Robert and Penelope Steiner Family

CHICAGO, IL EIN: 87-1791008

Robert and Penelope Steiner Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $270K in total assets. In 2024, it awarded 9 grants totaling $2.6M. Net investment income was $430.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$270K

-69.9% YoY

Annual Giving

$2.6M

+69.6% YoY

Grant Count

9

-25.0% YoY

Avg Grant Size

$291K

+126.2% YoY

Under IRS private-foundation payout rules, Robert and Penelope Steiner Family reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

About Robert and Penelope Steiner Family

Based on IRS filings

Robert and Penelope Steiner Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $270K in total assets. In 2024, it awarded 9 grants totaling $2.6M. Net investment income was $430.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

ChicagoMadisonNew YorkWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$767K$2M$2M$3M2021202220232024
Metric202420232022
Total Assets$270,498$897,397$457,629
Revenue$2,002,166$2,000,313$2,000,178
Expenses$2,629,065$1,560,546$1,602,401
Qualifying Distributions$2,629,065$1,560,546$1,577,401
Net Investment Income$430$313$178
Distributable Amount$25,862$41,476$30,150

Giving Over Time

Total grant dollars and number of grants per year

$0$655K$1M$2M$3M1 grants20218 grants202212 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

LYRIC OPERA OF CHICAGO$1.1MART INSTITUTE OF CHICAGO$500KCHICAGO INTERNATIONAL FI…$450KTHE JOFFREY BALLET$200KPOSSE FOUNDATION INC$100KVIVERY COMMUNITY$100KUNITED STATES HOLOCAUST …$69KGRANT PARK MUSIC FESTIVAL$50KNEWBERRY LIBRARY$50K

Grant Size Distribution

30 grants across all recorded years

3<$50K10$50–100K9$100–250K1$250–500K5$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lyric Opera of Chicago ($1,100,000), Art Institute of Chicago ($500,000), Chicago International Film Festival Inc Cinema-chicago ($450,000).

RecipientPurposeAmount
ART INSTITUTE OF CHICAGO CHICAGO, ILGENERAL FUND$500,000
CHICAGO INTERNATIONAL FILM FESTIVAL INC CINEMA-CHICAGO CHICAGO, ILGENERAL FUND$450,000
GRANT PARK MUSIC FESTIVAL CHICAGO, ILGENERAL FUND$50,000
LYRIC OPERA OF CHICAGO CHICAGO, ILGENERAL FUND$1,100,000
NEWBERRY LIBRARY CHICAGO, ILGENERAL FUND$50,000
POSSE FOUNDATION INC NEW YORK, NYGENERAL FUND$100,000
THE JOFFREY BALLET CHICAGO, ILGENERAL FUND$200,000
UNITED STATES HOLOCAUST MEMORIAL MUSEUM WASHINGTON, DCGENERAL FUND$69,000
VIVERY COMMUNITY CHICAGO, ILGENERAL FUND$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PENELOPE STEINERTRUSTEE1
ROBERT M STEINER JRTRUSTEE1
NICOLE STEINERTRUSTEE1
CHARLES L EDWARDSTRUSTEE1
SUZANNE JESSUPTRUSTEE1
MICHAEL HESSTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Robert and Penelope Steiner Family?

Robert and Penelope Steiner Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $270K in total assets as of 2024.

How large is Robert and Penelope Steiner Family?

As of 2024, Robert and Penelope Steiner Family holds $270K in total assets with $2.0M in annual revenue. It awarded 9 grants totaling $2.6M in 2024.

Where does Robert and Penelope Steiner Family operate?

Robert and Penelope Steiner Family has awarded grants in District of Columbia, Illinois, New York, Wisconsin.

What size grants does Robert and Penelope Steiner Family award?

In 2024, Robert and Penelope Steiner Family awarded 9 grants totaling $2.6M — an average of about $291K per grant, based on its IRS Form 990 filings.

How much is Robert and Penelope Steiner Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert and Penelope Steiner Family reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Robert and Penelope Steiner Family's EIN?

Robert and Penelope Steiner Family's EIN (Employer Identification Number) is 87-1791008. IRS Form 990 filing data is available on this page for 2021–2024.

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

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