Ottis UW Ken FBO DWU Biology Dept

SIOUX FALLS, SD EIN: 20-6991787

Ottis UW Ken FBO DWU Biology Dept is a private foundation, based in SIOUX FALLS, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $83K in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$83K

+1.9% YoY

Annual Giving

$6K

-3.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

-3.1% YoY

Under IRS private-foundation payout rules, Ottis UW Ken FBO DWU Biology Dept reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Ottis UW Ken FBO DWU Biology Dept

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Dakota $31K (100%)

States

South Dakota

Cities

Mitchell

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$83,101	$81,517	$88,152
Revenue	$12,404	$4,155	$6,616
Expenses	$10,820	$10,790	$11,162
Qualifying Distributions	$9,137	$9,772	$10,042
Net Investment Income	$10,766	$3,215	$5,629
Distributable Amount	$5,313	$5,166	$5,546

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Dakota Wesleyan University ($5,922).

Recipient	Purpose	Amount
Dakota Wesleyan University Mitchell, SD	General Support	$5,922

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
The First Nat'l Bank in Sioux Falls	Trustee	5	$1,578

Frequently Asked Questions

How large is Ottis UW Ken FBO DWU Biology Dept?

As of 2024, Ottis UW Ken FBO DWU Biology Dept holds $83K in total assets with $12K in annual revenue. It awarded 1 grants totaling $6K in 2024.

Where does Ottis UW Ken FBO DWU Biology Dept operate?

Ottis UW Ken FBO DWU Biology Dept has awarded grants in South Dakota.

What size grants does Ottis UW Ken FBO DWU Biology Dept award?

In 2024, Ottis UW Ken FBO DWU Biology Dept awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Ottis UW Ken FBO DWU Biology Dept required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ottis UW Ken FBO DWU Biology Dept reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ottis UW Ken FBO DWU Biology Dept's EIN?

Ottis UW Ken FBO DWU Biology Dept's EIN (Employer Identification Number) is 20-6991787. IRS Form 990 filing data is available on this page for 2020–2024.