Nucor Foundation Inc
Nucor Foundation Inc is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $568K in total assets. In 2024, it awarded 1 grants totaling $2.8M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$568K
+153.4% YoY
Annual Giving
$2.8M
+3.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.8M
+3.7% YoY
Under IRS private-foundation payout rules, Nucor Foundation Inc reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Nucor Foundation Inc
Based on IRS filings
Nucor Foundation Inc is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $568K in total assets. In 2024, it awarded 1 grants totaling $2.8M.
Ready to take the next step with Nucor Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $568,242 | $224,206 | $190,566 |
| Revenue | $3,110,912 | $2,700,892 | $2,400,000 |
| Expenses | $2,766,876 | $2,667,252 | $2,307,391 |
| Qualifying Distributions | $2,766,876 | $2,667,252 | $2,307,391 |
| Net Investment Income | — | — | — |
| Distributable Amount | $18,639 | $13,661 | $10,835 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various ($2,766,276).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS Various, NC | Education Scholarship | $2,766,276 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEON J TOPALIAN | PRESIDENT | — | — |
| STEVEN D LAXTON | TREASURER | — | — |
| DONOVAN D MARKS | VP | — | — |
| A RAE EAGLE | SECRETARY | — | — |
Frequently Asked Questions
How large is Nucor Foundation Inc?
As of 2024, Nucor Foundation Inc holds $568K in total assets with $3.1M in annual revenue. It awarded 1 grants totaling $2.8M in 2024.
Where does Nucor Foundation Inc operate?
Nucor Foundation Inc has awarded grants in North Carolina.
What size grants does Nucor Foundation Inc award?
In 2024, Nucor Foundation Inc awarded 1 grants totaling $2.8M — an average of about $2.8M per grant, based on its IRS Form 990 filings.
How much is Nucor Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nucor Foundation Inc reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nucor Foundation Inc's EIN?
Nucor Foundation Inc's EIN (Employer Identification Number) is 23-7318064. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nucor Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
State Employees Credit Union Foundation
RALEIGH, NC
Assets
$68.8M
Grants
1,788
Total Given
$17.3M
Foundation for the Carolinas
CHARLOTTE, NC
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
ASHEVILLE, NC
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
WINSTONSALEM, NC
Assets
$630.1M
Grants
823
Total Given
$88.8M
GiveClear Foundation
CHARLOTTE, NC
Assets
$215.4M
Grants
816
Total Given
$28.8M
North Carolina Community Foundation
RALEIGH, NC
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
DURHAM, NC
Assets
$311.2M
Grants
558
Total Given
$23.4M
The Labcorp Charitable Foundation
BURLINGTON, NC
Assets
$19.8M
Grants
558
Total Given
$2.6M
The Community Foundation
ASHEVILLE, NC
Assets
$434.9M
Grants
514
Total Given
$17.7M
The Duke Endowment
CHARLOTTE, NC
Assets
$3.6B
Grants
480
Total Given
$251.2M
The Leon Levine Foundation
CHARLOTTE, NC
Assets
$1.1B
Grants
433
Total Given
$42.2M
The Morehead-cain Foundation
CHAPEL HILL, NC
Assets
$225.5M
Grants
409
Total Given
$13.8M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Nucor Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Nucor Foundation Inc to a real strategy.