Steeg Family Foundation
- Assets
- $613.6k
- Revenue
- $32.6k
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 05/1957
- Data as of
- 12/2023
- EIN
- 72-6027035
Organization Overview
Steeg Family Foundation is located in New Orleans, LA. The organization was established in 1957. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Steeg Family Foundation 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 12/2023, Steeg Family Foundation generated $32.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $56.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Steeg Family Foundation has awarded 236 individual grants totaling $387,191. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,113 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,507 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,606 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,315 |
| Contributions, gifts, grants paid | $46,419 |
| Total expenses and disbursements | $56,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,884 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $564,677 |
| Total assets | $613,561 |
| 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, Steeg Family Foundation has awarded $46,419 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AGENDA FOR CHILDREN PURPOSE: TO EFFECT EXEMPT PURPOSE | $2,500 |
AMERICAN NEUROLOGICAL ASSOCIATION PURPOSE: TO EFFECT EXEMPT PURPOSE | $1,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: TO EFFECT EXEMPT PURPOSE | $1,000 |
ANIMAL RESCUE NEW ORLEANS PURPOSE: TO EFFECT EXEMPT PURPOSE | $500 |
AUDUBON NATURE INSTITUTE PURPOSE: TO EFFECT EXEMPT PURPOSE | $6,500 |
BOSTON COLLEGE LAW SCHOOL ALUMNI ASSOCIATION PURPOSE: TO EFFECT EXEMPT PURPOSE | $590 |