Milbank Community Foundation

MILBANK, SD EIN: 46-0427565 Website

The mission of the Milbank Community Foundation is to provide the opportunity for philanthropic investment in our community; demonstrate leadership in the areas of education, social & economic development; & promote the quality of life to the residents of the Milbank area.

Financial Overview

From 2022 IRS Form 990-PF

Total Assets

-100.0% YoY

Annual Giving

$134K

-73.6% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$27K

-68.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$234K$468K$702K$936K202020212022
Metric202220212020
Total Assets$1,435,565$1,419,303
Revenue$208,053$797,652$-1,001,094
Expenses$790,265$739,024$850,847
Qualifying Distributions
Net Investment Income$-21,030$102,594$-1,783,175
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$127K$254K$381K$509K5 grants20206 grants20215 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2022

Grant County Heart & Dia…$80KCity of Milbank$27KMilbank Ball Diamond Ass…$11KMilbank Community Transit$8KImagination Library$8K

Grant Size Distribution

16 grants across all recorded years

12<$50K3$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Milbank Community Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

Craig WellnitzFinance Director$61K

From 2022 filing

NameTitleHoursCompensation
Mark LeddyPresident0.5
Mark BierschbachVice President0.2
Greg ThomasSecretary/Treasurer0.2
Jeff JonesDirector0.2
Tana MundwilerDirector0.2
Doug StengelDirector0.2
Craig WellnitzFinance Director45$60,676

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

BIG STONE CITYBig Stone CityMILBANKMilbank

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

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