Steans Family Foundation
Steans Family Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $293.8M in total assets. In 2024, it awarded 2 grants totaling $41.3M. Net investment income was $35.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$293.8M
-0.5% YoY
Annual Giving
$41.3M
+61.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$20.6M
+61.5% YoY
Under IRS private-foundation payout rules, Steans Family Foundation reported a distributable amount of $19.3M for 2024 — the minimum it must pay out in qualifying distributions.
About Steans Family Foundation
Based on IRS filings
Steans Family Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $293.8M in total assets. In 2024, it awarded 2 grants totaling $41.3M. Net investment income was $35.0M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $293,777,126 | $295,276,982 | $292,913,090 |
| Revenue | $64,218,942 | $19,229,441 | $13,036,410 |
| Expenses | $53,723,850 | $31,911,191 | $23,173,338 |
| Qualifying Distributions | $50,287,743 | $36,677,851 | $22,731,307 |
| Net Investment Income | $34,972,285 | $17,636,244 | $12,661,024 |
| Distributable Amount | $19,309,394 | $16,762,988 | $16,854,731 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Grants- See Attached List ($21,919,908), Nlis Fillmore Center ($19,374,344).
| Recipient | Purpose | Amount |
|---|---|---|
| GRANTS- SEE ATTACHED LIST VARIOUS, IL | GENERAL SUPPORT | $21,919,908 |
| NLIS FILLMORE CENTER VARIOUS, IL | GENERAL SUPPORT | $19,374,344 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEATHER STEANS | PRESIDENT | 20 | — |
| ROBIN STEANS | VICE PRESIDENT/SECRETARY | 5 | — |
| JENNIFER STEANS | TREASURER | 5 | — |
| JAMES KASTENHOLZ | TRUSTEE | — | — |
| LEO SMITH | TRUSTEE | — | — |
| LEONARD GAIL | TRUSTEE | — | — |
| PATRICIA FORD | EXECUTIVE DIRECTOR | 40 | — |
Frequently Asked Questions
How large is Steans Family Foundation?
As of 2024, Steans Family Foundation holds $293.8M in total assets with $64.2M in annual revenue. It awarded 2 grants totaling $41.3M in 2024.
Where does Steans Family Foundation operate?
Steans Family Foundation has awarded grants in Illinois.
What size grants does Steans Family Foundation award?
In 2024, Steans Family Foundation awarded 2 grants totaling $41.3M — an average of about $20.6M per grant, based on its IRS Form 990 filings.
How much is Steans Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Steans Family Foundation reported a distributable amount of $19.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Steans Family Foundation's EIN?
Steans Family Foundation's EIN (Employer Identification Number) is 36-3486843. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Steans Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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