Rapid City Economic Development Foundati
TO IMPROVE THE QUALITY OF LIFE AND INCREASE PERSONAL INCOME LEVELS IN THE RAPID CITY AREA BY FOSTERING A VITAL BUSINESS CLIMATE WHICH PROVIDES QUALITY NEW JOBS, ATTRACTS NEW BUSINESS, HELPS EXISTING BUSINESS, AND PROMOTES ENTREPRENEURSHIP.
Financial Overview
From 2023 IRS Form 990-PF
Total Assets
—
-100.0% YoY
Annual Giving
$8K
-99.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$8K
-99.6% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $15,961,561 | $18,568,120 |
| Revenue | — | $2,494,984 | $2,810,029 |
| Expenses | $12,016,589 | $3,182,525 | $1,044,094 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | $2,199,401 | $161,363 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Rapid City Economic Development Foundati fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAULETTE DAVIDSON | CHAIR | 0.5 | — |
| TOM WEAVER | VICE CHAIR | 0.5 | — |
| MARNE JONES | TREASURER | 0.5 | — |
| TODD KENNER | SECRETARY | 0.5 | — |
| DARREN HAAR | PAST CHAIR | 0.5 | — |
| ALAN SOLANO | BOARD MEMBER | 0.5 | — |
| ANDY BARTLING | BOARD MEMBER | 0.5 | — |
| BRAD HEARST | BOARD MEMBER | 0.5 | — |
| BRANDON LANCE | BOARD MEMBER | 0.5 | — |
| DICK JOHNSON | BOARD MEMBER | 0.5 | — |
| GREG LOOS | BOARD MEMBER | 0.5 | — |
| HANI SHAFAI | BOARD MEMBER | 0.5 | — |
| JANA MCCRODEN | BOARD MEMBER | 0.5 | — |
| MAYOR JASON SALAMUN | BOARD MEMBER | 0.5 | — |
| PETE LIEN | BOARD MEMBER | 0.5 | — |
| ZANE BRINK | BOARD MEMBER | 0.5 | — |
| TOM JOHNSON | PRESIDENT/CEO | 1 | $265,574 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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