//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Edward L & Joan B Steiniger Foundation For Rc Charitable Ed Purpose is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1991. The principal officer is Citibank N A. It holds total assets of $23.6M. Annual income is reported at $17.3M. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York and Virginia. According to available records, Edward L & Joan B Steiniger Foundation For Rc Charitable Ed Purpose has made 15 grants totaling $8.1M, with a median grant of $358K. Annual giving has grown from $1.5M in 2020 to $3.3M in 2023. Individual grants have ranged from $202K to $2.3M, with an average award of $542K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New York and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$348K
Median Grant
$376K
Average Grant
$503K
Largest Grant
$786K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Edward L & Joan B Steiniger Foundation For Rc Charitable Ed Purpose is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NY, VA.
Edward L & Joan B Steiniger Foundation For Rc Charitable Ed Purpose has distributed a total of $8.1M across 15 grants. The median grant size is $358K, with an average of $542K. Individual grants have ranged from $202K to $2.3M.
Edward L & Joan B Steiniger Foundation For Rc Charitable Ed Purpose typically selects its grantees rather than accepting unsolicited proposals.
Edward L & Joan B Steiniger Foundation For Rc Charitable Ed Purpose is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Citibank N A | TRUSTEE, AS REQUIRED | $95K | $0 | $95K |
| Howard G Seitz | CO-TTEE, AS REQUIRED | $19K | $0 | $19K |
| Archdiocese Of New York | CO-TTEE, AS REQUIRED | $19K | $0 | $19K |
Total Giving
$3.6M
Total Assets
$21M
Fair Market Value
$33M
Net Worth
$21M
Grants Paid
$3.3M
Contributions
N/A
Net Investment Income
$1.2M
Distribution Amount
$1.6M
Total Grants
15
Total Giving
$8.1M
Average Grant
$542K
Median Grant
$358K
Unique Recipients
6
Most Common Grant
$300K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Archdiocese Of New YorkGENERAL OPERATING | New York, NY | $2.3M | 2023 |
| Catholic CharitiesGENERAL OPERATING | Alexandria, VA | $354K | 2023 |
| Saint Josephs SeminaryGENERAL OPERATING | Yonkers, NY | $328K | 2023 |
| Partnership SchoolsGENERAL OPERATING | New York, NY | $300K | 2023 |
| Catholic ChariteisGENERAL OPERATING | Alexandria, VA | $403K | 2022 |
| Inner City Scholarship FundGENERAL OPERATING | New York, NY | $202K | 2021 |