West River Foundation for Economic and Community Development
To recruit businesses from other states and to expand in-state business including administering an economic development and relending program.
West River Foundation for Economic and Community Development at a glance
In short: West River Foundation for Economic and Community Development gave $15K across 1 grant in 2025 (avg $15K), mostly in South Dakota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $15,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $15,000
- +0.0% vs 2024
- Median grant
- $15,000
- Total assets
- $17,713,506
- +18.1% vs 2024
- Primary geography
- South Dakota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who West River Foundation for Economic and Community Development funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was SD Governor's Office of Economic Development ($15K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How West River Foundation for Economic and Community Development gives
- Giving fell 45% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $15K (2019) to $28K (2022). In 2025 it made 1 grant totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SD Governor's Office of Economic Development Pierre, SD | 2024 Governor's Hunt Sponsorship | $15,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $17,713,506 | $4,721,424 | $1,691,342 | $15,000 | 1 | $93,825 |
| 2024 | $14,994,827 | $1,791,804 | $930,370 | $15,000 | 1 | $69,566 |
| 2023 | $14,321,627 | $1,108,456 | $922,205 | $15,000 | 1 | $43,971 |
| 2022 | $14,301,798 | $1,281,942 | $887,576 | $27,500 | 2 | $93,116 |
| 2021 | $14,736,771 | $1,456,019 | $829,123 | $15,000 | 1 | $24,647 |
| 2019 | $13,736,779 | $1,022,706 | $650,991 | $15,000 | 1 | $28,216 |
About West River Foundation for Economic and Community Development
Based on IRS filings
West River Foundation for Economic and Community Development is a public charity focused on Community Improvement & Capacity Building, based in Sturgis, SD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $17.7M in total assets. In 2025, it awarded 1 grant totaling $15K. Net investment income was $94K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
West River Foundation for Economic and Community Development is led by Donald Andersen, President since 2021 (on filings since 2019); all 6 officers listed in 2025 are compensated.
Officers on the 2025 filing
Donald Andersen
President
Vice President → President, 2021
On filings since 2019
2 hrs/week
$4K (2019) → $4K (2025)
Ronald Rosenboom
Executive Director
On filings since 2019
20 hrs/week
$35K (2019) → $51K (2025)
James Doolittle
Director
On filings since 2021
2 hrs/week
$4K (2021) → $4K (2025)
Shirley Halverson
Treasurer
On filings since 2019
2 hrs/week
$4K (2019) → $4K (2025)
Tim Crawford
Vice President
Director → Vice President, 2021
On filings since 2019
2 hrs/week
$4K (2019) → $4K (2025)
William Termes
Secretary
On filings since 2019
2 hrs/week
$4K (2019) → $4K (2025)
Former officers (1)
- Former: Myron Sullivan (2019) — President
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
The highest reported compensation on the 2025 filing was $51K, to Ronald Rosenboom (Executive Director). 6 officers or directors reported compensation on that filing.
Frequently asked questions about West River Foundation for Economic and Community Development
How much does West River Foundation for Economic and Community Development give each year?
West River Foundation for Economic and Community Development gave $15K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $15K across 1 grant.
How large is West River Foundation for Economic and Community Development?
West River Foundation for Economic and Community Development reported $17.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.7M.
What is West River Foundation for Economic and Community Development?
West River Foundation for Economic and Community Development is a public charity focused on Community Improvement & Capacity Building, based in Sturgis, SD. It holds $17.7M in total assets as of 2025.
Where does West River Foundation for Economic and Community Development operate?
West River Foundation for Economic and Community Development has awarded grants in South Dakota.
What is West River Foundation for Economic and Community Development's EIN?
West River Foundation for Economic and Community Development's EIN (Employer Identification Number) is 46-0457322. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS March 20, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS March 4, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS January 29, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 22, 2025)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work West River Foundation for Economic and Community Development funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in West River Foundation for Economic and Community Development's focus areas in our free grants database
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