South Dakota State University Foundation

BROOKINGS, SD EIN: 46-0273801 Website

ENHANCING EXCELLENCE BY CULTIVATING GENEROSITY AND TREASURING THE LOYALTY OF ALL WE SERVE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$411.9M

+5.8% YoY

Annual Giving

$51.6M

-13.3% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$17.2M

-13.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24M$48M$72M$95M20202021202220232024
Metric202420232022
Total Assets$411,928,607$389,380,417$374,742,480
Revenue$73,265,294$63,664,809$86,766,590
Expenses$62,013,343$68,418,903$31,153,517
Qualifying Distributions
Net Investment Income$11,514,688$8,568,406$11,957,027
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$15M$30M$45M$60M3 grants20204 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

SOUTH DAKOTA STATE UNIVE…$47.7MDAKOTA BIOWORX$3.3MSDSU ALUMNI ASSOCIATION$565K

Grant Size Distribution

16 grants across all recorded years

3<$50K$50–100K1$100–250K1$250–500K3$500K–1M3$1–5M5$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does South Dakota State University Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

STEVE ERPENBACHPRESIDENT/CEO$271KTIM DWIREVP FOR FINANCE & OPERATIONS$198KKEITH MAHLUMVP FOR DEVELOPMENT$190KRINA REYNOLDSASSOC VP FOR PHILANTHROPY$130KMICHAEL BIRGENASSOC VP FOR PHILANTHROPY$128KNED GAVLICKASSOC VP FOR GIFT PLANNING$125KKELI BOOKSASSOC VP FOR PHILANTHROPY$113K

From 2024 filing

NameTitleHoursCompensation
MARC MOONEYCHAIR1
KEVIN TETZLAFFCHAIR-ELECT1
ERICA DEBOERBOARD MEMBER1
BRIAN AAMLIDBOARD MEMBER1
ROBERTA OLSONBOARD MEMBER1
RITA EDWARDSBOARD MEMBER1
MARK WAHLSTROMBOARD MEMBER1
SUSAN LEDDYBOARD MEMBER1
DAVID SCHMIDTBOARD MEMBER1
MIKE ROBERTSBOARD MEMBER1
MICHELLE MCCARVILLEBOARD MEMBER1
KATHY WALKERBOARD MEMBER1
DAVE SCHAEFERBOARD MEMBER1
STEVE ERPENBACHPRESIDENT/CEO55$270,941
TIM DWIREVP FOR FINANCE & OPERATIONS55$197,916
KEITH MAHLUMVP FOR DEVELOPMENT55$190,375
MICHAEL BIRGENASSOC VP FOR PHILANTHROPY55$128,418
RINA REYNOLDSASSOC VP FOR PHILANTHROPY55$130,353
KELI BOOKSASSOC VP FOR PHILANTHROPY55$113,000
NED GAVLICKASSOC VP FOR GIFT PLANNING55$125,408

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

BROOKINGSPULLMANSOUTH BEND

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

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