UNIVERSITY OF SOUTH DAKOTA FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF SOUTH DAKOTA FOUNDATION (EIN 46-6018891)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2014-10-15
- IRS object ID
- 201432899349300743
- Schema version
- 2013v3.0
- 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 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 | 2014-10-15T14:39:54-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | 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 | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 EAST 10TH ST PO BOX 5125 | AddressLine1 |
| City | SIOUX FALLS | City |
| State | SD | State |
| ZIP Code | 571175125 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | 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 | BusinessNameLine1 |
| 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 PO BOX 5555 | AddressLine1 |
| City | VERMILLION | City |
| State | SD | State |
| ZIP Code | 57069 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEVE BROWN | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 6056776703 | PhoneNum |
| Signature | 2014-10-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURIE HANSON | PreparerPersonNm |
| PTIN | P00851848 | PTIN |
| Phone | 6053391999 | PhoneNum |
| Preparation | 2014-10-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEVE BROWN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1110 N DAKOTA PO BOX 5555 | AddressLine1 |
| City | VERMILLION | City |
| State | SD | State |
| ZIP Code | 57069 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $79,329,087 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.USDFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1928 | FormationYr |
| Legal Domicile State | SD | LegalDomicileStateCd |
| Activity Or Mission | THE UNIVERSITY OF SOUTH DAKOTA FOUNDATION PROVIDES GIFTS, GRANTS, AND SCHOLARSHIPS TO OR FOR THE BENEFIT OF THE UNIVERSITY OF SOUTH DAKOTA. THESE FUNDS ARE DISBURSED TO USD STUDENTS OR DEPARTMENTS BASED ON FINANCIAL NEED, QUALIFICATIONS, AND/OR IN ACCORDANCE WITH THE DONOR'S WISHES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 68 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | $343,482 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $281,153 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $15,174,713 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,208,468 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $888,249 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,092,502 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,704,648 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,980,825 | CYInvestmentIncomeAmt |
| PY Other Revenue | $64,432 | PYOtherRevenueAmt |
| CY Other Revenue | $338,534 | CYOtherRevenueAmt |
| PY Total Revenue | $21,832,042 | PYTotalRevenueAmt |
| CY Total Revenue | $23,620,329 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,283,505 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,368,440 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,291,451 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,902,398 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,396,202 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,232,148 | PYOtherExpensesAmt |
| CY Other Expenses | $2,593,339 | CYOtherExpensesAmt |
| PY Total Expenses | $15,807,104 | PYTotalExpensesAmt |
| CY Total Expenses | $16,864,177 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,024,938 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,756,152 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $218,096,830 | TotalAssetsBOYAmt |
| Total Assets EOY | $251,595,767 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $12,629,190 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,847,140 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $205,467,640 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $237,748,627 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE UNIVERSITY OF SOUTH DAKOTA FOUNDATION IS 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 | $6,467,077 | ExpenseAmt |
| Grant | $6,467,077 | GrantAmt |
| Desc | PROVIDE SCHOLARSHIP FUNDS TO INCREASE THE ACADEMIC EXCELLENCE OF THE STUDENT BODY AND THE QUALITY OF THEIR EDUCATIONAL EXPERIENCE. DURING THE FISCAL YEAR ENDED JUNE 30, 2014, THE UNIVERSITY OF SOUTH DAKOTA FOUNDATION ("FOUNDATION") PROVIDED $11,340,360 MONETARY SUPPORT TO THE UNIVERSITY OF SOUTH DAKOTA ("USD"), PLUS $99,813 TO SUPPORT FUNDRAISING EXPENSES OF USD'S DEAN. INCLUDED IN THIS AMOUNT WAS SCHOLARSHIP SUPPORT IN THE AMOUNT OF $6.4 MILLION. SCHOLARSHIPS ARE AWARDED FOR BOTH RECRUITING AND RETENTION PURPOSES. A NEW FRESHMAN RECRUITING SCHOLARSHIP PROGRAM WAS STARTED IN 2003 THAT HAS BEEN INSTRUMENTAL IN HELPING TO ACCOMPLISH USD'S ENROLLMENT OBJECTIVES. THE AMOUNT OF SCHOLARSHIPS PROVIDED SINCE THIS NEW PROGRAM BEGAN HAS INCREASED FROM $1.9 MILLION TO $6.4 MILLION. ENROLLMENT INCREASED 27% SINCE 2003, WITH FIRST TIME FULL TIME FRESHMAN INCREASING BY 19%. THE NUMBER OF FRESHMAN FITTING THE ACT REQUIREMENTS TO RECEIVE THE SCHOLARSHIP INCREASED 27% DURING THIS PERIOD OF TIME. THE RETENTION RATE ALSO CONTINUES TO INCREASE AS A RESULT OF THE FRESHMAN SCHOLARSHIP PROGRAM. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,191,290 | ExpenseAmt |
| Grant | $2,191,290 | 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. DURING THE FISCAL YEAR ENDED JUNE 30, 2014 $2.2 MILLION WAS PROVIDED TO USD FOR THIS PURPOSE. SINCE 1996, ALMOST $53 MILLION HAS BEEN PROVIDED FOR FACILITIES THAT HAVE ENHANCED THE STUDENTS EDUCATIONAL EXPERIENCE AND OPPORTUNITIES AND HAVE RESULTED IN A NEW HEALTH SCIENCE INFORMATION CENTER BUILDING, THE RENOVATION OF A CHILDCARE FACILITY, REPLACEMENT OF THE DAKOTA DOME ROOF, RENOVATION OF A TECHNOLOGICAL STATE OF THE ART ALLEN H. NEUHARTH CENTER FOR COMMUNICATIONS AND JOURNALISM, RENOVATION OF TWO HISTORICAL BUILDINGS - OLD MAIN AND BELBAS CENTER - TO BE USED FOR CLASSROOMS AND STUDENT SERVICES, RENOVATION OF AALFS AUDITORIUM TO BE USED FOR MAJOR EVENTS AND PROGRAMS, RENOVATION OF THE LEE MEDICAL SCHOOL BUILDING, CONSTRUCTION OF THE MUENSTER UNIVERSITY CENTER - STUDENT CENTER, AND CONSTRUCTION OF A NEW BEACOM SCHOOL OF BUSINESS BUILDING. FUNDRAISING AND CONSTRUCTION PLANNING HAS BEGUN FOR NEW ATHLETIC FACILITIES AND RENOVATION OF THE NATIONAL MUSIC MUSEUM FACILITIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,710,073 | ExpenseAmt |
| Grant | $2,710,073 | GrantAmt |
| Revenue | $1,099,568 | RevenueAmt |
| Desc | PROVIDE FUNDS FOR SALARY AUGMENTATION AND OTHER SUPPORT OF ACADEMIC FACULTY, AND FUNDS TO SUPPORT USD MUSEUMS AND VARIOUS OTHER AUXILIARY PROGRAMS. DURING THE FISCAL YEAR ENDED JUNE 30, 2014, THE FOUNDATION PROVIDED $2.7 MILLION TO USD TO SUPPORT OPERATIONS AND PROGRAMS. INCLUDED IN THIS TOTAL WAS $1.2 MILLION PROVIDED FOR FACULTY IN THE FORM OF SALARY AUGMENTATION, TRAVEL, PROFESSIONAL DEVELOPMENT AND RESEARCH. SUPPORT TO STUDENTS FOR TRAVEL, ASSISTANTSHIPS, INTERNSHIPS, RESEARCH, ETC WAS PROVIDED IN THE AMOUNT OF $528 THOUSAND. LECTURES, PROGRAMS AND OPERATIONAL SUPPORT BENEFITED BY $1 MILLION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $11,368,440 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | 0 | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 54 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 68 | 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 | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | 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 | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| 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 | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | 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 | OK | 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 | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAREN DAVIES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6056776709 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | USD FOUNDATION PO BOX 5555 | AddressLine1 |
| City | VERMILLION | City |
| State | SD | State |
| ZIP Code | 57069 | ZIPCode |
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 |
|---|---|---|---|---|---|---|---|
| DANIEL J KELLY | |||||||
| CHAIR | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DOYLE KNUDSON | |||||||
| PAST CHAIR | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LORRAINE HART | |||||||
| CHAIR-ELECT | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| VERN O HOLTER | |||||||
| TREASURER/SECRETARY | 0.70 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GARY BEGEMAN | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL CASEY | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY CLEBERG | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| DAVID CULLEN | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| GARY ELLIS | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES FULLERTON | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| NANCY A GALLAGHER | |||||||
| BOARD OF DIRECTORS | 0.70 | Yes (X) | $0 | $0 | $0 | ||
| JOHN GRUNDHOFER | |||||||
| BOARD OF DIRECTORS | 0.70 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS L HEINZ | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| JARED HIGMAN | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT HOLLINGSWORTH | |||||||
| BOARD OF DIRECTORS | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| BOYD HOPKINS | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| ELLENGRAY KENNEDY | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| PAUL J LEWIS | |||||||
| BOARD OF DIRECTORS | 0.70 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL MEYER | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| DAVID OLSON | |||||||
| BOARD OF DIRECTORS | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| STEVE PFEIFFER | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| JEANNETTE PORTER | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY SVEEN | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| CATHLEEN TOBIN | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM WITTRIG | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| MARLON YOUNG | |||||||
| BOARD OF DIRECTORS | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| LARRY HARTOG | |||||||
| BOARD OF DIRECTORS TIL OCT 13 | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| WARREN L PROSTROLLO | |||||||
| BOARD OF DIRECTORS TIL OCT 13 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| JOHN LILLIBRIDGE | |||||||
| BOARD OF DIRECTORS TIL OCT 13 | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| STEVE BROWN | |||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | $189,035 | $0 | $35,818 | ||
| KAREN DAVIES | |||||||
| CFO/VICE PRESIDENT | 40.00 | Yes (X) | $126,049 | $0 | $17,738 | ||
| MICHAEL MAGOON | |||||||
| SR. DIRECTOR OF PRINCIPAL GIFTS | 40.00 | $119,321 | $0 | $15,687 | Yes (X) | ||
| EDGAR STOREY | |||||||
| SR DIRECTOR OF DEVELOPMENT | 40.00 | $107,210 | $0 | $11,736 | Yes (X) | ||
| FIELD GLOVER | |||||||
| COO/VICE PRESIDENT | 40.00 | $110,677 | $0 | $15,421 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $652,292 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $96,400 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ADAGE CAPITAL PARTNERS | |||||
| 200 CLARENDON STREET | BOSTON | MA | 02116 | INVESTMENT MANAGEMENT FEES | $467,492 |
| BENTZ WHALEY FLESSNER & ASSOCIATES INC | |||||
| 7251 OHMS LANE | MINNEAPOLIS | MN | 55439 | ADVISORY SERVICES | $204,570 |
| BLACKSTONE GROUP | |||||
| 345 PARK AVE 32ND FLOOR | NEW YORK | NY | 10154 | INVESTMENT MANAGEMENT FEES | $168,679 |
| RUFFALO CODY LLC | |||||
| 65 KIRKWOOD NORTH RD SW | CEDAR RAPIDS | IA | 52406 | PHONE CENTER MANAGEMENT | $109,392 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $13,208,468 | AllOtherContributionsAmt |
| Noncash Contributions | $1,660,522 | NoncashContributionsAmt |
| Total Contributions | $13,208,468 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE FEES | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $1,092,502 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,092,502 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,092,502 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,109,030 | TotalRevenueColumnAmt |
| Exclusion | $3,109,030 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,060 | RealAmt |
| Personal | $1,066 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,074 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$6,014 | RealAmt |
| Personal | $1,066 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$4,948 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,066 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$6,014 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $60,915,479 | SecuritiesAmt |
| Other | $648,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,039,441 | SecuritiesAmt |
| Other | $652,243 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,876,038 | SecuritiesAmt |
| Other | -$4,243 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,871,795 | TotalRevenueColumnAmt |
| Exclusion | $5,871,795 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BLACKSTONE INVESTMENTS | Desc |
| Business | 531390 | BusinessCd |
| Total Revenue Column | $343,482 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $343,482 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $343,482 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,620,329 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,093,568 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $343,482 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,974,811 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,368,440 | TotalAmt |
| Program Services | $11,368,440 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $436,707 | TotalAmt |
| Management And General | $324,792 | ManagementAndGeneralAmt |
| Fundraising | $111,915 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,972,371 | TotalAmt |
| Management And General | $991,148 | ManagementAndGeneralAmt |
| Fundraising | $981,223 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,384 | TotalAmt |
| Management And General | $34,185 | ManagementAndGeneralAmt |
| Fundraising | $34,199 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $280,535 | TotalAmt |
| Management And General | $165,563 | ManagementAndGeneralAmt |
| Fundraising | $114,972 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,401 | TotalAmt |
| Management And General | $73,665 | ManagementAndGeneralAmt |
| Fundraising | $70,736 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,537 | TotalAmt |
| Management And General | $12,044 | ManagementAndGeneralAmt |
| Fundraising | $2,493 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,823 | TotalAmt |
| Management And General | $36,823 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $617,947 | TotalAmt |
| Management And General | $617,947 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $244,893 | TotalAmt |
| Management And General | $96,550 | ManagementAndGeneralAmt |
| Fundraising | $148,343 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,602 | TotalAmt |
| Management And General | $63,278 | ManagementAndGeneralAmt |
| Fundraising | $15,324 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,929 | TotalAmt |
| Management And General | $69,470 | ManagementAndGeneralAmt |
| Fundraising | $20,459 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,046 | TotalAmt |
| Management And General | $148,519 | ManagementAndGeneralAmt |
| Fundraising | $13,527 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,003 | TotalAmt |
| Management And General | $66,479 | ManagementAndGeneralAmt |
| Fundraising | $74,524 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $394,906 | TotalAmt |
| Management And General | $40,258 | ManagementAndGeneralAmt |
| Fundraising | $354,648 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,964 | TotalAmt |
| Management And General | $117,063 | ManagementAndGeneralAmt |
| Fundraising | $22,901 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,417 | TotalAmt |
| Management And General | $67,450 | ManagementAndGeneralAmt |
| Fundraising | $44,967 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,622 | TotalAmt |
| Management And General | $15,138 | ManagementAndGeneralAmt |
| Fundraising | $3,484 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ANNUAL GIVING | $287,560 | $287,560 | |
| UBIT | $142,250 | $142,250 | |
| EVENTS AND STEWARDSHIP | $44,911 | $29,987 | $14,924 |
| PLANNED GIVING | $43,212 | $43,212 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,717 | TotalAmt |
| Management And General | $1,989 | ManagementAndGeneralAmt |
| Fundraising | $21,728 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,864,177 | TotalAmt |
| Program Services | $11,368,440 | ProgramServicesAmt |
| Management And General | $3,099,535 | ManagementAndGeneralAmt |
| Fundraising | $2,396,202 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,466,994 | BOYAmt |
| EOY | $17,066,860 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,838,011 | BOYAmt |
| EOY | $16,118,580 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $215,868 | BOYAmt |
| EOY | $197,205 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,972,964 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,088,670 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $958,341 | BOYAmt |
| EOY | $884,294 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,630,198 | BOYAmt |
| EOY | $182,630,208 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,691,941 | BOYAmt |
| EOY | $33,081,339 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,295,477 | BOYAmt |
| EOY | $1,617,281 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $218,096,830 | BOYAmt |
| EOY | $251,595,767 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $301,754 | BOYAmt |
| EOY | $387,673 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,327,436 | BOYAmt |
| EOY | $13,459,467 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,629,190 | BOYAmt |
| EOY | $13,847,140 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,142,106 | BOYAmt |
| EOY | $7,003,660 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,117,688 | BOYAmt |
| EOY | $97,294,370 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,207,846 | BOYAmt |
| EOY | $133,450,597 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,467,640 | BOYAmt |
| EOY | $237,748,627 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $218,096,830 | BOYAmt |
| EOY | $251,595,767 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,756,152 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $24,928,847 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $595,988 | 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 | $9,504,372 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,946,401 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,544,431 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,174,713 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,208,468 | CurrentTaxYearAmt |
| Total | $61,378,385 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,504,372 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,946,401 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,544,431 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,174,713 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,208,468 | CurrentTaxYearAmt |
| Total | $61,378,385 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $153,516 | SubstantialContributorsTotAmt |
| Public Support Total170 | $61,224,869 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,749,868 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,348,656 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,700,296 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,938,392 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,121,156 | CurrentTaxYearAmt |
| Total | $17,858,368 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $60,714 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $66,665 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $71,423 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $107,481 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $281,153 | CurrentTaxYearAmt |
| Total | $587,436 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $79,824,189 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,898,960 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.76700 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75590 | 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 D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $19,425 | RevenuesIncludedAmt |
| Assets Included | $0 | AssetsIncludedAmt |
| 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 |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | SEE PART XIII | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $182,335,563 | BeginningYearBalanceAmt |
| Contributions | $4,246,168 | ContributionsAmt |
| Investment Earnings Or Losses | $35,416,857 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,932,811 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,783,140 | OtherExpendituresAmt |
| Administrative Expenses | $4,077,139 | AdministrativeExpensesAmt |
| End Year Balance | $210,205,498 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $163,614,930 | BeginningYearBalanceAmt |
| Contributions | $5,752,008 | ContributionsAmt |
| Investment Earnings Or Losses | $23,243,031 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,923,558 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,623,877 | OtherExpendituresAmt |
| Administrative Expenses | $3,726,971 | AdministrativeExpensesAmt |
| End Year Balance | $182,335,563 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $164,095,354 | BeginningYearBalanceAmt |
| Contributions | $4,382,943 | ContributionsAmt |
| Investment Earnings Or Losses | $4,471,306 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,541,579 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,576,744 | OtherExpendituresAmt |
| Administrative Expenses | $3,216,350 | AdministrativeExpensesAmt |
| End Year Balance | $163,614,930 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $135,462,712 | BeginningYearBalanceAmt |
| Contributions | $9,929,241 | ContributionsAmt |
| Investment Earnings Or Losses | $32,303,544 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,778,069 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,018,981 | OtherExpendituresAmt |
| Administrative Expenses | $2,803,093 | AdministrativeExpensesAmt |
| End Year Balance | $164,095,354 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $126,164,972 | BeginningYearBalanceAmt |
| Contributions | $5,602,676 | ContributionsAmt |
| Investment Earnings Or Losses | $14,276,761 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,721,596 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,126,457 | OtherExpendituresAmt |
| Administrative Expenses | $2,733,645 | AdministrativeExpensesAmt |
| End Year Balance | $135,462,711 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00980 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.63490 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.35530 | 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 | $1,241,398 | OtherCostOrOtherBasisAmt |
| Depreciation | $606,042 | DepreciationAmt |
| Book Value | $635,356 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $630,865 | OtherCostOrOtherBasisAmt |
| Depreciation | $482,628 | DepreciationAmt |
| Book Value | $148,237 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $884,294 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PIMCO TOTAL RETURN | $17,769,885 | F |
| REAL ESTATE PARTNERSHIPS | $13,569,628 | F |
| BLACKSTONE EQUITY GROUP | $1,695,326 | F |
| GS COMMODITY STRATEGY FD INST | $23,502 | F |
| PIMCO COMMODITY RELA RETURN STRATEGY | $22,998 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $33,081,339 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| INVESTMENTS HELD FOR OTHERS | $11,204,128 |
| GIFT ANNUITIES AND LIFE INCOME AGREEMENTS | $2,255,339 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $13,459,467 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $49,153,450 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $24,928,847 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $604,274 | OtherRevenueAmt |
| Revenue Not Reported | $25,533,121 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,620,329 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,620,329 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,872,463 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $8,286 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $8,286 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,864,177 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $16,864,177 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 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 INTERNAL REVENUE SERVICE (IRS) HAS RULED THAT THE ORGANIZATION IS A PUBLICLY SUPPORTED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION FILES AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS TO REPORT ITS UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE ORGANIZATION IS SUBJECT TO TAX FILINGS REQUIRED BY VARIOUS STATE TAX AUTHORITIES. THE LLC AND LLC2 ARE SINGLE MEMBER LLC'S, THUS CONSIDERED BY THE IRS TO BE DISREGARDED ENTITIES THAT ARE NOT SUBJECT TO SEPARATE FILING REQUIREMENTS. 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. THE ORGANIZATION'S FORM 990-T AND OTHER INCOME TAX FILINGS REQUIRED BY STATE TAX AUTHORITIES ARE NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS BEFORE 2008. DURING NOVEMBER 2011, THE ORGANIZATION FILED AN AMENDED FORM 990-T FOR THE YEARS ENDED JUNE 30, 2008 THROUGH JUNE 30, 2011. AS SUCH, TAX YEARS 2007 - 2010 ARE SUBJECT TO TAX EXAMINATIONS UNTIL NOVEMBER 2014. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES INCLUDED WITH RENTAL INCOME 8,286. CHANGE IN ANNUITIES AND DEFERRED GIFTS 595,988. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES INCLUDED WITH RENTAL INCOME 8,286. |
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 | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $31,487 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $31,487 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $31,487 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | 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 IV, LINE 1 | THE UNIVERSITY OF SOUTH DAKOTA INDIRECTLY MADE TRANSFERS OF ASSETS TO FOREIGN CORPORATIONS VIA THE INVESTMENT IN VARIOUS PARTNERSHIPS. HOWEVER, THE INCOMES FROM THE INVESTMENTS DID NOT GENERATE UNRELATED BUSINESS INCOME, THEREFORE, THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 926. |
| FORM 990, SCHEDULE F, PART IV, LINE 5 | THE UNIVERSITY OF SOUTH DAKOTA IS INDIRECTLY CONSIDERED A CATERGORY 3 FILER THROUGH ITS DIRECT AND CONSTRUCTIVE OWNERSHIP INTEREST IN VARIOUS FOREIGN PARTNERSHIPS. HOWEVER, THE ORGANIZATION DID NOT OWN AT LEAST A 10% INTEREST IN ANY OF THE FOREIGN PARTNERSHIPS IMMEDIATELY AFTER THE CONTRIBUTION, AND THE VALUE OF THE PROPERTY CONTRIBUTED DID NOT EXCEED $100,000 TO ANY OF THESE ENTITIES DURING THE REPORTING PERIOD. THEREFORE, THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 8865. |
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 |
| 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 CODY LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 KIRKWOOD NORTH RD SW | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 52406 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | PHONE CENTER MANAGER | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $377,171 | GrossReceiptsAmt |
| Retained By Contractor | $218,288 | RetainedByContractorAmt |
| Net To Organization | $377,171 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $377,171 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $218,288 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $377,171 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | 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 | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | 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 | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF SOUTH DAKOTA | ||||||||||
| 414 EAST CLARK STREET | VERMILLION | SD | 57069 | 466000364 | 501(C)(3) | $11,063,619 | $66,270 | EXPERT OPINION, SELLING PRICE | TRANSFER NONCASH GIFTS MADE TO USDF FOR THE BENEFIT OF USD. | SCHOLARSHIPS, BUILDING, FACILITIES, OPERATIONAL AND PROGRAM SUPPORT |
| SOUTH DAKOTA MEDICAL SCHOOL ENDOWMENT ASSOCIATION | ||||||||||
| 2600 W 49TH STREET | SIOUX FALLS | SD | 57105 | 466012680 | 501(C)(3) | $26,863 | STUDENT LOANS | |||
| SOUTH DAKOTA STATE UNIVERSITY | ||||||||||
| PO BOX 2201 | BROOKINGS | SD | 57007 | 466000364 | 501(C)(3) | $13,000 | SCHOLARSHIPS | |||
| THE FUND FOR ADVANCEMENT OF MEDICAL EDUCATION AND RESEARCH | ||||||||||
| 1400 WEST 22ND ST | SIOUX FALLS | SD | 57105 | 363432018 | 501(C)(3) | $28,642 | OPERATIONAL AND PROGRAM | |||
| SANFORD SCHOOL OF MEDICINE USD RESIDENCY CORPORATION | ||||||||||
| 1400 WEST 22ND ST | SIOUX FALLS | SD | 57105 | 460418678 | 501(C)(3) | $152,811 | OPERATIONAL AND PROGRAM | |||
| BLACK HILLS PLAYHOUSE | ||||||||||
| PO BOX 2513 | RAPID CITY | SD | 57709 | 460215866 | 501(C)(3) | $7,235 | SCHOLARSHIPS, BUILDING & EQUIPMENT | |||
| VERMILLION CHAMBER & DEVELOPMENT CO | ||||||||||
| 116 MARKET STREET STE 103 | VERMILLION | SD | 57069 | 460284795 | 501(C)(4) | $10,000 | OPERATIONAL & PROGRAM | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | 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 UNIVERSITY OF SOUTH DAKOTA FOUNDATION ACCEPTS GIFTS AND MANAGES PAYMENTS FOR THE PURPOSES SET FORTH BY THE DONORS. THE FOUNDATION INFORMS THE UNIVERSITY OF SOUTH DAKOTA (USD) HOW MUCH IS AVAILABLE FOR EXPENDITURE AND WHAT THE CRITERIA ARE FOR THEIR USE (I.E. SCHOLARSHIP CRITERIA, RESEARCH CRITERIA, STUDENT OR FACULTY SUPPORT CRITERIA, ETC). USD MAKES THE DETERMINATION OF WHO THE SPECIFIC RECIPIENT WILL BE FOR THESE FUNDS, IN ACCORDANCE WITH THE CRITERIA, AND REQUESTS THE FOUNDATION TO ISSUE PAYMENT FOR THESE PURPOSES. BEFORE PAYMENT IS MADE, THE FOUNDATION VERIFIES THAT THE REQUESTED PAYMENT IS AN APPROPRIATE USE OF THE FUNDS AND THAT THE USD REPRESENTATIVE MAKING THE REQUEST IS AUTHORIZED TO DO SO. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEVE BROWN | PersonNm |
| Title | PRESIDENT AND CEO | TitleTxt |
| Base Compensation Filing Org | $181,095 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $7,940 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $10,925 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $25,959 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $225,919 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | COO IS PROVIDED AN ALLOWANCE EACH MONTH FOR THE BUSINESS USE OF HIS PERSONAL CAR. |
| PART I, LINE 1B |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BETSY RICE | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | EMPLOYEE, SPOUSE OF CHET GROSECLOSE (FORMER DIRECTOR) | RelationshipDescriptionTxt |
| Transaction | $42,187 | TransactionAmt |
| Transaction | WAGES | 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 | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $19,425 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | EXPERT OPINION | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $4,446 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | EXPERT OPINION | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 57 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,299,982 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG OF HIGH & LOW MKT PR | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $72,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISED VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | LIFE INSURANC | 1 | $207,460 | CASH SURRENDER VALUE |
| Yes (X) | OTHER EQUIPME | 4 | $42,399 | SELLING/COMPARABLE P |
| Yes (X) | MISC & AUCTIO | 4 | $13,610 | SELLING/COMPARABLE P |
| Yes (X) | CROPS | 1 | $1,200 | MARKET PRICE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 4 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | A REAL ESTATE AGENT WAS HIRED AND USED TO SELL THE LEMARS PROPERTY WHICH WAS RECEIVED AS A GIFT. RUFFALO CODY LLC WAS HIRED TO MANAGE THE ANNUAL PHONE SOLICITATION PROGRAM. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, CHAIR-ELECT, PAST-CHAIR AND TWO ELECTED MEMBERS. THE EXECUTIVE COMMITTEE HAS BROAD AUTHORITY TO ACT ON BEHALF OF THE BOARD. 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. THE BOARD OF TRUSTEES APPROVES APPOINTMENTS TO THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE CFO REVIEWS THE 990 IN DETAIL. AFTER HER REVIEW, THE 990 IS PROVIDED TO EACH BOARD MEMBER. IF THE 990 IS READY BY THE DAKOTA DAYS MEETING IN OCTOBER, IT WILL BE PRESENTED TO THE GOVERNING BOARD AT THAT TIME. APPROVAL WILL BE SOUGHT AT THAT MEETING. IF THE 990 IS NOT READY BY THAT TIME, IT WILL BE EMAILED TO THE GOVERNING BODY AND THEY WILL BE REQUIRED TO RESPOND WITH THEIR APPROVAL. THE 990 WILL NOT BE FILED UNTIL BOARD APPROVAL IS ATTAINED. |
| FORM 990, PART VI, SECTION B, LINE 12C | NEW BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT UPON APPOINTMENT. OTHER BOARD MEMBERS 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. THIS PROCEDURE COVERS ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES, EMPLOYEE-OFFICERS AND KEY STAFF MEMBERS. THE STATEMENTS ARE REVIEWED BY THE DIRECTOR OF ADMINISTRATION AND THE CFO. 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 15 | THE EXECUTIVE BOARD SERVES AS THE PERSONNEL COMMITTEE. COMPENSATION AND BENEFITS FOR THE CEO ARE DETERMINED BY THIS COMMITTEE. 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. UPON HIRE, THE COMMITTEE ENTERS INTO AN EMPLOYMENT CONTRACT WITH THE PERSON CHOSEN FOR THE CEO POSITION. COMPENSATION FOR THE CFO IS RECOMMENDED TO THE EXECUTIVE BOARD BY THE CEO. THE EXECUTIVE BOARD APPROVES ALL COMPENSATION LEVELS AND WAGE ADJUSTMENTS. ACTIONS ARE DOCUMENTED IN THE MINUTES. THE PROCESS WAS LAST UNDERTAKEN IN MAY 2014. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE. ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN GIFT ANNUITIES & DEFERRED GIFTS 595,988. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| USDF LLC | |||||||||
| 1110 N DAKOTA PO BOX 5555 | VERMILLION | SD | 57069 | 466018891 | HOLD AND MANAGE REAL ESTATE FOR FOUNDATION | SD | -$16,091 | $320,033 | UNIVERSITY OF SOUTH DAKOTA FOUNDATION |
| USDF2 LLC | |||||||||
| 1110 N DAKOTA PO BOX 5555 | VERMILLION | SD | 57069 | 466018891 | HOLD AND MANAGE AIRPLANE FOR FOUNDATION | SD | $102,256 | $1,127,896 | 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 (15) | ||||
| CRT | SD | N/A | T | Yes (1) |
| CHARITABLE LEAD TRUSTS (1) | ||||
| 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 | Yes (1) | 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 | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $1,063,824 | InvolvedAmt |
| Method Of Amount Determination | CASH | MethodOfAmountDeterminationTxt |
Comments