Steven R Michels Charitable Foundation

Foundation · Grantmaker Brownsville, WI EIN: 72-1528213

Steven R Michels Charitable Foundation is a private foundation focused on Education, based in Brownsville, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 6 grants totaling $1.0M. Net investment income was $283K.

Key facts about Steven R Michels Charitable Foundation

EIN: 72-1528213
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,012,000
Grants made (2024): 6
Average grant: $168,667
Median grant: $52,500
Total assets: $1,461,282
Primary geography: Wisconsin (49% of itemized 2024 grant dollars)

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

Who Steven R Michels Charitable Foundation funds

By grant dollars, the top recipient states for Steven R Michels Charitable Foundation's 6 itemized 2024 grants were Wisconsin (49%) and Indiana (49%). The most frequent recipient cities were Scottsdale, AZ (2 grants). 83% of grants with a stated purpose were for general or operating support.

How Steven R Michels Charitable Foundation gives

Giving grew 598% from 2021 to 2024. Method
In 2024 it paid out 979% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Steven R Michels Charitable Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-24.9% YoY

Annual Giving

$1.0M

-16.9% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$169K

+10.8% YoY

Under IRS private-foundation payout rules, Steven R Michels Charitable Foundation reported a distributable amount of $103K for 2024 — the minimum it must pay out in qualifying distributions.

About Steven R Michels Charitable Foundation

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $500K (49%)

Indiana $500K (49%)

Arizona $7K (1%)

California $5K (0%)

Share of all 6 itemized 2024 grant dollars.

States

Arizona California Indiana Nevada Texas Washington Wisconsin

Cities

ScottsdaleIndianapolisMequonBeverly HillsIndianaolisMilwaukeeHoustonLas VegasLos AngelesUniversity Place

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,461,282	$1,945,294	$325,509
Revenue	$535,316	$2,840,121	$16,493
Expenses	$1,019,328	$1,220,336	$7,912
Qualifying Distributions	$1,013,032	$1,218,981	$5,985
Net Investment Income	$282,623	$38,331	$13,489
Distributable Amount	$103,486	$102,544	$33,472

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Delta Chi Educational Foundation ($500,000), Marquette University ($400,000), Be the Difference Nil Inc ($100,000).

Recipient	Purpose	Amount
DELTA CHI EDUCATIONAL FOUNDATION Indianapolis, IN	GENERAL SUPPORT	$500,000
MARQUETTE UNIVERSITY Milwaukee, WI	AHPRC II/BASKETBALL PRACTICE FACILITY	$400,000
BE THE DIFFERENCE NIL INC Mequon, WI	GENERAL SUPPORT	$100,000
OSCF ONE STEP CLOSER FOUNDATION INC Beverly Hills, CA	GENERAL SUPPORT	$5,000
STACY FUSON FOUNDATION Scottsdale, AZ	GENERAL SUPPORT	$5,000
MAKE A WISH FOUNDATION OF ARIZONA INC Scottsdale, AZ	GENERAL SUPPORT	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Steven R Michels	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Steven R Michels Charitable Foundation?

Steven R Michels Charitable Foundation is a private foundation focused on Education, based in Brownsville, WI. It holds $1.5M in total assets as of 2024.

How large is Steven R Michels Charitable Foundation?

As of 2024, Steven R Michels Charitable Foundation holds $1.5M in total assets with $535K in annual revenue. It awarded 6 grants totaling $1.0M in 2024.

Where does Steven R Michels Charitable Foundation operate?

Steven R Michels Charitable Foundation has awarded grants in Arizona, California, Indiana, Nevada, Texas, Washington, Wisconsin.

What size grants does Steven R Michels Charitable Foundation award?

In 2024, Steven R Michels Charitable Foundation awarded 6 grants totaling $1.0M — an average of about $169K per grant, based on its IRS Form 990 filings.

How much is Steven R Michels Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Steven R Michels Charitable Foundation reported a distributable amount of $103K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Steven R Michels Charitable Foundation's EIN?

Steven R Michels Charitable Foundation's EIN (Employer Identification Number) is 72-1528213. IRS Form 990 filing data is available on this page for 2020–2024.