Bethany Lutheran Foundation Inc

SIOUX FALLS, SD EIN: 20-1569453 Website

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

+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

Housing & Shelter

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Dakota $437K (100%)

States

South Dakota

Cities

Sioux Falls

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2025 grants, the largest include Bethany Lutheran Home for the Aged Inc ($184,716).

Recipient	Purpose	Amount
Bethany Lutheran Home for the Aged Inc Sioux Falls, SD	General support of operation of nursing homes	$184,716

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

Housing & Shelter

Frequently Asked Questions

What is Bethany Lutheran Foundation Inc?

Bethany Lutheran Foundation Inc is a nonprofit organization focused on Housing & Shelter, based in SIOUX FALLS, SD. It holds $608K in total assets as of 2025.

How large is Bethany Lutheran Foundation Inc?

As of 2025, Bethany Lutheran Foundation Inc holds $608K in total assets with $95K in annual revenue. It awarded 1 grants totaling $185K in 2025.

Where does Bethany Lutheran Foundation Inc operate?

Bethany Lutheran Foundation Inc has awarded grants in South Dakota.

What size grants does Bethany Lutheran Foundation Inc award?

In 2025, Bethany Lutheran Foundation Inc awarded 1 grants totaling $185K — an average of about $185K per grant, based on its IRS Form 990 filings.

What is Bethany Lutheran Foundation Inc's EIN?

Bethany Lutheran Foundation Inc's EIN (Employer Identification Number) is 20-1569453. IRS Form 990 filing data is available on this page for 2020–2025.