Dakota State University Foundation
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.
Dakota State University Foundation at a glance
In short: Dakota State University Foundation gave $6.6M across 1 grant in 2025 (avg $6.6M), mostly in South Dakota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $6,577,534
- -75.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $6,577,534
- -75.2% vs 2024
- Median grant
- $6,577,534
- Total assets
- $81,762,893
- -20.0% vs 2024
- Primary geography
- South Dakota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Dakota State University Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Dakota State University ($6.6M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Dakota State University Foundation gives
- Giving grew 245% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.4M (2019) to $26.5M (2024). In 2025 it made 1 grant totaling $6.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dakota State University Madison, SD | Scholarships and Capital Support to Dakota State University | $6,577,534 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $81,762,893 | $8,159,295 | $9,401,846 | $6,577,534 | 1 | $2,937,399 |
| 2024 | $102,151,272 | $10,218,415 | $27,965,827 | $26,504,419 | 1 | $3,077,006 |
| 2023 | $96,118,718 | $5,886,711 | $13,699,637 | $12,552,442 | 1 | $-1,381,999 |
| 2022 | $118,045,718 | $5,725,186 | $2,887,015 | $1,908,237 | 1 | $2,325,303 |
| 2021 | $48,525,169 | $15,213,740 | $2,592,406 | $1,823,132 | 1 | $2,247,817 |
| 2020 | $34,127,740 | $3,444,107 | $2,774,279 | $1,593,254 | 1 | $1,199,807 |
| 2019 | $40,519,237 | $3,847,910 | $2,221,983 | $1,351,006 | 1 | $1,533,853 |
About Dakota State University Foundation
Based on IRS filings
Dakota State University Foundation is a public charity 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
Leadership & Key People
Officers and directors from IRS filings
Dakota State University Foundation is led by Mike McKelvey, CEO on every filing since 2024; 1 of 25 officers listed in 2025 is compensated.
Officers on the 2025 filing
Mike McKelvey
CEO
On filings since 2024
40 hrs/week
$108K (2025)
Dave Geiver
Chair
On filings since 2024
1 hr/week
No compensation reported
Bob Casagrande
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Delon Mork
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Erin Nielsen
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Floyd Rummel
Trustee
Board Member → Immediate Past Chair, 2023
Immediate Past Chair → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Jeff Bloom
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Judy Dittman
Trustee
Board Member → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Mike Halverson
Trustee
Board Member → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Paul Schoeder
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Pooja Pullman
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Randy Schaefer
Trustee
Board Member → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Robb Graham
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Roger Degroot
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Scott Schlisner
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Summer Schultz
Trustee
Board Member → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Tammy Miller
Trustee
Board Member → Vice Chair, 2022
Vice Chair → Trustee, 2025
On filings since 2019
1 hr/week
No compensation reported
Hali McClelland Diggs
Trustee
Executive Officio → Board Member, 2021
Board Member → Trustee, 2023
On filings since 2020
1 hr/week
No compensation reported
Mike Malone
Trustee
On filings since 2023
1 hr/week
No compensation reported
Trevor Garbers
Trustee
On filings since 2024
1 hr/week
No compensation reported
Jarod Keene
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jeff Rodman
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Julie Iverson
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Kazzi Teel
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Nick Podhradsky
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (25)
- Former: Dave Miller (2023–2024) — Trustee
- Former: Jon Schemmel (2023–2024) — CEO
- Former: Samantha Zoss (2023–2024) — COO
- Former: Kazzi Foster (2024) — Trustee
- Former: Bill Beck (2019–2023) — Trustee
- Former: Cecelia Wittmayer (2019–2023) — Trustee
- Former: David Geiver (2019–2023) — Board Member
- Former: Kazzi Foster-Teel (2019–2023) — Trustee
- Former: Mike Jaspers (2019–2023) — Trustee
- Former: Miles Beacom (2019–2023) — Trustee
- Former: Renae Prostrollo (2019–2023) — Trustee
- Former: Stacy Krusemark (2019–2023) — Treasurer
- Former: Suzy Collingnon-Hodgen (2019–2023) — Chair
- Former: Joshua Robinson (2022–2023) — Board Member
- Former: Michael Halverson (2022–2023) — Trustee
- Former: Brian Kern (2019–2021) — Board Member
- Former: Dan Meadows (2019–2021) — Board Member
- Former: Darrel Simon (2019–2021) — Board Member
- Former: Josh Robinson (2020–2021) — Board Member
- Former: Jeff Dittman (2019–2020) — Executive Officio
- Former: Jose Marie Griffiths (2019–2020) — Executive Officio
- Former: Wayne Pauli (2019–2020) — Board Member
- Former: Richard Hanson (2020) — Board Member
- Former: Hali McClelland (2019) — Board Member
- Former: Mark Millage (2019) — Executive Officio
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $108K, to Mike McKelvey (CEO).
Frequently asked questions about Dakota State University Foundation
How much does Dakota State University Foundation give each year?
Dakota State University Foundation gave $6.6M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $26.5M across 1 grant.
How large is Dakota State University Foundation?
Dakota State University Foundation reported $81.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $8.2M.
What is Dakota State University Foundation?
Dakota State University Foundation is a public charity focused on Education, based in Madison, SD. It holds $81.8M in total assets as of 2025.
Where does Dakota State University Foundation operate?
Dakota State University Foundation has awarded grants in South Dakota.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS March 12, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 17, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 23, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Dakota State University Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Dakota State University Foundation's focus areas in our free grants database
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Figures come from Dakota State University Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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