Hardeman-Steele Foundation Inc
Hardeman-Steele Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greenwood, MS. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 12 grants totaling $120K. Net investment income was $69K.
Key facts about Hardeman-Steele Foundation Inc
In short: Hardeman-Steele Foundation Inc gave $120K across 12 grants in 2025 (avg $10K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.
- EIN
- 64-0853619
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $119,500
- Grants made (2025)
- 12
- Average grant
- $9,958
- Median grant
- $5,000
- Total assets
- $1,016,876
- Primary geography
- Mississippi (99% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.0M
-7.2% YoY
Annual Giving
$120K
-15.6% YoY
Grant Count
12
+50.0% YoY
Avg Grant Size
$10K
-43.7% YoY
Under IRS private-foundation payout rules, Hardeman-Steele Foundation Inc reported a distributable amount of $143K for 2025 — the minimum it must pay out in qualifying distributions.
How Hardeman-Steele Foundation Inc gives
- 40% of 2025 grantees were also funded in 2024. Method
- Giving grew 497% from 2022 to 2025. Method
- In 2025 it paid out 84% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| GREENWOOD LEFLORE EDUCATIONAL Greenwod, MS | UNRESTRICTED | $35,000 |
| GREENWOOD LEFLORE EDUCATIONAL Greenwood, MS | UNRESTRICTED | $30,260 |
| Leflore County 4H Greenwood, MS | It is youth organization that helps the youth to learn about animals. | $10,400 |
| LOCUS BENEDICTUS Greenwood, MS | The organization helps people deal with crisis situations such as poverty and addiction. | $10,000 |
| KILLEBREW AG FOUNDATION Madison, MS | UNRESTRICTED | $7,500 |
| COMMUNITY FOOD PANTRY Greenwood, MS | The food pantry is a community organization that helps feed the greenwood community | $5,000 |
| SOUTHERN MUTTS RESCUE INC Greenwood, MS | The organization adopts, fosters, and rescues animals in the Greenwood community. | $5,000 |
| LEFLORE COUNTY HUMANE SOCIETY Greenwood, MS | The organization adopts, fosters, and rescues animals in the Greenwood community. | $5,000 |
| GREENWOOD MENTORING GROUP Greenwood, MS | This is organization mentoring and helping the children of the Greenwood Community with school work and provide them a stable environment to go after school to get help with their studies. | $5,000 |
| GREENWOOD LEFLORE EDUCATIONAL Greenwood, MS | UNRESTRICTED | $2,900 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,016,876 | $1,096,037 | $1,097,510 |
| Revenue | $122,520 | $123,979 | $96,774 |
| Expenses | $135,705 | $154,623 | $183,544 |
| Qualifying Distributions | $119,500 | $141,600 | $165,000 |
| Net Investment Income | $69,361 | $95,021 | $99,661 |
| Distributable Amount | $143,113 | $143,491 | $144,121 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- Added Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
Leadership & Key People
Officers and directors from IRS filings
Hardeman-Steele Foundation Inc is led by Eleanor Acosta, President since 2025 (on filings since 2021); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eleanor Acosta
President
Director → Secretary, 2022
Secretary → President, 2025
On filings since 2021
No compensation reported
Jody Acosta
Director
On filings since 2020
No compensation reported
Perry M Whites
Director
On filings since 2020
No compensation reported
Sanford C Thomas
Director
On filings since 2020
No compensation reported
Thomas M Flanagan
Director
On filings since 2021
No compensation reported
Brad Aldridge
Director
New on the 2025 filing
No compensation reported
Anna Lott Jefcoat
Secretary & Treasurer
New on the 2025 filing
No compensation reported
Former officers (4)
- Former: Robert T Hardeman Jr. (2020–2024) — Vice President
- Former: William David Lott (2020–2024) — President
- Former: Eleanor T Hardeman (2020) — Vice President, Secretary & Treasurer
- Former: Sam Fonda (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hardeman-Steele Foundation Inc
How much does Hardeman-Steele Foundation Inc give each year?
Hardeman-Steele Foundation Inc gave $120K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $142K across 8 grants.
What is Hardeman-Steele Foundation Inc's typical grant size?
Hardeman-Steele Foundation Inc's median grant in 2025 was $5,000, and its average grant was $9,958, across 12 grants on its 2025 IRS Form 990-PF.
Where does Hardeman-Steele Foundation Inc give grants?
Hardeman-Steele Foundation Inc gives mostly in Mississippi: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Greenwood, MS (9 grants).
Does Hardeman-Steele Foundation Inc give general operating support?
Yes: 50% of Hardeman-Steele Foundation Inc's 2025 grants with a stated purpose (6 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Hardeman-Steele Foundation Inc's largest grantees?
Hardeman-Steele Foundation Inc's largest 2025 grantees include Greenwood Leflore Educational ($68,160 across 3 grants), Leflore County 4H ($10,400) and Locus Benedictus ($10,000), according to its 2025 IRS Form 990-PF. Together they received 74% of its itemized 2025 grant dollars.
How large is Hardeman-Steele Foundation Inc?
Hardeman-Steele Foundation Inc reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $120K in qualifying distributions that year, against a required minimum of $143K (roughly 5% of its investment assets).
What is Hardeman-Steele Foundation Inc?
Hardeman-Steele Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greenwood, MS. It holds $1.0M in total assets as of 2025.
What is Hardeman-Steele Foundation Inc's EIN?
Hardeman-Steele Foundation Inc's EIN (Employer Identification Number) is 64-0853619. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Hardeman-Steele Foundation Inc by hand.
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