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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$93,785,395J 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 38,745 38,745  
4 Dividends and interest from securities... 751,295 751,295  
5a Gross rents............ 198,721 198,721  
b Net rental income or (loss) 137,128
6a Net gain or (loss) from sale of assets not on line 10 4,106,086
b Gross sales price for all assets on line 6a 4,106,087
7 Capital gain net income (from Part IV, line 2)... 4,106,086
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
880,689 897,967  
12 Total. Add lines 1 through 11........ 5,975,536 5,992,814  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 504,539 100,908   403,631
14 Other employee salaries and wages...... 443,680 88,475   355,205
15 Pension plans, employee benefits....... 146,416 23,046   123,370
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
5,670 4,536   1,134
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
14,400 7,200   7,200
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
229,790 175,406   54,384
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
56,064 13,454   7,610
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
107,394 75,876  
20 Occupancy.............. 14,860     14,860
21 Travel, conferences, and meetings....... 14,087 14,087    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
152,762 66,362   86,402
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,689,662 569,350   1,053,796
25 Contributions, gifts, grants paid....... 3,685,389 3,685,389
26 Total expenses and disbursements. Add lines 24 and 25 5,375,051 569,350   4,739,185
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 600,485
b Net investment income (if negative, enter -0-) 5,423,464
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 17,800 23,321 23,171
2 Savings and temporary cash investments......... 773,678 1,652,777 1,652,777
3 Accounts receivable right arrow750,000
Less: allowance for doubtful accounts right arrow     750,000 2,071,829
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)....... 96,016 Click to see attachment
List of Attached Documents:
// Content
96,016 		1,044,380
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 		7,320,000
12 Investments—mortgage loans............. 1,712,564 1,712,564 1,712,564
13 Investments—other (attach schedule).......... 54,847,609 Click to see attachment
List of Attached Documents:
// Content
53,910,584 		78,067,382
14 Land, buildings, and equipment: basis right arrow3,749,878
Less: accumulated depreciation (attach schedule) right arrow707,106 3,144,811 Click to see attachment
List of Attached Documents:
// Content
3,042,772 		1,893,142
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) 65,266,628 65,862,184 93,785,395
Liabilities 17 Accounts payable and accrued expenses.......... 15,510 10,712
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
5,949 		Click to see attachment
List of Attached Documents:
// Content
5,948
23 Total liabilities (add lines 17 through 22)......... 21,459 16,660
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 65,245,169 65,845,524
29 Total net assets or fund balances (see instructions)..... 65,245,169 65,845,524
30 Total liabilities and net assets/fund balances (see instructions). 65,266,628 65,862,184
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
65,245,169
2
Enter amount from Part I, line 27a .....................
2
600,485
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
176,684
4
Add lines 1, 2, and 3 ..........................
4
66,022,338
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
176,814
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
65,845,524
Form 990-PF (2024)
Form 990-PF (2024)
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 Accolade LT Gain P 2024-01-01 2024-12-31
b Accolade Real Estate Gain P 2024-01-01 2024-12-31
c Accolade 2 LT Gain P 2024-01-01 2024-12-31
d Accolade 2 ST Gain P 2024-01-01 2024-12-31
e Arrowstreet ST Loss P 2024-01-01 2024-12-31
Arrowstreet LT Gain P 2024-01-01 2024-12-31
Arrowstreet Sec 1256 Loss P 2024-01-01 2024-12-31
Blumberg II LT Gain P 2024-01-01 2024-12-31
Blumberg III LT Loss P 2024-01-01 2024-12-31
Blumberg IV LT Gain P 2024-01-01 2024-12-31
Blumberg IV ST Loss P 2024-01-01 2024-12-31
Davidson Kempner ST Gain P 2024-01-01 2024-12-31
Davidson Kempner LT Gain P 2024-01-01 2024-12-31
Davidson Kempner Sec 1256 Gain P 2024-01-01 2024-12-31
Farallon ST Gain P 2024-01-01 2024-12-31
Farallon LT Gain P 2024-01-01 2024-12-31
Farallon Sec 1256 Gain P 2024-01-01 2024-12-31
Harbourvest LT Gain P 2024-01-01 2024-12-31
LL Mortgage ST Loss P 2024-01-01 2024-12-31
LL Mortgage LT Loss P 2024-01-01 2024-12-31
Moonrise 2 ST Gain P 2024-01-01 2024-12-31
Moonrise 2 LT Gain P 2024-01-01 2024-12-31
Moonrise 3 ST Gain P 2024-01-01 2024-12-31
Moonrise 3 LT Gain P 2024-01-01 2024-12-31
Wellington ST Loss P 2024-01-01 2024-12-31
Wellington LT Loss P 2024-01-01 2024-12-31
Wellington Sec 1256 Gain P 2024-01-01 2024-12-31
Wellington 2 ST Loss P 2024-01-01 2024-12-31
Wellington 2 LT Gain P 2024-01-01 2024-12-31
Wellington 2 1256 Gain P 2024-01-01 2024-12-31
VP II Loan Loss P 2024-01-01 2024-12-31
ABCDW Loan P 2024-01-01 2024-12-31
Kline Hill Gain P 2024-01-01 2024-12-31
Artisan Gain P 2024-01-01 2024-12-31
Lone Cascade Gain P 2024-01-01 2024-12-31
Two Sigma Gain P 2024-01-01 2024-12-31
Artisan Gain P 2024-01-01 2024-12-31
Vanguard Loss P 2024-01-01 2024-12-31
(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 534     534
b 48,609     48,609
c 37,809     37,809
d 47     47
e 109,545     -109,545
1,035,118     1,035,118
17,664     -17,664
516,518     516,518
125,025     -125,025
102,813     102,813
1,097     -1,097
4,135     4,135
55,504     55,504
230     230
4,998     4,998
69,940     69,940
18,602     18,602
46,226     46,226
968     -968
16,283     -16,283
786     786
72,085     72,085
278     278
5,110     5,110
8,419     -8,419
3,549     -3,549
94,090     94,090
9,221     -9,221
343,344     343,344
75     75
6,853     -6,853
6,365     -6,365
85,770     85,770
557,094     557,094
926,499     926,499
500,000     500,000
57,027     57,027
172,166     -172,166
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       534
b       48,609
c       37,809
d       47
e       -109,545
      1,035,118
      -17,664
      516,518
      -125,025
      102,813
      -1,097
      4,135
      55,504
      230
      4,998
      69,940
      18,602
      46,226
      -968
      -16,283
      786
      72,085
      278
      5,110
      -8,419
      -3,549
      94,090
      -9,221
      343,344
      75
      -6,853
      -6,365
      85,770
      557,094
      926,499
      500,000
      57,027
      -172,166
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 4,106,086
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  
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 75,386
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 75,386
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 75,386
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 55,512
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 80,512
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 188
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 4,938
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow4,938 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
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 2024 or the taxable year beginning in 2024? 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
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 2024, 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
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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 		504,539 42,815  
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
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 		176,950 7,575  
4131 N 36th Street 1
Phoenix,AZ85018
Amber Skalsky Program Manager
40.00 		177,352 27,062  
4131 N 36th Street 1
Phoenix,AZ85018
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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 175,000
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 2024, THE SCHOLARSHIP PROGRAM HELPED FOUR STUDENTS WITH THEIR COLLEGE EXPENSES, PROVIDING SUPPORT TOTALING $60,390. 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. 60,390
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 (2024)
Form 990-PF (2024)
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
1,110,154
b
Average of monthly cash balances.......................
1b
1,838,986
c
Fair market value of all other assets (see instructions)................
1c
90,312,205
d
Total (add lines 1a, b, and c).........................
1d
93,261,345
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
93,261,345
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,398,920
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
91,862,425
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,593,121
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
4,593,121
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
75,386
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
75,386
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,517,735
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
4,517,735
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
4,517,735
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
4,739,185
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
 
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
4,739,185
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 4,517,735
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021...... 53,944
d From 2022...... 667,184
e From 2023...... 247,153
f Total of lines 3a through e ........ 968,281
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,739,185
a Applied to 2023, 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 2024 distributable amount..... 4,517,735
e Remaining amount distributed out of corpus 221,450
5 Excess distributions carryover applied to 2024.    
(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 1,189,731
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,189,731
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021.... 53,944
c Excess from 2022.... 667,184
d Excess from 2023.... 247,153
e Excess from 2024.... 221,450
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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
ASU Foundation


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


350 West Thomas Rd
Phoenix,AZ85013 		NONE PC DC/PG Fellowship Endowment 500,000
Camp Stone Scholarship Fund


2437 S Green Road
Beachwood,OH44122 		NONE PC Scholarship Fund 5,000
Childsplay


990 South Mitchell Drive
Tempe,AZ85281 		NONE PC Storybook Preview Performances 105,000
Literacy Connects


200 E Yavapai Road
Tucson,AZ85705 		NONE PC Reading Seed Program at Prince & Summit 110,000
Mesa Arts Center Foundation


1 East Main Street
Mesa,AZ85201 		NONE PC Project Literacy 50,000
Sharsheret


1086 Teaneck Rd
Teaneck,NJ07666 		NONE PC General Support 5,000
The Salvation Army


4650 North 65th Street
Scottsdale,AZ85251 		NONE PC Christmas Angel Program 27,000
University of Arizona Foundation


1111 North Cherry Avenue
Tucson,AZ85721 		NONE PC DCI lab renovation, DC Research, & PANDA 2,025,000
DC Scholar - Bryan


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 3,368
DC Scholar - Charlie


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 9,822
DC Scholar - Daniel


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 9,796
DC Scholar - Sergio


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 8,450
Arizona Jewish Historical Society


122 E Culver St
Phoenix,AZ85004 		NONE PC Hilton Holocaust Edu Center and General Support 262,500
Education Forward Arizona


4747 N 32nd Street Suite 150
Phoenix,AZ85018 		NONE PC Scholarship Funding 1,000
College Vista Preparatory Inc


812 S 6th Ave
Phoenix,AZ85003 		None PC Books, shelving, seating 75,000
Shalhevet High School


910 S Fairfax Ave
Los Angeles,CA90036 		None PC Trip Scholarship 5,000
Cardozo School of Law


55 5th Ave
New York,NY10003 		None PC General Support 5,000
Brophy College Preparatory


4701 N Central Ave
Phoenix,AZ85012 		  PC Summer Camp Vista Scholars 12,000
Rosie's House A Music Academy


919 E Jefferson St
Phoenix,AZ85034 		  PC General Support 35,000
Ballet Arizona


2835 E Washington St
Phoenix,AZ85034 		  PC General Support 25,000
Children's Museum of Phoenix


215 N 7th St
Phoenix,AZ85034 		  PC General Support 25,000
Tucson Symphony


2175 N 6th Ave
Tucson,AZ85705 		  PC General Support 25,000
Camp Catanese


1 W Campbell Ave 2110
Phoenix,AZ85013 		  PC General Support 70,000
Teach for America


25 Broadway 12th Floor
New York,NY10004 		  PC General Support 90,000
Liberty Wildlife


2600 E Elwood St
Phoenix,AZ85040 		  PC General Support 40,000
The Challenge foundation


6300 N Central Ave
Phoenix,AZ85012 		  PC General Support 5,000
Jewish Free Loan Association


12701 N Scottsdale Rd 206
Scottsdale,AZ85254 		  PC General Support 5,000
Two Pups Wellness Fund


4130 N Marshall Way C
Scottsdale,AZ85251 		  PC General Support 12,500
The Gentry Foundation


7204 N 16th St
Phoenix,AZ85020 		  PC Sponsorship for Diagnostic Evaluation 5,000
DC Scholar - Josh


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 7,416
DC Scholar - Nate


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarship 3,399
DC Scholar - Keylon


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarships 8,676
DC Scholar - Jose


4131 North 36th Street Ste 1
Phoenix,AZ85018 		NONE I Scholarships 9,462
Total .................................right arrow 3a 3,685,389
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
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 38,745  
4 Dividends and interest from securities ....     14 751,295  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 198,721  
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 18 4,106,085  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aMisc Revenue 		      103  
bMortgage Loan Interest     14 133,262  
cPartnership Income 525990 -17,278 1 764,602  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -17,277 5,992,813  
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,975,536
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID: 24020486
Software Version: 2024v5.2


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Archibald Advisory 14,400 7,200 0 7,200

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

TY 2024 DepreciationSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
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 2,762,674 401,911 SL 2.56 % 70,835 56,668    
Land Improvements- ABCO 2018-09-30 189,065 69,357 SL 6.67 % 12,611 10,089    
Building Improvements 2019-11-19 175,010 18,510 SL 2.56 % 4,487 3,590    
Lights 2018-09-30 2,198 1,727 SL 14.29 % 314 63    
Cabinetry and Millwork 2018-09-30 63,465 49,866 SL 14.29 % 9,069 1,814    
Kitchen Appliances 2018-09-30 6,740 5,294 SL 14.29 % 963 193    
Wooden Chest foyer 2018-10-24 4,561 3,584 SL 14.29 % 652 130    
Medical Cabinet bathroom 2018-10-24 1,466 1,150 SL 14.29 % 209 42    
Cole Steele File Cabinet 2018-10-24 1,520 1,194 SL 14.29 % 217 43    
9 Section Black Bookcase 2018-10-24 1,195 940 SL 14.29 % 171 34    
Desk MCM 2018-10-24 2,268 1,782 SL 14.29 % 324 65    
Office Chairs LR 2018-11-28 2,519 1,980 SL 14.29 % 360 72    
Artwork 2018-11-28 2,159 1,697 SL 14.29 % 309 62    
Artwork 2018-12-11 6,125 4,813 SL 14.29 % 875 175    
White Desk, mirrors, planters 2018-12-11 7,745 6,086 SL 14.29 % 1,107 221    
4 Drawer Desk foyer 2018-12-19 2,473 1,942 SL 14.29 % 353 71    
Land Improvements 2019-03-21 13,207 3,964 SL 6.67 % 881 705    
Building Improvements - Suite 1 2019-11-19 10,223 1,081 SL 2.56 % 262 210    
2021 Building Improvements 2021-06-30 3,425 224 SL 2.56 % 88 70    
2021 Office Equipment 2021-06-30 5,795 2,898 SL 20.00 % 1,159 927    
Dell Computer 2022-02-16 3,720 1,116 SL 20.00 % 744 149    
GHA Computer 2022-06-28 2,646 794 SL 20.00 % 529 106    
Sound Paneling 2022-10-04 13,232 410 SL 2.56 % 339 271    
Security Cameras 2024-02-12 2,746   SL 10.00 % 275      
Docking Stations 2024-09-04 306   SL 10.00 % 31      
MAC Laptop 2024-09-04 2,303   SL 10.00 % 230      

TY 2024 InvestmentsCorpStockSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Name of Stock End of Year Book Value End of Year Fair Market Value
EXXON MOBILE 20,835 278,176
CHEVRON 75,181 766,204

TY 2024 InvestmentsLandSchedule2
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land 4,674,000   4,674,000 7,320,000

TY 2024 InvestmentsOtherSchedule2
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Vanguard Intermediate Term ETF AT COST 8,182,275 7,086,137
VANGUARD SHORT TERM INFLATION TIPS AT COST 2,177,070 2,152,235
ARTISAN GLOBAL VALUE FUND AT COST 1,941,632 2,523,533
CAUSEWAY EMERGING MARKETS FUND AT COST    
Ballie Gifford AT COST 1,750,000 1,773,724
PIMCO Income Instl AT COST 1,427,856 1,434,075
Vanguard Total Stock VTSAX AT COST 2,791,134 3,293,130

TY 2024 LandEtcSchedule2
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Fixtures 104,434 96,978 7,456 116,972
Machinery and Equipment 29,113 21,111 8,002 25,795
Buildings 2,762,674 472,746 2,289,928 1,670,000
Improvements 409,957 116,271 293,686 80,375
Land 443,700   443,700  


TY 2024 LegalFeesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Burch and Cracchiolo 2,921 2,337 0 584
Burns Barton PLC 2,749 2,199 0 550


TY 2024 OtherAssetsSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Security Deposit 150 150 150


TY 2024 OtherDecreasesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Description Amount
Partnership Adjustments 14,569
Partnership Unrealized Loss 162,245


TY 2024 OtherExpensesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank Charges 546 546    
Dues 26,400     26,400
Insurance 5,099 1,020   4,079
Meals 15,090     15,091
Office Supplies 8,071     8,071
Other Expenses 22,601     22,601
Payroll Service 1,499 300   1,200
Postage 294     294
Real Estate Expenses 2,903 2,903    
Rental Expenses 61,593 61,593    
Repairs 952     952
Training 7,714     7,714


TY 2024 OtherIncomeSchedule2
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Misc Revenue 103 103  
Mortgage Loan Interest 133,262 133,262  
Partnership Income 747,324 764,602  


TY 2024 OtherIncreasesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Description Amount
Partnership Adjustments 9,859
Partnership Unrealized Gain 166,825


TY 2024 OtherLiabilitiesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value
Security Deposits - Rental Prop 5,948 5,948
Rounding 1  


TY 2024 OtherProfessionalFeesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Alloy Systems 750 0 0 750
Blackbaud, Inc 2,818 0 0 2,818
Cathryn Alicia Kalos 808 0 0 808
Christina Huber 500 0 0 500
Eric Van Meter 5,175 0 0 5,175
Greer Method 31,278 0 0 31,278
Inv MGMT Cambridge 175,000 175,000 0 0
MGKS 1,830 0 0 1,830
Norberg Inc 9,600 0 0 9,600
Ubiquity 2,031 406 0 1,625


TY 2024 TaxesSchedule
Name:
The Steele Foundation Inc
EIN:
95-3466880
Software ID:
24020486
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax 35,000      
Property Tax 21,064 13,454   7,610