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South Dakota Community Foundation

Pierre, SD · EIN 46-0398115 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

South Dakota Community Foundation reported $60.1 million in revenue and $45.2 million in expenses for calendar year 2024. Of every $100 it spent, $94.00 went to program services, $2.93 to management and general costs and $3.07 to fundraising. Its largest source of revenue was investment income: 51.6% of the total. The highest compensation it reported for one person was $509,618 (President). 9 people received more than $100,000 in reportable compensation. Revenue fell 25% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $45M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $60M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
94.0%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
2.9%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.1%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
48.4%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$509,618$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.13%1.56%
People paid over $100,000
Part VII, line 2
93
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
230.356.6
Independent voting board members
Part VI 1a–1b
20 of 20100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$39M expenses · 91.6% of program spending · grants $38M

The South Dakota Community Foundation is the only Community Foundation in South Dakota with a statewide focus. Established as a public nonprofit in 1987 under the vision of governor mickelson, the foundation provides grants to charitable organizations across the state in support of charitable, economic development, human services, health, education, and cultural programs

$2.4M expenses · 5.7% of program spending · grants $2.4M

Community savings accounts-work with over 75 communities across the state, ranging in population from 200 to over 30,000, to create perpetual funding streams to assist with local charitable causes. Grants were awarded to support charitable causes that enable the foundation to directly impact necessary change as recommended by local leaders

$1.2M expenses · 2.7% of program spending · grants $1.2M

Scholarship program-maintains over 350 scholarship funds for the benefit of high school graduates across the state. The foundation works with donors to improve access for South Dakota's youth to obtain higher education. The foundation awarded over 1,000 scholarships to assist students with higher education

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Officer, 55 hrs/week
$417,601$0$92,017$509,618
Chief Financial & Administrative Officer
Officer, 55 hrs/week
$270,489$0$65,796$336,285
Director of Development
Highest compensated employee, 55 hrs/week
$165,568$0$48,071$213,639
Senior Program Officer
Highest compensated employee, 55 hrs/week
$124,838$0$55,175$180,013
Director of Foundation Relations
Highest compensated employee, 55 hrs/week
$126,045$0$36,520$162,565
Scholarship Coordinator
Highest compensated employee, 55 hrs/week
$104,201$0$48,920$153,121
Controller
Highest compensated employee, 55 hrs/week
$107,630$0$44,802$152,432

9 people received more than $100,000 in reportable compensation from South Dakota Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $688K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400M201920202021202220232024$60M$45M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$60M$45M94.0%$868M$509,618
2023 ⓘ$69M$35M92.7%$819M$452,650
2022 ⓘ$103M$33M92.7%$730M$388,791
2021 ⓘ$216M$21M89.4%$738M$360,441
2020 ⓘ$192M$20M91.0%$517M$329,572
2019 ⓘ$80M$18M91.2%$312M$314,328

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b20 · 20 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 520
  • Volunteers Part I, line 6300

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
CliftonLarsonAllen LLP
Data and software analysis & advisory
$116,193

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

8 private foundations reported grants to South Dakota Community Foundation totaling $2.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from South Dakota Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for South Dakota Community Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in South Dakota

Questions people ask

How much of South Dakota Community Foundation's spending goes to programs?

In calendar year 2024, South Dakota Community Foundation reported that 94.0% of its $45.2 million in expenses went to program services, 2.9% to management and general and 3.1% to fundraising (Form 990, Part IX).

How much does South Dakota Community Foundation pay its top executive?

The largest total compensation South Dakota Community Foundation reported for one person in calendar year 2024 was $509,618, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does South Dakota Community Foundation get its money?

Of $60.1 million in revenue in calendar year 2024, 48.4% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is South Dakota Community Foundation a registered charity?

The IRS lists EIN 46-0398115 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202532939349300523 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202442899349301729 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202302969349301065 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243189349309734 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133169349303923 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033159349301758 · read the filing

All filings for EIN 46-0398115: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.