First National Foundation

SPEARFISH, SD EIN: 91-2007691

First National Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPEARFISH, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17K in total assets. In 2024, it awarded 2 grants totaling $1K. Net investment income was $922.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17K

-1.2% YoY

Annual Giving

$1K

+63.9% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$573.5

+63.9% YoY

Under IRS private-foundation payout rules, First National Foundation reported a distributable amount of $804 for 2024 — the minimum it must pay out in qualifying distributions.

About First National Foundation

Based on IRS filings

First National Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPEARFISH, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17K in total assets. In 2024, it awarded 2 grants totaling $1K. Net investment income was $922.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

MissionPine RidgePine Ridge Indian Res

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$893.475$2K$3K$4K20202021202220232024
Metric202420232022
Total Assets$16,548$16,755$18,762
Revenue$950$-182$-1,707
Expenses$1,157$1,825$1,853
Qualifying Distributions$1,147$700$700
Net Investment Income$922
Distributable Amount$804$802$882

Giving Over Time

Total grant dollars and number of grants per year

$0$500$1K$2K$2K2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

RED CLOUD INDIAN SCHOOL$574BOYS AND GIRLS CLUB$573

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Red Cloud Indian School ($574), Boys and Girls Club ($573).

RecipientPurposeAmount
RED CLOUD INDIAN SCHOOL PINE RIDGE, SDCHARITABLE$574
BOYS AND GIRLS CLUB MISSION, SDCHARITABLE$573

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DANE GOETZPRESIDENT/TR1
RICHARD D JONESVICE PRESIDE1
BETH GOETZSECRETARY1
MARY A SILOTIDIRECTOR1
KIMBERLY LARSONDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is First National Foundation?

First National Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPEARFISH, SD. It holds $17K in total assets as of 2024.

How large is First National Foundation?

As of 2024, First National Foundation holds $17K in total assets with $950 in annual revenue. It awarded 2 grants totaling $1K in 2024.

Where does First National Foundation operate?

First National Foundation has awarded grants in South Dakota.

What size grants does First National Foundation award?

In 2024, First National Foundation awarded 2 grants totaling $1K — an average of about $573.5 per grant, based on its IRS Form 990 filings.

How much is First National Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, First National Foundation reported a distributable amount of $804 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is First National Foundation's EIN?

First National Foundation's EIN (Employer Identification Number) is 91-2007691. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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