2025 Annual Report

Investing In What We Believe In

A Letter from Our President, Daniel Williams

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What grantees tell us

Feedback from the Organizations We Fund

4.9/5

Average process rating

100%

Said staff interactions were positive

4.8/5

Clarity of process and timeline

"By far the best grant application experience I have ever had."

Grantee survey respondent, 2025

Investing in Families, Strengthening Communities

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Steelcase Foundation 2024 Annual Report title is displayed in a circular design, reflecting unity and community focus.
Two women share a joyful moment at a sunlit table, reflecting community and connection in an inviting space.

Strategy 1

Elevating Community Brilliance + Expertise

$501,281 ($625,804)

Kids and adults enjoy a sunny day together as a child in a pink swimsuit slides down a slip-and-slide, laughter all around.

Strategy 2

Strategic Partnership to Meeting Community Needs

$5,566,225 ($3,639,559)

People of all ages gather at a long table, collaboratively shaping clay and sharing creative learning in community.

Strategy 3

Systemic Change + Movement Building Grants

$1,094,019 ($2,993,235)

Our 2025 Impact

Total Giving

In 2025, the Steelcase Foundation contributed $7.8M+ to support efforts to increase access to quality public education and cultivate communities that create conditions for children and families to thrive.

$7,892,228.14

($7,258,598)

Vibrant abstract orange background with dynamic shapes, plus yellow and blue stripes symbolizing unity and opportunity.

$7,149,076.17

($7,258,598)

$730,630.62

($XXX,XXX.XX)

$493,295.23

($239,591.20)

Our 2025 Grantmaking

Total Grantmaking

In 2025, the Steelcase Foundation contributed over $7.1M to support efforts to increase access to quality public education and cultivate communities that create conditions for children and families to thrive.

$7,149,076.17

($7,258,598)

Dynamic green geometric design with yellow and orange accents, evoking unity and progress for inclusive community growth.

Elevating Community Brilliance + Expertise

$501,281

($625,804)

Strategic Partnership to Meeting Community Needs

$5,566,225.48

($3,639,559.00)

Systemic Change + Movement Building Grants

$1,094,019.04

($2,993,235.00)

Our 2026 Matching Gifts

For nearly 30+, the Steelcase Foundation has provided a 1:1 match for gifts of US-based Steelcase employees, retirees and directors to qualified nonprofits up to $10,000 annually, amplifying our efforts to support communities and the causes they care most about.

Total Gift Matching

$730,630.62

Our 2025 Financials

Statement of Financial Position

Year ended Dec. 31, 2025

Assets20242023
Cash & Cash Equivalents$955,300$2,759,645
Investments$127,856,791$123,149,063
Pending Trade Receivables$113,084
Fixed Assets$33,150$42,621
Total Assets$128,845,241$126,164,413

 

Liabilities & Net Assets20242023
Liabilities: Grants Payable$7,517,950$7,264,644
Liabilities: Pending Trade Tables$38,540
Net Assets: Unrestricted$121,845,241$118,899,769
Total Liabilities & Net Assets$128,845,241$126,164,413

Statements of Activities

Year ended Dec. 31, 2025

Revenues20242023
Contributions$539,183$261,000
In-Kind Contributions$724,925$695,043
Investment Return, Net$9,805,132$9,820,601
Total Revenues$11,069,240$10,776,644

 

Expenses20242023
Grants & Matching Gifts$7,773,829$7,665,637
Management & General$906,429$856,067
Total Expenses$8,680,258$8,521,704

Net Assets Without Donor Restrictions, Beginning of Year$118,899,769$116,644,829
Nest Assets Without Donor Restrictions, End of Year$121,288,751$116,644,829
Changes in Net Assets Without Donor Restrictions$2,388,982$2,254,940