The Robert K Steel Family Foundation

Foundation · Grantmaker ALBANY, NY EIN: 13-3531990

The Robert K Steel Family Foundation is a private foundation, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $952K in total assets. In 2024, it awarded 4 grants totaling $355K. Net investment income was $265K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$952K

-5.4% YoY

Annual Giving

$355K

-77.9% YoY

Grant Count

+300.0% YoY

Avg Grant Size

$89K

-94.5% YoY

Under IRS private-foundation payout rules, The Robert K Steel Family Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About The Robert K Steel Family Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $13.3M (100%)

States

New York

Cities

AlbanyNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$951,778	$1,006,550	$1,162,880
Revenue	$574,589	$1,488,911	$4,732,752
Expenses	$355,100	$1,645,241	$2,961,207
Qualifying Distributions	$355,100	$1,609,850	$2,898,500
Net Investment Income	$265,378	$12,416	$2,314,179
Distributable Amount	$24,128	$40,043	$38,746

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Shed NYC Inc ($300,000), Central Park Conservancy ($25,000), Whitney Museum Of American Art ($20,000).

Recipient	Purpose	Amount
The Shed NYC Inc New York, NY	GENERAL CHARITABLE PURPOSES	$300,000
Central Park Conservancy New York, NY	GENERAL CHARITABLE PURPOSES	$25,000
Roosevelt Institute Library New York, NY	GENERAL CHARITABLE PURPOSES	$10,000
Whitney Museum Of American Art New York, NY	GENERAL CHARITABLE PURPOSES	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GILLIAN V STEEL	TRUSTEE	1	—
ROBERT K STEEL	TRUSTEE	1	—

Frequently Asked Questions

How large is The Robert K Steel Family Foundation?

As of 2024, The Robert K Steel Family Foundation holds $952K in total assets with $575K in annual revenue. It awarded 4 grants totaling $355K in 2024.

Where does The Robert K Steel Family Foundation operate?

The Robert K Steel Family Foundation has awarded grants in New York.

What size grants does The Robert K Steel Family Foundation award?

In 2024, The Robert K Steel Family Foundation awarded 4 grants totaling $355K — an average of about $89K per grant, based on its IRS Form 990 filings.

How much is The Robert K Steel Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Robert K Steel Family Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Robert K Steel Family Foundation's EIN?

The Robert K Steel Family Foundation's EIN (Employer Identification Number) is 13-3531990. IRS Form 990 filing data is available on this page for 2020–2024.