The Robert K Steel Family Foundation
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.
The Robert K Steel Family Foundation at a glance
In short: The Robert K Steel Family Foundation gave $355K across 4 grants in 2024 (avg $89K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $355,000
- -77.9% vs 2023
- Grants made (2024)
- 4
- +300.0% vs 2023
- Average grant
- $88,750
- -94.5% vs 2023
- Median grant
- $22,500
- Total assets
- $951,778
- -5.4% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Robert K Steel Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was The Shed NYC Inc ($300K). Together the top 4 received $355K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 3 grants of 8 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
How The Robert K Steel Family Foundation gives
- Giving fell 93% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $355K (2024) to $5.1M (2021). In 2024 it made 4 grants totaling $355K.
Grants by year
Grant recipients and amounts by year
| 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 |
| Whitney Museum Of American Art New York, NY | General Charitable Purposes | $20,000 |
| Roosevelt Institute Library New York, NY | General Charitable Purposes | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $951,778 | $574,589 | $355,100 | $355,000 | 4 | $355,100 | $265,378 | $24,128 |
| 2023 | $1,006,550 | $1,488,911 | $1,645,241 | $1,609,750 | 1 | $1,609,850 | $12,416 | $40,043 |
| 2022 | $1,162,880 | $4,732,752 | $2,961,207 | $2,898,500 | 1 | $2,898,500 | $2,314,179 | $38,746 |
| 2021 | $1,673,197 | $7,288,640 | $5,121,577 | $5,065,000 | 1 | — | $3,548,293 | $67,643 |
| 2020 | $3,043,666 | $1,268,554 | $3,378,171 | $3,333,350 | 1 | — | — | $157,972 |
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.
Leadership & Key People
Officers and directors from IRS filings
The Robert K Steel Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gillian V. Steel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Robert K. Steel
Trustee
On filings since 2023
1 hr/week
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 The Robert K Steel Family Foundation
How much does The Robert K Steel Family Foundation give each year?
The Robert K Steel Family Foundation gave $355K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 1 grant.
What is The Robert K Steel Family Foundation's typical grant size?
The Robert K Steel Family Foundation's median grant in 2024 was $22,500, and its average grant was $88,750, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Robert K Steel Family Foundation give grants?
The Robert K Steel Family Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (4 grants).
Does The Robert K Steel Family Foundation give general operating support?
Yes: 100% of The Robert K Steel Family Foundation's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Robert K Steel Family Foundation?
The Robert K Steel Family Foundation reported $952K in total assets on its 2024 IRS Form 990-PF. It paid out $355K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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