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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$102.2M
+6.3% YoY
Annual Giving
$26.5M
+111.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$26.5M
+111.1% 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 2020 through 2024. As of 2024, the organization holds $102.2M in total assets. In 2024, it awarded 1 grants totaling $26.5M. Net investment income was $3.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $102,151,272 | $96,118,718 | $118,045,718 |
| Revenue | $10,218,415 | $5,886,711 | $5,725,186 |
| Expenses | $27,965,827 | $13,699,637 | $2,887,015 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,077,006 | $-1,381,999 | $2,325,303 |
| 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 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dakota State University ($26,504,419).
| Recipient | Purpose | Amount |
|---|---|---|
| DAKOTA STATE UNIVERSITY MADISON, SD | SCHOLARSHIPS AND CAPITAL SUPPORT TO DAKOTA STATE UNIVERSITY | $26,504,419 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVE GEIVER | CHAIR | 1 | — |
| TAMMY MILLER | VICE CHAIR | 1 | — |
| FLOYD RUMMEL | TRUSTEE | 1 | — |
| JUDY DITTMAN | TRUSTEE | 1 | — |
| MIKE MALONE | TRUSTEE | 1 | — |
| RANDY SCHAEFFER | TRUSTEE | 1 | — |
| JEFF BLOOM | TRUSTEE | 1 | — |
| BOB CASAGRANDE | TRUSTEE | 1 | — |
| HALI DIGGS | TRUSTEE | 1 | — |
| KAZZI FOSTER | TRUSTEE | 1 | — |
| ROBB GRAHAM | TRUSTEE | 1 | — |
| MIKE HALVERSON | TRUSTEE | 1 | — |
| TREVOR GARBERS | TRUSTEE | 1 | — |
| DAVE MILLER | TRUSTEE (UNTIL 04/2024) | 1 | — |
| DELON MORK | TRUSTEE | 1 | — |
| ERIN NIELSEN | TRUSTEE | 1 | — |
| POOJA PULLMAN | TRUSTEE | 1 | — |
| SCOTT SCHLISNER | TRUSTEE | 1 | — |
| PAUL SCHROEDER | TRUSTEE | 1 | — |
| SUMMER SCHULTZ | TRUSTEE | 1 | — |
| JON SCHEMMEL | CEO (UNTIL 12/2023) | 40 | $209,867 |
| SAMANTHA ZOSS | COO (UNTIL 06/2024) | 40 | $116,999 |
| MIKE MCKELVEY | CEO (BEG 05/2024) | 40 | — |
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 $102.2M in total assets as of 2024.
How large is Dakota State University Foundation?
As of 2024, Dakota State University Foundation holds $102.2M in total assets with $10.2M in annual revenue. It awarded 1 grants totaling $26.5M in 2024.
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 2024, Dakota State University Foundation awarded 1 grants totaling $26.5M — an average of about $26.5M 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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Dakota State University Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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