Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Nucor Charitable Foundation, based in Charlotte, NC, is a philanthropic organization with assets totaling $27,944,851. In the most recent fiscal year, the foundation reported expenses of $2,606,806 and revenue of $13,036,266. The foundation supports a variety of initiatives across several cities and states, including Atlanta, Birmingham, Butte, Charlotte, Columbia, Dallas, Hernando, Kennesaw, Laguna Beach, Lancaster, Los Angeles, and Washington, D.C. The states funded include Alabama, California, District of Columbia, Georgia, Mississippi, Montana, North Carolina, South Carolina, and Texas. The foundation is managed by a team of directors and officers, including Donovan E. Marks as President and Carolyn Koonts as Secretary, all of whom work on a voluntary basis without compensation. The foundation does not specify particular subject areas for its funding, indicating a broad philanthropic focus.
Focus Areas
Geographic Focus
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Financials
+2.6% from previous year
22 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $3,000,000 | CHARLOTTE RESCUE MISSION | GENERAL SUPPORT | Charlotte, NC, US | 2023 |
| $2,000,000 | MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION | GENERAL SUPPORT | Butte, MT, US | 2023 |
| $1,000,000 | CHARLOTTE MECKLENBURG LIBRARY FOUNDATION | GENERAL SUPPORT | Charlotte, NC, US | 2023 |
| $1,000,000 | GLOBAL WAR ON TERRORISM MEMORIAL | GENERAL SUPPORT | Washington, DC, US | 2024 |
| $750,000 | AMERICAN HEART ASSOCIATION | GENERAL SUPPORT | Dallas, TX, US | 2023 |
| $500,000 | AMERICAN HEART ASSOCIATION | GENERAL SUPPORT | Dallas, TX, US | 2024 |
| $300,000 | AFRO-AMERICAN CULTURAL CENTER | GENERAL SUPPORT | Charlotte, NC, US | 2023 |
| $255,000 | THE SALVATION ARMY | GENERAL SUPPORT | Atlanta, GA, US | 2024 |
| $250,000 | THE SALVATION ARMY | GENERAL SUPPORT | Atlanta, GA, US | 2023 |
| $150,000 | AMERICAN NATIONAL RED CROSS | GENERAL SUPPORT | Washington, DC, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
LR
LAUREN RUSSELL
| ASSISTANT SECRETARY | $0 | 2024 |
AR
A RAE EAGLE
| DIRECTOR | $0 | 2024 |
BP
BENJMAIN PICKETT
| DIRECTOR | $0 | 2024 |
DC
D CHAD UTERMARK
| DIRECTOR | $0 | 2024 |
DK
DANIEL KING
| DIRECTOR | $0 | 2024 |
LAUREN RUSSELL
ASSISTANT SECRETARY
A RAE EAGLE
DIRECTOR
BENJMAIN PICKETT
DIRECTOR
D CHAD UTERMARK
DIRECTOR
DANIEL KING
DIRECTOR
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025