A L Steinke Perpetual Scholarship
A L Steinke Perpetual Scholarship is a private foundation based in Eagan, Minnesota. Its 2025 filing reports grants designated for scholarships, and its application criteria describe support for students whose families would have difficulty providing for higher education.
A L Steinke Perpetual Scholarship at a glance
In short: A L Steinke Perpetual Scholarship gave $52K across 25 grants in 2025 (avg $2K), top state South Dakota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $51,850
- +1.3% vs 2024
- Grants made (2025)
- 25
- +8.7% vs 2024
- Average grant
- $2,074
- -6.8% vs 2024
- Median grant
- $1,250
- Total assets
- $974,960
- +1.5% vs 2024
- Primary geography
- South Dakota (45% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to A L Steinke Perpetual Scholarship
- How to Apply
-
The filing says to submit a letter. It states that the student must have completed four years of county or a subsequent entity, that it must be a hardship for the family to provide higher education, and that the award should not exceed $1,500.
- Contact
Application contact: Benjamin M Webster Us Bank Na
Mailing address: 101 East 5Th Street, St Paul, MN 55101-1860
Phone: (651) 466-8040
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who A L Steinke Perpetual Scholarship funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of South Dakota ($7K across 2 grants). Together the top 10 received $28K.
Organizations only. It also paid 5 individual scholarships ($14,300), which are not listed by name.
Grant Size Distribution
112 grants across all recorded years
The most common grant size was under $50K: 112 grants of 112 (100%).
Geographic Focus
Where this funder awards grants
In 2025, an individual recipient accounted for 45% of grant dollars, Minnesota 29%, an individual recipient 9%, Iowa 6%, and Wisconsin 5%.
Grant Distribution by State
Share of 2025 grant dollars across all 25 itemized grants.
States
Cities
How A L Steinke Perpetual Scholarship gives
- 47% of 2025 grantees were also funded in 2024. Method
- Giving fell 24% from 2022 to 2025. Method
- In 2025 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $49K (2020) to $68K (2022). In 2025 it made 25 grants totaling $52K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 5 individual scholarships Recipients not named | — | $14,300 |
| University of South Dakota Vermillion, SD | Scholarship | $6,250 |
| Dakota State University Madison, SD | Scholarship | $5,550 |
| Winona State University Winona, MN | Scholarship | $3,625 |
| University of Minnesota Twin Cities Minneapolis, MN | Scholarship | $3,300 |
| University of North Dakota Grand Forks, ND | Scholarship | $2,150 |
| University of Wisconsin Stout Menomonie, WI | Scholarship | $1,250 |
| Purdue University Goshen, IN | Scholarship | $1,250 |
| Bethany Lutheran College Mankato, MN | Scholarship | $1,250 |
| University of Mary Bismarck, ND | Scholarship | $1,250 |
Ready to take the next step with A L Steinke Perpetual Scholarship?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $974,960 | $90,083 | $74,270 | $51,850 | 25 | $57,156 | $73,476 | $65,003 |
| 2024 | $960,171 | $80,000 | $71,930 | $51,200 | 23 | $56,420 | $64,067 | $61,443 |
| 2023 | $952,123 | $46,980 | $74,253 | $54,700 | 19 | $59,573 | $32,512 | $57,525 |
| 2022 | $978,399 | $78,556 | $89,746 | $67,800 | 23 | $72,908 | $63,721 | $58,584 |
| 2021 | $988,987 | $103,683 | $79,514 | $57,500 | 22 | $63,069 | $87,371 | $69,196 |
| 2020 | $962,081 | $40,828 | $68,212 | $49,250 | 17 | — | $22,967 | $60,915 |
| 2019 | $989,465 | $67,949 | $85,890 | $65,400 | 20 | — | $48,647 | $62,748 |
Under IRS private-foundation payout rules, A L Steinke Perpetual Scholarship reported a distributable amount of $65K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants went to colleges and universities, with each of the listed largest grants designated for scholarships. Among the grantees, Bethany Lutheran College describes its mission as providing Christian higher education with personal mentoring; the University of Mary says it serves the religious, academic, and cultural needs of the region and beyond. Morningside University describes its focus as lifelong learning, ethical leadership, and civic responsibility.
Grantmaking
In 2025, the foundation reported 25 grants totaling $51,850. Grant amounts ranged from $1,000 to $6,625, with a median of $1,250. It reported 23 grants totaling $51,200 in 2024 and 19 grants totaling $54,700 in 2023.
The largest 2025 grants included $6,625 to an individual recipient State University, $6,250 to the University of an individual recipient, $5,550 to Dakota State University, $3,625 to Winona State University, and $3,300 each to the University of Minnesota Twin Cities and an individual recipient State University Mankato received $2,250; the University of an individual recipient received $2,150; and the University of Wisconsin–Stout, Purdue University, Bethany Lutheran College, and the University of Mary each received $1,250.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists US Bank N.A. as trustee.
A L Steinke Perpetual Scholarship's only listed officer is US Bank N A, Trustee on filings since 2019 (compensated).
Officers on the 2025 filing
US Bank N A
Trustee
On filings since 2019
1 hr/week
$16K (2019) → $19K (2025)
Former officers (1)
- Former: US Bank NA (2023–2024) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $19K, to US Bank N a (Trustee).
Frequently asked questions about A L Steinke Perpetual Scholarship
How much does A L Steinke Perpetual Scholarship give each year?
A L Steinke Perpetual Scholarship gave $52K across 25 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $51K across 23 grants.
What is A L Steinke Perpetual Scholarship's typical grant size?
A L Steinke Perpetual Scholarship's median grant in 2025 was $1,250, and its average grant was $2,074, across 25 grants on its 2025 IRS Form 990-PF.
Where does A L Steinke Perpetual Scholarship give grants?
A L Steinke Perpetual Scholarship's top state is South Dakota, with 45% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Minnesota (29%) and North Dakota (9%). The most frequent recipient cities were Sioux Falls, SD (3 grants) and Vermillion, SD (2 grants).
Does A L Steinke Perpetual Scholarship give general operating support?
Occasionally: 4% of A L Steinke Perpetual Scholarship's 2025 grants with a stated purpose (1 of 25) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarship" (24 grants).
Who are A L Steinke Perpetual Scholarship's largest grantees?
A L Steinke Perpetual Scholarship's largest 2025 grantees include University of South Dakota ($7,250 across 2 grants), Dakota State University ($5,550) and Winona State University ($3,625), according to its 2025 IRS Form 990-PF. It also paid 5 individual scholarships ($14,300), which are not listed by name. Together they received 32% of its itemized 2025 grant dollars.
How large is A L Steinke Perpetual Scholarship?
A L Steinke Perpetual Scholarship reported $975K in total assets on its 2025 IRS Form 990-PF. It paid out $57K in qualifying distributions that year, against a required minimum of $65K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does A L Steinke Perpetual Scholarship fund?
No mission statement for the foundation is provided. Its 2025 grants went to colleges and universities, with each of the listed largest grants designated for scholarships. See mission & focus areas ↑
How do I apply for a grant from A L Steinke Perpetual Scholarship?
The filing says to submit a letter. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is A L Steinke Perpetual Scholarship's EIN?
A L Steinke Perpetual Scholarship's EIN (Employer Identification Number) is 41-6045691. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). A L Steinke Perpetual Scholarship funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/a-l-steinke-perpetual-scholarship-morg_640fb88e3dbe48e295311bf340c51b89
BibTeX
@misc{grantable_416045691_2026,
author = {{Grantable}},
title = {{A L Steinke Perpetual Scholarship funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/a-l-steinke-perpetual-scholarship-morg_640fb88e3dbe48e295311bf340c51b89},
note = {Accessed 2026-10-24. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from A L Steinke Perpetual Scholarship's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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