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Indiana · Private foundation

Steel Dynamics Foundation Inc

Its FY2024 filing reports that it accepted unsolicited grant applications.

$2.5M
Granted FY2024(still arriving)
21
Grants FY2024
13
Organizations funded FY2023
8%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$50,000
Largest grant, FY2024
$1,000,000
Organizations funded a year
13 to 24
FY2017 to FY2023
States reached, FY2024
4
Total assets, FY2024
$11M
Applications
Takes unsolicited applications
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 8% of the organizations Steel Dynamics Foundation Inc funded were first-time grantees, receiving 2% of its grant dollars.

New vs renewed · share of each year

In FY2023, 98% of grant dollars renewed an existing relationship; $50k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
EducationArts & CultureOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving19$2.5M21%
FY202313$2.0M8%
FY202217$1.2M0%
FY202120$1.3M0%
FY202020$1.8M5%
FY201923$1.5M17%
FY201823$1.4M17%
FY201724$1.5Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$7.0MYouth Development$1.9MHealth$1.2MArts & Culture$943kRecreation & Sports$730kPublic Safety & Disaster$415kHousing & Shelter$300kHuman Services$265kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 22 grantees

What it could do for these grantees

Plus 16 recipients with no EIN on record ($4.1M), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Steel Dynamics Foundation Inc supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTrine University: $5,363,906 over 8y, 0.7% of budgetTurnstone Center for Children & Adults With Disabilities Inc: $600,000 over 8y, 2.1% of budgetUniversity of Saint Francis of Fort Wayne Indiana Inc: $590,000 over 6y, 0.2% of budgetWorld Baseball Academy Inc: $330,000 over 5y, 6.5% of budgetQuesta Education Foundation Inc: $295,000 over 8y, 1.9% of budgetFort Wayne Museum of Art Inc: $220,000 over 7y, 1.7% of budgetIvy Tech Foundation Inc: $200,000 over 5y, 0.3% of budgetNational Kidney Foundation Of Indiana Inc: $200,000 over 8y, 4.3% of budgetGrace Schools: $195,000 over 5y, 0.8% of budgetMarshall University Foundation Incorporated: $175,000 over 7y, 0.2% of budgetSmith Academy for Excellence: $125,000 over 2y, 7.7% of budgetIris Family Support Center Inc: $125,000 over 7y, 0.2% of budgetCenter for Whitley County Youth Inc: $120,000 over 6y, 8.2% of budgetBig Brothers Big Sisters of South Central Indiana: $120,000 over 8y, 7.0% of budgetNational Ornamental Metal Museum Inc: $100,000 over 1y, 2.1% of budgetScience Central Inc: $100,000 over 2y, 3.3% of budgetHuman Services Center Corporation: $90,000 over 5y, 1.2% of budgetMatthew 25 Inc: $63,000 over 1y, 0.7% of budgetPalmer Home for Children: $50,000 over 2y, 0.4% of budgetHuman Services Center: $20,000 over 1y, 0.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 20.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Surack Family Foundation IncIN22× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Surack Family Foundation Inc · The James Foundation Inc · Zollner Foundation · Olive B Cole Foundation Inc · Dr Louis a and Anne B Schneider Fdn · English-Bonter-Mitchell Fdn · Aws Foundation Inc · Nisource Charitable Foundation · Lincoln Financial Foundation Inc · Magee-O'Connor Foundation Inc I/C/O Mr Douglas E Miller · McComb Family Foundation Inc Att David McComb · Journal Gazette Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Steel Dynamics Foundation Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Steel Dynamics Foundation Inc?

Find your warmest path to Steel Dynamics Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Steel Dynamics Foundation Inc

How much does Steel Dynamics Foundation Inc give?
Steel Dynamics Foundation Inc reported 21 grants totaling $2,492,500 in its FY2024 IRS filing. It funded between 13 and 24 organizations a year over FY2017 to FY2023.
What does Steel Dynamics Foundation Inc fund?
By grant dollars over FY2017 to FY2024, its largest causes are Education (53%), Youth Development (15%), Health (9%).
Who are Steel Dynamics Foundation Inc's largest grantees?
By total granted over FY2017 to FY2024: Trine University ($5.4M), Turnstone Center for Children & Adults With Disabilities Inc ($600k), University of Saint Francis of Fort Wayne Indiana Inc ($590k).
Does Steel Dynamics Foundation Inc fund new organizations?
In FY2023, 8% of the organizations it funded were first-time grantees.
Does Steel Dynamics Foundation Inc accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as Steel Dynamics Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include Surack Family Foundation Inc, The James Foundation Inc, Zollner Foundation.
Where is Steel Dynamics Foundation Inc based?
Steel Dynamics Foundation Inc is based in IN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 38 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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