NonprofitsDakota State University Foundation

Education

Dakota State University Foundation

MADISON, SD

Total revenue

$10.2M

Total expenses

$28.0M

Net assets

$25.3M

Grants received

$22.6M

56 grants

EIN

237299995

Tax year

2023

Mission

To raise funds and manage private funding for the benefit of dakota state university.

Programs

1 program

Expenditures for the general support of dsu including: payments to dsu alumni association for mailing list, payments for projects, awards, and construction projects. The majority of funding is currently being used to build a new athletic facility.

Expenses: $24.6MGrants: $24.6M

Financials

FY 2023

Revenue

Contributions & grants$7.1M
Program service revenue
Investment income$3.1M
Other revenue$63K
Total revenue$10.2M

Expenses

Grants paid$26.5M
Salaries & benefits$40K
Fundraising$81K
Other expenses$1.4M
Total expenses$28.0M
Total assets$102.2M
Net assets$25.3M

People

23 listed

NameRoleCompensation

JON SCHEMMEL

CEO (UNTIL 12/2023)

Board

$210K

40 hrs/wk

SAMANTHA ZOSS

COO (UNTIL 06/2024)

Board

$117K

40 hrs/wk

FLOYD RUMMEL

TRUSTEE

Board

1 hrs/wk

JUDY DITTMAN

TRUSTEE

Board

1 hrs/wk

MIKE MALONE

TRUSTEE

Board

1 hrs/wk

RANDY SCHAEFFER

TRUSTEE

Board

1 hrs/wk

JEFF BLOOM

TRUSTEE

Board

1 hrs/wk

BOB CASAGRANDE

TRUSTEE

Board

1 hrs/wk

HALI DIGGS

TRUSTEE

Board

1 hrs/wk

KAZZI FOSTER

TRUSTEE

Board

1 hrs/wk

ROBB GRAHAM

TRUSTEE

Board

1 hrs/wk

MIKE HALVERSON

TRUSTEE

Board

1 hrs/wk

TREVOR GARBERS

TRUSTEE

Board

1 hrs/wk

DAVE MILLER

TRUSTEE (UNTIL 04/2024)

Board

1 hrs/wk

DELON MORK

TRUSTEE

Board

1 hrs/wk

ERIN NIELSEN

TRUSTEE

Board

1 hrs/wk

POOJA PULLMAN

TRUSTEE

Board

1 hrs/wk

SCOTT SCHLISNER

TRUSTEE

Board

1 hrs/wk

PAUL SCHROEDER

TRUSTEE

Board

1 hrs/wk

SUMMER SCHULTZ

TRUSTEE

Board

1 hrs/wk

DAVE GEIVER

CHAIR

Board

1 hrs/wk

MIKE MCKELVEY

CEO (BEG 05/2024)

Board

40 hrs/wk

TAMMY MILLER

VICE CHAIR

Board

1 hrs/wk

Grants received

Showing 56 of 56

FromAmountPurposeYear
$300K
QUALITY EDUCATION
2024
$5K
COMMUNITY SUPPORT
2024
$5.5M
ATHLETICS FACILITIES, CYBERSECURITY AND ENTREPRENEURIAL CENTER, GENERAL SUPPORT
2023
$106K
DSU RISING STEM SCHOLARSHIP FUND + ADMINISTRATION
2023
$100K
GENERAL SUPPORT
2023
$30K
DONATION; SCHOLARSHIP
2023
$25K
QUALITY EDUCATION
2023
$20K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$14K
GENERAL OPERATING
2023
$13K
For grant recipient's exempt purposes
2023
$7K
COMMUNITY SUPPORT
2023
$6K
MATCH A PREVIOUS DONATION (HIGHER ED) STEM CAREER PATHWAYS
2023
$5K
CHARITABLE DONATION
2023
$2K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$1K
MATCHING GIFTS
2023
$100
FIDELITY MATCHING GIFTS TO EDUCATION
2023
$50
OTHER CIVIC / COMMUNITY
2023
$170K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$109K
EVENT SUPPORT, CAPITAL PROJECTS
2022
$100K
RISING STEM SCHOLARSHIP FUND
2022
$100K
GENERAL SUPPORT
2022
$35K
DONATION; SCHOLARSHIP
2022
$27K
Education
2022
$15K
CHARITABLE
2022
$8K
COMMUNITY SUPPORT
2022
$6K
STEM CAREER PATHWAYS
2022
$3K
GENERAL OPERATING
2022
$2K
GENERAL OPERATIONS
2022
$1K
MATCHING GIFTS
2022
$106
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$50
General Operating Support
2022
$5.2M
SCHOLARSHIPS, ATHLETIC COMPLEX, GENERAL SUPPORT
2021
$185K
For recipient's exempt purpose
2021
$100K
GENERAL SUPPORT
2021
$12K
CHARITABLE
2021
$4K
EDUCATION GRANT
2021
$3K
GENERAL OPERATING
2021
$10M
TROJAN UNITE CAMPAIGN FOR THE ATHLETIC DEPARTMENT
2020
$98K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$15K
CHARITABLE
2020
$8K
For grant recipient's exempt purposes
2020
$5K
PROGRAM EXPENSES
2020
$3K
2020 EDUCATION GRANT
2020
$3K
GENERAL SUPPORT
2020
$2K
EDUCATION
2020
$2K
GENERAL OPERATIONS
2020
$500
DOLLARS FOR DOERS
2020
$500
OPERATING EXPENSES
2020
$7K
Education
2019
$1K
General & Unrestricted
2019
$15K
CHARITABLE
2018
$10K
FOR THE SCHOLARSHIP FUND
2017

Funded by

$22.6M from 27 funders · 56 grants · 2017–2024

Sioux Falls Area Community

$20.9M · 5 grants · 2017–2023

Vanguard Charitable Endowment Program

$473K · 4 grants · 2020–2023

Tides Foundation

$325K · 2 grants · 2023–2024

Madison Community Hospital

$300K · 3 grants · 2021–2023

The Eric And Wendy Schmidt Fund For

$206K · 2 grants · 2022–2023

South Dakota Community Foundation

$113K · 1 grant · 2020

Krueger George W Tua

$71K · 5 grants · 2018–2023

Interstates Foundation

$65K · 2 grants · 2022–2023

Details

EIN237299995
NTEE codeB431
Subsection03
Ruling date2014-08
Formed1970
Employees0
Volunteers25
DAKOTA STATE UNIVERSITY FOUNDATION — Mission, Financials & Grants Received | Grantivo