Private foundation (trust)EIN 953466880Est. 1980-05
The Steele Foundation Inc
PHOENIX, AZ 85018
Total Assets
$89.7M
FY 2023
Annual Giving
$3.6M
FY 2023
Grants Made
31
FY 2023
Avg Grant
$116K
FY 2023
Grant Range
$3K–$2M
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$34KDc scholarship program the purpose of the scholarship program is to award scholarships to graduating high school seniors who have shown the passion to succeed despite facing economic challenges. Because many of these students receive insufficient funds to cover basic tuition and fees for the school, the foundation makes grants to cover some or all of the gap between the student's costs and the school's financial aid, such as basic supplies, transportation, travel, and living expenses. In 2023, the scholarship program helped four students with their college expenses, providing support totaling $34,290. The foundation strictly follows its scholarship granting procedures as outlined in its irs advance approval letter, including the use of a grant selection committee, student gpa and reporting requirements, and monitoring use of funds, among other things.
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$2.7M
Total Expenses
$5.3M
Qualifying Distributions
$4.7M
Distributable Amount
$4.4M
Min. Investment Return
$4.4M
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
31 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
132 grants
Grant Size Distribution
132 grants
Geographic Focus
10 states
Ready to work on a proposal for The Steele Foundation Inc?
Open a draft with this funder pre-selected. Add guidelines when you have them.
Related funders in Arizona
THE PICERNE FAMILY CHARITABLE FOUNDATION
PHOENIX, AZ · $2.3M in grants
CRAIG AND BARBARA BARRETT FOUNDATION
PARADISE VALLEY, AZ · $1.5M in grants
AHEARN FAMILY FOUNDATION
PHOENIX, AZ · $1.5M in grants
PERRY AND SANDY MASSIE FOUNDATION
Prescott, AZ · $1.0M in grants
THE ELLIE & LES HAYT FAMILY FOUNDATION
PEORIA, AZ · $879K in grants
EDMUNDS FAMILY FOUNDATION INC
PHOENIX, AZ · $423K in grants
THE BARBARA ROASTINGEAR AND
SCOTTSDALE, AZ · $422K in grants
IFS FAMILY FOUNDATION INC
SCOTTSDALE, AZ · $420K in grants
Track The Steele Foundation Inc
Get an email when Grantivo has new data for The Steele Foundation Inc, such as a fresh IRS filing, updated financials, or newly reported grants. No account needed.
Free. Unsubscribe anytime. Or create an account to draft an application.