Dakota State University Foundation

MADISON, SD EIN: 23-7299995 Website

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.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$102.2M

+6.3% YoY

Annual Giving

$26.5M

+111.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$26.5M

+111.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$15M$23M$31M20202021202220232024
Metric202420232022
Total Assets$102,151,272$96,118,718$118,045,718
Revenue$10,218,415$5,886,711$5,725,186
Expenses$27,965,827$13,699,637$2,887,015
Qualifying Distributions
Net Investment Income$3,077,006$-1,381,999$2,325,303
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$7M$13M$20M$27M0 grants20200 grants20210 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

DAKOTA STATE UNIVERSITY$26.5M

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M2$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Dakota State University Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JON SCHEMMELCEO (UNTIL 12/2023)$210KSAMANTHA ZOSSCOO (UNTIL 06/2024)$117K

From 2024 filing

NameTitleHoursCompensation
DAVE GEIVERCHAIR1
TAMMY MILLERVICE CHAIR1
FLOYD RUMMELTRUSTEE1
JUDY DITTMANTRUSTEE1
MIKE MALONETRUSTEE1
RANDY SCHAEFFERTRUSTEE1
JEFF BLOOMTRUSTEE1
BOB CASAGRANDETRUSTEE1
HALI DIGGSTRUSTEE1
KAZZI FOSTERTRUSTEE1
ROBB GRAHAMTRUSTEE1
MIKE HALVERSONTRUSTEE1
TREVOR GARBERSTRUSTEE1
DAVE MILLERTRUSTEE (UNTIL 04/2024)1
DELON MORKTRUSTEE1
ERIN NIELSENTRUSTEE1
POOJA PULLMANTRUSTEE1
SCOTT SCHLISNERTRUSTEE1
PAUL SCHROEDERTRUSTEE1
SUMMER SCHULTZTRUSTEE1
JON SCHEMMELCEO (UNTIL 12/2023)40$209,867
SAMANTHA ZOSSCOO (UNTIL 06/2024)40$116,999
MIKE MCKELVEYCEO (BEG 05/2024)40

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Madison

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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