Ralph B and Roma J Steele is a private foundation focused on Education, based in Jasper, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $247K in total assets. In 2024, it awarded 17 grants totaling $17K. Net investment income was $8K.
Key facts about Ralph B and Roma J Steele
- EIN
- 26-6093683
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $17,000
- Grants made (2024)
- 17
- Average grant
- $1,000
- Median grant
- $1,000
- New grantees (estimate)
- 29% first-time grantees (5 of 17, 2024)
- Total assets
- $247,326
- Primary geography
- Indiana (71% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Ralph B and Roma J Steele funds
By grant dollars, the top recipient states for Ralph B and Roma J Steele's 17 itemized 2024 grants were Indiana (71%), Ohio (18%) and Illinois (6%). The most frequent recipient cities were Evansville, IN (4 grants), Bloomington, IN (3 grants) and Cincinnati, OH (2 grants). None of its 17 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (17 grants).
Is Ralph B and Roma J Steele open to new grantees?
29%
first-time grantees, 2024
In 2024, 5 of 17 grantees (29%) were first-time recipients. First grants averaged $1K; repeat grants $1K. How we count
Medians: $1K first-time, $1K repeat.
- 71% of 2024 grantees were also funded in 2023. Method
- Giving grew 24% from 2021 to 2024. Method
- In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Ralph B and Roma J Steele
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$247K
+5.4% YoY
Annual Giving
$17K
+1.2% YoY
Grant Count
17
+0.0% YoY
Avg Grant Size
$1K
+1.2% YoY
Under IRS private-foundation payout rules, Ralph B and Roma J Steele reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About Ralph B and Roma J Steele
Based on IRS filings
Ralph B and Roma J Steele is a private foundation focused on Education, based in Jasper, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $247K in total assets. In 2024, it awarded 17 grants totaling $17K. Net investment income was $8K.
Focus Areas
Ready to take the next step with Ralph B and Roma J Steele?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 17 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $247,326 | $234,622 | $250,818 |
| Revenue | $35,254 | $5,811 | $12,882 |
| Expenses | $22,550 | $22,007 | $19,237 |
| Qualifying Distributions | $18,050 | $17,904 | $19,237 |
| Net Investment Income | $7,924 | $7,217 | $12,882 |
| Distributable Amount | $17,322 | $16,196 | $16,117 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 2024
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Anne Brake ($1,000), Alyssa Harlow ($1,000), Hannah Rasche ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANNE BRAKE Cincinnati, OH | SCHOLARSHIP | $1,000 |
| ALYSSA HARLOW Evansville, IN | SCHOLARSHIP | $1,000 |
| HANNAH RASCHE Evansville, IN | SCHOLARSHIP | $1,000 |
| ALIESE BRANDES Evansville, IN | SCHOLARSHIP | $1,000 |
| AINSLEY PIERCE Cincinnati, OH | SCHOLARSHIP | $1,000 |
| PHILICITY COLLIGNON Oxford, OH | SCHOLARSHIP | $1,000 |
| AVA HARMON Evansville, IN | SCHOLARSHIP | $1,000 |
| NATILEE WAHL Muncie, IN | SCHOLARSHIP | $1,000 |
| ANNA UNDERWOOD Bloomington, IN | SCHOLARSHIP | $1,000 |
| VANESSA MEJIA Bloomington, IN | SCHOLARSHIP | $1,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ralph B and Roma J Steele?
Ralph B and Roma J Steele is a private foundation focused on Education, based in Jasper, IN. It holds $247K in total assets as of 2024.
How large is Ralph B and Roma J Steele?
As of 2024, Ralph B and Roma J Steele holds $247K in total assets with $35K in annual revenue. It awarded 17 grants totaling $17K in 2024.
Where does Ralph B and Roma J Steele operate?
Ralph B and Roma J Steele has awarded grants in Illinois, Indiana, Kentucky, Massachusetts, Missouri, Ohio, Tennessee.
What size grants does Ralph B and Roma J Steele award?
In 2024, Ralph B and Roma J Steele awarded 17 grants totaling $17K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Ralph B and Roma J Steele required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ralph B and Roma J Steele reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ralph B and Roma J Steele's EIN?
Ralph B and Roma J Steele's EIN (Employer Identification Number) is 26-6093683. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.