Mae K Steele Trust

Foundation · Grantmaker CLAYTON, MO EIN: 37-6115408

Mae K Steele Trust is a private foundation, based in CLAYTON, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.6M in total assets. In 2024, it awarded 2 grants totaling $356K. Net investment income was $311K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.6M

-1.0% YoY

Annual Giving

$356K

-8.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$178K

-8.7% YoY

Under IRS private-foundation payout rules, Mae K Steele Trust reported a distributable amount of $390K for 2024 — the minimum it must pay out in qualifying distributions.

About Mae K Steele Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $925K (50%)

Indiana $925K (50%)

States

Indiana New York

Cities

JeffersonvilleNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,647,895	$6,712,310	$7,033,910
Revenue	$367,495	$145,795	$198,837
Expenses	$427,047	$458,318	$478,153
Qualifying Distributions	$369,523	$403,059	$418,083
Net Investment Income	$311,317	$123,392	$150,731
Distributable Amount	$390,342	$368,983	$401,038

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Bible Study ($177,965), Presbyterian Church Foundation ($177,965).

Recipient	Purpose	Amount
AMERICAN BIBLE STUDY NEW YORK, NY	GENERAL OPERATIONS	$177,965
PRESBYTERIAN CHURCH FOUNDATION JEFFERSONVILLE, IN	GENERAL OPERATIONS	$177,965

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Mae K Steele Trust?

As of 2024, Mae K Steele Trust holds $6.6M in total assets with $367K in annual revenue. It awarded 2 grants totaling $356K in 2024.

Where does Mae K Steele Trust operate?

Mae K Steele Trust has awarded grants in Indiana, New York.

What size grants does Mae K Steele Trust award?

In 2024, Mae K Steele Trust awarded 2 grants totaling $356K — an average of about $178K per grant, based on its IRS Form 990 filings.

How much is Mae K Steele Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mae K Steele Trust reported a distributable amount of $390K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.