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Robert K Steel Family Foundation is a private trust based in ALBANY, NY. The foundation received its IRS ruling in 1991. The principal officer is The Ayco Company Lp. It holds total assets of $952K. Annual income is reported at $628K. Total assets have decreased from $12.1M in 2010 to $952K in 2023. The foundation is governed by 2 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by charitable contributions, other organizations exempt. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Robert K Steel Family Foundation has made 8 grants totaling $13.3M, with a median grant of $955K. Annual giving has decreased from $3.3M in 2020 to $355K in 2024. Grantmaking activity was highest in 2021 with $5.1M distributed across 1 grants. Individual grants have ranged from $10K to $5.1M, with an average award of $1.7M. The foundation has supported 5 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by charitable contributions, other organizations exempt
Under internal revenue code section 501(c)(3).
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by charitable contributions, other organizations exempt. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY.
Robert K Steel Family Foundation has distributed a total of $13.3M across 8 grants. The median grant size is $955K, with an average of $1.7M. Individual grants have ranged from $10K to $5.1M.
Robert K Steel Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Robert K Steel Family Foundation is headquartered in ALBANY, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gillian V Steel | TRUSTEE | $0 | $0 | N/A |
| Robert K Steel | TRUSTEE | $0 | $0 | N/A |
Total Giving
$355K
Total Assets
$952K
Fair Market Value
$314K
Net Worth
$952K
Grants Paid
$355K
Contributions
$309K
Net Investment Income
$265K
Distribution Amount
$24K
Total Grants
8
Total Giving
$13.3M
Average Grant
$1.7M
Median Grant
$955K
Unique Recipients
5
Most Common Grant
$3.3M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Shed Nyc IncGENERAL CHARITABLE PURPOSES | New York, NY | $300K | 2024 |
| Central Park ConservancyGENERAL CHARITABLE PURPOSES | New York, NY | $25K | 2024 |
| Whitney Museum Of American ArtGENERAL CHARITABLE PURPOSES | New York, NY | $20K | 2024 |
| Roosevelt Institute LibraryGENERAL CHARITABLE PURPOSES | New York, NY | $10K | 2024 |
| See Attached ListGENERAL CHARITABLE PURPOSES | Albany, NY | $1.6M | 2023 |