The Hatterscheidt Foundation Inc

ABERDEEN, SD EIN: 46-6012543

The Hatterscheidt Foundation Inc is an independent private foundation based in Aberdeen, South Dakota. Incorporated in 1947 in Delaware, the foundation operates through Dacotah Bank Trust and maintains its principal office in Aberdeen.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$235K

+7.4% YoY

Grant Count

44

+12.8% YoY

Avg Grant Size

$5K

-4.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary mission is to assist graduating seniors from South Dakota high schools with a 3.0 GPA or better with financial support for their freshman year of college within the state. The foundation also provides support to local charitable organizations.

The foundation's grant-making priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

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Geographic Focus

Where this funder awards grants

Primary funding focus is South Dakota, with secondary activity in Tennessee and Minnesota.

Grant Distribution by State

11states
+3 more states

Cities

AberdeenBathBismarckBoulderBrookingsFairbanksFargoGrotonLincolnMadisonManhattanMemphisMinneapolisMitchellMoorheadNashvilleOrange CityRapid CityRed WingSearcy

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $4,292,327
  • Total Annual Giving: $234,750
  • EIN: 46-6012543
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$73K$146K$219K$292K22 grants201919 grants202020 grants202142 grants202239 grants202344 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Northern State University$58KSD State University$13KAugustana University$13KUniversity of South Dakota$10KSD School of Mines & Tec…$10KAberdeen Family YMCA$10KMount Marty College$10KUnited Way of NESD$8KBlack Hills State Univer…$8KDakota Wesleyn University$8K

Grant Size Distribution

164 grants across all recorded years

159<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Northern State University ($57,500), SD State University ($12,500), Augustana University ($12,500).

RecipientPurposeAmount
Northern State University Aberdeen, SDScholarships$57,500
University of Alaska - Fairbanks Fairbanks, AKScholarships$1,250
Mitchell Technical College Mitchell, SDScholarships$2,500
Lake Area Technical Institute Watertown, SDScholarships$2,500
Black Hills State University Spearfish, SDScholarships$7,500
University of South Dakota Vermillion, SDScholarships$10,000
SD School of Mines & Technology Rapid City, SDScholarships$10,000
SD State University Brookings, SDScholarships$12,500
Dakota State University Madison, SDScholarships$5,000
Miranda Maas Aberdeen, SDScholarships$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Dorothy O'KeefeDirector$1KVirginia TobinDirector$1KJack ThompsonPresident$800Harvey JewettSecretary/Treasurer$800Kerry SwinglerDirector$800

From 2024 filing

NameTitleHoursCompensation
Jack ThompsonPresident1$800
Harvey JewettSecretary/Treasurer1$800
Dorothy O'KeefeDirector1$1,200
Kerry SwinglerDirector1$800
Virginia TobinDirector1$1,200

Contact Information

The Hatterscheidt Foundation Inc
C/o Dacotah Bank Trust
PO Box 1210
Aberdeen, SD 57402-1210
Telephone: 605-229-7119

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Hatterscheidt Foundation Inc fund?

The foundation's primary mission is to assist graduating seniors from South Dakota high schools with a 3.0 GPA or better with financial support for their freshman year of college within the state. The foundation also provides support to local charitable organizations. The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from The Hatterscheidt Foundation Inc?

**Grant Amounts:** Typical awards range from $500 to $57,500. **Total Annual Giving:** $234,750 (based on most recent filing) **Geographic Distribution:** The foundation primarily funds in South Dakota, with some support extending to Tennessee and Minnesota.

Where does The Hatterscheidt Foundation Inc make grants?

Primary funding focus is South Dakota, with secondary activity in Tennessee and Minnesota.

What size grants does The Hatterscheidt Foundation Inc award?

In 2024, The Hatterscheidt Foundation Inc awarded 44 grants totaling $235K — an average of about $5K per grant, based on its IRS Form 990 filings.

What is The Hatterscheidt Foundation Inc's EIN?

The Hatterscheidt Foundation Inc's EIN (Employer Identification Number) is 46-6012543. IRS Form 990 filing data is available on this page for 2019–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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