Nonprofit · EIN 27-3900311
ROY AND GWEN STEELEY FOUNDATION INC
Tax-exempt · WILMINGTON, DE 19809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $4,181,927 | $3,206,768 | $975,159 | $54,318,299 | $0 | $54,318,299 |
| December 31, 2024 | 990-PF | $4,572,307 | $2,994,823 | $1,577,484 | $53,343,140 | $0 | $53,343,140 |
| December 31, 2023 | 990-PF | $3,638,061 | $2,781,058 | $857,003 | $51,759,441 | $0 | $51,759,441 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $1,978,817
- Interest
- $30,039
- Net gain from sales of assets
- $2,173,071
Expenses
- Grants and similar amounts paid
- $2,545,845
- Compensation of officers, directors and key employees
- $258,060
- Disbursements for charitable purposes
- $2,992,074
- Excise tax on investment income
- $55,866
Balance sheet and other
- Total assets, start of year
- $53,343,140
- Total assets, end of year
- $54,318,299
- Total liabilities, end of year
- $0
- Net assets, end of year
- $54,318,299
- Fair market value of assets
- $68,926,920
- Qualifying distributions
- $2,992,074
- Net investment income
- $4,181,927
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Adam Sanders Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Pres, Treas | 40 | $156,780 | $34,455 |
| Mary Ann Raun Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Sec | 40 | $101,280 | $5,064 |
| Paula K Bromley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Colleen Happy Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Hank Happy Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Chairman of the Board | 1 | $0 | $0 |
| Benjamin Franklin Lewis Jr Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Alissa Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Brian Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Kevin L Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Leslie Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
990-PF for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Adam Sanders Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Pres, Treas | 40 | $156,780 | $29,229 |
| Mary Ann Raun Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Sec | 40 | $101,280 | $1,688 |
| Colleen Happy Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Hank Happy Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Chairman of the Board | 1 | $0 | $0 |
| Benjamin Franklin Lewis Jr Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Alissa Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Brian Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Kevin L Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Leslie Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Adam Sanders Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Pres, Treas | 40 | $130,000 | $11,000 |
| Mary Ann Raun Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Sec | 40 | $78,474 | $0 |
| Colleen Happy Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Hank Happy Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Chairman of the Board | 1 | $0 | $0 |
| Benjamin Franklin Lewis Jr Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Alissa Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Brian Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Kevin L Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
| Leslie Steeley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 501 SILVERSIDE RD STE 123, WILMINGTON, DE 19809-1377
- In care of
- % FOUNDATION SOURCE
- Signed the 990-PF
- Adam Sanders, President
- Phone
- (800) 839-1754
- Return prepared by
- Foundation Source
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-3900311
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $54,318,299
- Income (IRS master file)
- $6,367,161
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $4,181,927 | $3,206,768 | $54,318,299 | XML |
| 990-PF | December 2024 | $4,572,307 | $2,994,823 | $53,343,140 | IRS |
| 990-PF | December 2023 | $3,638,061 | $2,781,058 | $51,759,441 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3900311).
Questions about ROY AND GWEN STEELEY FOUNDATION INC
- What is the EIN of ROY AND GWEN STEELEY FOUNDATION INC?
- The employer identification number (EIN) of ROY AND GWEN STEELEY FOUNDATION INC is 27-3900311.
- Is ROY AND GWEN STEELEY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to ROY AND GWEN STEELEY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ROY AND GWEN STEELEY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ROY AND GWEN STEELEY FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROY AND GWEN STEELEY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of ROY AND GWEN STEELEY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 10 people; 2 received compensation from the organization, the highest $156,780 (Adam Sanders, Dir, Pres, Treas).
- How much revenue does ROY AND GWEN STEELEY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $4,181,927, expenses of $3,206,768 and total assets of $54,318,299 at year end.
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