A Letter from Our President, Daniel Williams
“Why am I here? And what’s my assignment?” Those questions, from civil rights leader Ms. Doris Crenshaw, became something of a guide for the Foundation this year: a way of returning, again and again, to clarity and purpose amid work that resists easy answers.
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
2025 Annual Report Story
2025 Annual Report Story
2025 Annual Report Story
Strategy 2
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.
Prior-year (2024) figures shown in parentheses.
$7,892,228.14
($7,258,598)
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)
Our 2025 Matching Gifts
For nearly 30 years, 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
| ASSETS | 2025 | 2024 |
|---|---|---|
| Cash & Cash Equivalents | $5,646,805 | $955,300 |
| Investments | $130,730,042 | $127,856,791 |
| Pending Trade Receivables | $113,586 | - |
| Fixed Assets | $23,678 | $33,150 |
| Total Assets | $136,514,111 | $128,845,241 |
| LIABILITIES & NET ASSETS | 2025 | 2024 |
|---|---|---|
| Grants Payable | $6,481,638 | $7,517,950 |
| Pending Trade Payables | - | $38,540 |
| Net Assets Without Donor Restrictions | $130,032,473 | $121,288,751 |
| Total Liabilities & Net Assets | $136,514,111 | $128,845,241 |
Statement of Activities
Year ended Dec. 31, 2025
| REVENUES | 2025 | 2024 |
|---|---|---|
| Contributions | $1,521,000 | $539,183 |
| In-Kind Contributions | $802,153 | $724,925 |
| Net Investment Return | $14,253,271 | $9,805,132 |
| Total Revenues | $16,576,424 | $11,069,240 |
| EXPENSES | 2025 | 2024 |
|---|---|---|
| Grants & Matching Gifts | $6,857,123 | $7,773,829 |
| Management & General | $975,579 | $906,429 |
| Total Expenses | $7,832,702 | $8,680,258 |
| Net Assets Without Donor Restrictions, Beginning of Year | $121,288,751 | $118,899,769 |
| Net Assets Without Donor Restrictions, End of Year | $130,032,473 | $121,288,751 |
| Changes in Net Assets Without Donor Restrictions | $8,743,722 | $2,388,982 |