West River Foundation for Economic and

STURGIS, SD EIN: 46-0457322 Website

TO RECRUIT BUSINESSES FROM OTHER STATES AND TO EXPAND IN-STATE BUSINESS INCLUDING ADMINISTERING AN ECONOMIC DEVELOPMENT AND RELENDING PROGRAM.

Financial Overview

From 2025 IRS Form 990-PF

Total Assets

$17.7M

+18.1% YoY

Annual Giving

$15K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$15K

+0.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M201920212022202320242025
Metric202520242023
Total Assets$17,713,506$14,994,827$14,321,627
Revenue$4,721,424$1,791,804$1,108,456
Expenses$1,691,342$930,370$922,205
Qualifying Distributions
Net Investment Income$93,825$69,566$43,971
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$14K$21K$28K1 grants20191 grants20212 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

SD GOVERNOR'S OFFICE OF …$15K

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does West River Foundation for Economic and fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

RONALD ROSENBOOMEXECUTIVE DIRECTOR$51KDONALD ANDERSENPRESIDENT$4KTIM CRAWFORDVICE PRESIDENT$4KSHIRLEY HALVERSONTREASURER$4KWILLIAM TERMESSECRETARY$4KJAMES DOOLITTLEDIRECTOR$4K

From 2025 filing

NameTitleHoursCompensation
DONALD ANDERSENPRESIDENT2$4,000
TIM CRAWFORDVICE PRESIDENT2$4,000
SHIRLEY HALVERSONTREASURER2$4,000
WILLIAM TERMESSECRETARY2$4,000
JAMES DOOLITTLEDIRECTOR2$4,000
RONALD ROSENBOOMEXECUTIVE DIRECTOR20$50,600

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

PIERRESTURGIS

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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