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The foundation provides patient, philanthropic investment capital to for-profit social enterprises that develop products and services addressing humanity's most pressing issues. Funding is focused on scalable technology and engineering solutions that provide sustainable access to essential services. The foundation emphasizes a leader-first approach, valuing the character and competence of the organization's entrepreneurs.
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. Total assets have grown from $180M in 2021 to $243.3M in 2023. Software, technology, and innovation companies developing cutting-edge solutions that can benefit the less fortunate. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. Contributions to this foundation are tax-deductible.
Software, technology, and innovation companies developing cutting-edge solutions that can benefit the less fortunate.
Expenses: $85K
Non-profit organizations providing transformational services that lead to long term solutions in low- and middle-income countries.
Expenses: $2.8M
Funding and supporting the renovation and expansion of a hospice house, adding additional suites, expanding storage facilities, and upgrading the existing space.
Expenses: $3.1M
Software, technology, and innovation companies developing cutting-edge solutions that can benefit the less fortunate.
Steele Foundation For Hope typically selects its grantees rather than accepting unsolicited proposals. See www.steelefoundationforhope.org, how we work page for areas of focus and eligibility.
Steele Foundation For Hope is headquartered in NASHUA, NH.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$10.1M
Total Assets
$243.3M
Fair Market Value
$243.3M
Net Worth
$143.5M
Grants Paid
$5.9M
Contributions
$5M
Net Investment Income
N/A
Distribution Amount
$5.4M
Total: $124.5M
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Project Life InternationalPROGRAM SUPPORT | Boston, MA | $500K | 2023 |
| 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 |
| 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 |
| AlightPROGRAM SUPPORT | Minneapolis, MN | $1M | 2022 |
| World Central KitchenPROGRAM SUPPORT | Washington, DC | $500K | 2022 |
| Community Organized Relief EffortPROGRAM SUPPORT | Los Angeles, CA | $500K | 2022 |
| Water Access RwandaPROGRAM SUPPORT | Kigali | $488K | 2022 |
| Home Health & Hospice CarePROGRAM SUPPORT | Merrimack, NH | $424K | 2022 |
| Families In TransitionPROGRAM SUPPORT | Manchester, NH | $100K | 2022 |
CAMPTON, NH
GREENLAND, NH
RYE, NH