2012-10-10T14:02:53-05:00 2012-06-30 450250958 EIDE BAILLY LLP 200 EAST 10TH STREET PO BOX 5125 SIOUX FALLS SD 571175125 990 2011-07-01 466018891 UNIVERSITY OF SOUTH DAKOTA FOUNDATION UNIV 6056776703 1110 N DAKOTA PO BOX 5555 VERMILLION SD 57069 STEVE BROWN 6056776703 2012-10-08 1 LAURIE HANSON P00851848 6053391999 2012-10-08 2011 2016-02-24 21:20:13Z STEVE BROWN 1110 N DAKOTA PO BOX 5555 VERMILLION SD 57069 79270709 0 X WWW.USDFOUNDATION.ORG X 1928 SD 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. 24 24 100 28 71423 63637 13946401 9544431 267667 334961 4145481 4044624 74480 67063 18434029 13991079 9834756 12536538 0 0 1838274 2055159 0 0 1661173 1581250 1902451 13254280 16494148 5179749 -2503069 194726619 191013116 10668729 10595177 184057890 180417939 X THE MISSION OF THE UNIVERSITY OF SOUTH DAKOTA FOUNDATION ("FOUNDATION") IS TO PROVIDE PRIVATE RESOURCES FOR THE UNIVERSITY OF SOUTH DAKOTA ("USD"), IN ORDER TO INCREASE THE EXCELLENCE OF THE USD STUDENT'S EDUCATIONAL EXPERIENCE, WITH THE OVERRIDING GOAL OF CREATING THE BEST SMALL PUBLIC UNIVERSITY IN THE COUNTRY EMPHASIZING EXCELLENCE IN TEACHING. THE FOUNDATION WILL SUPPLEMENT THE STATE'S FUNDING TO USD PRIMARILY IN THE FOLLOWING AREAS: 1) PROVIDING SCHOLARSHIP FUNDS TO INCREASE THE ACADEMIC EXCELLENCE OF THE STUDENT BODY AND THE QUALITY OF THEIR EDUCATIONAL EXPERIENCE; 2) PROVIDING FUNDS TO CONSTRUCT NEW CAMPUS FACILITIES AND RESTORE, REPAIR AND MAINTAIN EXISTING FACILITIES; 3) PROVIDING FUNDS FOR SALARY AUGMENTATION AND OTHER SUPPORT OF THE ACADEMIC FACULTY AND FOR THE SUPPORT OF USD MUSEUMS AND OTHER VARIOUS AUXILIARY PROGRAMS, FACILITIES AND SERVICES. 0 0 5893526 5893526 2731262 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, 2012, THE UNIVERSITY OF SOUTH DAKOTA FOUNDATION ("FOUNDATION") PROVIDED $12,377,713 TO THE UNIVERSITY OF SOUTH DAKOTA ("USD"). INCLUDED IN THIS AMOUNT WAS SCHOLARSHIP SUPPORT IN THE AMOUNT OF $5.8 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 $5.8 MILLION (305% INCREASE). TOTAL ENROLLMENT INCREASED 30% SINCE 2003 AND THE NUMBER OF FRESHMAN FITTING THE ACT REQUIREMENTS TO RECEIVE THE SCHOLARSHIP INCREASED 40.5%. THE RETENTION RATE ALSO CONTINUES TO INCREASE AS A RESULT OF THE FRESHMAN SCHOLARSHIP PROGRAM. 3911136 3911136 1701437 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 OF FACILITIES AT USD. DURING THE FISCAL YEAR ENDED JUNE 30, 2012, $3.9 MILLION WAS PROVIDED TO USD FOR THIS PURPOSE. SINCE 1996, $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 SLAGLE 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. 2731876 2731876 4848492 PROVIDE FUNDS FOR SALARY AUGMENTATION AND OTHER SUPPORT OF THE ACADEMIC FACULTY, AND FUNDS TO SUPPORT USD MUSEUMS AND VARIOUS OTHER AUXILIARY PROGRAMS. DURING THE FISCAL YEAR ENDED JUNE 30, 2012, THE FOUNDATION PROVIDED $2.6 MILLION TO USD TO SUPPORT OPERATIONS AND PROGRAMS. INCLUDED IN THIS TOTAL WAS $845 THOUSAND PROVIDED FOR FACULTY, IN THE FORM OF SALARY AUGMENTATION, FACULTY TRAVEL AND PROFESSIONAL DEVELOPMENT AND RESEARCH. SUPPORT TO STUDENTS FOR TRAVEL, ASSISTANTSHIPS, INTERNSHIPS, RESEARCH, ETC WAS PROVIDED IN THE AMOUNT OF $457 THOUSAND. LECTURES, PROGRAMS AND OPERATIONAL SUPPORT BENEFITED BY $1.3 MILLION. 12536538 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 1 75 0 1 100 1 1 1 0 0 0 1 1 1 1 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 AK AZ AR CA CO IL ME MD MA MI MN NH NJ NM NY OH OK SC TN UT WA WV MO X X X KAREN DAVIES 6056776709 USD FOUNDATION PO BOX 5555 VERMILLION SD 57069 DOYLE KNUDSON 0.70 X X 0 0 0 PAUL J LEWIS 0.70 X X 0 0 0 DANIEL J KELLY 0.70 X X 0 0 0 VERN O HOLTER 0.70 X X 0 0 0 ANTHONY CLEBERG 0.40 X 0 0 0 GARY L CONRADI 0.40 X 0 0 0 LARRY HARTOG 0.40 X 0 0 0 NANCY A GALLAGHER 0.70 X 0 0 0 JOHN GRUNDHOFER 0.70 X 0 0 0 THOMAS L HEINZ 0.40 X 0 0 0 GEORGE M MICKELSON 0.40 X 0 0 0 WARREN L PROSTROLLO 0.50 X 0 0 0 PHILIP A ODEEN 0.40 X 0 0 0 STEPHANIE R OTTO 0.40 X 0 0 0 ELLENGRAY KENNEDY 0.40 X 0 0 0 GARY BEGEMAN 0.40 X 0 0 0 JOHN LILLIBRIDGE 0.40 X 0 0 0 LORRAINE HART 0.40 X 0 0 0 ROBERT HOLLINGSWORTH 0.50 X 0 0 0 DEAN BELBAS 0.40 X 0 0 0 MICHAEL CASEY 0.40 X 0 0 0 CATHLEEN TOBIN 0.40 X 0 0 0 DAVID OLSON 0.40 X 0 0 0 STEVEN SIKORSKI 0.40 X 0 0 0 ROGER KOZAK 0.40 X 0 0 0 JEANNETTE PORTER 0.40 X 0 0 0 DAVID CULLEN 0.40 X 0 0 0 JEFFREY SVEEN 0.40 X 0 0 0 DANIEL MOEN 40.00 X 144187 0 8594 STEVE BROWN 40.00 X 0 0 0 KAREN DAVIES 40.00 X 112524 0 16551 THOMAS STOGSDILL 40.00 X 140076 0 17662 MICHAEL MAGOON 40.00 X 116239 0 11140 513026 0 53947 4 0 1 0 BRANDES INVESTMENT PARTNERS 11988 CAMINO REAL STE 500 SAN DIEGO CA 92130 INVESTMENT MANAGEMENT FEES 266652 BLACKSTONE GROUP 345 PARK AVE 32ND FLOOR NEW YORK NY 10154 INVESTMENT MANAGEMENT FEES 169924 2 9544431 453070 9544431 ADMINISTRATIVE FEES 561000 334961 334961 334961 3700296 3700296 6078 42732 53170 0 -47092 42732 -4360 42732 -47092 64722385 848403 64287990 938470 434395 -90067 344328 344328 BLACKSTONE INVESTMENTS 531390 71423 71423 71423 13991079 377693 71423 3997532 12536538 12536538 411429 240996 170433 1302761 576562 726199 48404 4183 44221 167746 7740 160006 124819 22967 101852 10472 10472 49502 49502 746513 746513 68604 16955 51649 36264 20376 15888 68553 68553 108171 108171 52191 52191 128475 2432 126043 74837 72973 1864 252 252 109827 109827 15775 15775 ANNUAL GIVING 175361 175361 SEARCH & HIRE FEES 98477 98477 UBTI TAX 63314 63314 PLANNED GIVING 38586 38586 57277 8206 49071 16494148 12536538 2296437 1661173 9910950 9167083 18212123 13903231 107339 232048 1952510 972972 993034 979538 141647487 138640927 22496608 26387859 1359078 1702430 194726619 191013116 224232 249740 9523 10434974 10345437 10668729 10595177 X 4631894 3666278 60754405 53699660 118671591 123052001 184057890 180417939 194726619 191013116 X -2503069 -1136882 X 0 1 1 X 0 X 15773124 12097785 9504372 13946401 9544431 60866113 15773124 12097785 9504372 13946401 9544431 60866113 60866113 5215080 4201990 3749868 3348656 3700296 20215890 78317 60714 66665 71423 277119 81359122 1264235 0.74810 0.73310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12310 0 X X X X SEE PART XIV 0 164095354 4382943 4471306 6118323 3216350 163614930 135462712 9929241 32303544 5778069 5018981 2803093 164095354 126164972 5602676 14276761 5721596 2126457 2733645 135462711 133250183 10471802 -10251544 3147198 1509025 2649246 126164972 0.00740 0.75210 0.24050 1 0 100701 100701 1233854 574211 659643 617955 398761 219194 979538 PIMCO ALL ASSET FUNDS 17465111 F REAL ESTATE PARTNERSHIPS 8922748 F 26387859 INVESTMENTS HELD FOR OTHERS 8985403 DEFERRED GIFT INSTRUMENT LIABILITIES 1360034 10345437 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION EVALUATES ITS TAX POSITIONS ON AN ANNUAL BASIS. MANAGEMENT HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2012 AND 2011 THAT MEET THE CRITERIA FOR RECOGNITION IN THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2012, THE UNRECOGNIZED TAX BENEFIT ACCRUAL WAS ZERO. THE ORGANIZATION IS SUBJECT TO TAX EXAMINATIONS BY TAX AUTHORITIES AND WILL RECOGNIZE FUTURE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE, IF INCURRED. EUROPE 0 0 INVESTMENTS 530000 0 0 0 0 0 0 530000 0 530000 1 0 0 1 1 0 1 UNIVERSITY OF SOUTH DAKOTA 414 EAST CLARK STREET VERMILLION SD 57069 466000364 501(C)(3) 11920957 55164 EXPERT OPINION, SELLING PRICE TRANSFER NONCASH GIFTS MADE TO USDF FOR THE BENEFIT OF USD. SCHOLARSHIPS, BUILDING, FACILITIES, OPERATIONAL AND PROGRAM SUPPORT DAKOTA STATE UNIVERSITY 820 N WASHINGTON AVE MADISON SD 57042 466000364 501(C)(3) 13700 SCHOLARSHIPS SOUTH DAKOTA MEDICAL SCHOOL ENDOWMENT ASSOCIATION 2600 W 49TH STREET SIOUX FALLS SD 57105 466012680 501(C)(3) 25160 STUDENT LOAN SOUTH DAKOTA STATE UNIVERSITY PO BOX 2201 BROOKINGS SD 57007 466000364 501(C)(3) 39000 SCHOLARSHIPS THE FUND FOR ADVANCEMENT OF MEDICAL EDUCATION AND RESEARCH 1400 WEST 22ND ST SIOUX FALLS SD 57105 363432018 501(C)(3) 20592 OPERATIONAL AND PROGRAM SITTING BULL COLLEGE 9299 HWY 24 FORT YATES ND 58538 237373765 501(C)(3) 6250 OPERATIONAL AND PROGRAM SANFORD SCHOOL OF MEDICINE USD RESIDENCY CORPORATION 1400 WEST 22ND ST SIOUX FALLS SD 57105 460418678 501(C)(3) 149231 OPERATIONAL AND PROGRAM NORTHERN STATE UNIVERSITY 1200 S JAY ST ABERDEEN SD 57401 466000364 501(C)(3) 8000 SCHOLARSHIPS SOUTH DAKOTA PUBLIC UNIVERSITY & RESEARCH CENTER FOUNDATION 4801 N CAREER AVE SIOUX FALLS SD 57107 273236473 501(C)(3) 287073 OPERATIONAL & PROGRAM 9 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: 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. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 DANIEL MOEN 135831 0 0 0 8356 0 0 0 9372 0 153559 0 0 0 THOMAS STOGSDILL 139354 0 0 0 722 0 7068 0 11374 0 158518 0 0 0 PART I, LINE 1A A MONTHLY STIPEND WAS PROVIDED TO DAN MOEN FOR A HOUSING ALLOWANCE WHILE HE WAS ACTING AS INTERIM-PRESIDENT (JULY 2011 - DEC 2011). THIS AMOUNT WAS INCLUDED IN HIS TAXABLE WAGES. PART I, LINE 1B THE EXECUTIVE COMMITTEE AUTHORIZED THE HOUSING ALLOWANCE STIPEND AS PART OF THE COMPENSATION PACKAGE FOR DAN MOEN DURING HIS MONTHS AS INTERIM-PRESIDENT. DAN HAD ALREADY MOVED HIS PHYSICAL LOCATION TO ARIZONA PRIOR TO THE BOARD ASKING HIM TO TAKE ON THIS POSITION TEMPORARILY. AS A RESULT, THEY AGREED TO PROVIDE FUNDS TO COVER THE COST OF AN APARTMENT. X 4 12310 EXPERT OPINION X 1 2700 COMPARABLE PRICE X 30 202100 AVE OF HIGH & LOW MKT PR X 1 184500 ART. OF INC.-REDEM PR X OTHER-LABORATORY EQUIPMENT 2 30000 SELLING PRICE X OTHER-MISCELLANEOUS & ITEMS FOR AUCTION 31 21460 SELLING PRICE AND COMPARABLE PRICE 1 0 1 0 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 A, LINE 2 DANIEL MOEN AND JEFFREY SVEEN HAVE A BUSINESS RELATIONSHIP. 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 EMPLOYEES. 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 JULY 2012. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE. ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. JOINT VENTURE POLICY FORM 990 PAGE 6 PART 6 SECTION B LINE 16B THE ORGANIZATION IS IN THE PROCESS OF ADOPTING A WRITTEN POLICY FOR ITS JOINT VENTURE ARRANGEMENTS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,568,333. CHANGE IN GIFT ANNUITIES & DEFERRED GIFTS 431,451. TOTAL TO FORM 990, PART XI, LINE 5: -1,136,882. USDF LLC 1110 N DAKOTA PO BOX 5555 VERMILLION SD 57069 466018891 HOLD AND MANAGE REAL ESTATE FOR FOUNDATION SD 90411 476417 USDF2 LLC 1110 N DAKOTA PO BOX 5555 VERMILLION SD 57069 466018891 HOLD AND MANAGE AIRPLANE FOR FOUNDATION SD 39231 975985