Dakota State University Foundation

Organization Overview

Dakota State University Foundation is located in Madison, SD. The organization was established in 2014. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dakota State University Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Dakota State University Foundation generated $15.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $2.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DAKOTA STATE UNIVERSITY FOUNDATION IS AN INDEPENDENT NON-PROFIT CORPORATION ESTABLISHED FOR THE PURPOSE OF RAISING AND MANAGING PRIVATE FUNDING FOR THE BENEFIT OF DAKOTA STATE UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION ASSISTS IN MAKING PAYMENTS TO OR ON BEHALF OF DAKOTA STATE UNIVERSITY FOR SCHOLARSHIPS.


EXPENDITURES FOR THE GENERAL SUPPORT OF DSU INCLUDING: PAYMENTS TO DSU ALUMNI ASSN FOR MAILING LIST, PAYMENTS FOR PROJECTS, AWARDS, DEPRECIATION AND MISCELLANEOUS EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Suzy Collignon-Hodgen
Chair
$0
Stacy Krusemark
Treasurer
$0
Roger Degroot
Board Member
$0
David Geiver
Board Member
$0
Tammy Miller
Board Member
$0
Erin Nielsen
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $287,487
All other contributions, gifts, grants, and similar amounts not included above$12,461,085
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,748,572
Total Program Service Revenue$0
Investment income $789,606
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $217,351
Net Gain/Loss on Asset Sales $1,458,211
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,213,740

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Dakota State University Foundation has recieved totaling $50.

Awarding OrganizationAmount
First Interstate Bancsystem Foundation Inc

Billings, MT

PURPOSE: GENERAL OPERATING SUPPORT

$50
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,263,638
Earnings$30,218
Net Contributions$677,698
Ending Balance$15,971,554

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