Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
The Steele Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)4131 N 36th St 1
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHOENIX, AZ85018
A Employer identification number

95-3466880
B Telephone number (see instructions)

(602) 850-9804
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$88,924,124J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 3,453 3,453  
4 Dividends and interest from securities... 508,760 508,760  
5a Gross rents............ 192,799 192,799  
b Net rental income or (loss) 137,967
6a Net gain or (loss) from sale of assets not on line 10 5,048,426
b Gross sales price for all assets on line 6a 5,054,487
7 Capital gain net income (from Part IV, line 2)... 5,047,309
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
589,326 601,516  
12 Total. Add lines 1 through 11........ 6,342,764 6,353,837  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 444,051 88,810   355,241
14 Other employee salaries and wages...... 355,538 80,000   275,539
15 Pension plans, employee benefits....... 130,539 14,176   116,362
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,804 850   954
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
31,773 21,061   10,711
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
244,060 150,391   93,669
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
127,639 5,068   5,571
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
108,752 75,987  
20 Occupancy.............. 12,181     12,181
21 Travel, conferences, and meetings....... 11,883 11,883    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
182,396 60,132   122,266
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,650,616 508,358   992,494
25 Contributions, gifts, grants paid....... 4,255,974 4,255,974
26 Total expenses and disbursements. Add lines 24 and 25 5,906,590 508,358   5,248,468
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 436,174
b Net investment income (if negative, enter -0-) 5,845,479
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 71,889 71,370 71,520
2 Savings and temporary cash investments......... 4,426,178 1,485,234 1,479,530
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   1,518,695   651,546
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 113,741 Click to see attachment
List of Attached Documents:
// Content
96,016 		1,234,738
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow4,674,000
Less: accumulated depreciation (attach schedule) right arrow   4,674,000 Click to see attachment
List of Attached Documents:
// Content
4,674,000 		6,140,000
12 Investments—mortgage loans............. 1,259,257 1,712,564 1,712,564
13 Investments—other (attach schedule).......... 51,788,815 Click to see attachment
List of Attached Documents:
// Content
56,336,538 		75,831,971
14 Land, buildings, and equipment: basis right arrow3,744,523
Less: accumulated depreciation (attach schedule) right arrow491,465 3,342,212 Click to see attachment
List of Attached Documents:
// Content
3,253,058 		1,802,105
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
150 		Click to see attachment
List of Attached Documents:
// Content
150 		Click to see attachment
List of Attached Documents:
// Content
150
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 67,194,937 67,628,930 88,924,124
Liabilities 17 Accounts payable and accrued expenses.......... 18,165 15,984
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
5,948 		Click to see attachment
List of Attached Documents:
// Content
5,948
23 Total liabilities (add lines 17 through 22)......... 24,113 21,932
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 67,170,824 67,606,998
29 Total net assets or fund balances (see instructions)..... 67,170,824 67,606,998
30 Total liabilities and net assets/fund balances (see instructions). 67,194,937 67,628,930
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
67,170,824
2
Enter amount from Part I, line 27a .....................
2
436,174
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
67,606,998
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
67,606,998
Form 990-PF (2022)
Form 990-PF (2022)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Arrowstreet Sec 1256 Gain P 2022-01-01 2022-12-31
b Arrowstreet LT Gain P 2022-01-01 2022-12-31
c Arrowstreet ST Loss P 2022-01-01 2022-12-31
d LL Mortgage LT Loss P 2022-01-01 2022-12-31
e LL Mortgage ST Loss P 2022-01-01 2022-12-31
Moonrise 2 ST Gain P 2022-01-01 2022-12-31
Moonrise 2 LT Gain P 2022-01-01 2022-12-31
TallWave LT Gain P 2022-01-01 2022-12-31
Accolade ST Gain P 2022-01-01 2022-12-31
Accolade LT Gain P 2022-01-01 2022-12-31
Lone Cascade ST Loss P 2022-01-01 2022-12-31
Lone Cascade LT Gain P 2022-01-01 2022-12-31
Moonrise 3 ST Loss P 2022-01-01 2022-12-31
Moonrise 3 LT Loss P 2022-01-01 2022-12-31
Blumberg IV LT Gain P 2022-01-01 2022-12-31
Davidson Kempne ST Gain P 2022-01-01 2022-12-31
Davidson Kempne LT Gain P 2022-01-01 2022-12-31
Davidson Kempne Sec 1256 Gain P 2022-01-01 2022-12-31
Farallon ST Loss P 2022-01-01 2022-12-31
Farallon LT Loss P 2022-01-01 2022-12-31
Farallon Sec 1256 Gain P 2022-01-01 2022-12-31
Accolade 2 LT Loss P 2022-01-01 2022-12-31
Accolade 2 1231 Loss P 2022-01-01 2022-12-31
Wellington ST Loss P 2022-01-01 2022-12-31
Wellington LT Loss P 2022-01-01 2022-12-31
Wellington Sec 1256 Gain P 2022-01-01 2022-12-31
Blumberg II LT Gain P 2022-01-01 2022-12-31
Blumberg III ST Loss P 2022-01-01 2022-12-31
Blumberg III LT Loss P 2022-01-01 2022-12-31
ALJ LT Loss P 2022-01-01 2022-12-31
GMO ST Gain P 2022-01-01 2022-12-31
GMO LT Gain P 2022-01-01 2022-12-31
Publicly Traded Securities P 2022-01-01 2022-12-31
Killiam Bay P 2022-01-01 2022-12-31
Blumberg IV P 2022-01-01 2022-12-31
EDHI Douglas Ranch P 2022-01-01 2022-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,677     4,677
b 33,829     33,829
c 94,620     -94,620
d 18,218     -18,218
e 14,980     -14,980
6,482     6,482
3,768     3,768
51,777     51,777
2     2
25,801     25,801
419,269     -419,269
48,082     48,082
99     -99
323     -323
402,673     402,673
13,633     13,633
2,920     2,920
18,571     18,571
29,244     -29,244
9,799     -9,799
26,996     26,996
12     -12
1     -1
108,818     -108,818
5,331     -5,331
196,146     196,146
10,462     10,462
212     -212
189     -189
156,530     -156,530
9,399     9,399
7,580     7,580
4,929,816   6,061 4,923,755
122,119     122,119
       
3,718     -3,718
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       4,677
b       33,829
c       -94,620
d       -18,218
e       -14,980
      6,482
      3,768
      51,777
      2
      25,801
      -419,269
      48,082
      -99
      -323
      402,673
      13,633
      2,920
      18,571
      -29,244
      -9,799
      26,996
      -12
      -1
      -108,818
      -5,331
      196,146
      10,462
      -212
      -189
      -156,530
      9,399
      7,580
      4,923,755
      122,119
       
      -3,718
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,047,309
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 81,252
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 81,252
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 81,252
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 82,019
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 122,019
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 228
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 40,539
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow20,313 Refundedright arrow 11 20,226
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAZ
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.steeleaz.org
14
The books are in care ofright arrowTHE FOUNDATION Telephone no.right arrow (602) 850-9804

Located atright arrow4131 N 36th StPHOENIXAZ ZIP+4right arrow85018
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2022? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2022.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Marianne Cracchiolo Mago President
40.00 		444,051 12,673  
4131 N 36th Street 1
phoenix,AZ85018
Andy Abraham Secretary
1.00 		0    
4131 N 36th Street 1
phoenix,AZ85018
Andy Cracchiolo Director
1.00 		0    
4131 N 36th Street 1
phoenix,AZ85018
Jeff Fishman Director
1.00 		0    
4131 N 36th Street 1
Phoenix,AZ85018
Daniel Cracchiolo Chairman
1.00 		0    
4131 N 35th St 1
Phoenix,AZ85018
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
Holly Tullis Finance Director
40.00 		160,000 5,400  
4131 N 36th Street 1
Phoenix,AZ85018
Amber Skalsky Program Manager
40.00 		128,212 20,948  
4131 N 36th Street 1
Phoenix,AZ85018
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Cambridge Associates Investment Advisory SVCS 131,250
125 High Street
Boston,MA02110
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 DC SCHOLARSHIP PROGRAM THE PURPOSE OF THE SCHOLARSHIP PROGRAM IS TO AWARD SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS WHO HAVE SHOWN THE PASSION TO SUCCEED DESPITE FACING ECONOMIC CHALLENGES. BECAUSE MANY OF THESE STUDENTS RECEIVE INSUFFICIENT FUNDS TO COVER BASIC TUITION AND FEES FOR THE SCHOOL, THE FOUNDATION MAKES GRANTS TO COVER SOME OR ALL OF THE GAP BETWEEN THE STUDENT'S COSTS AND THE SCHOOL'S FINANCIAL AID, SUCH AS BASIC SUPPLIES, TRANSPORTATION, TRAVEL, AND LIVING EXPENSES. IN 2022, THE SCHOLARSHIP PROGRAM HELPED SIX STUDENTS WITH THEIR COLLEGE EXPENSES, PROVIDING SUPPORT TOTALING $42,236. THE FOUNDATION STRICTLY FOLLOWS ITS SCHOLARSHIP GRANTING PROCEDURES AS OUTLINED IN ITS IRS ADVANCE APPROVAL LETTER, INCLUDING THE USE OF A GRANT SELECTION COMMITTEE, STUDENT GPA AND REPORTING REQUIREMENTS, AND MONITORING USE OF FUNDS, AMONG OTHER THINGS. 42,236
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
2,307,906
b
Average of monthly cash balances.......................
1b
4,909,911
c
Fair market value of all other assets (see instructions)................
1c
87,582,229
d
Total (add lines 1a, b, and c).........................
1d
94,800,046
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
94,800,046
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,422,001
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
93,378,045
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,668,902
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
4,668,902
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
81,252
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
81,252
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,587,650
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
4,587,650
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,587,650
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
5,248,468
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
6,366
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
5,254,834
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 4,587,650
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......  
b Total for prior years:20, 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018...... 136,602
c From 2019......  
d From 2020......  
e From 2021...... 53,944
f Total of lines 3a through e ........ 190,546
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 5,254,834
a Applied to 2021, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 4,587,650
e Remaining amount distributed out of corpus 667,184
5 Excess distributions carryover applied to 2022.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 857,730
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		857,730
10 Analysis of line 9:
a Excess from 2018.... 136,602
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021.... 53,944
e Excess from 2022.... 667,184
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2022, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2022)
Form 990-PF (2022)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Arizona Community Foundation


2201 East Camelback Rd Ste 405B
Phoenix,AZ85016 		NONE PC Arizona Leads 75,000
Arizona Community Foundation


2201 East Camelback Rd Ste 405B
Phoenix,AZ85016 		NONE PC Accelerating Early Literacy 250,000
Arizona Science Center


600 E Washington St
Phoenix,AZ85004 		NONE PC Chevy Humphrey 4th Grade Scholarships 250,000
ASU Foundation


PO Box 2260
Tempe,AZ85280 		NONE PC Daniel Cracchiolo Chair in Civil & Criminal Law 100,000
Barrow Neurological Foundation


350 West Thomas Rd
Phoenix,AZ85013 		NONE PC DC/PG Fellowship Endowment 500,000
Brophy College Preparatory


4701 North Central Avenue
Phoenix,AZ85012 		NONE PC General Support 10,000
Brophy College Prepartory


4701 North Central Avenue
Phoenix,AZ85012 		NONE PC Generations Endowment Fund 250,000
Camp Stone Scholarship Fund


2437 S Green Road
Beachwood,OH44122 		NONE PC Scholarship Fund 5,000
Cardozo School of Law


55 5th Avenue
New York,NY10003 		NONE PC Scholarship Fund 5,000
Childsplay


990 South Mitchell Drive
Tempe,AZ85281 		NONE PC Storybook Preview Program 30,000
Donors Choose


1535 W Jefferson Street
Phoenix,AZ85007 		NONE PC Teacher Supply Match 200,000
Heard Museum


2301 N Central Avenue
Phoenix,AZ85004 		NONE PC General Support 10,000
Heard Museum


2301 N Central Avenue
Phoenix,AZ85004 		NONE PC Family & Youth Audience Engt Project 100,000
Literacy Connects


200 E Yavapai Road
Tucson,AZ85705 		NONE PC Capacity Bldg Reading Seed Program 75,000
Make Way for Books


700 N Stone Avenue
Tucson,AZ85705 		NONE PC Digital Learning Platform 250,000
Mesa Arts Center Foundation


1 East Main Street
Mesa,AZ85201 		NONE PC Project Literacy 52,578
Nourish PHX


501 South 9th Avenue
Phoenix,AZ85007 		NONE PC Program Director 45,000
Paradise Valley United Methodist Ch


4455 Lincoln Drive
Paradise Valley,AZ85253 		NONE PC General Support 10,000
Sharsheret


1086 Teaneck Rd
Teaneck,NJ07666 		NONE PC General Support 5,000
Slow Food Phoenix


PO Box 616
Phoenix,AZ85001 		NONE PC Blue Watermelon Project 104,060
Support My Club


5070 North 40th Street Ste 110
Phoenix,AZ85018 		NONE PC General Support 10,000
The Salvation Army


4650 North 65th Street
Scottsdale,AZ85251 		NONE PC Christmas Angel Program 2022 25,000
UC Berkeley Foundation


1995 University Avenue
Berkeley,CA94704 		NONE PC General Support 5,000
University of Arizona Foundation


1111 North Cherry Avenue
Tucson,AZ85721 		NONE PC PANDA 10,000
Valley of the Sun YMCA


350 North 1st Avenue
Phoenix,AZ85003 		NONE PC Preschool Gen Op Salary Support 50,000
DC Scholar - Bryan


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 7,287
DC Scholar - Charlie


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 7,677
DC Scholar - Daniel


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 10,500
DC Scholar - Nelson


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 5,236
DC Scholar - Robert


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 7,348
DC Scholar - Sebastien


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 4,188
Arizona Jewish Historical Society


122 E Culver St
Phoenix,AZ85004 		NONE PC General Support 25,000
AZ Leads


24 W Camelback Rd Ste A 521
Phoenix,AZ85013 		NONE PC AZ Leads 500,000
CoLabl


610 W 42ND St APT 21E
New York,NY10036 		NONE PC Blue Watermelon Project 4,000
Education Forward Arizona


4747 N 32nd Street Suite 150
Phoenix,AZ85018 		NONE PC Scholarship Funding 10,000
Hillel at Washington University


6300 Forsyth Blvd
St Louis,MO63105 		NONE PC General Support 5,000
Kids Discovery Museum


301 Ravine Ln NE
Bainbridge Island,WA98110 		NONE PC General Support 5,000
New Pathways for Youth


901 E Jefferson St
Phoenix,AZ85034 		NONE PC General Support 5,000
SW Autism Research Resouce Center


300 N 18th St
Phoenix,AZ85006 		NONE PC Community School Tempe 20,000
St Ignatius College Prep


1076 Roosevelt Rd
Chicago,IL60608 		NONE PC General Support 10,000
UCLA Foundation


10889 Wilshire Blvd 1100
Los Angeles,CA90024 		NONE PC Andrea Cracchiolo III, M.D Ortho Award 30,000
University of Arizona Foundation


1111 North Cherry Avenue
Tucson,AZ85721 		NONE PC Cooper Center Team Expansion 143,100
University of Arizona Foundation


1111 North Cherry Avenue
Tucson,AZ85721 		NONE PC Steele Children's Reseach Center - The DC Institute 1,000,000
University of Notre Dame


Holy Cross Dr
Notre Dame,IN46556 		NONE PC General Support 10,000
World Central Kitchen


200 Massachusetts Ave NW
Washington,DC20001 		NONE PC General Support 20,000
Total .................................right arrow 3a 4,255,974
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 3,453  
4 Dividends and interest from securities ....     14 508,760  
5 Net rental income or (loss) from real estate:
aDebt-financed property......     16 192,799  
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 1,117 18 5,047,309  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aMortgage Loan Interest 		    14 96,381  
bPartnership Income 525990 -12,190 1 505,135  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -11,073 6,353,837  
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,342,764
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2022)
Form 990-PF (2022)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID: 22015565
Software Version: 2022v5.0


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Archibald Advisory 12,900 6,450 0 6,450
BOSS Advisors 1,623 811 0 811
Metz & Assoc 17,250 13,800 0 3,450

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2022 DepreciationSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Steele Building 2018-09-30 2,762,674 260,241 SL 2.56 % 70,835      
Land Improvements- ABCO 2018-09-30 189,065 44,135 SL 6.67 % 12,611      
Building Improvements 2019-11-19 175,010 9,536 SL 2.56 % 4,487      
Mac Laptop MCM 2018-01-17 1,988 1,393 SL 20.00 % 398      
Printer 2018-01-17 3,693 2,586 SL 20.00 % 739      
Mac Computer 2018-02-14 3,217 2,251 SL 20.00 % 643      
iPad MCM 2018-04-18 1,364 955 SL 20.00 % 273      
Phone System 2018-04-18 1,956 1,369 SL 20.00 % 391      
Computer LR 2018-06-20 1,772 1,239 SL 20.00 % 354      
Lights 2018-09-30 2,198 1,099 SL 14.29 % 314      
Cabinetry and Millwork 2018-09-30 63,465 31,734 SL 14.29 % 9,069      
Kitchen Appliances 2018-09-30 6,740 3,369 SL 14.29 % 963      
Wooden Chest foyer 2018-10-24 4,561 2,281 SL 14.29 % 652      
Medical Cabinet bathroom 2018-10-24 1,466 732 SL 14.29 % 209      
Cole Steele File Cabinet 2018-10-24 1,520 760 SL 14.29 % 217      
9 Section Black Bookcase 2018-10-24 1,195 598 SL 14.29 % 171      
Desk MCM 2018-10-24 2,268 1,134 SL 14.29 % 324      
Office Chairs LR 2018-11-28 2,519 1,260 SL 14.29 % 360      
Artwork 2018-11-28 2,159 1,080 SL 14.29 % 309      
Artwork 2018-12-11 6,125 3,063 SL 14.29 % 875      
White Desk, mirrors, planters 2018-12-11 7,745 3,873 SL 14.29 % 1,107      
4 Drawer Desk foyer 2018-12-19 2,473 1,236 SL 14.29 % 353      
Land Improvements 2019-03-21 13,207 2,202 SL 6.67 % 881      
Building Improvements - Suite 1 2019-11-19 10,223 557 SL 2.56 % 262      
2021 Building Improvements 2021-06-30 3,425 48 SL 2.56 % 88      
2021 Office Equipment 2021-06-30 5,795 580 SL 20.00 % 1,159      
Dell Computer 2022-02-16 3,720   SL 10.00 % 372      
GHA Computer 2022-06-28 2,646   SL 10.00 % 265      
Sound Paneling 2022-10-04 13,232   SL 0.54 % 71      

TY 2022 InvestmentsCorpStockSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Name of Stock End of Year Book Value End of Year Fair Market Value
EXXON MOBILE 20,835 285,236
CHEVRON 75,181 949,502

TY 2022 InvestmentsLandSchedule2
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land 4,674,000   4,674,000 6,140,000

TY 2022 InvestmentsOtherSchedule2
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Vanguard Intermediate Term ETF AT COST 8,485,624 7,366,028
VANGUARD SHORT TERM INFLATION TIPS AT COST 1,813,104 1,714,567
ARTISAN GLOBAL VALUE FUND AT COST 3,024,460 3,174,360
CAUSEWAY EMERGING MARKETS FUND AT COST 903,496 674,435
Bailey Gifford AT COST 1,250,000 1,051,007
PIMCO Income Instl AT COST 1,012,098 995,895

TY 2022 LandEtcSchedule2
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Fixtures 104,434 67,142 37,292  
Machinery and Equipment 23,758 16,630 7,128  
Buildings 2,762,674 331,076 2,431,598  
Improvements 409,957 76,617 333,340  
Land 443,700   443,700 1,802,105


TY 2022 LegalFeesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Burch and Cracchiolo 1,804 850 0 954


TY 2022 OtherAssetsSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Security Deposit 150 150 150


TY 2022 OtherExpensesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank Charges 1,300 1,300    
Dues 22,563     22,563
Insurance 6,326 280   6,047
Marketing 28,356     28,356
Meals 25,467     25,467
Office Supplies 14,285     14,285
Other Expenses 19,747     19,747
Payroll Service 1,194 239   956
Postage 774     774
Real Estate Expenses 3,481 3,481    
Rental Expenses 54,832 54,832    
Repairs 966     966
Training 3,105     3,105


TY 2022 OtherIncomeSchedule2
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Mortgage Loan Interest 96,381 96,381  
Partnership Income 492,945 505,135  


TY 2022 OtherLiabilitiesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Description Beginning of Year - Book Value End of Year - Book Value
Security Deposits - Rental Prop 5,948 5,948


TY 2022 OtherProfessionalFeesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Allison Tyler Jones Photography 2,356 0 0 2,356
Arizona State University 31,712 0 0 31,712
Cambridge 131,250 131,250 0 0
Greer Method 45,000 0 0 45,000
Gwendolyn L Erlbaum 1,440 0 0 1,440
McAvoy Rule & Company 785 785 0 0
McKay Conant Hoover Inc 1,240 0 0 1,240
Miscellaneous 439 0 0 439
Movinghelp,com 312 0 0 312
Norberg Inc 5,200 0 0 5,200
TB Consulting 2,800 0 0 2,800
Ubiquity 3,962 792 0 3,170
Valbridge Property Advisors 1,750 1,750 0 0
Wellington 15,814 15,814 0 0


TY 2022 TaxesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
22015565
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax 117,000      
Property Tax 10,639 5,068   5,571