Degner Glenn Tr FBO Steele County

Private foundation · Grantmaker Saint Louis, MO EIN: 20-2602062

Degner Glenn Tr FBO Steele County is a private foundation, based in Saint Louis, MO. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $1.9M in total assets. In 2026, it awarded 1 grant totaling $120K. Net investment income was $217K.

Key facts about Degner Glenn Tr FBO Steele County

In short: Degner Glenn Tr FBO Steele County gave $120K across 1 grant in 2026 (avg $120K), mostly in Minnesota. Source: 2026 IRS Form 990-PF.

EIN
20-2602062
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$120,165
Grants made (2026)
1
Average grant
$120,165
Median grant
$120,165
Total assets
$1,893,645
Primary geography
Minnesota (100% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$1.9M

+5.6% YoY

Annual Giving

$120K

+11.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$120K

+11.4% YoY

Under IRS private-foundation payout rules, Degner Glenn Tr FBO Steele County reported a distributable amount of $129K for 2026 — the minimum it must pay out in qualifying distributions.

How Degner Glenn Tr FBO Steele County gives

  • Giving held roughly steady from 2023 to 2026 (+9%). Method
  • In 2026 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2026 grant dollars.

States

Cities

Owatonna

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grants20211 grants20221 grants20231 grants20241 grants20251 grants2026

From 2021 to 2026, annual grant giving ranged from $84K (2021) to $120K (2026). In 2026 it made 1 grant totaling $120K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2026

Steele County Historical Society: $120KSteele County HistoricalSociety$120K

The largest 2026 recipient was Steele County Historical Society ($120K).

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Steele County Historical Society Owatonna, MNGeneral Operating$120,165

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K202120222023202420252026
Metric202620252024
Total Assets$1,893,645$1,792,601$1,822,166
Revenue$263,310$121,257$281,713
Expenses$162,500$146,954$141,186
Qualifying Distributions$124,953$112,104$112,628
Net Investment Income$217,020$92,135$249,782
Distributable Amount$129,219$124,390$111,620

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 9, 2026)
  2. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Degner Glenn Tr FBO Steele County's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2021 (compensated).

Officers on the 2026 filing

  • Wells Fargo Bank N A

    Trustee

    On filings since 2021

    1 hr/week

    $26K (2021) → $32K (2026)

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

Wells Fargo Bank N a — Trustee: $32KWells Fargo Bank N aTrustee$32K

The highest reported compensation on the 2026 filing was $32K, to Wells Fargo Bank N a (Trustee).

Frequently asked questions about Degner Glenn Tr FBO Steele County

How much does Degner Glenn Tr FBO Steele County give each year?

Degner Glenn Tr FBO Steele County gave $120K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $108K across 1 grant.

How large is Degner Glenn Tr FBO Steele County?

Degner Glenn Tr FBO Steele County reported $1.9M in total assets on its 2026 IRS Form 990-PF. It paid out $125K in qualifying distributions that year, against a required minimum of $129K (roughly 5% of its investment assets).

Where does Degner Glenn Tr FBO Steele County operate?

Degner Glenn Tr FBO Steele County has awarded grants in Minnesota.

What is Degner Glenn Tr FBO Steele County's EIN?

Degner Glenn Tr FBO Steele County's EIN (Employer Identification Number) is 20-2602062. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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