Sioux Steel Company Foundation
Sioux Steel Company Foundation is a private foundation based in Sioux Falls, South Dakota. The organization has been tax-exempt since November 1958 and operates as a 501(c)(3) nonprofit. The foundation focuses on grantmaking to support charitable causes across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$126K
+68.2% YoY
Grant Count
28
+33.3% YoY
Avg Grant Size
$4K
+26.2% YoY
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education — including STEM education, science teacher support, and grants for education nonprofits
- Human Services — social welfare and low-income support programs
- Youth Development — youth services and child welfare initiatives
- Disability Services — handicapped youth development programs
- General Purpose Support — annual and capital campaigns
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$350–$33,500
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- South Dakota
- Wisconsin
- Minnesota
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Most Recent Filing (2024):
- Total Assets: $1,825,283
- Total Giving: $125,500–$200,334
- Total Revenue: $242,179
- Total Expenses: $216,701
- Annual Giving Rate: 6.8%–11.1% of assets
Historical Data (2023):
- Revenue: $219,000
- Expenses: $133,000
- Total Assets: $1.79 million
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
149 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Joelle M Johnson — President and Director (10 hours/week)
- Steven Malsam Rysdon — Vice President and Director (0.1 hours/week)
- Scott Gardner Rysdon — Treasurer and Director (0.1 hours/week)
- Jimmie Gayle Rysdon — Secretary and Director (0.1 hours/week)
- Phillip M Rysdon — Former President (served until April 2024)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILLIP M RYSDON | PRESIDENT UNTIL 4/2024 | 16 | — |
| JIMMIE GAYLE RYSDON | SECRETARY AND DIRECTOR | 0.1 | — |
| SCOTT GARDNER RYSDON | TREASURER AND DIRECTOR | 0.1 | — |
| JOELLE M JOHNSON | PRESIDENT AND DIRECTOR | 10 | — |
| STEVEN MALSAM RYSDON | VICE PRESIDENT AND DIRECTOR | 0.1 | — |
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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