Yellow Jacket Foundation

Public charity · Grantmaker Spearfish, SD EIN: 51-0151319

To support student athletes by funding athletic scholarships and improving athletic facilities.

Yellow Jacket Foundation at a glance

In short: Yellow Jacket Foundation gave $12.7M across 1 grant in 2024 (avg $12.7M), mostly in South Dakota. Source: 2024 IRS Form 990.

Annual giving (2024)
$12,719,836
Grants made (2024)
1
Average grant
$12,719,836
Median grant
$12,719,836
Primary geography
South Dakota (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Yellow Jacket Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Black Hills State University Founda: $12.7MBlack Hills State UniversityFounda$12.7M

The largest 2024 recipient was Black Hills State University Founda ($12.7M).

Grant Size Distribution

3 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

The most common grant size was under $50K: 2 grants of 3 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Spearfish

How Yellow Jacket Foundation gives

  • Giving grew 58240% from 2021 to 2024. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M1 grant2020 1 grant2021 0 grants2022 0 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $22K (2021) to $12.7M (2024). In 2024 it made 1 grant totaling $12.7M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Black Hills State University Founda Spearfish, SDSee Schedule N$12,719,836
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024——$12,719,836$12,719,8361—
2023$12,724,814$6,905,985$1,966,849——$188,066
2022$7,306,802$4,359,748$1,542,195——$60,683
2021$5,113,790$2,559,424$1,521,911$21,8031$63,918
2020$3,792,249$1,760,285$1,270,849$25,5941$55,358

About Yellow Jacket Foundation

Based on IRS filings

Yellow Jacket Foundation is a public charity, based in Spearfish, SD. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $12.7M.

Leadership & Key People

Officers and directors from IRS filings

Yellow Jacket Foundation is led by Darin Douglas, President on every filing since 2020; none of the 24 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Darin Douglas

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ashley Pearson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Beth Mathis

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bill Hughes

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bob Young

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dan Green

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dana Dykhouse

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dave Little

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Mickelson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Forrest Brady

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jim Alcorn

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Heck

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kay Schallenkamp

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Matt Walters

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Scott Graslie

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stan Triplett

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Terry Kelley

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tim Penton

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mike Kaitfors

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Neil Grandbouche

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ron Junek

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steve Meeker

    Executive Di

    On filings since 2020

    15 hrs/week

    No compensation reported

  • Susan Peterson

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dillon Haug

    Ex-Officio M

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Chris Anderson (2020–2021) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Yellow Jacket Foundation

How much does Yellow Jacket Foundation give each year?

Yellow Jacket Foundation gave $12.7M across 1 grant in 2024, according to its 2024 IRS Form 990.

Where does Yellow Jacket Foundation operate?

Yellow Jacket Foundation has awarded grants in South Dakota.

What is Yellow Jacket Foundation's EIN?

Yellow Jacket Foundation's EIN (Employer Identification Number) is 51-0151319. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
  4. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Yellow Jacket Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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