Grow South Dakota

SISSETON, SD EIN: 56-2667948 Website

GROW SOUTH DAKOTA IS A NONPROFIT CORPORATION WHOSE PRIMARY OBJECTIVE IS TO PROMOTE AND FOSTER ECONOMIC GROWTH, HOUSING DEVELOPMENT, AND EDUCATIONAL OPPORTUNITIES IN DISTRESSED COMMUNITIES AND UNDERSERVED MARKETS IN SOUTH DAKOTA.

Financial Overview

From 2025 IRS Form 990-PF

Total Assets

$74.6M

-8.6% YoY

Annual Giving

$42K

+44.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$14K

+44.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$11M20212022202320242025
Metric202520242023
Total Assets$74,568,666$81,623,666$56,863,772
Revenue$3,905,044$9,966,587$3,106,545
Expenses$3,048,340$2,876,811$2,733,851
Qualifying Distributions
Net Investment Income$112,137$60,634$21,202
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$21K$31K$42K3 grants20212 grants20221 grants20233 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

BLUE STEM CONSULTING$21KCOMMUNITY WORKS NORTH DA…$12KTHE LAKOTA FUNDS$8K

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Grow South Dakota fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
TAWNEY BRUNSCHDIRECTOR1
CRAIG CARSONVICE PRESIDE1
TOM FARBERSECRETARY/TR1
MICHELLE KANEDIRECTOR1
ERIC KUNZWEILERDIRECTOR1
MICHAEL MALONEDIRECTOR1
DANIEL MENKINGPRESIDENT1
GINGER NIEMANNDIRECTOR1
ERIC SHEPHERDDIRECTOR1
MARCIA ERICKSONCHIEF EXECUT
LORI FINNESANDCHIEF EXECUT
KATHRYN RASMUSCHIEF FINANC

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

BuffaloDeadwoodKyleMadisonMandanRapid CitySisseton

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

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