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Foundation Dossiers

Illinois · Public charity

Steel Founders' Society of America

To promote the general welfare of all engaged in or affected by the manufacture and sale of steel or alloy castings.

$53k
Granted FY2024(still arriving)
1
Itemized grants FY2024
1
Organizations funded FY2021
Read the full brief

Read this first · the figures below need context

100% of Steel Founders' Society of America’s FY2024 grant dollars went to Foundry Educational Foundation Dba Fef, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 0 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

1
’21
0
’23
0
’24

Amber years are those where most dollars went to a sponsor.

Itemized, FY2024
$10k
The rest is grants the schedule does not break out
Median grant, FY2024
$10,000
Largest grant, FY2024
$10,000
States reached, FY2024
1
Total assets, FY2024
$6.8M
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.

Philanthropy$27kEmployment$18k

Top grantees

Largest recipients by total granted, FY2021 to FY2021, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Steel Founders' Society Foundation$27,000140%

Compare Steel Founders' Society of America with peer funders

About Steel Founders' Society of America

How much does Steel Founders' Society of America give?
Steel Founders' Society of America reported 1 itemized grants totaling $10,000, out of $53,227 in total grant expense reported on the return in its FY2024 IRS filing.
What does Steel Founders' Society of America fund?
By grant dollars over FY2021 to FY2021, its largest causes are Philanthropy (61%), Employment (39%).
Who are Steel Founders' Society of America's largest grantees?
By total granted over FY2021 to FY2021: Steel Founders' Society Foundation ($27k).
Where is Steel Founders' Society of America based?
Steel Founders' Society of America is based in IL.

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 2 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 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

Play a game based on Steel Founders' Society of America’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home