Steven C & Susan L Fiterman Charitable Foundation

Private foundation · Grantmaker Golden Valley, MN EIN: 41-1582108

Steven C & Susan L Fiterman Charitable Foundation is a private foundation, based in Golden Valley, MN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $160K. Net investment income was $767.

Key facts about Steven C & Susan L Fiterman Charitable Foundation

In short: Steven C & Susan L Fiterman Charitable Foundation gave $160K across 4 grants in 2021 (avg $40K), mostly in Indiana. Source: 2021 IRS Form 990-PF.

EIN
41-1582108
Latest 990 filing
Form 990-PF, 2021
Annual giving (2021)
$159,857
Grants made (2021)
4
Average grant
$39,964
Median grant
$9,520
Primary geography
Indiana (88% of itemized 2021 grant dollars)

Data from IRS Form 990-PF, 2021; updated September 2026.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$160K

+626.6% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$40K

+263.3% YoY

Under IRS private-foundation payout rules, Steven C & Susan L Fiterman Charitable Foundation reported a distributable amount of $13K for 2021 — the minimum it must pay out in qualifying distributions.

How Steven C & Susan L Fiterman Charitable Foundation gives

  • In 2021 it paid out well above 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

Share of 2021 grant dollars across all 4 itemized grants.

Cities

PendletonIndianapolisIndianolaNaplesWillmar

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K2 grants2020 4 grants2021

From 2020 to 2021, annual grant giving ranged from $22K (2020) to $160K (2021). In 2021 it made 4 grants totaling $160K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2021

Morgan Stanley Global Impact Funding Trust Inc (Ms Gift): $141KMorgan Stanley Global ImpactFunding Trust Inc (Ms Gift)$141KBMCC Foundation Inc: $12KBMCC Foundation Inc$12KSimpson College: $8KSimpson College$8KGuadalupe Center: $57Guadalupe Center$57

The largest 2021 recipient was Morgan Stanley Global Impact Funding Trust Inc (Ms Gift) ($141K). Together the top 4 received $160K.

Grant Size Distribution

6 grants across all recorded years

5<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 6 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Morgan Stanley Global Impact Funding Trust Inc (Ms Gift) Indianapolis, INProgram Support$140,761
BMCC Foundation Inc Pendleton, ORSupport for students in programs such as diesel technology$11,539
Simpson College Indianola, IAProgram Support$7,500
Guadalupe Center Naples, FLProgram Support$57

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021
Metric20212020
Total Assets—$141,437
Revenue$22,308$23,466
Expenses$163,745$25,119
Qualifying Distributions$160,382—
Net Investment Income$767$877
Distributable Amount$13,491$10,907

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. IRS filings on file for fiscal year 2021

Leadership & Key People

Officers and directors from IRS filings

Steven C & Susan L Fiterman Charitable Foundation's 2021 filing lists 2 officers; none of the 2 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • Steven C. Fiterman

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Susan L. Fiterman

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2021. "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 Steven C & Susan L Fiterman Charitable Foundation

How much does Steven C & Susan L Fiterman Charitable Foundation give each year?

Steven C & Susan L Fiterman Charitable Foundation gave $160K across 4 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $22K across 2 grants.

What is Steven C & Susan L Fiterman Charitable Foundation's typical grant size?

Steven C & Susan L Fiterman Charitable Foundation's median grant in 2021 was $9,520, and its average grant was $39,964, across 4 grants on its 2021 IRS Form 990-PF.

Where does Steven C & Susan L Fiterman Charitable Foundation give grants?

Steven C & Susan L Fiterman Charitable Foundation gives mostly in Indiana: 88% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest state was Oregon (7%).

Does Steven C & Susan L Fiterman Charitable Foundation give general operating support?

Not in 2021: none of the 4 grants with a stated purpose on Steven C & Susan L Fiterman Charitable Foundation's 2021 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (3 grants).

How much is Steven C & Susan L Fiterman Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Steven C & Susan L Fiterman Charitable Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Steven C & Susan L Fiterman Charitable Foundation's EIN?

Steven C & Susan L Fiterman Charitable Foundation's EIN (Employer Identification Number) is 41-1582108. IRS Form 990 filing data is available on this page for 2020–2021.

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

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