TO PROVIDE PRIVATE RESOURCES FOR THE UNIVERSITY OF SOUTH DAKOTA TO INCREASE THE EXCELLENCE OF ITS STUDENTS' EDUCATIONAL EXPERIENCE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$367.5M
+3.6% YoY
Annual Giving
$26.6M
+7.3% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$4.4M
-10.6% YoY
About University of South Dakota Foundation
Based on IRS filings
University of South Dakota Foundation is a nonprofit organization focused on Education, based in VERMILLION, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $367.5M in total assets. In 2024, it awarded 6 grants totaling $26.6M. Net investment income was $15.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $367,452,853 | $354,810,157 | $334,981,490 |
| Revenue | $38,209,482 | $28,171,802 | $26,328,274 |
| Expenses | $33,858,071 | $31,652,541 | $25,290,294 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $15,062,491 | $10,002,207 | $9,716,368 |
| 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 6 recipients in 2024
Grant Size Distribution
23 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 |
|---|---|---|---|
| KEVIN DOYLE | CHAIR | 0.7 | — |
| LANCE BULTENA | VICE CHAIR | 0.7 | — |
| RYAN TAYLOR | IMMEDIATE PAST CHAIR | 0.7 | — |
| RUSS DOKKEN - BOARD OF | DIRECTORS/INTERIM CEO (FEB-MAY) | 10 | — |
| NANCY A GALLAGHER | BOARD OF DIRECTORS | 0.4 | — |
| TOM GALLAGHER | BOARD OF DIRECTORS | 0.4 | — |
| JACK HOPKINS | BOARD OF DIRECTORS (JAN-OCT) | 0.4 | — |
| DEBORAH PETERS | BOARD OF DIRECTORS (JAN-OCT) | 0.4 | — |
| JULIE JOHNSON | BOARD OF DIRECTORS | 0.4 | — |
| KYLE JORGENSEN | BOARD OF DIRECTORS | 0.4 | — |
| JAFAR KARIM | BOARD OF DIRECTORS | 0.4 | — |
| TERRANCE KURTENBACH | BOARD OF DIRECTORS | 0.4 | — |
| BRANDEE SCHULTZ | BOARD OF DIRECTORS | 0.4 | — |
| PAUL HANSON | BOARD OF DIRECTORS | 0.4 | — |
| NATHAN PETERSON | BOARD OF DIRECTORS | 0.4 | — |
| JAMES ABBOTT | BOARD OF DIRECTORS | 0.4 | — |
| JUDITH MEIERHENRY | BOARD OF DIRECTORS | 0.4 | — |
| MARY NETTLEMAN | BOARD OF DIRECTORS | 0.4 | — |
| PATRICK JOHNSON | BOARD OF DIRECTORS | 0.4 | — |
| ANDREA THOMPSON | BOARD OF DIRECTORS | 0.4 | — |
| TRAVIS HAHLER | BOARD OF DIRECTORS | 0.4 | — |
| GARY FISH | BOARD OF DIRECTORS (OCT-DEC) | 0.4 | — |
| NOAH SHEPARD - VP OF | DEVELOP./PRESIDENT & CEO (MAR-DEC) | 45 | $213,954 |
| NICK KOTZEA | SEC/TREAS; COO & GENERAL COUNSEL | 45 | $195,809 |
| JAY WILSON | PRESIDENT AND CEO (JAN-FEB) | 45 | $186,103 |
| PEGGY MACH | VP OF FINANCE | 45 | $147,845 |
| STEPHANIE AUSTIN - VP OF | ADVANCEMENT SERV. & COMMUNICATIONS | 45 | $120,787 |
| CHRISTOPHER KASSIN | VP OF CORPORATE & FDTN RELATIONS | 45 | $144,918 |
| KELLYNA WARNKE - SENIOR DIR | OF DEVELOPMENT - HEALTH AFFAIRS | 45 | $126,538 |
| CYNTHIA CARLSON | ED OF PLANNED GIVING | 45 | $169,344 |
| ANDREW CARR | ED OF DEVELOPMENT | 45 | $144,223 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Assets
$2.3M
Grants
1
Total Given
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Assets
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Total Given
—
East River Electric Power
MADISON, SD
Assets
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Grants
5
Total Given
$36K
Sanford Group Return
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Assets
$4.3B
Grants
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Total Given
$25.9M
A Coe & Dorothy Frankhauser Trust
SIOUX FALLS, SD
Assets
—
Grants
9
Total Given
$64K
Ride Therapy Project
SUMMERSET, SD
Assets
—
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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