Sanford Health Foundation
To inspire philanthropy to advance the mission of sanford health, the premier rural health system in the U.S., and related exempt entities. 100% of donor dollars fuel local priorities to care, comfort and cure.
Key facts about Sanford Health Foundation
In short: Sanford Health Foundation gave $55.0M across 6 grants in 2024 (avg $9.2M), mostly in South Dakota. Source: 2024 IRS Form 990.
- EIN
- 36-3297853
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $55,011,161
- Grants made (2024)
- 6
- Average grant
- $9,168,527
- Median grant
- $401,317
- Total assets
- $1,283,437,010
- Primary geography
- South Dakota (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$1.3B
+7.2% YoY
Annual Giving
$55.0M
+12.7% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$9.2M
+12.7% YoY
How Sanford Health Foundation gives
- Giving grew 68% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Sanford Health Foundation
Based on IRS filings
Sanford Health Foundation is a public charity, based in Sioux Falls, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3B in total assets. In 2024, it awarded 6 grants totaling $55.0M. Net investment income was $52.1M.
Focus Areas
Open Grants
2 open opportunities from Sanford Health Foundation
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $32.8M (2021) to $55.0M (2024). In 2024 it made 6 grants totaling $55.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Sanford Medical Center ($53.4M). Together the top 6 received $55.0M.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was in the $250–500K range: 8 grants of 25 (32%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sanford Medical Center Sioux Falls, SD | See Form 990, Page 2, Part III | $53,392,425 |
| Sanford Health Network Sioux Falls, SD | See Form 990, Page 2, Part III | $493,727 |
| Sanford Research Sioux Falls, SD | See Form 990, Page 2, Part III | $489,680 |
| Sanford Home Health Sioux Falls, SD | See Form 990, Page 2, Part III | $312,954 |
| Sanford Clinic Sioux Falls, SD | See Form 990, Page 2, Part III | $273,289 |
| Sanford World Clinics Sioux Falls, SD | See Form 990, Page 2, Part III | $49,086 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,283,437,010 | $1,197,031,734 | $1,051,795,268 |
| Revenue | $214,434,250 | $191,125,295 | $182,417,940 |
| Expenses | $55,013,694 | $48,812,932 | $35,450,465 |
| Net Investment Income | $52,121,544 | $62,337,452 | $46,232,605 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 31, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Sanford Health Foundation is led by Bill Gassen III, Trustee, President & CEO since 2021 (on filings since 2020); none of the 18 officers listed in 2024 report compensation.
Officers on the 2024 filing
Bill Gassen III
Trustee, President & CEO
CAO, President, CEO, See Sch J, Part III & Lines 4a-4b → Trustee, President & CEO, 2021
On filings since 2020
0.8 hrs/week
No compensation reported
Lauris Molbert
Trustee & Chairperson
Trustee- → Trustee & Vice Chair, 2022
Trustee & Vice Chair → Trustee & Chairperson, 2024
On filings since 2021
0.2 hrs/week
No compensation reported
Andy North
Trustee, Secretary & Indep Contractor
Secretary → Trustee & Secretary, 2021
Trustee & Secretary → Trustee, Secretary & Indep Contractor, 2023
On filings since 2020
0.2 hrs/week
No compensation reported
Brent Teiken
Trustee
Trustee & Chairperson → Trustee & Past Chair, 2022
Trustee & Past Chair → Trustee, 2024
On filings since 2020
0.2 hrs/week
No compensation reported
James Cain
Trustee & Treasurer
Trustee → Trustee & Treasurer, 2024
On filings since 2020
0.2 hrs/week
No compensation reported
Mark Lundeen MD
Trustee
Trustee, Ortho Chair, See Sch J, Part III & Lines 4a-4b → Trustee & Physician, 2021
Trustee & Physician → Trustee, 2024
On filings since 2020
0.2 hrs/week
No compensation reported
Neil Gulsvig
Trustee & Past Chair
Trustee & Treasurer → Trustee & Chairperson, 2022
Trustee & Chairperson → Trustee & Past Chair, 2024
On filings since 2020
0.2 hrs/week
No compensation reported
Wesley Engbrecht
Trustee
Trustee- → Trustee, 2022
On filings since 2021
0.2 hrs/week
No compensation reported
Marnie Hermann
Trustee & Vice Chair
Trustee → Trustee & Treasurer, 2023
Trustee & Treasurer → Trustee & Vice Chair, 2024
On filings since 2022
0.2 hrs/week
No compensation reported
Dana Dykhouse
Trustee
New on the 2024 filing
0.2 hrs/week
No compensation reported
David Shulkin
Trustee
New on the 2024 filing
0.2 hrs/week
No compensation reported
Stephanie Herseth Sandlin
Trustee
New on the 2024 filing
0.2 hrs/week
No compensation reported
Bill Marlette
Interim, Executive Vice President & CFO
CFO, Treasurer, See Sch J, Part III & Lines 4a-4b → Executive Vice President, CFO, Treasurer-, See Sch J, Part III & Lines 4a-4b, 2021
Executive Vice President, CFO, Treasurer-, See Sch J, Part III & Lines 4a-4b → Interim, Executive Vice President & CFO, 2023
On filings since 2020
0.8 hrs/week
No compensation reported
Don Jacobs
Former Trustee
Trustee & Vice Chairperson → Trustee, 2022
Trustee → Former Trustee, 2024
On filings since 2020
No compensation reported
Deb Koski
Chief Philanthropy Officer
Vice President & Chief Phil Officer- → Vice President & Chief Phil Officer, 2022
Vice President & Chief Phil Officer → Chief Philanthropy Officer, 2023
On filings since 2021
12 hrs/week
No compensation reported
Michelle Bruhn
Former Executive Vice President, CFO & Treasurer
Executive Vice President, CFO & Treasurer- → Executive Vice President, CFO & Treasurer, 2022
Executive Vice President, CFO & Treasurer → Former Executive Vice President, CFO & Treasurer, 2024
On filings since 2021
No compensation reported
Nick Olson
Executive Vice President & CFO
New on the 2024 filing
0.8 hrs/week
No compensation reported
Scott Wooten
Executive Vice President & CFO
New on the 2024 filing
0.8 hrs/week
No compensation reported
Former officers (10)
- Former: Bobbie Tibbetts (2020–2023) — Former Chief Philanthropy Officer
- Former: Micah Aberson (2020–2023) — Former Executive Vice President
- Former: Robin Smith (2021–2023) — Trustee & Treasurer
- Former: Joann Kunkel (2020–2022) — Former Cfo-Sch J, Part III & Line 4a
- Former: Maria Bell MD (2020–2022) — Trustee & Physician
- Former: Mark Paulson MD (2020–2022) — Trustee & Physician
- Former: Barb Everist (2020–2021) — Trustee-
- Former: David Beito (2020) — Trustee
- Former: Kelby Krabbenhoft (2020) — President, CEO, See Sch J, Part III & Lines 4a-4b
- Former: Patrick Durick (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Sanford Health Foundation
How much does Sanford Health Foundation give each year?
Sanford Health Foundation gave $55.0M across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $48.8M across 6 grants.
What is Sanford Health Foundation's typical grant size?
Sanford Health Foundation's median grant in 2024 was $401,317, and its average grant was $9,168,527, across 6 grants on its 2024 IRS Form 990.
Where does Sanford Health Foundation give grants?
Sanford Health Foundation gives mostly in South Dakota: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Sioux Falls, SD (6 grants).
Does Sanford Health Foundation give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Sanford Health Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "See Form 990, Page 2, Part III" (6 grants).
Who are Sanford Health Foundation's largest grantees?
Sanford Health Foundation's largest 2024 grantees include Sanford Medical Center ($53,392,425), Sanford Health Network ($493,727) and Sanford Research ($489,680), according to its 2024 IRS Form 990. Together they received 99% of its itemized 2024 grant dollars.
How large is Sanford Health Foundation?
Sanford Health Foundation reported $1.3B in total assets on its 2024 IRS Form 990. Its revenue that year was $214.4M.
What is Sanford Health Foundation's EIN?
Sanford Health Foundation's EIN (Employer Identification Number) is 36-3297853. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Sanford Health Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Sanford Health Foundation's focus areas in our free grants database
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More Funders in South Dakota
Sanford Health Foundation down — hundreds of funders to go?