Roy and Gwen Steeley Foundation Inc
The Roy and Gwen Steeley Foundation is a private family foundation based in Martinsburg, West Virginia. It invests in education in West Virginia, with the stated vision of overcoming financial barriers to educational opportunities and helping create an educated and economically advanced Mountain State.
Roy and Gwen Steeley Foundation Inc at a glance
In short: Roy and Gwen Steeley Foundation Inc gave $2.5M across 84 grants in 2025 (avg $30K), mostly in West Virginia. 33% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,545,845
- +7.9% vs 2024
- Grants made (2025)
- 84
- +9.1% vs 2024
- Average grant
- $30,308
- -1.1% vs 2024
- Median grant
- $13,230
- Total assets
- $54,318,299
- +1.8% vs 2024
- New grantees (estimate)
- 33% first-time grantees (11 of 33, 2025)
- Primary geography
- West Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Roy and Gwen Steeley Foundation Inc
- Accepts unsolicited proposals
- No
- Invitation Only
-
The foundation makes grants on an invitation-only basis and does not accept unsolicited requests. It states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Website: https://steeleyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Roy and Gwen Steeley Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Morgan County Schools ($273K across 2 grants). Together the top 10 received $1.6M.
Organizations only. It also paid 2 individual scholarships ($107,320), which are not listed by name.
Grant Size Distribution
420 grants across all recorded years
The most common grant size was under $50K: 344 grants of 420 (82%).
Geographic Focus
Where this funder awards grants
The foundation states that it invests in education in West Virginia. All reported 2025 grant dollars went to recipients in West Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 84 itemized grants.
States
Cities
Is Roy and Gwen Steeley Foundation Inc open to new grantees?
33%
first-time grantees, 2025
In 2025, 11 of 33 grantees (33%) were first-time recipients. First grants averaged $15K; repeat grants $83K. How we count
Medians: $5K first-time, $50K repeat.
- 42% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 it paid out 95% 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 (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2.1M (2021) to $2.9M (2022). In 2025 it made 84 grants totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morgan County Schools Berkeley Springs, WV | for computer lab upgrade at Berkeley Springs High School, for carpentry lab and Warm Springs Middle School, materials needed to build out a fully self-contained special ed classroom at Warm Springs Middle School, to purchase 20 pairs of talkabout radios for Warm Springs Middle School, to purchase and install a greenhouse at Paw Paw School | $167,810 |
| Wheeling Country Day School Wheeling, WV | Dyscalculia pilot implementation for two years | $150,000 |
| Martinsburg Initiative Inc Martinsburg, WV | Drug free communities Fund | $125,000 |
| Berkeley County Schools Martinsburg, WV | To purchase and install an Adaptive and Sensory Playground at Marlow Elementary School | $119,646 |
| Libera Inc Morgantown, WV | to "bridge" the gap for awarded grants caused by either a delay or reimbursable type grant | $114,000 |
| Stars That Shine Charles Town, WV | Salary Support fund for (Full Time Salary and Benefits) for the Director Position and Salary for Two Part-Time Staff Members | $110,000 |
| Morgan County Schools Berkeley Springs, WV | Salary and benefits fund for the Regional Implementation Manager | $105,000 |
| 1 individual scholarship Recipients not named | — | $100,000 |
| United Way of the Eastern Panhandle Inc Martinsburg, WV | Unity Campaign | $100,000 |
| United Way of the Eastern Panhandle Inc Martinsburg, WV | Unity Campaign | $100,000 |
Ready to take the next step with Roy and Gwen Steeley Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $54,318,299 | $4,181,927 | $3,206,768 | $2,545,845 | 84 | $2,992,074 | $4,019,121 | $3,163,656 |
| 2024 | $53,343,140 | $4,572,307 | $2,994,823 | $2,360,066 | 77 | $2,777,189 | $4,351,675 | $3,023,473 |
| 2023 | $51,759,441 | $3,638,061 | $2,781,058 | $2,265,461 | 78 | $2,595,211 | $3,129,605 | $2,775,599 |
| 2022 | $50,872,906 | $5,143,853 | $3,448,055 | $2,890,737 | 98 | $3,210,496 | $4,607,310 | $2,768,555 |
| 2021 | $49,177,108 | $4,978,919 | $2,623,324 | $2,116,925 | 83 | $2,429,005 | $4,417,346 | $3,023,697 |
| 2020 | $46,811,643 | $2,124,269 | $2,673,060 | $2,223,925 | 71 | — | $1,584,904 | $2,422,747 |
Under IRS private-foundation payout rules, Roy and Gwen Steeley Foundation Inc reported a distributable amount of $3.2M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation says it is committed to investing in education in West Virginia. Its 2025 grants included school and college projects, educational program support, and funding for community organizations. For example, Wheeling Country Day School received support for a two-year dyscalculia pilot; an individual recipient Community & Technical College Foundation received funding for its Opportunity Scholarship program; and Morgan County Schools received funding for school facilities, equipment, and staff.
Grantees describe a range of missions. Wheeling Country Day School says it provides preschool-through-grade-eight education that fosters a love of learning, independence, resourcefulness, intellectual potential, and responsible citizenship. Libera Inc says it educates and empowers West Virginia women and teens to find freedom. United Way of the Eastern Panhandle says it works to improve education, health, and financial stability through community giving, advocacy, and volunteering.
Grantmaking
In 2025, the foundation made 84 grants totaling $2,545,845. Grants ranged from $170 to $167,810, with a median of $13,230. Notable awards included $167,810 to Morgan County Schools for school upgrades and materials; $150,000 to Wheeling Country Day School for a two-year dyscalculia pilot; $125,000 to Martinsburg Initiative Inc for its Drug Free Communities Fund; and $119,646 to Berkeley County Schools for an adaptive and sensory playground at Marlow Elementary School. Other awards included $114,000 to Libera Inc, $110,000 to Stars That Shine for staff salary support, and $100,000 each to an individual recipient Community & Technical College Foundation and United Way of the Eastern Panhandle.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Adam Sanders as director, president, and treasurer; Hank Happy as director and chairman of the board; and Mary Ann Raun as secretary. Other directors listed are Paula K Bromley, Colleen Happy, Benjamin Franklin Lewis Jr, Alissa Steeley, Brian Steeley, Kevin L Steeley, and Leslie Steeley.
Roy and Gwen Steeley Foundation Inc is led by Adam Sanders, Director, President & Treasurer on every filing since 2020; 2 of 10 officers listed in 2025 are compensated.
Officers on the 2025 filing
Adam Sanders
Director, President & Treasurer
On filings since 2020
40 hrs/week
$132K (2020) → $157K (2025)
Hank Happy
Director & Chairman of the Board
On filings since 2020
1 hr/week
No compensation reported
Alissa Steeley
Director
On filings since 2020
1 hr/week
No compensation reported
Benjamin Franklin Lewis Jr.
Director
On filings since 2020
1 hr/week
No compensation reported
Brian Steeley
Director
On filings since 2020
1 hr/week
No compensation reported
Colleen Happy
Director
On filings since 2020
1 hr/week
No compensation reported
Kevin L Steeley
Director
On filings since 2020
1 hr/week
No compensation reported
Leslie Steeley
Director
On filings since 2020
1 hr/week
No compensation reported
Paula K Bromley
Director
New on the 2025 filing
1 hr/week
No compensation reported
Mary Ann Raun
Secretary
On filings since 2020
40 hrs/week
$78K (2020) → $101K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $157K, to Adam Sanders (Dir, Pres, Treas). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Roy and Gwen Steeley Foundation Inc
How much does Roy and Gwen Steeley Foundation Inc give each year?
Roy and Gwen Steeley Foundation Inc gave $2.5M across 84 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.4M across 77 grants.
What is Roy and Gwen Steeley Foundation Inc's typical grant size?
Roy and Gwen Steeley Foundation Inc's median grant in 2025 was $13,230, and its average grant was $30,308, across 84 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Roy and Gwen Steeley Foundation Inc that year got $15K on average.
Where does Roy and Gwen Steeley Foundation Inc give grants?
Roy and Gwen Steeley Foundation Inc gives mostly in West Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Morgantown, WV (24 grants), Martinsburg, WV (15 grants), Shepherdstown, WV (11 grants) and Charles Town, WV (6 grants).
Does Roy and Gwen Steeley Foundation Inc give general operating support?
Yes: 17% of Roy and Gwen Steeley Foundation Inc's 2025 grants with a stated purpose (14 of 84) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarship GRANT" (37 grants).
Who are Roy and Gwen Steeley Foundation Inc's largest grantees?
Roy and Gwen Steeley Foundation Inc's largest 2025 grantees include Morgan County Schools ($272,810 across 2 grants), Martinsburg Initiative Inc ($220,000 across 4 grants) and Berkeley County Schools ($204,871 across 2 grants), according to its 2025 IRS Form 990-PF. It also paid 2 individual scholarships ($107,320), which are not listed by name. Together they received 27% of its itemized 2025 grant dollars.
How large is Roy and Gwen Steeley Foundation Inc?
Roy and Gwen Steeley Foundation Inc reported $54.3M in total assets on its 2025 IRS Form 990-PF. It paid out $3.0M in qualifying distributions that year, against a required minimum of $3.2M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Roy and Gwen Steeley Foundation Inc fund?
The foundation says it is committed to investing in education in West Virginia. Its 2025 grants included school and college projects, educational program support, and funding for community organizations. See mission & focus areas ↑
How do I apply for a grant from Roy and Gwen Steeley Foundation Inc?
The foundation makes grants on an invitation-only basis and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Roy and Gwen Steeley Foundation Inc's EIN?
Roy and Gwen Steeley Foundation Inc's EIN (Employer Identification Number) is 27-3900311. IRS Form 990 filing data is available on this page for 2020–2025.
Does Roy and Gwen Steeley Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 10, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Roy and Gwen Steeley Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
Puget Sound Energy Foundation
Wilmington, DE
The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
Wilmington, DE
Assets
$747K
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
Wilmington, DE
Assets
$193K
Grants
330
Total Given
$192K
More similar funders
More Funders in Delaware
Cite this profile
Grantable. (2026). Roy and Gwen Steeley Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/roy-and-gwen-steeley-foundation-inc-morg_1ded355cf0224569afa1a4e216ee8705
BibTeX
@misc{grantable_273900311_2026,
author = {{Grantable}},
title = {{Roy and Gwen Steeley Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/roy-and-gwen-steeley-foundation-inc-morg_1ded355cf0224569afa1a4e216ee8705},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Roy and Gwen Steeley Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Roy and Gwen Steeley Foundation Inc down — hundreds of funders to go?