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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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