ENHANCING EXCELLENCE BY CULTIVATING GENEROSITY AND TREASURING THE LOYALTY OF ALL WE SERVE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$411.9M
+5.8% YoY
Annual Giving
$51.6M
-13.3% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$17.2M
-13.3% YoY
About South Dakota State University Foundation
Based on IRS filings
South Dakota State University Foundation is a nonprofit organization focused on Education, based in BROOKINGS, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $411.9M in total assets. In 2024, it awarded 3 grants totaling $51.6M. Net investment income was $11.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $411,928,607 | $389,380,417 | $374,742,480 |
| Revenue | $73,265,294 | $63,664,809 | $86,766,590 |
| Expenses | $62,013,343 | $68,418,903 | $31,153,517 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $11,514,688 | $8,568,406 | $11,957,027 |
| 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 3 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include South Dakota State University ($47,740,544), Dakota Bioworx ($3,328,375), Sdsu Alumni Association ($565,048).
| Recipient | Purpose | Amount |
|---|---|---|
| SOUTH DAKOTA STATE UNIVERSITY BROOKINGS, SD | GIFTS, GRANTS, SCHOLARSHIPS; SDSU DEPT EXPENSES, BUILDING & EQUIPMENT PURCHASES | $47,740,544 |
| DAKOTA BIOWORX BROOKINGS, SD | CAPITAL PROJECT | $3,328,375 |
| SDSU ALUMNI ASSOCIATION BROOKINGS, SD | PROGRAM SUPPORT | $565,048 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARC MOONEY | CHAIR | 1 | — |
| KEVIN TETZLAFF | CHAIR-ELECT | 1 | — |
| ERICA DEBOER | BOARD MEMBER | 1 | — |
| BRIAN AAMLID | BOARD MEMBER | 1 | — |
| ROBERTA OLSON | BOARD MEMBER | 1 | — |
| RITA EDWARDS | BOARD MEMBER | 1 | — |
| MARK WAHLSTROM | BOARD MEMBER | 1 | — |
| SUSAN LEDDY | BOARD MEMBER | 1 | — |
| DAVID SCHMIDT | BOARD MEMBER | 1 | — |
| MIKE ROBERTS | BOARD MEMBER | 1 | — |
| MICHELLE MCCARVILLE | BOARD MEMBER | 1 | — |
| KATHY WALKER | BOARD MEMBER | 1 | — |
| DAVE SCHAEFER | BOARD MEMBER | 1 | — |
| STEVE ERPENBACH | PRESIDENT/CEO | 55 | $270,941 |
| TIM DWIRE | VP FOR FINANCE & OPERATIONS | 55 | $197,916 |
| KEITH MAHLUM | VP FOR DEVELOPMENT | 55 | $190,375 |
| MICHAEL BIRGEN | ASSOC VP FOR PHILANTHROPY | 55 | $128,418 |
| RINA REYNOLDS | ASSOC VP FOR PHILANTHROPY | 55 | $130,353 |
| KELI BOOKS | ASSOC VP FOR PHILANTHROPY | 55 | $113,000 |
| NED GAVLICK | ASSOC VP FOR GIFT PLANNING | 55 | $125,408 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is South Dakota State University Foundation?
South Dakota State University Foundation is a nonprofit organization focused on Education, based in BROOKINGS, SD. It holds $411.9M in total assets as of 2024.
How large is South Dakota State University Foundation?
As of 2024, South Dakota State University Foundation holds $411.9M in total assets with $73.3M in annual revenue. It awarded 3 grants totaling $51.6M in 2024.
Where does South Dakota State University Foundation operate?
South Dakota State University Foundation has awarded grants in Indiana, South Dakota, Washington.
What size grants does South Dakota State University Foundation award?
In 2024, South Dakota State University Foundation awarded 3 grants totaling $51.6M — an average of about $17.2M per grant, based on its IRS Form 990 filings.
What is South Dakota State University Foundation's EIN?
South Dakota State University Foundation's EIN (Employer Identification Number) is 46-0273801. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in South Dakota State University 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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