Steel Dynamics Foundation
At a glance
Key takeaways
- If your organisation is a 501(c)(3) public charity funded primarily from private sources, and it works in a community where Steel Dynamics employees live and work, its work fits the Foundation's stated priorities of higher education, STEM, finance and business, economic and community development, and human services.
- Most grants are modest: about 8 in 10 fall between $25,000 and $200,000 and half are $50,000 or less, so a request in that range is typical, although the largest grant in the filing was $1,000,000.
- Begin by sending a request to your local Steel Dynamics facility; if it is supported, the Foundation will email you an application to complete with financial information and return directly to it, and it gives special consideration to organisations backed by its facilities and by employees' time, talent and donations.
- Applications are accepted on a rolling basis, but 83% of its grant dollars to organisations went to groups it had already funded, so the process looks relationship-led and a local facility contact is the sensible first step.
- Organisations that are not 501(c)(3) public charities funded primarily from private sources, or that do not serve a community where Steel Dynamics employees live and work, should not apply.
Overview
Steel Dynamics Foundation is a US private foundation based in Fort Wayne, IN.
What they fund
Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.
Priority Areas
The Steel Dynamics Foundation awards grants to non-profit organisations in the local communities where its employees live and work. Its priorities are higher education, STEM, finance and business, economic and community development, and human services. It links post-secondary education and economic and community development with a better-educated workforce, a stronger economy, higher living standards and wider opportunities. For human services, it considers non-profit organisations with significant impact in their communities that serve a large population, meet the greatest needs and have the widest access. Applicants must be 501(c)(3) public charities receiving funding primarily from private sources, and their geographic focus must be a community where Steel Dynamics employees live and work.
Themes
- Higher education
- STEM
- Finance and business
- Economic & community development
- Human services
Geographic Focus
No geographic focus is stated; the filings show grants mainly in Indiana.
How to apply
The organisation first sends a request to its local Steel Dynamics facility. If supported, it receives a grant application by email, completes it with financial information and returns it directly to the Foundation.
Application success factors
- Repeat giving: In its TY2024 filing, 83% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
- Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 54 grants to organisations were $50,000 or less.
What the foundation says:
- The Foundation gives special consideration to organisations supported financially by its facilities and with employees’ time, talent and donations.
- For human-services applications, it considers significant impact in the community, a large population served, the greatest needs and the widest access.
Where grants go
From grants to organisations in the foundation’s filings for tax years 2022–2024.
Grant dollars by state
- The largest single recipient received 55% of grant dollars to organisations.
- In tax year 2024, 83% of grant dollars went to organisations Steel Dynamics Foundation had funded in earlier filings.
- No grants were paid directly to organisations outside the US.
- 3% of grant dollars went to intermediaries that regrant to other organisations.
Grants
How much do they typically give?
Share of 21 grants in tax year 2024 by size
Median $50,000 (tax year 2024)
The largest grants to organisations in the foundation’s latest filing:
- Trine University · College of health professions$1,000,0002024 tax year
- Trine University · New engineering wing$300,0002024 tax year
- Fort Wayne Zoo · Bamboo adventure$200,0002024 tax year
- Boys and Girls Club · New busses$150,0002024 tax year
- Junior Achievement · Ja next/ legacy park$100,0002024 tax year
- National Ornamental Metal Museum · Spark expansion campaign$100,0002024 tax year
- Trine University · Scholarships$85,0002024 tax year
- Arts United · Actor's house & green room$62,5002024 tax year
Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.
Officers and directors
- Mark D Millett — Director
- Richard A Poinsatte — Foundation Administrator / Treasurer
- Theresa E Wagler — President / Secretary
- James Marcuccilli — Director
From the latest Form 990-PF filing
3 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2022 tax year | $4,234,509 | $1,181,406 | $12,738,537 | Filing for 2022 tax year |
| 2023 tax year | $663,016 | $2,035,000 | $12,668,761 | Filing for 2023 tax year |
| 2024 tax year | $2,116,287 | $2,492,500 | $11,398,214 | Filing for 2024 tax year |
Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.
Sources
Registers and filings
Other sources
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At a glance

Applying to Steel Dynamics Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- (260) 969-3500
- Fort Wayne, IN
- steeldynamicsfoundation.org

Applying to Steel Dynamics Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- (260) 969-3500
- Fort Wayne, IN
- steeldynamicsfoundation.org