The Bethany Lutheran Foundation's primary focus is to raise funds to aid in the continuing operations of Bethany Lutheran Home for the Aged Inc.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$608K
-11.1% YoY
Annual Giving
$185K
+329.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$185K
+329.6% YoY
About Bethany Lutheran Foundation Inc
Based on IRS filings
Bethany Lutheran Foundation Inc is a nonprofit organization focused on Housing & Shelter, based in SIOUX FALLS, SD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $608K in total assets. In 2025, it awarded 1 grants totaling $185K. Net investment income was $25K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $608,155 | $684,354 | $645,953 |
| Revenue | $94,762 | $97,105 | $95,090 |
| Expenses | $195,062 | $68,193 | $131,991 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $25,121 | $-10,719 | $-5,214 |
| 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 1 recipients in 2025
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Deborah Herrboldt | CEO/Administrator | 1 | — |
| James Erickson | Foundation Director | 44 | — |
| Heather Kroger | CFO/BLH | 1 | — |
| Denis Andersen | President | 0.5 | — |
| Jim Heinitz | Vice President | 0.5 | — |
| Cathy Larson | Secretary | 0.5 | — |
| David Martin | Treasurer (until Oct 2024) | 0.5 | — |
| Jim Sanden | Board Member | 0.5 | — |
| Dr Victoria Walker | Board Member | 0.5 | — |
| Sarah Schulte | Board Member (until Mar 2025) | 0.5 | — |
| Jeff Gould | Board Member | 0.5 | — |
| Sue Martins | Board Member | 0.5 | — |
| Mike Kaiser | Board Member | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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A Coe & Dorothy Frankhauser Trust
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Total Given
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Ride Therapy Project
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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