Steel Family Charitable Foundation Inc

Private foundation · Grantmaker Indianapolis, IN EIN: 35-2033546

Steel Family Charitable Foundation Inc is a private foundation, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. Net investment income was $5K.

Key facts about Steel Family Charitable Foundation Inc

EIN
35-2033546
Latest 990 filing
Form 990-PF, 2024

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Revenue

$11K

-69.4% YoY

Net Investment Income

$5K

-78.6% YoY

Expenses

$6K

-87.9% YoY

Under IRS private-foundation payout rules, Steel Family Charitable Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

How Steel Family Charitable Foundation Inc gives

  • Giving held roughly steady from 2020 to 2023 (−16%). Method
  • In 2023 it paid out 109% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

IndianapolisEmmitsburgEvanstonBattle GroundCarmelSalt Lake CityYoungsville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K5 grants2020 9 grants2021 4 grants2022 5 grants2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $29K (2021) to $44K (2020). In 2023 it made 5 grants totaling $36K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 23 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$586,207$598,969
Revenue$11,092$36,192$47,449
Expenses$5,924$48,954$39,070
Qualifying Distributions—$36,410$35,352
Net Investment Income$5,168$24,100$32,530
Distributable Amount$6,583$33,387$35,216

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Steel Family Charitable Foundation Inc is led by G. Donald Steel, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • G. Donald Steel

    President

    On filings since 2020

    No compensation reported

  • Eric R. Steel

    Director

    On filings since 2020

    No compensation reported

  • John T. Steel

    Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Steel Family Charitable Foundation Inc

Where does Steel Family Charitable Foundation Inc operate?

Steel Family Charitable Foundation Inc has awarded grants in Illinois, Indiana, Maryland, North Carolina, Utah.

How much is Steel Family Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Steel Family Charitable Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Steel Family Charitable Foundation Inc's EIN?

Steel Family Charitable Foundation Inc's EIN (Employer Identification Number) is 35-2033546. IRS Form 990 filing data is available on this page for 2020–2024.

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

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