Black Hills Corporation Foundation

RAPID CITY, SD EIN: 75-2986866

Black Hills Corporation Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAPID CITY, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $296K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.5M

+4.7% YoY

Annual Giving

$1.0M

+4.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.0M

+4.0% YoY

Under IRS private-foundation payout rules, Black Hills Corporation Foundation reported a distributable amount of $344K for 2024 — the minimum it must pay out in qualifying distributions.

About Black Hills Corporation Foundation

Based on IRS filings

Black Hills Corporation Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAPID CITY, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $296K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Rapid City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$362K$724K$1M$1M20202021202220232024
Metric202420232022
Total Assets$5,457,175$5,210,733$5,265,781
Revenue$1,316,656$983,903$948,096
Expenses$1,062,590$1,020,376$859,209
Qualifying Distributions$1,025,929$986,024$843,175
Net Investment Income$295,697$208,162$185,083
Distributable Amount$343,987$300,229$309,445

Giving Over Time

Total grant dollars and number of grants per year

$0$256K$513K$769K$1M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED LISTING$1.0M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K4$500K–1M1$1–5M$5M+

Open Grants

2 open opportunities from Black Hills Corporation Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached Listing ($1,025,929).

RecipientPurposeAmount
SEE ATTACHED LISTING RAPID CITY, SDCHARITABLE$1,025,929

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KATIE FLEMINGPRESIDENT0.25
JENNIFER ALTIERIVICE PRESIDE0.25
JOSH WOSEPKATREASURER0.75
MICHELLE MERCHENSECRETARY3
BRETT ANDERSONDIRECTOR0.25
KELLIE ASHCRAFTDIRECTOR0.25
WES ASHTONDIRECTOR0.25
FRANKI COULTERDIRECTOR0.25
LINN EVANSDIRECTOR0.25
MARC EYREDIRECTOR0.25
DONNA GENORADIRECTOR0.25
JOHN HILLDIRECTOR0.25
KEVIN JAROSZDIRECTOR0.25
MARNE JONESDIRECTOR0.25
KIM NOONEYDIRECTOR0.25
NICK WAGNERDIRECTOR0.25
BRIAN WEBERDIRECTOR0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Black Hills Corporation Foundation?

Black Hills Corporation Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAPID CITY, SD. It holds $5.5M in total assets as of 2024.

How large is Black Hills Corporation Foundation?

As of 2024, Black Hills Corporation Foundation holds $5.5M in total assets with $1.3M in annual revenue. It awarded 1 grants totaling $1.0M in 2024.

Where does Black Hills Corporation Foundation operate?

Black Hills Corporation Foundation has awarded grants in South Dakota.

What size grants does Black Hills Corporation Foundation award?

In 2024, Black Hills Corporation Foundation awarded 1 grants totaling $1.0M — an average of about $1.0M per grant, based on its IRS Form 990 filings.

How much is Black Hills Corporation Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Black Hills Corporation Foundation reported a distributable amount of $344K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Black Hills Corporation Foundation's EIN?

Black Hills Corporation Foundation's EIN (Employer Identification Number) is 75-2986866. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Black Hills Corporation Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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