The Hatterscheidt Foundation Inc

Foundation · Grantmaker 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.

Key facts about The Hatterscheidt Foundation Inc

In short: The Hatterscheidt Foundation Inc gave $237K across 44 grants in 2025 (avg $5K), mostly in South Dakota. Source: 2025 IRS Form 990-PF.

EIN
46-6012543
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$237,000
Grants made (2025)
44
Average grant
$5,386
Median grant
$2,500
Primary geography
South Dakota (99% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Quick answers about The Hatterscheidt Foundation Inc

How much does The Hatterscheidt Foundation Inc give each year?

The Hatterscheidt Foundation Inc gave $237K across 44 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $235K across 44 grants.

What is The Hatterscheidt Foundation Inc's typical grant size?

The Hatterscheidt Foundation Inc's median grant in 2025 was $2,500, and its average grant was $5,386, across 44 grants on its 2025 IRS Form 990-PF.

Where does The Hatterscheidt Foundation Inc give grants?

The Hatterscheidt Foundation Inc gives mostly in South Dakota: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Aberdeen, SD (29 grants), Sioux Falls, SD (2 grants) and Bath, SD (2 grants).

Does The Hatterscheidt Foundation Inc give general operating support?

Not in 2025: none of the 44 grants with a stated purpose on The Hatterscheidt Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (40 grants) and "Financial Support" (4 grants).

Who are The Hatterscheidt Foundation Inc's largest grantees?

The Hatterscheidt Foundation Inc's largest 2025 grantees include Northern State University ($55,000), SD State University ($12,500) and University of South Dakota ($12,500), according to its 2025 IRS Form 990-PF. Together they received 34% of its itemized 2025 grant dollars.

How The Hatterscheidt Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (+2%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Hatterscheidt Foundation Inc

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$237K

+1.0% YoY

Grant Count

44

+0.0% YoY

Avg Grant Size

$5K

+1.0% 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

Share of all 44 itemized 2025 grant dollars.

Cities

AberdeenSioux FallsMitchellBrookingsMadisonMemphisRapid CitySpearfishVermillionYanktonBathWatertownFargoRed WingBismarckMinneapolisBoulderFairbanksGrotonLincoln

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$0.5$1$1.52019202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K22 grants201919 grants202020 grants202142 grants202239 grants202344 grants202444 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Northern State University: $55KNorthern State University$55KSD State University: $13KSD State University$13KUniversity of South Dakota: $13KUniversity of South Dakota$13KUnited Way of NESD: $12KUnited Way of NESD$12KAberdeen Area Boys and Girls Club of Aberdeen: $12KAberdeen Area Boys and GirlsClub of Aberdeen$12KAugustana University: $11KAugustana University$11KMount Marty College: $10KMount Marty College$10KSD School of Mines & Technology: $10KSD School of Mines &Technology$10KBlack Hills State University: $8KBlack Hills State University$8KDakota Wesleyn University: $8KDakota Wesleyn University$8K

Grant Size Distribution

189 grants across all recorded years

184<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Northern State University Aberdeen, SDScholarships$55,000
SD State University Brookings, SDScholarships$12,500
University of South Dakota Vermillion, SDScholarships$12,500
United Way of NESD Aberdeen, SDFinancial Support$12,000
Aberdeen Area Boys and Girls Club of Aberdeen Aberdeen, SDFinancial Support$12,000
Augustana University Sioux Falls, SDScholarships$11,250
Mount Marty College Yankton, SDScholarships$10,000
SD School of Mines & Technology Rapid City, SDScholarships$10,000
Black Hills State University Spearfish, SDScholarships$7,500
Dakota Wesleyn University Mitchell, SDScholarships$7,500

Leadership & Key People

Officers and directors from IRS filings

The Hatterscheidt Foundation Inc is led by Jack Thompson, President on every filing since 2019; all 5 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Jack Thompson

    President

    On filings since 2019

    1 hr/week

    $800 (2019) → $1K (2025)

  • Virginia Tobin

    Director

    On filings since 2019

    1 hr/week

    $1K (2019) → $800 (2025)

  • Kerry Swingler

    Director

    On filings since 2020

    1 hr/week

    $400 (2020) → $800 (2025)

  • Barb Magera

    Director

    New on the 2025 filing

    1 hr/week

    $800 (2025)

  • Harvey Jewett

    Secretary & Treasurer

    On filings since 2019

    1 hr/week

    $800 (2019) → $800 (2025)

Former officers (2)
  • Former: Dorothy O'Keefe (2019–2024) — Director
  • Former: Dennis Kraft (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Jack Thompson — President: $1KJack ThompsonPresident$1KHarvey Jewett — Secretary/Treasurer: $800Harvey JewettSecretary/Treasurer$800Kerry Swingler — Director: $800Kerry SwinglerDirector$800Virginia Tobin — Director: $800Virginia TobinDirector$800Barb Magera — Director: $800Barb MageraDirector$800

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.

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 2019–2025.

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

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