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The Steinman Foundation

LANCASTER, PA EIN: 23-6266377 Website

The Steinman Foundation is a private philanthropic foundation based in Lancaster, Pennsylvania, dedicated to improving the quality of life in Lancaster County communities. The foundation was created in 2014 through the merger of separate private foundations established in 1951 by brothers James Hale Steinman and John Frederick Steinman, who were innovative business leaders in Lancaster County. The foundation has distributed more than $100 million in grants to local charitable organizations over the years, with funding originating from contributions by LNP Media Group, Inc. and its predecessors and affiliates.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$111.5M

+30.9% YoY

Annual Giving

$9.9M

+20.7% YoY

Grant Count

96

+4.3% YoY

Avg Grant Size

$103K

+15.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Steinman Foundation's mission is to improve the quality of life in the communities that comprise Lancaster County, Pennsylvania, carrying forward the vision of James Hale Steinman and John Frederick Steinman.

The foundation currently prioritizes four distinct funding areas:

  • Early Childhood Education & Development — Funding for early childhood education and development initiatives
  • Economic & Workforce Development — Grants to support economic growth and workforce skill development, with a focus on STEM education
  • Local Journalism & Media Literacy — Support for local journalism and projects enhancing media literacy
  • Community Stewardship — A broad program funding initiatives crucial to improving quality of life in Lancaster County

Grantmaking

The Steinman Foundation requires all applicants to establish and maintain a commitment to diversity, equity, and inclusion in both principle and practice. The foundation reserves the right to withhold funding from or omit from consideration applications from organizations that appear to engage in discriminatory practices or behaviors.

Grant Range

$15,000

Average Grant

$35,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The Steinman Foundation exclusively supports organizations serving residents of Lancaster County, Pennsylvania.

Grant Distribution by State

17states
+9 more states

Cities

AnnvilleBlacksburgBostonBurlingtonByrn MawrCambridgeCamp HillChesterChicagoColumbiaDenverDoylestownEast PetersburgElizabethtownEphrataGlensideGrove CityHarrisburgHarrisonburgHayes

Financial History

Multi-year comparison from IRS filings

As of 2024 (Most Recent Filing):

  • Total Assets: $111,498,613
  • Total Revenue: $38,205,924
  • Total Expenses: $11,801,045
  • Net Income: $26,404,879
  • Total Liabilities: $0
  • Total Giving: $9,854,690

Historical Context: The foundation has distributed more than $100 million in grants to local charitable organizations over many years through contributions from LNP Media Group, Inc. and related entities.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11M$21M$32M$42M20202021202220232024
Metric202420232022
Total Assets$111,498,613$85,184,847$93,152,647
Revenue$38,205,924$2,129,467$7,595,235
Expenses$11,801,045$10,622,330$5,154,881
Qualifying Distributions$11,556,711$9,983,161$4,449,841
Net Investment Income$37,992,136$2,108,797$6,942,591
Distributable Amount$5,364,096$6,395,614$6,366,838

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$10M84 grants202084 grants202178 grants202292 grants202396 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ELIZABETHTOWN COLLEGE$156KBOYS AND GIRLS CLUB OF L…$120KCOMMUNITY ACTION PARTNER…$119KLANCASTER CITY ALLIANCE$100KPENN STATE COLLEGE OF ME…$100KCOCALICO SCHOOL DISTRICT$75KHORIZONS AT LANCASTER CO…$74KLANCASTER SCIENCE FACTORY$70KLANCASTER CLEAN WATER PA…$65KMILLERSVILLE UNIVERSITY$54K

Grant Size Distribution

250 grants across all recorded years

198<$50K29$50–100K14$100–250K4$250–500K4$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Robert Krasne is identified as Co-Chair of the foundation.

Compensation Overview

From 2024 IRS filing

MR DALE L PRINCEDIRECTOR$40K

From 2024 filing

NameTitleHoursCompensation
MS BEVERLY R STEINMANCHAIRMAN EMERITUS0.1
MS PAMELA M THYECO-CHAIRMAN0.1
MR ROBERT M KRASNECO-CHAIRMAN0.1
MR SHANE D ZIMMERMANPRESIDENT & TREASURER0.1
MS LAUREN V FRICKSECRETARY0.1
MS HALE A KRASNEDIRECTOR0.1
MS CAROLINE N HILLDIRECTOR0.1
MR DALE L PRINCEDIRECTOR0.1$40,000
MS G ANNE ORBANDIRECTOR0.1
MS LISA RIGGSDIRECTOR0.1
MR MIGUEL NISTALDIRECTOR0.1
HON LAWRENCE F STENGELDIRECTOR0.1

Contact Information

Mailing Address: The Steinman Foundation PO Box 1328 Lancaster, PA 17608-1328 Attn: Secretary

Phone: 717.291.8792

Email: apply@steinmanfoundation.com

Website: steinmanfoundation.org

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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