PRL Keystone Foundation Inc

Private foundation · Grantmaker Madison, WI EIN: 87-3127665

PRL Keystone Foundation Inc is a private foundation, based in Madison, WI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $302K in total assets. In 2024, it awarded 1 grant totaling $943K.

Key facts about PRL Keystone Foundation Inc

In short: PRL Keystone Foundation Inc gave $943K across 1 grant in 2024 (avg $943K), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.

EIN
87-3127665
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$943,392
Grants made (2024)
1
Average grant
$943,392
Median grant
$943,392
Total assets
$302,298
Primary geography
Wisconsin (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$302K

+63.7% YoY

Annual Giving

$943K

+57.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$943K

+57.6% YoY

Under IRS private-foundation payout rules, PRL Keystone Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

How PRL Keystone Foundation Inc gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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 the 2024 grant dollars on its one itemized grant.

States

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M1 grant2022 1 grant2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $412K (2022) to $943K (2024). In 2024 it made 1 grant totaling $943K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K2$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 2 grants of 3 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached Schedule Various, WIGeneral$943,392

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$1M$2M$3M2022 2023 2024
Metric202420232022
Total Assets$302,298$184,666$335,295
Revenue$1,858,783$828,954$882,434
Expenses$1,752,251$984,736$547,139
Qualifying Distributions$1,727,530$1,025,436$604,352
Distributable Amount$6,513$7,624$8,711

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

PRL Keystone Foundation Inc is led by Becky Steinhoff, President & Director on every filing since 2022; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Becky Steinhoff

    President & Director

    On filings since 2022

    20 hrs/week

    No compensation reported

  • Sheri Kole

    Treasurer & Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Timothy Ulfig

    Secretary & Director

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "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 PRL Keystone Foundation Inc

How much does PRL Keystone Foundation Inc give each year?

PRL Keystone Foundation Inc gave $943K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $599K across 1 grant.

How large is PRL Keystone Foundation Inc?

PRL Keystone Foundation Inc reported $302K in total assets on its 2024 IRS Form 990-PF. It paid out $1.7M in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).

Where does PRL Keystone Foundation Inc operate?

PRL Keystone Foundation Inc has awarded grants in Wisconsin.

What is PRL Keystone Foundation Inc's EIN?

PRL Keystone Foundation Inc's EIN (Employer Identification Number) is 87-3127665. IRS Form 990 filing data is available on this page for 2022–2024.

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

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