2021-05-10T09:10:50-05:00 2020-06-30 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2019-07-01 466011771 SOUTH DAKOTA SCHOOL OF MINES AND TECHNOLOGY FOUNDATION SOUT 6053946660 330 EAST KANSAS CITY ST RAPID CITY SD 57701 SHARON CHONTOS INTERIM PRESIDENT 2021-05-10 true TRACI HANSON CPA P02055725 6053425630 2021-05-10 2019 2022-09-23 18:48:47Z SDSM&T FOUNDATION SHARON CHONTOS 330 EAST KANSAS CITY STREET RAPID CITY SD 57701 44462708 false X FOUNDATION.SDSMT.EDU X 1954 SD THE SDSM&T FOUNDATION'S MISSION IS TO ASSIST THE SOUTH DAKOTA SCHOOL OF MINES AND TECHNOLOGY UNIVERSITY IN PROVIDING EXCEPTIONAL INTELLECTUAL, PROFESSIONAL, AND PERSONAL DEVELOPMENT OPPORTUNITIES. WE SEEK THE REQUIRED RESOURCES TO ENHANCE THOSE OPPORTUNITIES TO ENRICH AND EMPOWER THE INDIVIDUAL'S ATTAINMENT OF OUTSTANDING EDUCATIONAL EXPERIENCES, PROFESSIONAL ACCOMPLISHMENTS, AND LIFETIME EXPERIENCES TO ADDRESS SOCIETY'S NEEDS THROUGH TECHNOLOGY. 28 28 18 50 0 72357129 10820559 594455 384481 2676974 3300506 76291 119871 75704849 14625417 68998597 5211331 0 1234363 1250614 55157 56805 1247347 551907 723913 70840024 7242663 4864825 7382754 95588580 102523610 4956180 4542247 90632400 97981363 X THE SDSM&T FOUNDATION'S MISSION IS TO ASSIST THE SOUTH DAKOTA SCHOOL OF MINES AND TECHNOLOGY UNIVERSITY IN PROVIDING EXCEPTIONAL INTELLECTUAL, PROFESSIONAL, AND PERSONAL DEVELOPMENT OPPORTUNITIES. WE SEEK THE REQUIRED RESOURCES TO ENHANCE THOSE OPPORTUNITIES TO ENRICH AND EMPOWER THE INDIVIDUAL'S ATTAINMENT OF OUTSTANDING EDUCATIONAL EXPERIENCES, PROFESSIONAL ACCOMPLISHMENTS, AND LIFETIME EXPERIENCES TO ADDRESS SOCIETY'S NEEDS THROUGH TECHNOLOGY. false false 3312853 3312853 PROVIDE SCHOLARSHIPS AND FELLOWSHIPS TO STUDENTS ATTENDING SOUTH DAKOTA SCHOOL OF MINES AND TECHNOLOGY (SDSM&T). SCHOLARSHIP RECIPIENTS ARE SELECTED BY THE SDSM&T SCHOLARSHIP COMMITTEE. PRIZES AND AWARDS ARE GIVEN TO STUDENTS, FACULTY, AND STAFF ACCORDING TO SPECIFIC AWARD CRITERIA. 1898478 1898478 493352 GENERAL SUPPORT TO SDSM&T, ITS DEPARTMENTS, AND ITS STUDENTS. 5211331 true true false false false true false false true true true true false false true true true true false false false false false true true false false true false true false false false false false true true false true false false false true true true false false false true 30 0 18 true false false false false false true true false false false false false false X 28 28 true true false false false false false true true false false false true true true true false true true false X LANA THOM 6053946660 330 EAST KANSAS CITY ST SUITE 200 RAPID CITY SD 57701 SHERWIND ARTUS TRUSTEE 1.00 X 0 0 0 GAURDIE BANISTER MEMBER AT LA 1.00 X X 0 0 0 CAROLS BEATTY JR TRUSTEE 1.00 X 0 0 0 CLIFFORD BIENERT TRUSTEE 1.00 X 0 0 0 JULIE CARVER 2ND VICE CHA 1.00 X X 0 0 0 ED CORWIN TRUSTEE 1.00 X 0 0 0 GARY DIRKS TRUSTEE 1.00 X 0 0 0 DANIEL DOLAN TRUSTEE 1.00 X 0 0 0 JAMES GREEN TREASURER 1.00 X X 0 0 0 KRISTI HAFNER MEMBER AT LA 1.00 X X 0 0 0 SEAN HAYES TRUSTEE 1.00 X 0 0 0 DANIEL HIMELSPACH TRUSTEE 1.00 X 0 0 0 GREG HINTGEN MEMBER AT LA 1.00 X X 0 0 0 JEANE HULL TRUSTEE 1.00 X 0 0 0 JOHN HULL TRUSTEE 1.00 X 0 0 0 WALTER JONES MEMBER AT LA 1.00 X X 0 0 0 LYNN KADING SECRETARY 1.00 X X 0 0 0 SCOTT KENNER TRUSTEE 1.00 X 0 0 0 TODD KENNER CHAIR 1.00 X X 0 0 0 GENE LEBRUN TRUSTEE 1.00 X 0 0 0 DAVID LUST MEMBER AT LA 1.00 X X 0 0 0 KENNETH MILLER 1ST VICE CHA 1.00 X X 0 0 0 MARLENE NELSON TRUSTEE 1.00 X 0 0 0 STEPHEN O'ROUKE MEMBER AT LA 1.00 X X 0 0 0 JERILYN ROBERTS TRUSTEE 1.00 X 0 0 0 LAWRENCE SCHMALTZ TRUSTEE 1.00 X 0 0 0 JANICE VOSIKA TRUSTEE 1.00 X 0 0 0 LISA ZACHER TRUSTEE 1.00 X 0 0 0 JOEL KINCART PRESIDENT 40.00 X 213890 0 18706 BRADLEY JOHNSON VP-PRES. DEV 40.00 X 125274 0 16813 SHARON CHONTOS INTERIM PRES 40.00 X 0 0 0 339164 35519 2 false true false 6175 10814384 1060610 10820559 CAMPUS ACTIVITIES 900099 199531 199531 ADMINISTRATIVE FEES 900099 144806 144806 SDSM&T REGISTRATION ACTIVITY 900099 40144 40144 384481 1872155 1872155 467478 358607 108871 108871 108871 30897455 29469104 1428351 1428351 1428351 20580 6175 9580 11000 11000 14625417 493352 3311506 5211331 5211331 375736 143906 231830 638874 244689 394185 48235 18474 29761 117280 44918 72362 70489 26997 43492 37208 14251 22957 71394 27344 44050 24655 9443 15212 56805 56805 87978 87978 108871 8127 100744 122845 44886 77959 17334 6639 10695 54094 24388 29706 58681 58681 14022 2548 11474 13228 13228 101555 61555 40000 12048 4614 7434 7242663 5211331 783985 1247347 254427 566165 3008415 12264690 3301296 2984184 295741 285770 313157 296475 80582 100220 9990443 1270498 4671866 8719945 64365920 63118960 14804193 13727483 4492983 459718 95588580 102523610 1042555 704515 96212 47627 336737 317028 244100 3480676 3228977 4956180 4542247 X 6951203 6484035 83681197 91497328 90632400 97981363 95588580 102523610 X 7382754 -33791 X false true X true false X 9283849 5785421 7643011 72357129 10820559 105889969 9283849 5785421 7643011 72357129 10820559 105889969 4175341 101714628 1001270 934722 1342289 2337746 1872155 7488182 26908 7646 11000 45554 113423705 3223007 0.89680 0.91600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8 19378 319669 859790 true true false true X 69924860 6731026 2192471 -1388667 -265887 77193803 65544260 2789162 3063921 -1280340 -192143 69924860 60398612 2114723 4407932 -1191723 -185284 65544260 53685144 2289211 5616013 -1082822 -108934 60398612 55291746 1316867 -1630074 -1035319 -258076 53685144 0.01200 0.91100 0.07700 true false 1475816 722482 2198298 2699398 4162466 1059864 5802000 192893 151732 41161 237961 29241 208720 469766 29661 29661 469766 8719945 GOV SEC/CORP BONDS/CD'S 6203244 F REAL ESTATE FUNDS 4861470 F PRIVATE EQUITY 1740745 F ILLIQUID CREDIT 922024 F 13727483 LIAB UNDER CHARIT. TR AND ANNUITIES 3228977 3228977 X 14513228 -33791 9580 -24211 14537439 87978 87978 14625417 7164265 9580 9580 7154685 87978 87978 7242663 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE FOUNDATION HOLDS MONIES FOR VARIOUS SDSM&T DEPARTMENTS, PROGRAMS AND ACTIVITIES. GENERALLY THIS IS ON A SHORT TERM BASIS, AT WHICH TIME, UPON PROPER AUTHORIZATION FROM THE SCHOOL, MONIES ARE RETURNED OR DISBURSED TO THE APPROPRIATE THIRD PARTY. SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS WILL PROVIDE FOR SCHOLARSHIPS AND FELLOWSHIPS, FACULTY SUPPORT, RESEARCH, STUDENT ASSISTANCE, DEPARTMENT SUPPORT TO THE SDSM&T, AND OPERATIONS OF THE FOUNDATION. SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE A "PUBLIC FOUNCATION" (RATHER THAN A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE). AT JUNE 30, 2020, THE FOUNDATION BELIEVES NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES EXIST. SCHEDULE D, PAGE 4, PART XI, LINE 2D DIRECT FUND RAISING EXP. 9,580 SCHEDULE D, PAGE 4, PART XII, LINE 2D DIRECT FUND RAISING EXP 9,580 X X X true RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 PHONATHON false 26831 -26831 RUFFALO NOEL LEVITZ PO BOX 718 DES MONES IA 50303 DIRECT MAI false 25800 -25800 52631 -52631 FILM SERIES 26755 6175 20580 9312 268 26755 6175 20580 9312 268 9580 11000 SCHEDULE G, PART IV GROSS RECEIPTS FOR BOTH PROFESSIONAL FUNDRAISING ACTIVITIES COULD NOT BE ACCURATELY TRACKED. ZERO GROSS RECEIPTS IS BEING REPORTED ON SCHEDULE G PART I. true SDSM&T 501 E ST JOSEPH STREET RAPID CITY SD 57701 466000364 GOV 3312853 SCHOLARSHIPS/FELLOWS SDSM&T 501 E ST JOSEPH STREET RAPID CITY SD 57701 466000364 GOV 1670590 19822 FMV VARIOUS GENERAL SUPPORT SDSM&T ALUMNI ASSN 501 E ST JOSEPH STREET RAPID CITY SD 57701 466015136 3 143000 GENERAL SUPPORT SDSM&T HARDROCK CLUB 501 E ST JOSEPH STREET RAPID CITY SD 57701 453134357 3 65066 GENERAL SUPPORT 4 SCHEDULE I, PAGE 1, PART I, LINE 2 THE FOUNDATION REIMBURSES SDSM&T FOR SCHOLARSHIPS AND NON-SCHOLARSHIPS. FOR SCHOLARSHIP, SDSM&T PROVIDES A LIST SHOWING RECIPIENT, AWARD, AMOUNT, AND DEGREE PROGRAM. THE FOUNDATION REVIEWS TO DETERMINE AWARD CRITERIA IS MET. NON-SCHOLARSHIP EXPENDITURES ARE EITHER REIMBURSED TO SDSM&T UPON SUBMISSION OF A DETAILED INVOICE OR PAID DIRECTLY TO THIRD PARTY VENDORS UPON SUBMISSION OF AN INVOICE AND AUTHORIZATION BY SDSM&T. PAYMENTS TO THE SDSM&T ALUMNI ASSOCIATION AND TO THE HARDROCK CLUB ARE PROVIDED TO ASSIST THEM IN MEETING THEIR OPERATING BUDGET. THEY WILL PROVIDE A REPORT OF ACTIVITIES FOR THE FISCAL YEAR INCLUDING FINANCIAL DATA. X true true X X X X X false false false true false false false true false JOEL KINCART PRESIDENT 185040 28850 9252 9454 232596 SCHEDULE J, PAGE 1, PART I, LINE 5A THE FOUNDATION HAS ESTABLISHED A BONUS PLAN. IF PRIOR YEAR GOALS ARE MET, WHICH INCLUDE CONTRIBUTION REVENUE GOALS, THE CEO MAY BE ELIGIBLE FOR A BONUS SUPPLEMENT. SCHEDULE J, PAGE 1, PART I, LINE 7 IN ADDITION TO CONTRIBUTION REVENUE GOALS IN 5 ABOVE, OTHER FACTORS TO BE CONSIDERED FOR ANY BONUS INCLUDE STEWARDSHIP, PERFORMANCE TO BUDGET, PROPERTY GOALS, PLEDGE COLLECTIONS, AND NUMBER OF DONORS. KATHRYN HOWARD FAMILY 43013 WAGES false SAGE PROJECT CONSULTANTS LLC BUSINESS 35145 CONTRACT WITH SHARON false X 5 1040788 FAIR MARKET VALUE X EQUIPMENT, SUPP 1 19822 false true false SCHEDULE M, PAGE 2, PART II SCH M, PART I, COL. B; METHOD USED IS NUMBER OF CONTRIBUTIONS. FORM 990 - ORGANIZATION'S MISSION THE SDSM&T FOUNDATION'S MISSION IS TO ASSIST THE SOUTH DAKOTA SCHOOL OF MINES AND TECHNOLOGY UNIVERSITY IN PROVIDING EXCEPTIONAL INTELLECTUAL, PROFESSIONAL, AND PERSONAL DEVELOPMENT OPPORTUNITIES. WE SEEK THE REQUIRED RESOURCES TO ENHANCE THOSE OPPORTUNITIES TO ENRICH AND EMPOWER THE INDIVIDUAL'S ATTAINMENT OF OUTSTANDING EDUCATIONAL EXPERIENCES, PROFESSIONAL ACCOMPLISHMENTS, AND LIFETIME EXPERIENCES TO ADDRESS SOCIETY'S NEEDS THROUGH TECHNOLOGY. FORM 990 STARTING JULY 1, 2020, SOUTH DAKOTA SCHOOL OF MINES AND TECHNOLOGY FOUNDATION (46-6011771) MERGED WITH SOUTH DAKOTA SCHOOL OF MINES ALUMNI (46-6015136) TO BECOME THE CENTER FOR ALUMNI RELATIONS AND ADVANCEMENT (46-6011771). FORM 990, PAGE 6, PART VI, LINE 2 JEANE HULL JOHN HULL TRUSTEE TRUSTEE FAMILY SCOTT KENNER TODD KENNER TRUSTEE TRUSTEE FAMILY WALTER JONES TODD KENNER TRUSTEE TRUSTEE BUSINESS STEPHEN O'ROURKE TODD KENNER TRUSTEE TRUSTEE BUSINESS WALTER JONES STEPHEN O'ROURKE TRUSTEE TRUSTEE BUSINESS FORM 990, PAGE 6, PART VI, LINE 3 THE FOUNDATION HIRED SHARON CHONTOS TO BE AN INTERIM PRESIDENT THROUGH HER CONSULTING COMPANY,SAGE PROJECT CONSULTANTS, LLC TO PROVIDE EXECUTIVE SERVICES FOR THE FOUNDATION. SHARON CHONTOS HAS AN OWNERSHIP STAKE IN SAGE PROJECT CONSULTANTS, LLC. SHARON CHONTOS HAD PREVIOUSLY SERVED ON THE FOUNDATION'S BOARD OF DIRECTORS, BUT RESIGNED AS SOON AS SHE ACCEPTED THE POSITION OF INTERIM PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT OF THE FOUNDATION AND THE CHAIRMAN OF THE BOARD PRIOR TO FILING. THE FORM 990 IS AVAILABLE TO THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION SURVEYS ALL TRUSTEES EACH YEAR. ANY CONFLICTS WOULD BE COMMUNICATED TO THE BOARD OF DIRECTORS. IF A CONFLICT ARISES, THE TRUSTEE MAY BE ASKED TO ABSTAIN FROM VOTING OR EVEN RELINQUISH SERVING AS A FOUNDATION TRUSTEE. FORM 990, PAGE 6, PART VI, LINE 15A A COMPENSATION COMMITTEE MADE UP OF SOME OF OUR TRUSTEES MEETS ANNUALLY TO DISCUSS THE SALARY/BENEFIT PACKAGE FOR THE CEO. THE COMMITTEE LOOKS AT COMPARABLE DATA, PERFORMANCE, FINANCIAL CONDITION, AND PRESENTS A RECOMMENDATION FOR ANY CHANGE TO THE BOARD OF TRUSTEES FOR APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15B SAME PROCESS AS CEO. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. GENERAL POLICY AND PROCEDURES ARE AVAILABLE ON OUR WEBSITE. FORM 990, PART XI, LINE 9 DIRECT FUND RAISING EXP. 9,580 DIRECT FUND RAISING EXP -9,580 CORRIDOR LLC 3012 PALMER COURT RAPID CITY SD 57702 851586741 INVESTING SD 135000 FOUNDATION TECH VENTURES INC 306 E ST JOSEPH ST STE 200 RAPID CITY SD 57701 383704015 MGMT. SD SDSM&T FDN C CORP -110 3866 1.00000 false CHARIT REMAINDER TRUSTS (24) 306 E ST JOSEPH ST STE 200 RAPID CITY SD 57701 CRT SD N/A TRUST false false false false false false false false false false false false false false true false false false false false