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Steel Dynamics Foundation Inc. is a private corporation based in FORT WAYNE, IN. The foundation received its IRS ruling in 2009. The principal officer is % Theresa Wagler. It holds total assets of $11.4M. Annual income is reported at $11.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Steel Dynamics Foundation Inc. has made 95 grants totaling $7.6M, with a median grant of $40K. The foundation has distributed between $1.3M and $2.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.4M distributed across 36 grants. Individual grants have ranged from $10K to $1M, with an average award of $79K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Indiana, West Virginia, Pennsylvania, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Steel Dynamics Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in IN, WV, PA.
Steel Dynamics Foundation Inc. has distributed a total of $7.6M across 95 grants. The median grant size is $40K, with an average of $79K. Individual grants have ranged from $10K to $1M.
RECIPIENTS MUST BE A QUALIFIED EXEMPT ORGANIZATION UNDER IRC SECTION 501(C)(3) IN COMMUNITIES IN WHICH STEEL DYNAMICS, INC AND ITS SUBSIDIARIES HAVE EMPLOYEES.
Steel Dynamics Foundation Inc. is headquartered in FORT WAYNE, IN. While based in IN, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keith E Busse | DIRECTOR | $0 | $0 | $0 |
| Theresa E Wagler | PRESIDENT/SE | $0 | $0 | $0 |
| Richard A Poinsatte | FND ADMIN/TR | $0 | $0 | $0 |
| Mark D Millett | DIRECTOR | $0 | $0 | $0 |
| James Marcuccilli | DIRECTOR | $0 | $0 | $0 |
Total Giving
$663K
Total Assets
$12.7M
Fair Market Value
$12.7M
Net Worth
$8.5M
Grants Paid
$600K
Contributions
$4K
Net Investment Income
$859K
Distribution Amount
$611K
Total: $11.4M
Total Grants
95
Total Giving
$7.6M
Average Grant
$79K
Median Grant
$40K
Unique Recipients
25
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersYOUTH MENTORING PROGRAM | Fort Wayne, IN | $30K | 2023 |
| ScanPROGRAM SUPPORT | Fort Wayne, IN | $25K | 2023 |
| Mississippi State UniversityAUTISM CLINIC | Mississippi State, MS | $13K | 2022 |
| Trine UniversityCOLLEGE OF HEALTH PROFESSIONS | Angola, IN | $1M | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Boys And Girls ClubNEW BUSSES |
| Fort Wayne, IN |
| $150K |
| 2023 |
| University Of St FrancisSCHOLARHIPS | Fort Wayne, IN | $115K | 2023 |
| TurnstoneSUSTAINABILITY FOR THE FUTURE | Fort Wayne, IN | $60K | 2023 |
| Fort Wayne PhilharmonicPATRIOTIC POPS CONCERT SERIES | Fort Wayne, IN | $50K | 2023 |
| Science CentralFIRE SPRINKLER AND FIRE PANEL | Fort Wayne, IN | $50K | 2023 |
| Grace CollegeLILLY CENTER FOR LAKES & STREAMS | Winona Lake, IN | $40K | 2023 |
| Matthew 25 Health & DentalGENERAL SUPPORT | Fort Wayne, IN | $40K | 2023 |
| Questa Foundation For EducationSCHOLARSHIPS-STEM TALENT | Fort Wayne, IN | $40K | 2023 |
| National Kidney FoundationGOLF CLASSIC AND GATOR CLASSIC | Fort Wayne, IN | $25K | 2023 |
| Marshall University Foundation IncGENERAL FUNDING | Huntington, WV | $25K | 2023 |
| Junior AchievementFINANCE PARK/ BIZTOWN | Fort Wayne, IN | $150K | 2022 |
| Smith Academy For ExcellenceSCHOLARSHIPS | Fort Wayne, IN | $100K | 2022 |
| World Baseball AcademyPHASE 2 | Fort Wayne, IN | $80K | 2022 |
| Fort Wayne Museum Of ArtSIGNATURE EXHIBITION PROGRAM | Fort Wayne, IN | $30K | 2022 |
| Human Services Center CorpSUPPORT FOR YOUTH PROGRAMS | Turtle Creek, PA | $20K | 2022 |
| Center For Whitley County YouthPROGRAM SUPPORT | Columbia City, IN | $20K | 2022 |
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