DAKOTA STATE UNIVERSITY FOUNDATION IS AN INDEPENDENT NON-PROFIT CORPORATION ESTABLISHED FOR THE PURPOSE OF RAISING AND MANAGING PRIVATE FUNDING FOR THE BENEFIT OF DAKOTA STATE UNIVERSITY.
Key facts about Dakota State University Foundation
- EIN
- 23-7299995
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $6,577,534
- Grants made (2025)
- 1
- Average grant
- $6,577,534
- Median grant
- $6,577,534
- Total assets
- $81,762,893
- Primary geography
- South Dakota (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Next steps with Dakota State University Foundation
- How to evaluate Dakota State University Foundation as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$81.8M
-20.0% YoY
Annual Giving
$6.6M
-75.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$6.6M
-75.2% YoY
About Dakota State University Foundation
Based on IRS filings
Dakota State University Foundation is a nonprofit organization focused on Education, based in Madison, SD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $81.8M in total assets. In 2025, it awarded 1 grant totaling $6.6M. Net investment income was $2.9M.
Focus Areas
Ready to take the next step with Dakota State University Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $81,762,893 | $102,151,272 | $96,118,718 |
| Revenue | $8,159,295 | $10,218,415 | $5,886,711 |
| Expenses | $9,401,846 | $27,965,827 | $13,699,637 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,937,399 | $3,077,006 | $-1,381,999 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2025
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
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Dakota State University ($6,577,534).
| Recipient | Purpose | Amount |
|---|---|---|
| DAKOTA STATE UNIVERSITY Madison, SD | SCHOLARSHIPS AND CAPITAL SUPPORT TO DAKOTA STATE UNIVERSITY | $6,577,534 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dave Geiver | Chair | 1 | — |
| Mike Malone | Trustee | 1 | — |
| Floyd Rummel | Trustee | 1 | — |
| Randy Schaefer | Trustee | 1 | — |
| Judy Dittman | Trustee | 1 | — |
| Scott Schlisner | Trustee | 1 | — |
| Summer Schultz | Trustee | 1 | — |
| Kazzi Teel | Trustee | 1 | — |
| Pooja Pullman | Trustee | 1 | — |
| Tammy Miller | Trustee | 1 | — |
| Erin Nielsen | Trustee | 1 | — |
| Mike Halverson | Trustee | 1 | — |
| Robb Graham | Trustee | 1 | — |
| Jeff Rodman | Trustee | 1 | — |
| Bob Casagrande | Trustee | 1 | — |
| Nick Podhradsky | Trustee | 1 | — |
| Roger Degroot | Trustee | 1 | — |
| Delon Mork | Trustee | 1 | — |
| Jeff Bloom | Trustee | 1 | — |
| Trevor Garbers | Trustee | 1 | — |
| Hali McClelland Diggs | Trustee | 1 | — |
| Jarod Keene | Trustee | 1 | — |
| Julie Iverson | Trustee | 1 | — |
| Paul Schoeder | Trustee (Until May 2025) | 1 | — |
| Mike McKelvey | CEO | 40 | $107,831 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dakota State University Foundation?
Dakota State University Foundation is a nonprofit organization focused on Education, based in Madison, SD. It holds $81.8M in total assets as of 2025.
How large is Dakota State University Foundation?
As of 2025, Dakota State University Foundation holds $81.8M in total assets with $8.2M in annual revenue. It awarded 1 grant totaling $6.6M in 2025.
Where does Dakota State University Foundation operate?
Dakota State University Foundation has awarded grants in South Dakota.
What size grants does Dakota State University Foundation award?
In 2025, Dakota State University Foundation awarded 1 grant totaling $6.6M — an average of about $6.6M per grant, based on its IRS Form 990 filings.
What is Dakota State University Foundation's EIN?
Dakota State University Foundation's EIN (Employer Identification Number) is 23-7299995. IRS Form 990 filing data is available on this page for 2019–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.