Hardeman-Steele Foundation Inc

Foundation · Grantmaker Greenwood, MS EIN: 64-0853619

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

2states

Share of all 12 itemized 2025 grant dollars.

Cities

GreenwoodGreenwodMiamiMadisonStoneville

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K2 grants20200 grants20211 grants20225 grants20238 grants202412 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Greenwood Leflore Educational: $68K across 3 grantsGreenwood Leflore Educational$68K · 3 grantsLeflore County 4H: $10KLeflore County 4H$10KLocus Benedictus: $10KLocus Benedictus$10KKillebrew Ag Foundation: $8KKillebrew Ag Foundation$8KCommunity Food Pantry: $5KCommunity Food Pantry$5KSouthern Mutts Rescue Inc: $5KSouthern Mutts Rescue Inc$5KLeflore County Humane Society: $5KLeflore County Humane Society$5KGreenwood Mentoring Group: $5KGreenwood Mentoring Group$5KGreenwood Ms Cemetery Association: $2KGreenwood Ms CemeteryAssociation$2KOur Little Roses Foreign Mission Society: $1KOur Little Roses ForeignMission Society$1K

Grant Size Distribution

26 grants across all recorded years

24<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
GREENWOOD LEFLORE EDUCATIONAL Greenwod, MSUNRESTRICTED$35,000
GREENWOOD LEFLORE EDUCATIONAL Greenwood, MSUNRESTRICTED$30,260
Leflore County 4H Greenwood, MSIt is youth organization that helps the youth to learn about animals.$10,400
LOCUS BENEDICTUS Greenwood, MSThe organization helps people deal with crisis situations such as poverty and addiction.$10,000
KILLEBREW AG FOUNDATION Madison, MSUNRESTRICTED$7,500
COMMUNITY FOOD PANTRY Greenwood, MSThe food pantry is a community organization that helps feed the greenwood community$5,000
SOUTHERN MUTTS RESCUE INC Greenwood, MSThe organization adopts, fosters, and rescues animals in the Greenwood community.$5,000
LEFLORE COUNTY HUMANE SOCIETY Greenwood, MSThe organization adopts, fosters, and rescues animals in the Greenwood community.$5,000
GREENWOOD MENTORING GROUP Greenwood, MSThis 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, MSUNRESTRICTED$2,900

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K202020212022202320242025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. Added Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
  8. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  9. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  10. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
  11. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
  12. 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.

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