-12-31$79.6M$16.3M$248.1M
2016–2018No filings acquired yet

Frequently Asked Questions

What does Neubauer Family Charitable Trust do?

TO MAKE GRANTS IN SUPPORT OF CHARITABLE AND EDUCATIONAL ACTIVITIES

How much revenue does Neubauer Family Charitable Trust have?

Neubauer Family Charitable Trust reported $0 in total revenue for tax year 2024.

Who is the highest-paid executive at Neubauer Family Charitable Trust?

Nicole Taylor, Secretary, received $1,268,486 in total compensation as of tax year 2024.

Is Neubauer Family Charitable Trust a 501(c)(3)?

Yes, Neubauer Family Charitable Trust is classified as a 501(c)(3) tax-exempt organization.

Where is Neubauer Family Charitable Trust located?

Neubauer Family Charitable Trust is headquartered in MOUNTAIN VIEW, CA 94040.

What type of nonprofit is Neubauer Family Charitable Trust?

Neubauer Family Charitable Trust is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is Neubauer Family Charitable Trust audited?

Yes, Neubauer Family Charitable Trust's financial statements are audited, and the organization has an audit committee.

Does Neubauer Family Charitable Trust give grants?

Yes, Neubauer Family Charitable Trust distributed $9,960,407 in grants to other organizations and individuals in tax year 2024. Top recipients include Calder Gardens, University of Chicago, Tufts University.

Data Source

Prepared by: CROWE LLP, San Francisco, CA

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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