Sanford Health Foundation

SIOUX FALLS, SD EIN: 36-3297853 Website

TO INSPIRE PHILANTHROPY TO ADVANCE THE MISSION OF SANFORD HEALTH, THE PREMIER RURAL HEALTH SYSTEM IN THE U.S., AND RELATED EXEMPT ENTITIES. 100% OF DONOR DOLLARS FUEL LOCAL PRIORITIES TO CARE, COMFORT AND CURE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.3B

+7.2% YoY

Annual Giving

$55.0M

+12.7% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$9.2M

+12.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$59M$118M$177M$236M20202021202220232024
Metric202420232022
Total Assets$1,283,437,010$1,197,031,734$1,051,795,268
Revenue$214,434,250$191,125,295$182,417,940
Expenses$55,013,694$48,812,932$35,450,465
Qualifying Distributions
Net Investment Income$52,121,544$62,337,452$46,232,605
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$14M$28M$41M$55M1 grants20206 grants20216 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

SANFORD MEDICAL CENTER$53.4MSANFORD HEALTH NETWORK$494KSANFORD RESEARCH$490KSANFORD HOME HEALTH$313KSANFORD CLINIC$273KSANFORD WORLD CLINICS$49K

Grant Size Distribution

25 grants across all recorded years

3<$50K2$50–100K6$100–250K8$250–500K$500K–1M1$1–5M5$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Sanford Health Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BILL GASSENTRUSTEE, PRESIDENT & CEO0.75
ANDY NORTHTRUSTEE, SECRETARY, INDEP CONTRACTOR0.24
LAURIS MOLBERTTRUSTEE, CHAIRPERSON0.24
BRENT TEIKENTRUSTEE0.24
JAMES CAINTRUSTEE, TREASURER0.24
MARNIE HERMANNTRUSTEE, VICE CHAIR0.24
NEIL GULSVIGTRUSTEE, PAST CHAIR0.24
MARK LUNDEEN MDTRUSTEE0.24
DAVID SHULKINTRUSTEE0.24
STEPHANIE HERSETH SANDLINTRUSTEE0.24
WESLEY ENGBRECHTTRUSTEE0.24
DANA DYKHOUSETRUSTEE0.24
SCOTT WOOTENEVP, CFO (END 4/24)0.75
NICK OLSONEVP, CFO (BEG 4/24)0.75
BILL MARLETTEINTERIM, EVP, CFO (END 1/24)0.75
DEB KOSKICHIEF PHILANTHROPY OFFICER12
DON JACOBSFORMER TRUSTEE
MICHELLE BRUHNFORMER EVP, CFO & TREASURER

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Sioux Falls

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

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