Steele Family Foundation 10112009
- Assets
- $1.1m
- Revenue
- $342.7k
- Investments
- $917.7k
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 61-6383654
Organization Overview
Steele Family Foundation 10112009 is located in Arlington, VA. The organization was established in 2010. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steele Family Foundation 10112009 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Steele Family Foundation 10112009 generated $342.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $371.4k during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Steele Family Foundation 10112009 has awarded 564 individual grants totaling $2,132,503. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald W Steele Director | 0.25 | $0 | |
Mary J Steele Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,334 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $305,381 |
| Capital Gain Net Income | $306,838 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $342,715 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,520 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,656 |
| Total operating and administrative expenses | $29,368 |
| Contributions, gifts, grants paid | $342,003 |
| Total expenses and disbursements | $371,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $134,158 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $77,635 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,051,890 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Steele Family Foundation 10112009 has awarded $342,003 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, VA PURPOSE: ENCOUNTER CHRIST TO TRANSFORM INDIVIDUALS, FAMILIES AND COMMUNITY | $12,000 |
CATHOLIC CHARITIES OF SANTA BARBARA PURPOSE: PREVENTING HUNGER AND HOMELESSNESS BY ADVANCING SELF-SUFFICIENCY | $10,000 |
INNERCITY INNERCHILD PURPOSE: ARTS EDUCATION/LITERACY PROGRAM FOR LOW-INCOME CHILDREN | $10,000 |
Santa Fe, NM PURPOSE: PROVIDES EDUCATION AND SKILL DEVELOPMENT TO WMEN | $10,000 |
Salt Lake City, UT PURPOSE: WORKS TO SAVE THE LIVES AND SUPPORT THE FAMILIES OF THOSE WITH SADS | $10,000 |
NEW BEGINNINGS COUNSELING CENTER PURPOSE: MENTAL HEALTH CENTER PROVIDING PSYCHOLOGICAL COUNSELING AND SUPPORTIVE SERVICES | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clark Charitable Foundation Inc Bethesda, MD | $421,128,793 | $429,131,785 |
Claude Moore Charitable Foundation Fairfax, VA | $240,670,570 | $26,185,543 |
Community Anti-Drug Coalitions Of America Alexandria, VA | $15,283,034 | $14,789,686 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
James W And Frances Gibson Mcglothlin Foundation Bristol, VA | $55,479,136 | $5,807,937 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Madeline Foundation Baltimore, MD | $27,935,341 | $684,991 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Elhapa Foundation Inc Lexington, KY | $43,489,972 | $1,635,816 |
Venable Baetjer And Howard Foundation Baltimore, MD | $411,758 | $3,720,067 |
Kolibri Foundation Inc Washington, DC | $25,943,036 | $16,488,107 |
George Wolf Memorial Intrvs Tr Ua 08082003 Washington, DC | $12,689,943 | $2,315,178 |