Steel Dynamics Foundation Inc
Fort Wayne, IN · EIN 26-3012038. Reported 75 grants totalling $7,051,406 to 27 organizations across tax years 2021-2024. This foundation did not tell the IRS it funds only preselected organizations.
Does this foundation accept applications?
Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Steel Dynamics Foundation Inc did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.
How big are its grants?
The median grant is $50,000. Half of everything it gave fell between $25,000 and $100,000; the smallest was $10,000 and the largest $1,000,000. If you are asking for materially more than the top of that range, you are asking the wrong foundation.
Every organization it funded
This is the complete list from its filings, largest first. Years funded is the number of separate tax years in which the organization received money -- more than one means a real relationship rather than a one-off.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| Trine University | Angola, IN | $3,528,906 | 10 | 4 | 2024 |
| Boys and Girls Club | Fort Wayne, IN | $500,000 | 4 | 4 | 2024 |
| Junior Achievement | Fort Wayne, IN | $400,000 | 3 | 3 | 2024 |
| Turnstone | Fort Wayne, IN | $240,000 | 4 | 4 | 2024 |
| Fort Wayne Philharmonic | Fort Wayne, IN | $200,000 | 4 | 4 | 2024 |
| Fort Wayne Zoo | Fort Wayne, IN | $200,000 | 1 | 1 | 2024 |
| University of St Francis | Fort Wayne, IN | $180,000 | 2 | 2 | 2023 |
| Questa Foundation for Education | Fort Wayne, IN | $155,000 | 4 | 4 | 2024 |
| Matthew 25 Health & Dental | Fort Wayne, IN | $150,000 | 4 | 4 | 2024 |
| World Baseball Academy | Fort Wayne, IN | $130,000 | 2 | 2 | 2022 |
| American Red Cross | Fort Wayne, IN | $125,000 | 1 | 1 | 2021 |
| Grace College | Winona Lake, IN | $120,000 | 3 | 3 | 2024 |
| Fort Wayne Museum of Art | Fort Wayne, IN | $100,000 | 3 | 3 | 2024 |
| Marshall University Foundation Inc | Huntington, WV | $100,000 | 4 | 4 | 2024 |
| National Kidney Foundation | Fort Wayne, IN | $100,000 | 4 | 4 | 2024 |
| National Ornamental Metal Museum | Memphis, TN | $100,000 | 1 | 1 | 2024 |
| Rescue Mission | Fort Wayne, IN | $100,000 | 1 | 1 | 2021 |
| Science Central | Fort Wayne, IN | $100,000 | 2 | 2 | 2024 |
| Smith Academy for Excellence | Fort Wayne, IN | $100,000 | 1 | 1 | 2022 |
| Big Brothers Big Sisters | Fort Wayne, IN | $80,000 | 4 | 4 | 2024 |
| Scan | Fort Wayne, IN | $65,000 | 3 | 3 | 2024 |
| Arts United | Fort Wayne, IN | $62,500 | 1 | 1 | 2024 |
| Human Services Center Corp | New Castle, PA | $60,000 | 3 | 3 | 2024 |
| Ne Indiana Fund | Fort Wayne, IN | $50,000 | 1 | 1 | 2024 |
| Center for Whitley County Youth | Columbia City, IN | $40,000 | 2 | 2 | 2022 |
| Ivy Tech Foundation | Fort Wayne, IN | $40,000 | 1 | 1 | 2021 |
| Mississippi State University | Mississippi State, MS | $25,000 | 2 | 2 | 2022 |
19 of 27 (70%) received money in more than one year over the 4 years we hold.
Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 75%, across 3 year-to-year transitions. The median foundation retains about 67%, so this one is unusually consistent. A high number means its list is close to settled and a newcomer has to displace someone; a low one means it is still moving money around, which is where an opening is.
What the money was for
Taken verbatim from the purpose field of its filings. This is the closest thing to a statement of what this foundation cares about, in its own words.
- Trine University
COLLEGE OF HEALTH PROFESSIONS - Boys and Girls Club
CAPITAL EXPANSION- CLUB HOUSE - Rescue Mission
NEW FACILITY CONSTRUCTION - Arts United
ACTOR'S HOUSE & GREEN ROOM - Turnstone
SUSTAINABILITY FOR THE FUTURE - Fort Wayne Philharmonic
PATRIOTIC POPS CONCERT SERIES
What kind of organizations it funds
By the recipient's own IRS classification, for the 50 grants where we could identify the organization. These are assigned categories, not our guesses.
Giving by year
| Tax year | Grants | Total | Median grant |
|---|---|---|---|
| 2021 | 21 | $1,342,500 | $40,000 |
| 2022 | 18 | $1,181,406 | $40,000 |
| 2023 | 15 | $2,035,000 | $50,000 |
| 2024 | 21 | $2,492,500 | $50,000 |
Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.
Already committed for future years
Form 990-PF has a separate schedule for grants approved but not yet paid. Steel Dynamics Foundation Inc has 18 of them, worth $6,345,000. This is the one part of the filing that looks forward rather than back -- and it also tells you how much of the next year's budget is already spoken for.
| Organization | Location | Approved |
|---|---|---|
| Trine University | Angola, IN | $3,000,000 |
| Vincent Village | Fort Wayne, IN | $1,000,000 |
| Boys and Girls Club | Fort Wayne, IN | $450,000 |
| Smith Academy for Excellence | Fort Wayne, IN | $400,000 |
| Arts United | Fort Wayne, IN | $250,000 |
| Junior Achievement | Fort Wayne, IN | $200,000 |
| Questa Foundation for Education | Fort Wayne, IN | $160,000 |
| Science Central | Fort Wayne, IN | $150,000 |
| Matthew 25 Health & Dental | Fort Wayne, IN | $120,000 |
| Fort Wayne Philharmonic | Fort Wayne, IN | $100,000 |
| Big Brothers Big Sisters | Fort Wayne, IN | $90,000 |
| Fort Wayne Museum of Art | Fort Wayne, IN | $80,000 |
| Grace College | Winona Lake, IN | $80,000 |
| Marshall University Foundation Inc | Huntington, WV | $75,000 |
| National Kidney Foundation | Fort Wayne, IN | $50,000 |
Where its money goes
Foundations concentrate geographically far more than their mission statements suggest. 96% of this one's giving went to organizations in Indiana. If you are outside its footprint, that matters more than how well your programme fits.
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Funders that support the same organizations
These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are the strongest available signal that two funders have overlapping priorities, and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.
How to approach this foundation
- Check you are its size. The median grant is $50,000. Asking for ten times that is the most common way small organizations waste a submission.
- Check you are in its geography. Its giving is concentrated in Indiana.
- Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
- Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.
Where these numbers come from
Everything above is taken from Steel Dynamics Foundation Inc's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred, or estimated.
Address of record on the latest return: 7575 W Jefferson Blvd, Fort Wayne, IN, 46804. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.
EIN 26-3012038 · See the original filings on ProPublica · How we build this
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