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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. Total assets have grown from $8.6M in 2011 to $11.4M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Indiana. 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.
Smallest Grant
$10K
Median Grant
$50K
Average Grant
$79K
Largest Grant
$300K
Based on 23 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Theresa E Wagler | PRESIDENT/SE | $0 | $0 | N/A |
| Richard A Poinsatte | FND ADMIN/TR | $0 | $0 | N/A |
| Mark D Millett | DIRECTOR | $0 | $0 | N/A |
| James Marcuccilli | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$11.4M
Fair Market Value
N/A
Net Worth
$7.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Mississippi State UniversityAUTISM CLINIC | Mississippi State, MS | $13K | 2022 |
| Trine UniversityCOLLEGE OF HEALTH PROFESSIONS | Angola, IN | $1M | 2023 |
| 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 |
| Questa Foundation For EducationSCHOLARSHIPS-STEM TALENT | Fort Wayne, IN | $40K | 2023 |
| Grace CollegeLILLY CENTER FOR LAKES & STREAMS | Winona Lake, IN | $40K | 2023 |
| Matthew 25 Health & DentalGENERAL SUPPORT | Fort Wayne, IN | $40K | 2023 |
| ScanPROGRAM SUPPORT | Fort Wayne, IN | $25K | 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 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN