2012-10-29T12:14:02-07:00 2011-12-31 990 2011-01-01 460398115 SOUTH DAKOTA COMMUNITY FOUNDATION SOUT 6052241025 PO Box 296 Pierre SD 57501 Bob Sutton 6052241025 2012-10-29 2011 2016-02-24 21:20:13Z BOB SUTTON PO BOX 296 PIERRE SD 57501 99208595 0 X WWW.SDCOMMUNITYFOUNDATION.ORG X 1987 SD RECEIVE AND ADMINISTER GIFTS FOR CHARITABLE, BENEVOLENT, HUMAN SERVICES, ENVIRONMENTAL, CULTURAL, RELIGIOUS, CIVIC, HEALTH, SCIENTIFIC, EDUCATIONAL, AND ECONOMIC DEVELOPMENT PURPOSES, PRIMARILY IN OR FOR THE BENEFIT OF SOUTH DAKOTA. 22 22 8 25 0 0 8921159 8569763 220423 215889 1588967 4887846 46141 17190 10776690 13690688 4168560 4230715 0 557671 649461 0 261346 355486 336864 5081717 5217040 5694973 8473648 132391151 128325460 51483796 48861977 80907355 79463483 SEE PART 1, LINE 1. 0 0 3474093 3474093 0 PROVIDES GRANTS TO NONPROFIT AND CHARITABLE ORGANIZATIONS ACROSS THE STATE IN SUPPORT OF ECONOMIC DEVELOPMENT, HUMAN SERVICES, HEALTH, EDUCATION, AND CULTURAL PROGRAMS. 541459 541459 0 COMMUNITY ACTION-WORK WITH OVER 60 COMMUNITIES ACROSS THE STATE. THESE COMMUNITIES RANGE IN POPULATION FROM 200 TO OVER 30,000 AND GRANTS ARE AWARDED TO SUPPORT NONPROFIT AND CHARITABLE CAUSES THAT ENABLE THE FOUNDATION TO DIRECTLY EFFECT NECESSARY CHANGE AS DETERMINED BY LOCAL LEADERS IN OVER 60 COMMUNITIES. 215163 215163 0 SCHOLARSHIP PROGRAM-MAINTAINS OVER 100 SCHOLARSHIP FUNDS TARGETING SOUTH DAKOTA SCHOOLS FOR THE BENEFIT OF HIGH SCHOOL GRADUATES ACROSS THE STATE. THE FOUNDATION WORKS WITH DONORS WHO WANT TO IMPROVE ACCESS FOR SOUTH DAKOTA'S YOUTH TO OBTAIN HIGHER EDUCATION. THROUGH THESE SCHOLARSHIPS, HUNDREDS OF STUDENTS RECEIVE FINANCIAL ASSISTANCE FOR HIGHER EDUCATION. 0 0 215889 Other program services, administrative fees as program service revenues 0 0 215889 4230715 1 1 0 0 0 1 0 0 1 1 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 16 0 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SD X Clay Cudmore 6052241025 1714 N Lincoln Ave Pierre SD 57501 Al Kurtenbach 1 X 0 0 0 Jim Hart 1 X 0 0 0 Tom Sannes 1 X 0 0 0 Ann Sigelman 1 X 0 0 0 Patricia Adam 1 X 0 0 0 Steve Myers 1 X 0 0 0 Donna Christen 1 X 0 0 0 Blake Hoffman 1 X 0 0 0 David Anderson 1 X 0 0 0 Jeff Erickson 1 X 0 0 0 Thomas Shortbull 1 X 0 0 0 John Porter 1 X 0 0 0 Janet Cronin 1 X 0 0 0 Peg Seljeskog 1 X 0 0 0 Curt Wischmeier 1 X 0 0 0 Beth Benning 1 X 0 0 0 Bruce Brandner 1 X 0 0 0 Norbert Sebade 1 X 0 0 0 Charles Riter 1 X 0 0 0 Trudy Morgan 1 X 0 0 0 Anita Nachtigal 1 X 0 0 0 Barry Grossenburg 1 X 0 0 0 Bob Sutton 40 X 175780 0 27175 Stephanie Judson 40 X 109142 0 16710 284922 0 43885 2 0 1 0 0 0 0 0 0 0 8569763 365525 8569763 Other Admin fees 523920 215889 215889 0 0 0 0 0 0 215889 1600016 0 0 1600016 0 0 0 0 0 0 0 0 0 0 88805737 0 85517907 0 3287830 0 3287830 0 0 3287830 0 Miscellaneous/Change in CSV/Value of Split interest 900099 17190 0 0 17190 0 0 0 0 17190 13690688 215889 0 4905036 4230715 4230715 284922 284922 175868 8907 166961 69502 69502 88893 88893 30276 19422 10854 2807 2807 40143 40143 10161 10161 31453 31453 29394 22045 7349 33252 24939 8313 15101 11326 3775 57014 34249 22765 50195 50195 17762 17762 Resource Development 4180 0 0 4180 Printing 22785 0 17089 5696 Dues/Fees/Subscriptions 12527 0 12527 0 Employee Training 8242 0 8242 0 1848 0 1848 0 5217040 4230715 724979 261346 3828306 4051955 6000 6000 3354573 3351948 25477 11922 1255965 176206 750126 1079759 123685254 119063416 2042 739373 760460 132391151 128325460 52561 53331 51151582 48621944 23587 10066 256066 176636 51483796 48861977 X 76986966 75832391 3920389 3631092 0 0 80907355 79463483 132391151 128325460 X 8473648 -9917520 X 0 1 1 X 0 X 13907663 7992878 12336783 8921159 8569763 51728246 13907663 7992878 12336783 8921159 8569763 51728246 10332691 41395555 8436028 1655572 2039467 2195985 1600016 15927068 -24803 7500 258795 266564 233079 741135 68396449 699567 0.60523 0.5459 X Schedule A, Part II, line 10 Other income: Includes program service revenue of administrative fees, along with changes in cash surrender value and split interest agreements, and de minimis miscellaneous revenues. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64 0 544555 0 1051325 0 12268342 0 1 1 0 1 78528429 5612520 -2839956 3568901 0 794999 76937093 66835695 6077918 8125211 2508476 0 742751 77787597 49221127 7520083 12625020 1935803 0 594733 66835694 74917945 6888398 -24035869 3012097 0 743356 54015021 0.95 0 0.05 0 0 0 55000 55000 0 924034 17326 906708 0 0 0 0 0 276931 158880 118051 0 0 0 0 1079759 Investment in mutual fund and limited partnership 119063416 F 119063416 0 Annuities payable 176636 176636 13690688 5217040 8473648 -8089302 0 0 0 -1828218 -9917520 -1443872 3495914 -8089302 0 0 0 -8089302 11585216 0 2105472 2105472 13690688 4939786 0 0 0 0 0 4939786 0 277254 277254 5217040 SchD_P04_S00_L02b Schedule D, Part IV, Line 2b The Foundation acts as an agent for donors by receiving assets under agreements in which the donor has named itself as the beneficiary. For financial statement purposes, the Foundation has recognized a liability to the donor. For income tax reporting, the Foundation records contributions received. The donors intend to deposit such funds with the Foundation and expect that certain principal and investment gain or loss will be returned. The Foundation entered into an agreement with the South Dakota Education Access Foundation (SDEAF) to manage the assets of SDEAF for a three year period ending in February 2015. During such time, the Foundation will administer, invest, and disburse funds to colleges and universities for student scholarships as overseen by the SDEAF Board. The Foundation will also assist in evaluating scholarship programs. SchD_P05_S00_L04 Schedule D, Part V, Line 4 See Form 990, Part 1, line 1. SchD_P10_S00_L02 Schedule D, Part X, Line 2 At December 31, 2011, the Foundation believes that no significant uncertain tax positions or liabilities exist. In accordance with the applicable statute of limitations, the Foundation's tax returns could be audited by the Internal Revenue Service for the years ended December 31, 2008 to 2011. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 GAAP versus income tax reporting: Agency endowment contributions $2,636,787; investment income $97,735; unrealized loss -$519,609; Administrative fees -$109,441; grant expense -$277,254; Net of all agency endowment differences $1,828,218. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b GAAP versus income tax reporting: Agency endowment contributions $2,636,787; investment income $97,735; unrealized loss -$519,609; Administrative fees -$109,441; Net of all agency endowment revenue differences $2,105,472. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b GAAP versus income tax reporting: Agency endowment grant expense -$277,254; Net of all agency endowment expense differences -$277,254. 1 Boys & Girls Club of Brookings PO Box 855 Brookings SD 57006 731630215 3 133448 Youth services Girl Scouts - Dakota Horizons 1101 S Marion Road Sioux Falls SD 57106 460250744 3 39773 Youth services High Plains Heritage Society 825 Heritage Drive Spearfish SD 57783 510142818 3 8548 Historical education SD Parks & Wildlife Foundation 900 Governors Drive Pierre SD 57501 460387968 3 14289 Outdoor management SD Heritage Fund 900 Governors Drive Pierre SD 57501 460370475 3 20760 Historical education SD Humanities Council 1215 Trail Ridge Road Suite A Brookings SD 57006 460316222 3 19895 Education Beresford Public School District 301 W Maple Beresford SD 57004 466002216 GOV 18000 Education Our Home Inc 334 3rd Street SW Huron SD 57350 237163006 3 29936 Community welfare Gregory City of PO Box 436 Gregory SD 57533 466000175 GOV 5052 Social welfare Wall City of PO Box 314 Wall SD 57790 460276000 GOV 23000 Social welfare Huron City of PO Box 1369 Huron SD 57350 466000216 GOV 707066 Social welfare Presho City of 209 N Fir Ave Presho SD 57568 466000375 GOV 13950 Social welfare Abbott House PO Box 700 Mitchell SD 57301 460229822 3 9940 Youth services Avera St Benedict Health 401 W Glynn Drive Parkston SD 57366 460226738 3 9776 Scholarships Sioux Council Boy Scouts of America 800 N West Ave North Sioux Falls SD 57105 460224599 3 16808 Youth services Anne Carlson Center for Children 701 3rd St NW Jamestown ND 58401 870694180 3 19600 Youth services Childrens Care Hospital & School PO Box 88236 Sioux Falls SD 57105 460233030 3 19955 Healthcare Crazy Horse Memorial Foundation 12151 Avenue of the Chiefs Crazy Horse SD 57730 460220678 3 184937 Historical education University of South Dakota Foundation PO Box 5555 Vermillion SD 57069 466018891 3 8852 Scholarships Greater Sturgis Lifecare Foundation 949 Harmon Street Sturgis SD 57785 412133169 3 90000 Healthcare Rapid City Regional Hospital PO Box 6000 Rapid City SD 57709 460319070 3 25000 Healthcare South Dakota State University PO Box 2201 Brookings SD 57007 466000364 3 184699 Scholarships Historic Arnolds Park PO Box 609 Arnolds Park IA 51331 421231504 3 18629 Historical education Huron University Foundation PO Box 1297 Huron SD 57350 460371097 3 77500 Scholarships Jamestown College 6088 College Lane Jamestown ND 58405 450231180 3 19620 Scholarships United Retirement Center 405 1st Ave Brookings SD 57006 460271768 3 49000 Social welfare Lifequest Foundation 804 N Mentzer St Mitchell SD 57301 363641131 3 9725 Community welfare Clallam County Historical Society PO Box 1327 Port Angeles WA 98362 916054757 3 6828 Historical education Peninsula College Foundation 1502 E Lauridsen Blvd Port Angeles WA 98362 911589749 3 15932 Scholarships Casey Tibbs Foundation PO Box 37 Ft Pierre SD 57532 460407894 3 130000 Historical education Shriners Hospital for Children PO Box 31356 Tampa FL 33631 362193608 3 9757 Healthcare Watertown Community Foundation 211 E Kemp Ave Watertown SD 57201 460350319 3 6334 Community welfare South Dakota CARES 1351 N Harrison Ave Pierre SD 57501 460227839 3 9787 Community welfare Village Family Service Center PO Box 9859 Fargo ND 58106 450226423 3 18585 Community welfare Southeast Technical Institute Foundation 2320 N Career Dr Sioux Falls SD 57107 364112897 3 18000 Scholarships University of Colorado Foundation 4740 Walnut St Boulder CO 80301 846049811 3 6000 Scholarships SD Symphony Orchestra 301 S Main 4th floor Sioux Falls SD 57104 466017026 3 35000 Arts & education Black Hills Playhouse Alumni Association 1850 Skyline Ranch Rd Rapid City SD 57701 460437084 3 10000 Arts & education Bon Homme School District 4-2 PO Box 28 Tyndall SD 57066 460311996 GOV 98915 Education Tyndall City of PO Box 29 Tyndall SD 57066 466000490 GOV 6000 Social welfare Good Samaritan Society 2304 Laurel St Tyndall SD 57066 450228055 3 10000 Healthcare Abereen Community Foundation PO Box 1560 Aberdeen SD 57402 363323233 3 31000 Community welfare Northern State University Foundation 1200 S Jay St Aberdeen SD 57401 237002314 3 24650 Scholarships Black Hills State University 1200 University Street Unit 9506 Spearfish SD 57799 237428348 3 7000 Scholarships Mitchell Area Charitable Foundation PO Box 1366 Mitchell SD 57301 460390971 3 12000 Community welfare Planned Parenthood 1200 Lagoon Ave Minneapolis MN 55408 410948382 3 40000 Social welfare Campus Crusade for Christ PO Box 628222 Orlando FL 33862 956006173 3 6000 Ministry Childrens Home Society 801 N Sycamore Sioux Falls SD 57110 460224542 3 10000 Youth services Heritage Museum of Roberts County PO Box 215 Sisseton SD 57262 460404911 3 24000 Historical education Associated School Boards of SD PO Box 1059 Pierre SD 57501 460242298 3 7160 Education Black Hills Community Loan Fund 1719 W Main St Suite 305 Rapid City SD 57702 262504959 3 7000 Social welfare Community Development Foundation 1705 Dakota Ave S Huron SD 57350 208612763 3 20000 Community welfare James Valley Housing Inc 1705 Dakota Ave S Huron SD 57350 271592497 3 15000 Community welfare Mazaska Owecaso Otipi Financial PO Box 1996 Pine Ridge SD 57770 460761743 3 7500 Community welfare The Lakota Fund PO Box 340 Kyle SD 57752 460421416 3 10000 Community welfare Verendrye Museum PO Box 665 Ft Pierre SD 57532 460314846 3 10000 Historical education Hosmer City of PO Box 1 Hosmer SD 57448 466000195 GOV 75000 Community welfare Oglala Lakota College PO Box 490 Kyle SD 57752 237135915 3 10000 Scholarships Behavior Management Systems 350 Elk St Rapid City SD 57701 460251185 3 15000 Social welfare Black Hills Playhouse PO Box 2513 Rapid City SD 57709 460215866 3 20000 Arts & education Black Hills Area Community Foundation 825 St Joseph St Rapid City SD 57701 363608635 3 10000 Community welfare Horizons of Parmalee Entities 502 Main Parmalee SD 57566 262316447 3 10000 Community welfare SD Sportsmen Against Hunger PO Box 1172 Pierre SD 57501 861145795 3 15000 Social welfare Boys & Girls Club of Capital Area PO Box 148 Pierre SD 57501 460305571 3 10000 Youth services Washington Pavilion of Arts & Sciences PO Box 984 Sioux Falls SD 57105 460435791 3 10000 Community welfare St Marys Foundation 800 E Dakota Ave Pierre SD 57501 460378424 3 76195 Community welfare SD School of Mines & Technology Foundation 501 E St Joseph St Rapid City SD 57701 466011771 3 20000 Scholarships First Baptist Church PO 321 Winner SD 57580 460354605 3 100000 Ministry YMCA of Metropolitan Minneapolis 30 S Ninth St Minneapolis MN 55410 410695629 3 15300 Social welfare NVN Country Community Action Team PO Box 296 Belle Fourche SD 57717 800337697 3 7000 Community welfare Sanford Research & USD Sanford Center 2301 E 60th St N Sioux Falls SD 57104 460450378 3 10000 Social welfare 71 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The Foundation reviews the tax status of prospective grantees utilizing Guidestar Charity Check, which integrates data from IRS Publication 78 on a continual basis. For 501c3 organizations, governmental entities, and religious organizations, verification is conducted prior to grant issuance. If the organization cannot be verified, no grant is awarded. The monitoring procedures utilized vary based on the grantee's tax status, fund type of distribution, and grant purpose. Donor advised funds can only be made to 170(B)(1)(A) organizations, or to another donor advised fund, and are done through a written recommendation with signature certifying that the purpose of the grant is only for a charitable purpose. Unrestricted grantmaking requires a due diligence form prior to receipt of the check, verifying that the proceeds will be used only for the purpose stated in the grant application. In addition, a full program evaluation is required upon completion of the program supported by the grant funds. Future grants will be denied unless the evaluation is received. Scholarship distributions are approved only after being recommended by an independent committee with predetermined criteria, with both the committee and criteria having been previously disclosed and approved by the Foundation's Board of Directors. Scholarship distributions are paid directly to the education institution. Finally, charitable organizations receiving distributions from designated funds certify that by cashing the check the grant proceeds will be used for the designated and charitable purpose. X X X 0 0 0 0 0 0 0 0 0 Bob Sutton 153000 0 25000 0 3166 0 0 0 27175 0 208341 0 0 0 X 3 140301 Stock exchange sale X 1 225224 Appraisal 1 0 1 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The audit committee reviews the 990 along with staff and preparing CPA. Copies of the return are given to the Board of Directors at the fall meeting along with a recommendation from the audit committee for approval before filing with the IRS. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Foundation has adopted a "Policy governing conflicts of interest transactions" that clearly delineates the circumstances that qualify as a conflict of interest and the procedures for disclosing such conflicts. Board members and staff are required to complete a conflict of interest form each year that requires the individual to disclose any "disqualifying relationships" with other nonprofits and/or business organizations. Board members are required to abstain from any voting that is related to any nonprofit organization or business entity with which they have indicated that they have a disqualifying relationship, and those instances are documented in the meeting's minutes. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The executive committee of the Foundation annually reviews several sources of salary data including data from the Council on Foundations and the Association of Small Foundations, before recommending compensation for the President to the full Board for approval. The President of the Foundation annually reviews several sources of salary data including data from the Council on Foundations and the Association of Small Foundations, before recommending compensation for staff to the executive committee and to the full Board for approval. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Generally not made available. F990_P11_S00_L05 Form 990, Part XI, Line 5 See the explanation for changes in net assets on Schedule D. The difference represents the difference from unrealized loss on investment $8,089,302 and $1,828,218 of amounts reprensenting differing GAAP and income tax accounting.