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.
Financial Overview
From 2024 IRS Form 990-PF · 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
About Sanford Health Foundation
Based on IRS filings
Sanford Health Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $52,121,544 | $62,337,452 | $46,232,605 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Open Grants
2 open opportunities from Sanford Health Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sanford Medical Center ($53,392,425), Sanford Health Network ($493,727), Sanford Research ($489,680).
| Recipient | Purpose | Amount |
|---|---|---|
| SANFORD MEDICAL CENTER SIOUX FALLS, SD | SEE FORM 990, PAGE 2, PART III | $53,392,425 |
| SANFORD CLINIC SIOUX FALLS, SD | SEE FORM 990, PAGE 2, PART III | $273,289 |
| SANFORD HOME HEALTH SIOUX FALLS, SD | SEE FORM 990, PAGE 2, PART III | $312,954 |
| 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 WORLD CLINICS SIOUX FALLS, SD | SEE FORM 990, PAGE 2, PART III | $49,086 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BILL GASSEN | TRUSTEE, PRESIDENT & CEO | 0.75 | — |
| ANDY NORTH | TRUSTEE, SECRETARY, INDEP CONTRACTOR | 0.24 | — |
| LAURIS MOLBERT | TRUSTEE, CHAIRPERSON | 0.24 | — |
| BRENT TEIKEN | TRUSTEE | 0.24 | — |
| JAMES CAIN | TRUSTEE, TREASURER | 0.24 | — |
| MARNIE HERMANN | TRUSTEE, VICE CHAIR | 0.24 | — |
| NEIL GULSVIG | TRUSTEE, PAST CHAIR | 0.24 | — |
| MARK LUNDEEN MD | TRUSTEE | 0.24 | — |
| DAVID SHULKIN | TRUSTEE | 0.24 | — |
| STEPHANIE HERSETH SANDLIN | TRUSTEE | 0.24 | — |
| WESLEY ENGBRECHT | TRUSTEE | 0.24 | — |
| DANA DYKHOUSE | TRUSTEE | 0.24 | — |
| SCOTT WOOTEN | EVP, CFO (END 4/24) | 0.75 | — |
| NICK OLSON | EVP, CFO (BEG 4/24) | 0.75 | — |
| BILL MARLETTE | INTERIM, EVP, CFO (END 1/24) | 0.75 | — |
| DEB KOSKI | CHIEF PHILANTHROPY OFFICER | 12 | — |
| DON JACOBS | FORMER TRUSTEE | — | — |
| MICHELLE BRUHN | FORMER EVP, CFO & TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sanford Health Foundation?
Sanford Health Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SIOUX FALLS, SD. It holds $1.3B in total assets as of 2024.
How large is Sanford Health Foundation?
As of 2024, Sanford Health Foundation holds $1.3B in total assets with $214.4M in annual revenue. It awarded 6 grants totaling $55.0M in 2024.
Where does Sanford Health Foundation operate?
Sanford Health Foundation has awarded grants in South Dakota.
What size grants does Sanford Health Foundation award?
In 2024, Sanford Health Foundation awarded 6 grants totaling $55.0M — an average of about $9.2M per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Sanford Health Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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