Dakota Charitable Foundation Inc

RAPID CITY, SD EIN: 46-0422869

The Dakota Charitable Foundation Inc is a private grantmaking foundation established in 1992 and based in Rapid City, South Dakota. The foundation was created from the estate of Margaret Hillenbrand Lally, a community philanthropist who was dedicated to improving downtown Rapid City and the quality of life for all residents. Members of the Hillenbrand family serve as directors of the foundation.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.2M

-49.6% YoY

Grant Count

19

-17.4% YoY

Avg Grant Size

$63K

-39.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary mission is giving for education and human services. Beyond these core areas, the foundation also supports:

  • Community and economic development
  • Charitable causes
  • Religious and cultural initiatives
  • Native American causes
  • Museum sponsorship
  • Conservation efforts
  • Community improvement and events
  • Counseling for those in need

Grantmaking

The Dakota Charitable Foundation makes grants through a proactive funding approach and does not accept unsolicited letters of inquiry or applications from nonprofits. The foundation awards both general operating support and program support to nonprofit organizations.

Grant Range

$500 to $765,000

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Geographic Focus

Where this funder awards grants

While the foundation maintains a national geographic focus, its primary grantmaking concentrates in South Dakota, particularly in the Rapid City area. However, education and environmental funding tends to extend to other states, including Washington and Nevada.

Grant Distribution by State

12states
+4 more states

Cities

ALBUQUERQUEBALTIMOREBLACK HAWKBOLINASBOULDERBOX ELDERBUFFALOBUFFALO GAPCULVERDUPREEEAGLE BUTTEFAIRBURNFORT COLLINSHERMOSAHOT SPRINGSKIRKLANDKYLELARKSPURLEADMILL VALLEY

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $20.3–$21.7 million
  • Total Annual Giving: $1.2–$2.4 million
  • Revenue (2024): $1.24 million
  • Expenses (2024): $2.6 million

As of 2023:

  • Total Assets: $21.7–$23.7 million
  • Total Annual Giving: $2.4 million
  • Total Revenues: $1.87 million
  • Total Expenses: $3.73 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$5M$7M25 grants202032 grants202126 grants202223 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MONUMENT HEALTH FOUNDATION$250KNATIONAL BUFFALO FOUNDAT…$250KONEHEART$250KMAIN STREET SQUARE$150KREMEMBERING THE CHILDREN…$100KCATHOLIC RELIEF SERVICES$60KELEVATE FOUNDATION$50KBLACK HILLS POW WOW ASSOC$20KLAKOTA NATION INVITATIONAL$20KWARREN WILSON COLLEGE$15K

Grant Size Distribution

125 grants across all recorded years

76<$50K16$50–100K14$100–250K10$250–500K6$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Monument Health Foundation ($250,000), National Buffalo Foundation ($250,000), Oneheart ($249,765).

RecipientPurposeAmount
BLACK HILLS POW WOW ASSOC RAPID CITY, SDNATIVE AMERICAN$20,000
NATIVE POP - PEOPLE OF THE PLAINS RAPID CITY, SDCHARITABLE$2,500
CATHOLIC RELIEF SERVICES BALTIMORE, MDCOUNSELING FOR NEEDY$60,000
CLOUD HORSE ART INSTITUTE KYLE, SDCHARITABLE$5,000
ELEVATE FOUNDATION RAPID CITY, SDCOMMUNITY IMPROVEMENT$50,000
FRIENDS OF SD PUBLIC BROADCASTING RAPID CITY, SDEDUCATIONAL$5,000
KNIGHTS OF COLUMBUS RAPID CITY, SDCHARITABLE$500
LAKOTA NATION INVITATIONAL RAPID CITY, SDCULTURAL$20,000
MAIN STREET SQUARE RAPID CITY, SDCOMMUNITY IMPROVEMENT$150,000
MONUMENT HEALTH FOUNDATION RAPID CITY, SDCHARITABLE$250,000

Leadership & Key People

Leadership team and compensation from IRS filings

Margaret Hillenbrand serves as a Director of the foundation.

Compensation Overview

From 2024 IRS filing

HEIDI HILLENBRANDDIRECTOR$22KGRETCHEN HILLENBRANDDIRECTOR$22KMARGARET HILLENBRANDDIRECTOR$10K

From 2024 filing

NameTitleHoursCompensation
MARGARET HILLENBRANDDIRECTOR5$10,000
HEIDI HILLENBRANDDIRECTOR5$22,000
GRETCHEN HILLENBRANDDIRECTOR5$22,000
JULIAN DESTEFANODIRECTOR5
MAGNOLIA ARLTDIRECTOR5
TIGERLILY ARLTDIRECTOR5

Frequently Asked Questions

What does Dakota Charitable Foundation Inc fund?

The foundation's primary mission is giving for education and human services. Beyond these core areas, the foundation also supports: • Community and economic development • Charitable causes • Religious and cultural initiatives • Native American causes • Museum sponsorship • Conservation efforts • Community improvement and events • Counseling for those in need

How do I apply for a grant from Dakota Charitable Foundation Inc?

The Dakota Charitable Foundation makes grants through a proactive funding approach and does not accept unsolicited letters of inquiry or applications from nonprofits. The foundation awards both general operating support and program support to nonprofit organizations. **Grant Characteristics:** • Typical grant range: $500 to $765,000 • Median grant size: $20,000–$23,000 • Recent grant activity shows 23–26 grants awarded annually **Recent Grant Recipients (2023):** • OneHeart: $604,793 • BH Area …

Where does Dakota Charitable Foundation Inc make grants?

While the foundation maintains a national geographic focus, its primary grantmaking concentrates in South Dakota, particularly in the Rapid City area. However, education and environmental funding tends to extend to other states, including Washington and Nevada.

What size grants does Dakota Charitable Foundation Inc award?

In 2024, Dakota Charitable Foundation Inc awarded 19 grants totaling $1.2M — an average of about $63K per grant, based on its IRS Form 990 filings.

What is Dakota Charitable Foundation Inc's EIN?

Dakota Charitable Foundation Inc's EIN (Employer Identification Number) is 46-0422869. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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