South Dakota Trust Association Inc logo

South Dakota Trust Association Inc

501(c)(6) organization Sioux Falls, SD EIN: 47-2288561 Website

The corporation's mission is to promote, educate, and support professionals and organizations involved in South Dakota's trust and estate planning industry.

Key facts about South Dakota Trust Association Inc

In short: South Dakota Trust Association Inc gave $16K across 1 grant in 2024 (avg $16K), mostly in South Dakota. Source: 2024 IRS Form 990.

EIN
47-2288561
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$16,000
Grants made (2024)
1
Average grant
$16,000
Median grant
$16,000
Total assets
$240,208
Primary geography
South Dakota (100% of itemized 2024 grant dollars)
Next open deadline
October 31, 2026 (SDTA Trust Industry Scholarship)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$240K

+4.5% YoY

Annual Giving

$16K

-14.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$16K

-14.0% YoY

About South Dakota Trust Association Inc

Based on IRS filings

South Dakota Trust Association Inc is a public charity focused on Community Improvement & Capacity Building, based in Sioux Falls, SD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $240K in total assets. In 2024, it awarded 1 grant totaling $16K. Net investment income was $5K.

Open Grants

1 open opportunity from South Dakota Trust Association Inc

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Pierre SD

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2019 0 grants2020 0 grants2021 1 grant2022 1 grant2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $16K (2024) to $39K (2022). In 2024 it made 1 grant totaling $16K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

South Dakota Community Foundation: $16KSouth Dakota CommunityFoundation$16K

The largest 2024 recipient was South Dakota Community Foundation ($16K).

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
South Dakota Community Foundation Pierre SD, SDCharity$16,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$240,208$229,846$256,000
Revenue$220,864$211,504$200,902
Expenses$210,502$237,658$165,307
Net Investment Income$5,202$2,755$100

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-EZ for fiscal year 2019 (received by the IRS November 11, 2020)
  2. Updated Form 990-EZ for fiscal year 2020 (received by the IRS August 20, 2021)
  3. Updated Form 990-EZ for fiscal year 2021 (received by the IRS September 12, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS July 19, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS July 31, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS August 25, 2025)
  7. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

South Dakota Trust Association Inc is led by Mary Schaefbauer, President since 2023 (on filings since 2020); none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Mary Schaefbauer

    President

    Board Member → Board Member & President, 2022

    Board Member & President → President, 2023

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Alex King

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Amy Bourne

    Treasurer

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Austen Erickson

    Vice President

    Board Member → Director, 2023

    Director → Vice President, 2024

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Karl Lund

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Taner Denhoed

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Amy Bozzell

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Jennifer Bunkers

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Nicole Byrum

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Angie Kuiper (2019–2023) — Secretary
  • Former: Antony Joffe (2019–2023) — Past President
  • Former: Joel Black (2019–2023) — Board Member
  • Former: Beth Jerdonek (2020–2023) — Vice President
  • Former: Matt Tobin (2022–2023) — Board Member
  • Former: Patrick Goetzinger (2022–2023) — Board Member
  • Former: Jessica Beavers (2019–2022) — Vice President
  • Former: Matthew McMillen (2019–2022) — Treasurer
  • Former: Matthew Tobin (2019–2021) — Board Member
  • Former: Pat Goetzinger (2019–2021) — Board Member
  • Former: Abbie Everist (2020–2021) — Board Member
  • Former: Mike Dea (2019–2020) — Board Member
  • Former: Abbie Ranschau (2019) — Board Member

Data from IRS Form 990 filings, 2019–2024. "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 South Dakota Trust Association Inc

How much does South Dakota Trust Association Inc give each year?

South Dakota Trust Association Inc gave $16K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $19K across 1 grant.

How large is South Dakota Trust Association Inc?

South Dakota Trust Association Inc reported $240K in total assets on its 2024 IRS Form 990. Its revenue that year was $221K.

What is South Dakota Trust Association Inc?

South Dakota Trust Association Inc is a public charity focused on Community Improvement & Capacity Building, based in Sioux Falls, SD. It holds $240K in total assets as of 2024.

Where does South Dakota Trust Association Inc operate?

South Dakota Trust Association Inc has awarded grants in South Dakota.

What is South Dakota Trust Association Inc's EIN?

South Dakota Trust Association Inc's EIN (Employer Identification Number) is 47-2288561. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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