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← NEUBAUER FAMILY CHARITABLE TRUST

Form 990 for tax year 2024

Filed by NEUBAUER FAMILY CHARITABLE TRUST.

Totals

Total revenue
$0
Total expenses
$10,359,680
Contributions and grants received
$0
Grants paid
$9,960,407
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$290,534,014
Total liabilities, end of year
$21,478
Net assets or fund balances, end of year
$290,512,536
Program services expenses (Part IX)
$10,089,195
Management and general expenses
$270,485
Fundraising expenses
$0
Program service expenses (Part III)
$10,089,195

Program services were 97.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $10,331,582

  • 7b · Less cost or other basis and sales expenses

    securities $10,331,582

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,960,407 · program services $9,960,407

  • 11a · Fees: management

    total $257,575 · program services $128,788 · management and general $128,787

  • 11c · Fees: accounting

    total $44,738 · management and general $44,738

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $8,868 · management and general $8,868

  • 24a · Other expenses: UBI TAXES

    total $87,797 · management and general $87,797

  • 24b · Other expenses: BANK, CREDIT CARD & FILING FEES

    total $295 · management and general $295

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,024,974 · end of year $18,354

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 12 · Investments: other securities

    beginning of year $294,295,530 · end of year $290,515,660

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $21,478

  • 18 · Grants payable

    beginning of year $2,000,000 · end of year $0

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $294,320,504 · end of year $290,512,536

Mission and programs · 2024

Mission

TO MAKE GRANTS IN SUPPORT OF CHARITABLE AND EDUCATIONAL ACTIVITIES

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

    Expenses $4,918,207 · Grants $4,855,427

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

    Expenses $4,558,185 · Grants $4,500,000

  • COMMUNITY IMPROVEMENT, ENVIRONMENT, & PUBLIC SAFETY

    Expenses $308,924 · Grants $304,980

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

    Expenses $303,879 · Grants $300,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Elizabeth A Carey

    Treasurer

    Total calculated
    $644,448
    From this org
    $0
    From related orgs
    $570,212
    Other
    $74,236
    Hours/week
    0.5 + 41.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $541,492 related
    Bonus
    $0 + $28,000 related
    Other
    $0 + $720 related
    Deferred
    $0 + $50,213 related
    Nontaxable benefits
    $0 + $24,023 related
    Filer's total
    $0 + $644,448 related

  • Joseph Neubauer

    Chair

    Total calculated
    $0
    Hours/week
    0.5

  • Nicole Taylor

    Secretary

    Total calculated
    $1,268,486
    From this org
    $0
    From related orgs
    $1,177,663
    Other
    $90,823
    Hours/week
    0.5 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,050,599 related
    Bonus
    $0 + $33,839 related
    Other
    $0 + $93,225 related
    Deferred
    $0 + $57,500 related
    Nontaxable benefits
    $0 + $33,323 related
    Filer's total
    $0 + $1,268,486 related

  • Gina Dalma

    Former Officer

    Total calculated
    $175,981
    From this org
    $0
    From related orgs
    $175,981
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $175,981 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $175,981 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments

The filer's explanations (Part III)

Schedule J, Part I, Line 4a Severance or change-of-control payment
Gina Dalma - $175,981
Schedule J, Part I, Line 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION
THE ORGANIZATION RELIED ON SVCF, A RELATED ORGANIZATION, TO SET COMPENSATION FOR THE ORGANIZATION'S CEO. SVCF USED ONE OR MORE OF THE METHODS DESCRIBED ON SCHEDULE J, PART I, LINE 3 TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION.
Schedule J, Part II Reported Salaries
This section includes salaries of Silicon Valley Community Foundation executives who are board members of Neubauer Family Charitable Trust. These salaries are not paid by Neubauer Family Charitable Trust, and are only listed because Silicon Valley Community Foundation is a related organization.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • NEXT EGG INVESTMENTS (NFCT) LP

    Excluded · INVESTMENT · DE · share of income $15,576,918 · share of assets $324,519,729

    Directly controlled by NEUBAUER FAMILY CHARITABLE TRUST

  • CHESWOLD (ALMONDS) LLC

    Unrelated · FARMING · DE · share of income -$1,108,172 · share of assets $10,211,629

    Directly controlled by NEXT EGG INVESTMENTS (NFCT) LP

  • CHESWOLD (COLLEGE PARK PREFERRED) LLC

    Unrelated · INVESTMENT · PA · share of income $0 · share of assets $11,282,267

    Directly controlled by NEXT EGG INVESTMENTS (NFCT) LP

  • LV WEST LANE COLUMBUS GP LLC

    Excluded · INVESTMENT · DE · share of income -$3,671 · share of assets $4,992,685

    Directly controlled by NEXT EGG INVESTMENTS (NFCT) LP

  • SU FUND I A SERIES OF WAY FINDER INVESTMENTS LP

    Excluded · INVESTMENT · DE · share of income $0 · share of assets $0

    Directly controlled by NEXT EGG INVESTMENTS (NFCT) LP

  • AEGIS RESERVE PARTNERS LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICONIQ ACCESS XLI LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICONIQ DC FUND I FEEDER (TE) LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICQ CPE 2018 B LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICQ CPE 2019 B LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICQ CPE I-B LP

    N/A · Investment · CA

    Directly controlled by NA

  • ICQ CVC 2019 B LP

    N/A · Investment · CA

    Directly controlled by NA

  • Nydig Institutional Bitcoin Fund Lp

    N/A · INVESTMENT · DE

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Cheswold Almonds Inc

    C Corporation · Investment · DE · 100% owned · share of income $0 · share of assets $10,807 · controlled entity

    Directly controlled by Next Egg Investments (NFCT) LP

  • Cheswold (NW-NFCT) Ltd

    C Corporation · Investment · CJ · 100% owned · share of income $12,209 · share of assets $2,785,804 · controlled entity

    Directly controlled by Next Egg Investments (NFCT) LP

  • Cheswold (NFCT Cayman) Ltd

    C Corporation · Investment · CJ · 100% owned · share of income $247,700 · share of assets $2,121,844 · controlled entity

    Directly controlled by Next Egg Investments (NFCT) LP

  • Clearlake Opportunities Partners (E-Offshore) LP

    C Corporation · Investment

    Directly controlled by NA

  • FARALLON CO-INVESTMENT FEEDER FUND LP

    C Corporation · Investment

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
10 November 2025
IRS schema version
2024v5.1
Source object
202523149349305712

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