NASHUA, NH
Steele Foundation For Hope
Quick Facts
- EIN
- 873862042
- Location
- NASHUA, NH
- Category
- Philanthropy & Grantmaking
- Total Assets
- $363M
- Annual Income
- $6.9M
- IRS Ruling Year
- 2022
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Steele Foundation For Hope is a private corporation based in NASHUA, NH. The foundation received its IRS ruling in 2022. It holds total assets of $363M. Annual income is reported at $6.9M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$10.1M
2023-41%
Total Assets
$243.3M
2023+67%
Fair Market Value
$243.3M
2023
Net Worth
$143.5M
2023
Grants Paid
$5.9M
2023
Contributions
$5M
2023
Net Investment Income
$0
2023
Distribution Amount
$5.4M
2023
Total Giving by Year
$85K
21$17M
22$10.1M
23Asset Growth
$180M
21$146.1M
22$243.3M
23Investment Portfolio (2023)
Total: $124.5M
Corporate Stock: $124.5M
Cash: $50K
Corporate Stock (100%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$5.9M
Officer Compensation$1M
Legal Fees$362K
Travel & Conferences$73K
Pension & Benefits$41K
Accounting Fees$27K
Printing & Publications$7K
Revenue Sources (2023)
- Contributions
- $5M
- Dividends
- $2K
Financial Details (2023)
- Total Revenue
- $5M
- Total Expenses
- $10.1M
- Exempt Purpose Expenses
- $11.1M
- Required Distribution
- $5.4M
- Undistributed Income
- $0
- Grants Approved (Future)
- $850K
- Total Liabilities
- $99.8M
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
21
Total Giving
$16.5M
Average Grant
$787K
Median Grant
$488K
Total Giving by Year
$7.4M (12 grants)
22$9.1M (9 grants)
23Grant Range
Min$60K
Max$3.1M
Median: $488K
Smallest grantLargest grant
Openness to New Grantees (2023)
33%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
NH: $3.6M (3)
WA
ID
MT
ND
MN
MN: $1M (1)
WI
MI
NY
MA
MA: $1.9M (4)
CT
RI
OR
NV
WY
SD
IA
IL
IN
IN: $800K (2)
OH
PA
NJ
CA
CA: $1.1M (5)
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
DC: $500K (1)
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
NH$3.6M (3)
MA$1.9M (4)
CA$1.1M (5)
MN$1M (1)
IN$800K (2)
DC$500K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hospice House ProjectPROGRAM SUPPORT | Merrimack, NH | $3.1M | 2023 |
| Simprint Technology LimitedPROGRAM SUPPORT | Cambridge | $2.5M | 2023 |
| EarthenablePROGRAM SUPPORT | Jinja | $1.5M | 2023 |
| Gardens For Health InternationalPROGRAM SUPPORT | Cambridge, MA | $528K | 2023 |
| Project Life InternationalPROGRAM SUPPORT | Boston, MA | $500K | 2023 |
| Building TomorrowPROGRAM SUPPORT | Indianapolis, IN | $450K | 2023 |
| AkirachixPROGRAM SUPPORT | Nairobi | $250K | 2023 |
| Kickstart InternationalPROGRAM SUPPORT | San Francisco, CA | $250K | 2023 |
| Village Hopecore InternationalPROGRAM SUPPORT | Stockton, CA | $100K | 2023 |
| Simprint Technology LimitedPROGRAM SUPPORT | Cambridge | $2.9M | 2022 |
| AlightPROGRAM SUPPORT | Minneapolis, MN | $1M | 2022 |
| World Central KitchenPROGRAM SUPPORT | Washington, DC | $500K | 2022 |
| Community Organized Relief EffortPROGRAM SUPPORT | Los Angeles, CA | $500K | 2022 |
| Gardens For Health InternationalPROGRAM SUPPORT | Cambridge, MA | $496K | 2022 |
| Water Access RwandaPROGRAM SUPPORT | Kigali | $488K | 2022 |
| Home Health & Hospice CarePROGRAM SUPPORT | Merrimack, NH | $424K | 2022 |
| Building TomorrowPROGRAM SUPPORT | Indianapolis, IN | $350K | 2022 |
| Project Life InternationalPROGRAM SUPPORT | Boston, MA | $346K | 2022 |
| Kickstart InternationalPROGRAM SUPPORT | San Francisco, CA | $215K | 2022 |
| Families In TransitionPROGRAM SUPPORT | Manchester, NH | $100K | 2022 |
| Village Hopecore InternationalPROGRAM SUPPORT | Stockton, CA | $60K | 2022 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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