Rural Electric Economic Development Fund (REED)
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Overview
Geographic Scope: South Dakota and western Minnesota, serving East River member cooperatives' service territory
The Rural Electric Economic Development (REED) Fund is a non-profit corporation owned and governed by many East River member cooperatives. Over 29 years of operation, it has been involved in more than 420 projects and invested more than $130 million in rural areas.
Focus Areas:
- Projects that promote growth and contribute to job, business, and wealth creation
- Infrastructure improvement
- Community facilities and services
- Economic base development of rural areas
Mission: To support East River members and other cooperatives in providing financing and helping leverage investment in communities and rural areas to make a difference in the region.
Contact:
- Phone: 605.256.4536
- Address: PO Box 227, 211 South Harth Ave, Madison, SD 57042
- Website: Visit Website (referenced but specific URL not provided in content)
What East River Electric Power Cooperative Inc actually gave
Source: IRS Form 990, 2024
- Grants in 2024
- 5
- Total given
- $46K
- Median grant
- $7,025
- Range
- $5,300–$20K
- By dollars: South Dakota 100%. Top recipient cities: Madison, SD; Brookings, SD; Bath, SD.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Lake Area Improvement Corporation · Madison, SD
Economic development
$20K
South Dakota Agricultural and Rural Leadership Foundation · Brookings, SD
Economic development
$7,500
South Dakota FFA Foundation Inc · Bath, SD
Community support
$7,025
Forward Sioux Falls · Sioux Falls, SD
Economic development
$6,667
Dakota State University Foundation · Madison, SD
Community support
$5,300
Focus Areas & Funding Uses
Fields of Work
- Community development
- Economic services
Categories
Browse similar grants by category
Related Grants
Open grants from this funder and similar programs
Touchstone Energy Scholar of the Week
East River Electric Power Cooperative Inc
Amount
Varies
Deadline
Deadline not published
Basin Electric Scholarship Program
East River Electric Power Cooperative Inc
Amount
$1,000 per scholarship
Deadline
Deadline not published
Agri-Business Grants
DOT Economic Dev Grants
Amount
Up to $600,000
Deadline
October 15, 2026
Industrial Park Grants
DOT Economic Dev Grants
Amount
Up to $500,000
Deadline
October 15, 2026
Community Innovation Prize
Dakota Resources
Amount
$2,000
Deadline
Expected ~October
Based on past cycles
Leveling-Up Award
Dakota Resources
Amount
$1,000
Deadline
Expected ~October
Based on past cycles
Ready to apply for Rural Electric Economic Development Fund (REED)?
Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.
You found Rural Electric Economic Development Fund (REED). Now let's win it.