UNIVERSITY OF SOUTH DAKOTA FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF SOUTH DAKOTA FOUNDATION (EIN 46-6018891)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-15
- IRS object ID
- 202422899349301692
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-15T14:21:15-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 N REID PL STE 400 | AddressLine1Txt |
| City | SIOUX FALLS | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 571037034 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 466018891 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF SOUTH DAKOTA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 6056776703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1110 N DAKOTA | AddressLine1Txt |
| City | VERMILLION | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57069 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NOAH SHEPARD | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 6052747872 | PhoneNum |
| Signature | 2024-10-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURIE HANSON CPA | PreparerPersonNm |
| PTIN | P00851848 | PTIN |
| Phone | 6053391999 | PhoneNum |
| Preparation | 2024-10-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NOAH SHEPARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1110 N DAKOTA | AddressLine1Txt |
| City | VERMILLION | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57069 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $50,715,222 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.USDALUMNI.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1928 | FormationYr |
| Legal Domicile State | SD | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE PRIVATE RESOURCES TO BENEFIT THE UNIVERSITY OF SOUTH DAKOTA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 45 | TotalEmployeeCnt |
| Total Volunteers | 275 | TotalVolunteersCnt |
| Total Gross UBI | $9,069 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $15,496,625 | PYContributionsGrantsAmt |
| CY Contributions Grants | $17,460,684 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,147,606 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $717,824 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,716,368 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,002,207 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$32,325 | PYOtherRevenueAmt |
| CY Other Revenue | -$8,913 | CYOtherRevenueAmt |
| PY Total Revenue | $26,328,274 | PYTotalRevenueAmt |
| CY Total Revenue | $28,171,802 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $18,966,903 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $24,835,788 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,724,724 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,825,546 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $179,535 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $203,460 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,164,106 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,419,132 | PYOtherExpensesAmt |
| CY Other Expenses | $2,787,747 | CYOtherExpensesAmt |
| PY Total Expenses | $25,290,294 | PYTotalExpensesAmt |
| CY Total Expenses | $31,652,541 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,037,980 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,480,739 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $334,981,490 | TotalAssetsBOYAmt |
| Total Assets EOY | $354,810,157 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $18,054,800 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,218,368 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $316,926,690 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $336,591,789 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE PRIVATE RESOURCES FOR THE UNIVERSITY OF SOUTH DAKOTA TO INCREASE THE EXCELLENCE OF ITS STUDENTS' EDUCATIONAL EXPERIENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $11,092,663 | ExpenseAmt |
| Grant | $11,092,663 | GrantAmt |
| Revenue | $728,161 | RevenueAmt |
| Desc | PROVIDE SCHOLARSHIP FUNDS TO INCREASE THE ACADEMIC EXCELLENCE OF THE STUDENT BODY AND THE QUALITY OF THEIR EDUCATIONAL EXPERIENCE. SCHOLARSHIPS ARE AWARDED FOR BOTH RECRUITING AND RETENTION PURPOSES. $11.1 MILLION AND $10.8 MILLION IN SCHOLARSHIPS WERE AWARDED AS OF DECEMBER 31, 2023 AND 2022, RESPECTIVELY. THIS LEVEL OF FUNDING REPRESENTS AN INCREASE OF 13.1% OVER THE LAST 5 YEARS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,754,711 | ExpenseAmt |
| Grant | $7,754,711 | GrantAmt |
| Desc | PROVIDE FUNDS TO CONSTRUCT NEW CAMPUS FACILITIES AND RESTORE, REPAIR AND MAINTAIN EXISTING FACILITIES. THE FOUNDATION HAS BEEN INSTRUMENTAL IN A MAJOR RENOVATION AND RECONSTRUCTION PLAN FOR FACILITIES AT USD. SINCE 1996, $111.2 MILLION HAS BEEN PROVIDED FOR FACILITIES THAT HAVEENHANCED THE STUDENTS' EDUCATIONAL EXPERIENCE AND OPPORTUNITIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,988,414 | ExpenseAmt |
| Grant | $5,988,414 | GrantAmt |
| Desc | PROVIDE FUNDS TO SUPPORT ACADEMIC FACULTY THROUGH SALARY AUGMENTATION, RESEARCH AND PROFESSIONAL DEVELOPMENT, SUPPORT OF STUDENT TRAVEL AND RESEARCH, AND SUPPORT OF USD MUSEUMS AND VARIOUS AUXILIARY PROGRAMS. IN 2023, $6 MILLION WAS PROVIDED TO SUPPORT THESE NEEDS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $24,835,788 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 148 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 45 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PEGGY MACH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6057415050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1110 N DAKOTA | AddressLine1Txt |
| City | VERMILLION | CityNm |
| State Abbreviation | SD | StateAbbreviationCd |
| ZIP | 57069 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| KEVIN DOYLE | |||||||
| VICE CHAIR/CHAIR BEG. 10/2023 | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LANCE BULTENA - VICE CHAIR- | |||||||
| ELECT/VICE CHAIR BEG. 10/2023 | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GARY BEGEMAN - LEFT 102023 | |||||||
| IMMEDIATE PAST CHAIR | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RYAN TAYLOR - CHAIRIMMEDIATE | |||||||
| PAST CHAIR BEG. 10/2023 | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES CLEMENT - LEFT 102023 | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET DOYLE - LEFT 102023 | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| NANCY A GALLAGHER | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| TOM GALLAGHER | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| JACK HOPKINS | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH PETERS | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| BERGEN PETERSON - LEFT 102023 | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| JULIE JOHNSON | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| KYLE JORGENSEN | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| JAFAR KARIM | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| TERRANCE KURTENBACH | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| BRANDEE SCHULTZ | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| PAUL HANSON | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| NATHAN PETERSON | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| JAMES ABBOTT | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| JUDITH MEIERHENRY | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| MARY NETTLEMAN | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK JOHNSON | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| ANDREA THOMPSON | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| TYLER TORDSEN - LEFT 102023 | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| RUSS DOKKEN - JOINED 102023 | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| TRAVIS HAHLER - JOINED 102023 | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| NICK KOTZEA | |||||||
| SEC/TREAS; COO & GENERAL COUNSEL | 45.00 | Yes (X) | $185,844 | $0 | $12,162 | ||
| JAY WILSON | |||||||
| PRESIDENT AND CEO | 45.00 | Yes (X) | $305,145 | $0 | $21,710 | ||
| PEGGY MACH | |||||||
| VP OF FINANCE | 45.00 | Yes (X) | $126,489 | $0 | $12,669 | ||
| CHRISTOPHER KASSIN | |||||||
| VP OF CORPORATE RELATIONS | 45.00 | $137,072 | $0 | $16,248 | Yes (X) | ||
| KELLYNA WARNKE | |||||||
| SENIOR DIRECTOR OF DEVELOPMENT | 45.00 | $119,613 | $0 | $6,720 | Yes (X) | ||
| NOAH SHEPARD | |||||||
| VP OF DEVELOPMENT | 45.00 | $143,398 | $0 | $14,289 | Yes (X) | ||
| CYNTHIA CARLSON | |||||||
| ED OF PLANNED GIVING | 45.00 | $160,811 | $0 | $24,338 | Yes (X) | ||
| ANDREW CARR | |||||||
| ED OF LEADERSHIP ANNUAL GIVING | 45.00 | $136,331 | $0 | $16,668 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,314,703 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $124,804 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RUFFALO NOEL LEVITZ LLC | |||||
| PO BOX 718 | DES MOINES | IA | 503030718 | ANNUAL FUNDRAISING | $203,460 |
| PINNACLE PRODUCTIONS INC | |||||
| PO BOX 2320 | SIOUX FALLS | SD | 57101 | VIDEO PRODUCTIONS | $175,381 |
| MRJ ADVISORS LLC | |||||
| 111 E RIDGELEY ROAD | COLUMBIA | MO | 65203 | CONSULTING | $107,297 |
| ERICKSON SOLUTIONS GROUP | |||||
| 7101 COLLEGE BLVD STE 200 | OVERLAND PARK | KS | 66210 | IT SUPPORT AND EQUIPMENT | $106,147 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $613,633 | FundraisingAmt |
| All Other Contributions | $16,847,051 | AllOtherContributionsAmt |
| Noncash Contributions | $2,243,166 | NoncashContributionsAmt |
| Total Contributions | $17,460,684 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE FEES | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $717,824 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $717,824 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $717,824 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,475,296 | TotalRevenueColumnAmt |
| Exclusion | $9,475,296 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $92,985 | RealAmt |
| Personal | $64,000 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $89,003 | RealAmt |
| Personal | $53,663 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,982 | RealAmt |
| Personal | $10,337 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,319 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,337 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $3,982 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,708,801 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,145,600 | SecuritiesAmt |
| Other | $36,290 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $563,201 | SecuritiesAmt |
| Other | -$36,290 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $526,911 | TotalRevenueColumnAmt |
| Exclusion | $526,911 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $186,563 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $613,633 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $218,864 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$32,301 | TotalRevenueColumnAmt |
| Exclusion | -$32,301 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|
| BLACKSTONE INVESTMENTS | 531390 | $4,644 | $4,644 |
| STATE TAX REFUNDS | 900099 | $4,425 | $4,425 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,069 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,171,802 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $728,161 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $9,069 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,973,888 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,835,788 | TotalAmt |
| Program Services | $24,835,788 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $665,672 | TotalAmt |
| Management And General | $501,746 | ManagementAndGeneralAmt |
| Fundraising | $163,926 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,114 | TotalAmt |
| Management And General | $28,557 | ManagementAndGeneralAmt |
| Fundraising | $28,557 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,402,580 | TotalAmt |
| Management And General | $959,999 | ManagementAndGeneralAmt |
| Fundraising | $1,442,581 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,923 | TotalAmt |
| Management And General | $38,290 | ManagementAndGeneralAmt |
| Fundraising | $66,633 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $297,857 | TotalAmt |
| Management And General | $137,769 | ManagementAndGeneralAmt |
| Fundraising | $160,088 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $297,400 | TotalAmt |
| Management And General | $138,172 | ManagementAndGeneralAmt |
| Fundraising | $159,228 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,876 | TotalAmt |
| Management And General | $70,876 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,690 | TotalAmt |
| Management And General | $10,690 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,460 | TotalAmt |
| Fundraising | $203,460 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $667,561 | TotalAmt |
| Management And General | $667,561 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $346,777 | TotalAmt |
| Management And General | $346,777 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,873 | TotalAmt |
| Management And General | $138,875 | ManagementAndGeneralAmt |
| Fundraising | $311,998 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,898 | TotalAmt |
| Management And General | $56,817 | ManagementAndGeneralAmt |
| Fundraising | $7,081 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,718 | TotalAmt |
| Management And General | $171,718 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,873 | TotalAmt |
| Management And General | $95,652 | ManagementAndGeneralAmt |
| Fundraising | $116,221 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $323,308 | TotalAmt |
| Management And General | $75,127 | ManagementAndGeneralAmt |
| Fundraising | $248,181 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,340 | TotalAmt |
| Management And General | $67,941 | ManagementAndGeneralAmt |
| Fundraising | $24,399 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,561 | TotalAmt |
| Management And General | $61,094 | ManagementAndGeneralAmt |
| Fundraising | $62,467 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,978 | TotalAmt |
| Management And General | $36,850 | ManagementAndGeneralAmt |
| Fundraising | $11,128 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EVENTS & STEWARDSHIP | $143,953 | $143,953 | |
| RECRUITMENT & RETENTION | $58,173 | $14,205 | $43,968 |
| UBI TAX | -$1,825 | -$1,825 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,993 | TotalAmt |
| Management And General | $5,993 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,652,541 | TotalAmt |
| Program Services | $24,835,788 | ProgramServicesAmt |
| Management And General | $3,652,647 | ManagementAndGeneralAmt |
| Fundraising | $3,164,106 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,630,359 | BOYAmt |
| EOY | $7,432,895 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,912,609 | BOYAmt |
| EOY | $18,674,554 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000,000 | BOYAmt |
| EOY | $1,040,397 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,454 | BOYAmt |
| EOY | $309,959 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,500,542 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,342,336 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,206,254 | BOYAmt |
| EOY | $2,158,206 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,896,669 | BOYAmt |
| EOY | $279,197,632 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,687,438 | BOYAmt |
| EOY | $41,396,731 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,373,707 | BOYAmt |
| EOY | $4,599,783 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,981,490 | BOYAmt |
| EOY | $354,810,157 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,140,438 | BOYAmt |
| EOY | $922,898 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,914,362 | BOYAmt |
| EOY | $17,295,470 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,054,800 | BOYAmt |
| EOY | $18,218,368 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$8,675,577 | BOYAmt |
| EOY | -$12,353,595 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,602,267 | BOYAmt |
| EOY | $348,945,384 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,926,690 | BOYAmt |
| EOY | $336,591,789 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,981,490 | BOYAmt |
| EOY | $354,810,157 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,480,739 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $22,217,220 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $928,618 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,510,392 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,405,142 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,600,122 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,496,625 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,460,684 | CurrentTaxYearAmt |
| Total | $93,472,965 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,510,392 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,405,142 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,600,122 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,496,625 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,460,684 | CurrentTaxYearAmt |
| Total | $93,472,965 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $10,009,771 | SubstantialContributorsTotAmt |
| Public Support Total170 | $83,463,194 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,312,205 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,368,807 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,924,446 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,408,306 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,632,281 | CurrentTaxYearAmt |
| Total | $30,646,045 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $92,180 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $255,089 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,576 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,523 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,069 | CurrentTaxYearAmt |
| Total | $392,437 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $124,511,447 | TotalSupportAmt |
| Public Support CY170 | 0.67030 | PublicSupportCY170Pct |
| Public Support PY170 | 0.59310 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $10,690 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $10,690 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | ENGAGED WITH DUNCAN LAW FIRM LLC IN SIOUX FALLS, SOUTH DAKOTA TO PROVIDE DIRECT LOBBYING OF STATE LAWMAKERS IN MATTERS OF INTEREST TO THE UNIVERSITY OF SOUTH DAKOTA DURING THE 2023 SOUTH DAKOTA LEGISLATIVE SESSION. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $2,400 | RevenuesIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $289,290,750 | BeginningYearBalanceAmt |
| Contributions | $10,437,169 | ContributionsAmt |
| Investment Earnings Or Losses | $32,714,631 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,766,812 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,037,714 | AdministrativeExpensesAmt |
| End Year Balance | $317,638,024 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $326,822,004 | BeginningYearBalanceAmt |
| Contributions | $5,371,064 | ContributionsAmt |
| Investment Earnings Or Losses | -$28,399,882 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,582,722 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $4,919,714 | AdministrativeExpensesAmt |
| End Year Balance | $289,290,750 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $308,697,131 | BeginningYearBalanceAmt |
| Contributions | $7,129,249 | ContributionsAmt |
| Investment Earnings Or Losses | $25,213,794 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,144,193 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,073,977 | AdministrativeExpensesAmt |
| End Year Balance | $326,822,004 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $260,395,728 | BeginningYearBalanceAmt |
| Contributions | $15,380,752 | ContributionsAmt |
| Investment Earnings Or Losses | $45,476,857 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,266,860 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,289,346 | AdministrativeExpensesAmt |
| End Year Balance | $308,697,131 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $231,416,534 | BeginningYearBalanceAmt |
| Contributions | $7,140,295 | ContributionsAmt |
| Investment Earnings Or Losses | $34,340,271 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,211,279 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $4,290,093 | AdministrativeExpensesAmt |
| End Year Balance | $260,395,728 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01070 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.71370 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.27560 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $100,701 | OtherCostOrOtherBasisAmt |
| Book Value | $100,701 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,975,505 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,097,544 | DepreciationAmt |
| Book Value | $1,877,961 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $424,336 | OtherCostOrOtherBasisAmt |
| Depreciation | $244,792 | DepreciationAmt |
| Book Value | $179,544 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,158,206 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| REAL ESTATE PARTNERSHIPS | $8,172,295 | F |
| BLACKSTONE EQUITY GROUP | $2,579,871 | F |
| CITY OF VERMILLION TIF BOND | $481,193 | F |
| ADAGE CAPITAL | $30,163,372 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $41,396,731 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| INVESTMENTS HELD FOR OTHERS | $8,270,258 |
| GIFT ANNUITIES AND LIFE INCOME AGREEMENTS | $2,613,375 |
| DUE TO USD - SCHOLARSHIPS | $5,741,221 |
| LEASE LIABILITY | $670,616 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $17,295,470 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $50,965,433 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $22,217,220 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $9,048 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $930,590 | OtherRevenueAmt |
| Revenue Not Reported | $23,156,858 | RevenueNotReportedAmt |
| Revenue Subtotal | $27,808,575 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $667,561 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$304,334 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $363,227 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $28,171,802 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $31,300,334 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $9,048 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $304,334 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $313,382 | ExpensesNotReportedAmt |
| Expenses Subtotal | $30,986,952 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $667,561 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$1,972 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $665,589 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $31,652,541 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | ARTWORK RECEIVED BY THE FOUNDATION HAS BEEN GIFTED FOR THE BENEFIT OF THE UNIVERSITY OF SOUTH DAKOTA. UNLESS INSTRUCTED OTHERWISE BY THE DONOR, OWNERSHIP IS TRANSFERRED TO THE UNIVERSITY OF SOUTH DAKOTA TO BE INCLUDED IN THEIR COLLECTIONS AND USED FOR RESEARCH, DISPLAY AND PRESERVED FOR FUTURE GENERATIONS UNDER THEIR POLICIES. |
| PART V, LINE 4: | THE FOUNDATION ATTEMPTS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO USD PROGRAMS AND SCHOLARSHIPS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. APPROPRIATIONS ARE MADE ANNUALLY, BASED ON A DISTRIBUTION THAT IS CAREFULLY REVIEWED BY THE BOARD OF DIRECTORS. THE APPROPRIATIONS ARE USED FOR THE PURPOSES AS DEFINED IN THE AGREEMENT BETWEEN THE FOUNDATION AND DONOR ON THE UNDERLYING ENDOWMENT. |
| PART X, LINE 2: | THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN ANNUITIES AND DEFERRED GIFTS 917,995. CASH SURRENDER VALUE OF LIFE INSURANCE 10,623. UBI TAX 1,972. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECLASSIFY FUNDRAISING EXPENSES -218,864. RENTAL EXPENSES INCLUDED WITH RENTAL INCOME -85,470. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES INCLUDED WITH RENTAL INCOME 85,470. RECLASSIFY FUNDRAISING EXPENSES 218,864. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | UBI TAX -1,972. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENT | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $6,735,000 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $6,735,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $6,735,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, SCHEDULE F, PART I, COLUMN (F) | THE AMOUNT REPORTED IN COLUMN (F) IS TOTAL CAPITAL CONTRIBUTED DURING THE YEAR PLUS THE TOTAL ENDING CAPITAL BALANCE OF FIVE INVESTMENTS IN FOREIGN PARTNERSHIPS. |
| FORM 990, SCHEDULE F, PART IV, LINE 5 | THE FOUNDATION REVIEWS ITS DIRECT AND INDIRECT INVESTMENTS DURING THE TAX PERIOD FOR DETERMINING REQUIRED FOREIGN FILINGS. THE FOUNDATION MAKES INDIRECT TRANSFERS TO FOREIGN CORPORATIONS AND FOREIGN PARTNERSHIPS. THE FOUNDATION WOULD FILE FORM 926 OR FORM 8865 IF THE TRANSFERS MET THE REQUIREMENTS FOR FILING. THE FOUNDATION'S TRANSFERS TO FOREIGN CORPORATIONS DID REQUIRE FILING FORM 926. THE FOUNDATION'S TRANSFERS TO FOREIGN PARTNERSHIPS DID REQUIRE FILING FORM 8865. THE FOUNDATION HAS OWNERSHIP INTERESTS IN FOREIGN PARTNERSHIPS. THE FOUNDATION WOULD FILE FORM 8865 IF THE OWNERSHIP MET THE REQUIREMENTS FOR FILING. THE FOUNDATION'S OWNERSHIP IN FOREIGN PARTNERSHIPS DID NOT REQUIRE FILING FORM 8865. THE FOUNDATION INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES (PFICS). THE FOUNDATION WOULD FILE FORM 8621 FOR UNDERLYING INVESTMENTS THAT GENERATE UNRELATED BUSINESS INCOME. THE FOUNDATION WOULD NOT FILE FORM 8621 WHERE THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621, OR WHERE THE UNDERLYING INVESTMENTS DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. THE FOUNDATION DID NOT REQUIRE FILING FORM 8621. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUFFALO NOEL LEVITZ LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 718 | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50303 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | PHONE CENTER MANAGEMENT AND DIRECT MAILINGS | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $318,380 | GrossReceiptsAmt |
| Retained By Contractor | $203,460 | RetainedByContractorAmt |
| Net To Organization | $114,920 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $318,380 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $203,460 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $114,920 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CAC DINNER AND AUCTION | Event1Nm |
| Gross Receipts Event1 | $693,524 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $536,436 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $157,088 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $68,264 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $100,340 | OtherDirectExpensesEvent1Amt |
| Event2 | GOLF CLASSIC EVENTS | Event2Nm |
| Gross Receipts Event2 | $106,672 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $77,197 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $29,475 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $24,651 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $25,609 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $800,196 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $613,633 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $186,563 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $92,915 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $125,949 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $218,864 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$32,301 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| SOUTH DAKOTA STATE UNIVERSITY | ||||||||
| PO BOX 2201 | BROOKINGS | SD | 57007 | 466000364 | GOVERNMENTAL | $8,875 | $0 | SCHOLARSHIPS |
| VERMILLION AREA CHAMBER & DEVELOPMENT COMPANY | ||||||||
| 2 E MAIN STREET | VERMILLION | SD | 57069 | 460284795 | 501(C)(4) | $15,000 | $0 | PROGRAM SUPPORT |
| UNIVERSITY OF SOUTH DAKOTA | ||||||||
| 414 EAST CLARK STREET | VERMILLION | SD | 57069 | 466000364 | GOVERNMENTAL | $24,715,989 | $0 | $11,092,663 FOR SCHOLARSHIPS, $7,754,711 FOR FACILITIES AND $5,868,615 OTHER DEPARTMENTAL SUPPORT |
| BLACK HILLS PLAYHOUSE | ||||||||
| PO BOX 2513 | RAPID CITY | SD | 57709 | 460215866 | 501(C)(3) | $18,142 | $0 | SCHOLARSHIPS/PROGRAM SUPPORT |
| SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION | ||||||||
| 2600 WEST 49TH STREET STE 100 | SIOUX FALLS | SD | 57105 | 466012680 | 501(C)(3) | $26,514 | $0 | STUDENT SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION ACCEPTS GIFTS AND MANAGES PAYMENTS FOR THE PURPOSES SET FORTH BY THE DONORS. THE FOUNDATION INFORMS THE UNIVERSITY OF THE AMOUNT AVAILABLE FOR EXPENDITURE AND THE CRITERIA FOR USE. THE UNIVERSITY MAKES THE DETERMINATION OF WHO THE RECIPIENT WILL BE FOR THESE FUNDS, IN ACCORDANCE WITH THE CRITERIA, AND REQUESTS PAYMENT FROM THE FOUNDATION. BEFORE PAYMENT IS MADE, THE FOUNDATION VERIFIES THAT THE REQUESTED PAYMENT IS AN APPROPRIATE USE OF THE FUNDS PER THE FUND CRITERIA AND THAT THE UNIVERSITY REPRESENTATIVE MAKING THE REQUEST IS AUTHORIZED TO DO SO. THE FOUNDATION MAY MAKE GENERAL DONATIONS TO CERTAIN OTHER ORGANIZATIONS, SUCH AS VERMILLION AREA CHAMBER AND DEVELOPMENT COMPANY, FOR WHICH A SPECIFIC ACCOUNTING OF HOW THE FUNDS WERE USED IS NOT REQUIRED. THESE DONATIONS ARE APPROVED BY THE FOUNDATION'S PRESIDENT AND CEO TO SUPPORT SPECIFIC EFFORTS TO ADVANCE THE COMMUNITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAY WILSON | ||||||||||||||
| PRESIDENT AND CEO | $249,765 | $0 | $48,000 | $0 | $7,380 | $0 | $15,403 | $0 | $7,304 | $0 | $327,852 | $0 | $0 | $0 |
| NICK KOTZEA | ||||||||||||||
| SEC/TREAS; COO & GENERAL COUNSEL | $178,488 | $0 | $0 | $0 | $7,356 | $0 | $10,650 | $0 | $1,878 | $0 | $198,372 | $0 | $0 | $0 |
| CYNTHIA CARLSON | ||||||||||||||
| ED OF PLANNED GIVING | $153,054 | $0 | $0 | $0 | $7,757 | $0 | $9,480 | $0 | $15,789 | $0 | $186,080 | $0 | $0 | $0 |
| NOAH SHEPARD | ||||||||||||||
| VP OF DEVELOPMENT | $143,296 | $0 | $0 | $0 | $102 | $0 | $8,598 | $0 | $6,600 | $0 | $158,596 | $0 | $0 | $0 |
| CHRISTOPHER KASSIN | ||||||||||||||
| VP OF CORPORATE RELATIONS | $136,965 | $0 | $0 | $0 | $107 | $0 | $8,314 | $0 | $8,235 | $0 | $153,621 | $0 | $0 | $0 |
| ANDREW CARR | ||||||||||||||
| ED OF LEADERSHIP ANNUAL GIVING | $136,173 | $0 | $0 | $0 | $158 | $0 | $8,260 | $0 | $8,707 | $0 | $153,298 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | AS PART OF THE COMPENSATION PACKAGE REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, THE PRESIDENT & CEO IS PROVIDED A MONTHLY ALLOWANCE FOR THE BUSINESS USE OF PERSONAL VEHICLES. AS PART OF THE COMPENSATION PACKAGE REVIEWED AND APPROVED BY THE CEO, THE CHIEF OPERATING OFFICER & LEGAL COUNSEL, AND THE EXECUTIVE DIRECTOR OF PHILANTHROPY ARE PROVIDED A MONTHLY ALLOWANCE FOR BUSINESS USE OF PERSONAL VEHICLES. THESE BENEFITS ARE CONSIDERED TAXABLE BENEFITS AND ARE INCLUDED IN TAXABLE INCOME. |
| PART I, LINE 7 | JAY WILSON WAS AWARDED A BONUS OF $48,000 BASED ON THE DISCRETION OF THE BOARD OF DIRECTORS. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERIKA TORDSEN | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER OF BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | $57,113 | TransactionAmt |
| Transaction | COMPENSATION AND BENEFITS AS AN EMPLOYEE | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,400 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST OF COMPARABLES | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $250 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST OF COMPARABLES | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 17 | ContributionCnt |
| Noncash Contributions Rpt F990 | $353,281 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG OF HIGH/LOW MKT PRIC | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,600,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST OF COMPARABLES | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $100,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST OF COMPARABLES | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | MISCELLANEOUS ITEMS | Desc |
| Contribution | 175 | ContributionCnt |
| Noncash Contributions Rpt F990 | $187,235 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE COMMITTEE SHALL CONSIST OF THE FOUNDATION CHAIR, VICE CHAIR, THE VICE CHAIR ELECT, IMMEDIATE PAST CHAIR, THE CHAIRS OF THE STANDING COMMITTEES AND TWO MEMBERS DESIGNATED BY THE FOUNDATION CHAIR FROM AMONG THE ELECTED AND APPOINTED MEMBERS OF THE BOARD OF DIRECTORS AT THE BEGINNING OF CHAIR'S TERM AND APPROVED BY THE BOARD OF DIRECTORS. THE PRESIDENT OF THE UNIVERSITY, FOUNDATION PRESIDENT, AND THE FOUNDATION'S LEGAL COUNSEL SHALL BE EX-OFFICIO NON-VOTING MEMBERS OF THE COMMITTEE. THE EXECUTIVE COMMITTEE HAS BROAD AUTHORITY TO ACT ON BEHALF OF THE BOARD BETWEEN BOARD MEETINGS AND IN ALL SITUATIONS EXCEPT THOSE RESERVED TO THE BOARD AND THOSE SPECIFIED IN THE BYLAWS. APPROVAL OF AUTHORITY TO ACT FOR UNUSUAL TRANSACTIONS (I.E. PURCHASE/SALE OF PROPERTY) IS RECEIVED FROM THE BOARD OF DIRECTORS PRIOR TO THE ACTIONS. APPROVAL OF NORMAL BUSINESS ACTIONS IS RECEIVED FROM THE BOARD OF DIRECTORS AFTER THE COMMITTEE HAS ACTED. |
| FORM 990, PART VI, SECTION A, LINE 2 | TOM GALLAGHER AND NANCY GALLAGHER HAVE A FAMILY RELATIONSHIP AND A BUSINESS RELATIONSHIP. PAUL HANSON AND NATHAN PETERSON HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | MANAGEMENT REVIEWS THE 990 IN DETAIL, AFTER WHICH THE 990 IS PROVIDED TO EACH BOARD MEMBER ELECTRONICALLY AND APPROVED BY THE BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY APPLIES TO BOARD MEMBERS, OFFICERS AND COMMITTEE MEMBERS. NEW INDIVIDUALS SIGN A CONFLICT OF INTEREST STATEMENT UPON APPOINTMENT OR ELECTION. CONTINUING INDIVIDUALS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EVERY YEAR. THEY ARE ASKED TO NOTIFY THE FOUNDATION IMMEDIATELY IF A CONFLICT ARISES IN THE INTERIM. THE STATEMENTS ARE REVIEWED BY THE DIRECTOR OF ADMINISTRATION AND THE CEO. THE CEO PROVIDES A REPORT OF THE PROCESS & RESULTS TO THE AUDIT COMMITTEE. ANY CONFLICTS WOULD RESULT IN REQUIRING THE SPECIFIED BOARD MEMBER TO EXCUSE THEMSELVES FROM A VOTE THAT INVOLVES THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION AND BENEFITS FOR THE CEO. WAGE AND BENEFIT ADJUSTMENTS FOR THE CEO ARE DETERMINED ANNUALLY BY THIS COMMITTEE. THE COMMITTEE GATHERS SALARY INFORMATION FROM EMPLOYMENT SURVEYS TO USE FOR COMPARISON. COMPENSATION FOR THE CFO IS DETERMINED BY THE CEO. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE AVAILABLE TO BOARD ON A BOARD PORTAL. THEY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART X, LINE 27 | SUPPORT FOR TWO CAPITAL PROJECTS IN EXCESS OF GIFTS, INCLUDING PROMISES TO GIVE, HAS RESULTED IN DEFICIENCIES THAT ARE REPORTED IN NET ASSETS WITHOUT DONOR RESTRICTIONS. THIS CUMULATIVE DEFICIENCY TOTALED $11.874 MILLION AND $10.8 MILLION AS OF DECEMBER 31, 2023 AND 2022, RESPECTIVELY. CURRENTLY THE DEFICIT IS BEING INCREASED AS ADDITIONAL EXPENSES ARE BEING PAID ON PROJECTS WHICH DO NOT HAVE OFFSETTING GIFTS. THE FOUNDATION HAS RECEIVED COMMUNICATION OF APPROXIMATELY $4,100,000 IN REVOCABLE GIFTS DESIGNATED TO THE TWO CAPITAL PROJECT FUNDS THAT WILL BE USED TO REDUCE THIS DEFICIT ALONG WITH ANY FUTURE GIFTS. |
| FORM 990, PART XI, LINE 9: | CHANGE IN ANNUITIES & DEFERRED GIFTS 917,995. CASH SURRENDER VALUE OF LIFE INSURANCE 10,623. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| USDF LLC | |||||||||
| 1110 N DAKOTA | VERMILLION | SD | 57069 | 466018891 | HOLD AND MANAGE REAL ESTATE FOR FOUNDATION | SD | $3,985 | $3,062,320 | UNIVERSITY OF SOUTH DAKOTA FOUNDATION |
| USDF2 LLC | |||||||||
| 1110 N DAKOTA | VERMILLION | SD | 57069 | 466018891 | HOLD AND MANAGE AIRPLANE FOR FOUNDATION | SD | $10,337 | $618,097 | UNIVERSITY OF SOUTH DAKOTA FOUNDATION |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|
| CHARITABLE REMAINDER TRUSTS (12) | ||||
| CRT | SD | N/A | T | Yes (1) |
| CHARITABLE LEAD TRUSTS (3) | ||||
| CRT | SD | N/A | T | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CHARITABLE REMAINDER TRUSTS (3) | ||
| S | $442,051 | FMV |
| CHARITABLE LEAD TRUSTS (2) | ||
| S | $168,105 | FMV |
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