Black Hills State University Foundation logo

Black Hills State University Foundation

Public charity · Grantmaker Spearfish, SD EIN: 23-7428348 Website

To provide private gift support for bhsu. The foundation's purpose is to communiciate this to alumni, parents, friends, corporations, and foundations to obtain awarenes, understanding, acceptance, and support. The foundation also addresses both the short-term operating and long-term capital and endowment needs of bhsu.

Key facts about Black Hills State University Foundation

In short: Black Hills State University Foundation gave $267K across 1 grant in 2024 (avg $267K), mostly in South Dakota. Source: 2024 IRS Form 990.

EIN
23-7428348
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$266,680
Grants made (2024)
1
Average grant
$266,680
Median grant
$266,680
Total assets
$50,669,219
Primary geography
South Dakota (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$50.7M

+24.2% YoY

Annual Giving

$267K

-51.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$267K

-51.7% YoY

How Black Hills State University Foundation gives

  • Giving grew 29% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Black Hills State University Foundation

Based on IRS filings

Black Hills State University Foundation is a public charity focused on Education, based in Spearfish, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50.7M in total assets. In 2024, it awarded 1 grant totaling $267K. Net investment income was $1.8M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Spearfish

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $207K (2021) to $552K (2023). In 2024 it made 1 grant totaling $267K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Black Hills State University: $267KBlack Hills State University$267K

The largest 2024 recipient was Black Hills State University ($267K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K2$100–250K2$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 5 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Black Hills State University Spearfish, SDUniversity MGT Suppo$266,680

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$50,669,219$40,784,303$32,932,668
Revenue$19,930,124$5,184,228$4,334,811
Expenses$5,269,000$2,919,561$2,003,963
Net Investment Income$1,768,177$773,246$668,375

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS October 10, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 7, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Black Hills State University Foundation is led by Damian Ederhoff, President since 2023 (on filings since 2020); none of the 44 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Damian Ederhoff

    President

    Vice President → President, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Beth Benning

    Board Member

    Secretary → Board Member, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Craig Katt

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Daryl Johnson

    Board Member

    President → Board Member, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gary Johnson

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jim Moravec

    Vice President

    Board Member → Vice President, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Johnson

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Judy Dryden

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julie Pechota

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kathryn Johnson

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kathy J. Johnson

    Vice President of Financ

    On filings since 2020

    1 hr/week

    No compensation reported

  • Les Lindskov

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marla Barnard

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ron Meeker

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sandra Addy

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steve Meeker

    Executive Vice Pr

    On filings since 2020

    27 hrs/week

    No compensation reported

  • Tamara Burke

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Justin Varland

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ryan Wordeman

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Julie Olson

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Julie Benedict

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Tashi Braun

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ashley Pearson

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Beth Mathis

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Bill Hughes Passed Away

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Bob Young

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Dan Green

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Dana Dykhouse

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Darin Douglas

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Dave Little

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • David Mickelson

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Dillon Haug

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Forrest Brady

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Jim Alcorn

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • John Heck Passed Away

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Kay Schallenkamp

    Secretary

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Mike Kaitfors

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Neil Grandbouche

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Ron Junek

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Scott Graslie

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Stan Triplett

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Susan Peterson

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Terry Kelley

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Tim Penton

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (8)
  • Former: Matt Walters (2024) — Board Member · Filing note: Resigned 42025
  • Former: Vincent Gravelle (2020–2023) — Board Member
  • Former: Wayne Mundt (2020–2023) — Board Member
  • Former: Harvey Krautschun (2020–2022) — Board Member
  • Former: Roger Risty (2020–2022) — Board Member
  • Former: Charles Sederstrom (2020–2021) — Board Member
  • Former: Bruce Byrum (2020) — Board Member
  • Former: Priscilla Dressen (2020) — Board Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Black Hills State University Foundation

How much does Black Hills State University Foundation give each year?

Black Hills State University Foundation gave $267K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $552K across 1 grant.

How large is Black Hills State University Foundation?

Black Hills State University Foundation reported $50.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $19.9M.

What is Black Hills State University Foundation?

Black Hills State University Foundation is a public charity focused on Education, based in Spearfish, SD. It holds $50.7M in total assets as of 2024.

Where does Black Hills State University Foundation operate?

Black Hills State University Foundation has awarded grants in South Dakota.

What is Black Hills State University Foundation's EIN?

Black Hills State University Foundation's EIN (Employer Identification Number) is 23-7428348. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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