Nucor Charitable Foundation

Annual Giving
$3.6M
Grant Range
$5K - $1.0M

Quick Stats

  • Annual Giving: $2.5M - $3.6M (varies annually)
  • Success Rate: Not publicly disclosed
  • Decision Time: Not publicly disclosed
  • Grant Range: $5,000 - $1,000,000
  • Geographic Focus: Communities where Nucor operates (primarily AL, AZ, AR, CA, CT, DC, GA, IL, IN, LA, MS, MO, MT, NE, NV, NY, NC, OH, PA, SC, TN, TX, UT, VA, WA, WI)

Contact Details

The foundation does not provide public contact information for grant applications. The foundation is administered by Nucor Corporation officers on a voluntary basis.

Foundation Address: Charlotte, NC EIN: 87-3559274

Overview

The Nucor Charitable Foundation is a private grantmaking foundation established in May 2022 and based in Charlotte, North Carolina. With total assets of approximately $32.9 million as of 2024, the foundation distributed $3,618,800 in grants in 2024 through 43 awards, and $2,492,500 in 2023 through 22 grants. The foundation operates as the charitable arm of Nucor Corporation, one of North America's largest steel producers. Its mission focuses on supporting nonprofit organizations in communities where Nucor maintains operations, with an emphasis on education (particularly STEM), health, and community development initiatives. The foundation operates separately from Nucor Foundation Inc., which focuses specifically on educational scholarships for Nucor employees' children and community members.

Funding Priorities

Grant Programs

The Nucor Charitable Foundation operates through trustee-directed grantmaking without formal program categories. Grants range from $5,000 to $1,000,000, with a median grant size of approximately $45,000.

Application Method: No public application process; grants awarded through trustee discretion

Priority Areas

Based on recent grant recipients, the foundation supports:

  • Health Organizations: American Heart Association ($500,000), American Cancer Society ($28,000)
  • Disaster Relief: American National Red Cross ($150,000)
  • Education: Central Piedmont Community College Foundation ($150,000), Classroom Central Inc ($125,000)
  • Community Development: Various local organizations in Nucor operating communities
  • STEM Education: K-12 schools and nonprofits focused on science, technology, engineering, and mathematics
  • Environmental Initiatives: Nonprofits working on environmental causes

Geographic Focus

The foundation concentrates its giving in communities where Nucor Corporation operates facilities, including cities such as Atlanta, Birmingham, Butte, Charlotte, Columbia, Dallas, Hernando, Kennesaw, Lancaster, and Los Angeles. States funded include Alabama, California, District of Columbia, Georgia, Mississippi, Montana, North Carolina, South Carolina, and Texas.

What They Don't Fund

Specific exclusions are not publicly documented, though the foundation does not accept unsolicited applications.

Governance and Leadership

The Nucor Charitable Foundation is governed by a board of trustees consisting of Nucor Corporation executives who serve on a voluntary basis without compensation:

  • Donovan E. Marks, President - General Manager, Human Resources at Nucor Corporation
  • John A. Bullins, Vice President
  • Carolyn Koonts, Secretary
  • A. Rae Eagle, Trustee
  • Daniel Krug, Trustee

All leadership serves in a voluntary capacity, reflecting the foundation's connection to Nucor Corporation's corporate leadership structure.

Application Process & Timeline

How to Apply

This funder does not have a public application process. The Nucor Charitable Foundation does not accept unsolicited grant proposals or applications. Grants are awarded at the discretion of the foundation's board of trustees, who identify and select recipients based on the foundation's strategic priorities and connections to Nucor Corporation's operating communities.

The foundation appears to make grants to organizations through:

  • Trustee identification of community needs in Nucor operating areas
  • Pre-existing relationships with established nonprofit organizations
  • Strategic alignment with Nucor's corporate community engagement priorities

Decision Timeline

Not publicly disclosed, as grants are awarded through trustee discretion rather than formal application cycles.

Success Rates

Not applicable, as the foundation does not accept public applications.

Reapplication Policy

Not applicable, as the foundation does not have a formal application process.

Application Success Factors

Since the Nucor Charitable Foundation does not accept unsolicited applications, traditional application success factors do not apply. However, organizations that receive grants from this foundation typically share these characteristics:

  • Geographic Connection: Located in or serving communities where Nucor Corporation maintains manufacturing facilities or operations
  • Mission Alignment: Focus on health, education (especially STEM), environmental causes, or community development
  • Established Reputation: National organizations with strong track records (American Heart Association, American Red Cross, American Cancer Society) or well-established local nonprofits
  • Community Impact: Organizations that serve the same communities where Nucor employees and their families live and work

Key Takeaways for Grant Writers

  • The Nucor Charitable Foundation operates as an invitation-only funder and does not accept unsolicited grant proposals
  • Grant decisions are made at the discretion of trustees, who are Nucor Corporation executives serving voluntarily
  • Geographic proximity to Nucor facilities and operations is a critical factor in funding decisions
  • The foundation supports a broad range of causes including health, education (particularly STEM), environmental initiatives, and community development
  • Grant sizes vary significantly from $5,000 to $1,000,000, with a median around $45,000
  • Recent funding shows preference for both major national organizations and local community-based nonprofits
  • Organizations seeking support should focus on building relationships with Nucor's corporate community engagement initiatives rather than submitting unsolicited proposals

References

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