Roy and Gwen Steeley Foundation Inc logo

Roy and Gwen Steeley Foundation Inc

WILMINGTON, DE EIN: 27-3900311 Website

The Roy and Gwen Steeley Foundation is a private family foundation headquartered in Martinsburg, West Virginia. Designated as a 501(c)(3) organization, it operates as an independent private grantmaking foundation committed to investing in education throughout West Virginia.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$53.3M

+3.1% YoY

Annual Giving

$2.4M

+4.2% YoY

Grant Count

77

-1.3% YoY

Avg Grant Size

$31K

+5.5% YoY

Under IRS private-foundation payout rules, Roy and Gwen Steeley Foundation Inc reported a distributable amount of $3.0M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Vision: Overcoming financial barriers to the pursuit of educational opportunities, creating an educated and economically advanced Mountain State.

Core Values: Integrity, Opportunity, Responsibility, Excellence, Collaboration, and Accountability

The foundation's primary focus is providing funding for scholarships and educational grants. The foundation is dedicated to strengthening West Virginia communities through educational investment.

Grantmaking

The foundation provides funding for grants on an **invitation-only basis**. Unsolicited grant requests will not be acknowledged.

How to Apply

available through their website.

Ready to take the next step with Roy and Gwen Steeley Foundation Inc?

Geographic Focus

Where this funder awards grants

The foundation focuses its funding efforts on West Virginia, with particular emphasis on strengthening communities throughout the state.

Grant Distribution by State

11states
+3 more states

Cities

AshevilleAthensBaton RougeBerkeley SpgsBerkeley SpringsBooneBridgeportBronxBuckhannonCharles TownCharlestonCharlotteCumberlandFairmontFalling WtrsGallatinGerrardstownGlenvilleHarrisonburgHighland

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $51.8 million
  • Revenue: $3.64 million
  • Expenses: $2.78 million
  • Total Liabilities: $0

Tax-Exempt Status: April 2011

EIN: 27-3900311

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M20202021202220232024
Metric202420232022
Total Assets$53,343,140$51,759,441$50,872,906
Revenue$4,572,307$3,638,061$5,143,853
Expenses$2,994,823$2,781,058$3,448,055
Qualifying Distributions$2,777,189$2,595,211$3,210,496
Net Investment Income$4,351,675$3,129,605$4,607,310
Distributable Amount$3,023,473$2,775,599$2,768,555

Giving Over Time

Total grant dollars and number of grants per year

$0$723K$1M$2M$3M71 grants202083 grants202198 grants202278 grants202377 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MORGAN COUNTY PARTNERSHI…$207KTHE EDUCATION ALLIANCE-B…$200KBLUE RIDGE COMMUNITY & T…$175KLIBERA INC$150KJAMES RUMSEY TECHNICAL I…$119KTELAMON CORPORATION$116KHINTON AREA FOUNDATION INC$100KUNITED WAY OF THE EASTER…$100KBERKELEY COUNTY COMMISSION$87KDRISWOOD ELEMENTARY SCHOOL$78K

Grant Size Distribution

250 grants across all recorded years

186<$50K24$50–100K36$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Morgan County Partnership Inc ($206,520), The Education Alliance-business and Community for ($200,000), Blue Ridge Community & Technical College Foundatio ($175,000).

RecipientPurposeAmount
AIRBORNE CHRISTIAN ACADEMY INC MARTINSBURG, WVlaptop Fund$10,000
AIRBORNE CHURCH INC MARTINSBURG, WVGeneral & Unrestricted$1,000
BERKELEY COUNTY COMMISSION MARTINSBURG, WVequipment support for Berkeley County Sherriff's office$86,755
BLUE RIDGE COMMUNITY & TECHNICAL COLLEGE FOUNDATIO MARTINSBURG, WVWVEDA Fund$175,000
BOYS & GIRLS CLUB OF THE EASTERN PANHANDLE CHARLES TOWN, WVGeneral & Unrestricted$1,500
CHARLES TOWN MIDDLE SCHOOL CHARLES TOWN, WVLibrary redesign - creative hub and school store transformation fund$38,000
CHILDRENS HOME SOCIETY OF WEST VIRGINIA CHARLESTON, WVGeneral & Unrestricted$10,000
DAY REPORT CENTER MARTINSBURG, WVGeneral & Unrestricted$5,000
DRISWOOD ELEMENTARY SCHOOL SHENANDOAH JUNCTION, WVMulti sensory build out fund$78,000
EASTERN PANHANDLE REGIONAL PLANNING & DEVELOPMENT MARTINSBURG, WVNon profit grant writer$72,083

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Adam SandersDir, Pres, Treas$157KMary Ann RaunSec$101K

From 2024 filing

NameTitleHoursCompensation
Colleen HappyDir1
Hank HappyDir, Chairman of the Board1
Benjamin Franklin Lewis JrDir1
Mary Ann RaunSec40$101,280
Adam SandersDir, Pres, Treas40$156,780
Alissa SteeleyDir1
Brian SteeleyDir1
Kevin L SteeleyDir1
Leslie SteeleyDir1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Roy and Gwen Steeley Foundation Inc fund?

**Vision:** Overcoming financial barriers to the pursuit of educational opportunities, creating an educated and economically advanced Mountain State. **Core Values:** Integrity, Opportunity, Responsibility, Excellence, Collaboration, and Accountability The foundation's primary focus is providing funding for scholarships and educational grants. The foundation is dedicated to strengthening West Virginia communities through educational investment.

How do I apply for a grant from Roy and Gwen Steeley Foundation Inc?

The foundation provides funding for grants on an **invitation-only basis**. Unsolicited grant requests will not be acknowledged. The foundation offers scholarship programs, with a dedicated scholarship application process available through their website.

Where does Roy and Gwen Steeley Foundation Inc make grants?

The foundation focuses its funding efforts on West Virginia, with particular emphasis on strengthening communities throughout the state.

What size grants does Roy and Gwen Steeley Foundation Inc award?

In 2024, Roy and Gwen Steeley Foundation Inc awarded 77 grants totaling $2.4M — an average of about $31K per grant, based on its IRS Form 990 filings.

How much is Roy and Gwen Steeley Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Roy and Gwen Steeley Foundation Inc reported a distributable amount of $3.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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