NonprofitsLakota Fund

Community Improvement

Lakota Fund

KYLE, SD

Total revenue

$11.5M

Total expenses

$6.9M

Net assets

$22.5M

Grants received

$8.5M

60 grants

EIN

460421416

Tax year

2024

Mission

To promote economic sustainability on the pine ridge reservation and geographic service area through business loans,technical assistance and wealth building education for families/businesses.

Programs

1 program

Lakota fund provides economic development through business loans, technical assistance, workforce development, and financial education on the pine ridge and rosebud reservations and surrounding area. Their lending has increased substantially in the last 6 years as evidenced by a 500% increase in loan portfolio growth, from 2.5m in 2018 to 14.7m in 2024.

Expenses: $1.9MGrants: $90K

Financials

FY 2024

Revenue

Contributions & grants$10.3M
Program service revenue$792K
Investment income$335K
Other revenue$64K
Total revenue$11.5M

Expenses

Grants paid$2.3M
Salaries & benefits$1.6M
Fundraising$35K
Other expenses$3.0M
Total expenses$6.9M
Total assets$26.8M
Net assets$22.5M

People

9 listed

NameRoleCompensation

TAWNEY BRUNSCH

EXECUTIVE DI

Board

$126K

45 hrs/wk

LAVONNE RANDALL

FINANCE DIRE

Board

$98K

40 hrs/wk

WARREN CROSS

SECRETARY/TR

Board

$3K

3 hrs/wk

CAROL FERGUSON

DIRECTOR

Board

$3K

3 hrs/wk

MARLA THUNDER BULL

DIRECTOR

Board

$3K

3 hrs/wk

ANDREA EAGLE BULL

VICE CHAIR

Board

$3K

3 hrs/wk

DONALEE FISCHER

DIRECTOR

Board

$3K

3 hrs/wk

KEVIN YELLOWBIRD STEELE

DIRECTOR

Board

$3K

3 hrs/wk

ELSIE MEEKS

BOARD CHAIRM

Board

$2K

3 hrs/wk

Grants received

Showing 60 of 60

FromAmountPurposeYear
$4M
MEDICAL / PUBLIC SERVICES
2024
$125K
PARTNER SUSTAINABILITY GENERAL
2024
$100K
GENERAL OPERATING SUPPORT
2024
$73K
Community welfare and betterment
2024
$36K
HOMEOWNER EDUCATION
2024
$25K
WF WORTH GRANT
2024
$10K
General operating support
2024
$5K
GENERAL OPERATING SUPPORT
2024
$500K
INCREASING LAKOTA AG PRODUCTION PROJECT
2023
$152K
CAPACITY BUILDING - RURAL
2023
$100K
GENERAL OPERATING SUPPORT
2023
$100K
FPF NAEB 23-01
2023
$75K
FISCAL SPONSOR FOR SOUTH DAKOTA NATIVE HOMEOWNERSHIP COALITION: CREATING A CLEAR PATH TO HOMEOWNERSHIP
2023
$23K
GRANT
2023
$12K
HOMEOWNER EDUCATION
2023
$5K
GOS
2023
$5K
INDEPENDENT PROJECTS/ANNUAL GRANTS - GENERAL OPERATING SUPPORT.
2023
$126K
CAPACITY BUILDING
2022
$75K
FISAL SPONSOR FOR SOUTH DAKOTA NATIVE HOMEOWNERSHIP COALITION: CREATING A CLEAR PATH TO HOMEOWNERSHIP
2022
$25K
GOS
2022
$20K
HOMEOWNER EDUCATION
2022
$10K
ECONOMIC DEVELOPMENT
2022
$6K
PROJECT DEVELOPMENT
2022
$5K
COMMUNITY SUPPORT - ANNUAL GRANT
2022
$5K
GOS
2022
$85K
CAPACITY BUILDING
2021
$50K
CHARITABLE DONATION
2021
$6K
TECH SUBGRANT
2021
$500K
COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS INITIATIVE
2020
$250K
EXPANDING BUSINESS LENDING
2020
$100K
STRATEGY INITIATIVE
2020
$50K
COVID-19 RESPONSE
2020
$50K
COVID-19 GRANT
2020
$50K
COVID-19 NATIVE HOMEOWNERSHIP PROTECTION PLAN
2020
$50K
CHARITABLE DONATION
2020
$30K
GOS
2020
$29K
CAPACITY BUILDING
2020
$21K
Housing Advisory Board Stipend
2020
$20K
Community welfare and betterment
2020
$19K
HOMEOWNER EDUCATION
2020
$10K
ARTIST RELIEF
2020
$10K
GENERAL CONTRIBUTION
2020
$5K
COMMUNITY SUPPORT
2020
$2K
GENERAL AND/OR EDUCATIONAL PURPOSE
2020
$45K
CAPACITY BUILDING
2019
$131K
Capacity building to assist Native entrepreneurs.
2018
$24K
COMMUNITY WELFARE
2018
$20K
INDIGENOUS ARTS ECOLOGY ECONOMIC BUILDING GRANT
2018
$17K
CAPACITY BUILDING
2018
$30K
EXPENDABLE GRANTS
2017

Funded by

$8.5M from 23 funders · 60 grants · 2017–2024

Neighborhood Reinvestment Corporation

$1.3M · 7 grants · 2017–2023

Citi Foundation

$1M · 2 grants · 2020–2023

Northwest Area Foundation

$750K · 7 grants · 2020–2024

Enterprise Community Partners Inc

$579K · 7 grants · 2018–2024

Oweesta Corporation

$205K · 5 grants · 2018–2024

First Peoples Fund

$130K · 3 grants · 2018–2023

The Vervane Foundation Inc

$100K · 2 grants · 2020–2021

Details

EIN460421416
NTEE codeS430
Subsection03
Ruling date1992-12
Formed1987
Employees13
LAKOTA FUND — Mission, Financials & Grants Received | Grantivo