Civic Intelligence

Dakota State University Foundation

990 • Fiscal year 2025 • EIN 23-7299995

Jul 01, 2024 to Jun 30, 2025 • Filed on Apr 23, 2026

Organization ProfileWWW.FOUNDATION.DSU.EDU
820 N Washington AveMadison, SD 57042

(605) 256-5693

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.70x

Higher debt load relative to assets than 87% of similar nonprofits.

2025 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

96th percentile

7.01x

Higher debt load relative to revenue than 96% of similar nonprofits.

2025 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

8th percentile

-15%

Higher net margin than 8% of similar nonprofits.

2025 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

11th percentile

$130,167

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2025 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

2nd percentile

-20%

Faster asset growth than 2% of similar nonprofits.

2025 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

9th percentile

-20%

Faster revenue growth than 9% of similar nonprofits.

2025 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$81,762,893

Down $20,388,379 (-20%) from 2024

Net Assets

Down

$24,546,817

Down $756,046 (-3.0%) from 2024

Liabilities

Down

$57,216,076

Down $19,632,333 (-26%) from 2024

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin8th percentile

Revenue

Down

$8,159,295

Down $2,059,120 (-20%) from 2024

Expenses

Down

$9,401,846

Down $18,563,981 (-66%) from 2024

Net Income

Up

-$1,242,551

Up $16,504,861 (+93%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $9,739,315Liabilities 2011: $2,205,643Net Assets 2011: $7,533,6722011Assets 2012: $10,268,914Liabilities 2012: $1,967,937Net Assets 2012: $8,300,9772012Assets 2013: $11,141,725Liabilities 2013: $1,930,255Net Assets 2013: $9,211,4702013Assets 2014: $14,334,413Liabilities 2014: $1,492,189Net Assets 2014: $12,842,2242014Assets 2015: $18,305,944Liabilities 2015: $1,435,975Net Assets 2015: $16,869,9692015Assets 2016: $17,115,725Liabilities 2016: $503,593Net Assets 2016: $16,612,1322016Assets 2017: $16,181,925Liabilities 2017: $492,311Net Assets 2017: $15,689,6142017Assets 2018: $45,973,776Liabilities 2018: $28,693,148Net Assets 2018: $17,280,6282018Assets 2019: $40,519,237Liabilities 2019: $22,291,069Net Assets 2019: $18,228,1682019Assets 2020: $34,127,740Liabilities 2020: $16,068,852Net Assets 2020: $18,058,8882020Assets 2021: $48,525,169Liabilities 2021: $15,760,334Net Assets 2021: $32,764,8352021Assets 2022: $118,045,718Liabilities 2022: $98,636,082Net Assets 2022: $19,409,6362022Assets 2023: $96,118,718Liabilities 2023: $53,069,757Net Assets 2023: $43,048,9612023Assets 2024: $102,151,272Liabilities 2024: $76,848,409Net Assets 2024: $25,302,8632024Assets 2025: $81,762,893Liabilities 2025: $57,216,076Net Assets 2025: $24,546,8172025

Highlighted filing

2025

Assets$81,762,893
Liabilities$57,216,076
Net Assets$24,546,817
Open 2025 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2011: $1,112,1382011Expenses 2012: $1,417,4732012Expenses 2013: $1,581,2392013Revenue 2014: $4,185,658Expenses 2014: $1,392,599Net Income 2014: $2,793,0592014Revenue 2015: $5,825,140Expenses 2015: $1,499,156Net Income 2015: $4,325,9842015Revenue 2016: $3,753,521Expenses 2016: $3,186,610Net Income 2016: $566,9112016Revenue 2017: $2,717,176Expenses 2017: $4,439,096Net Income 2017: -$1,721,9202017Revenue 2018: $7,046,474Expenses 2018: $5,692,876Net Income 2018: $1,353,5982018Revenue 2019: $3,847,910Expenses 2019: $2,221,983Net Income 2019: $1,625,9272019Revenue 2020: $3,444,107Expenses 2020: $2,774,279Net Income 2020: $669,8282020Revenue 2021: $15,213,740Expenses 2021: $2,592,406Net Income 2021: $12,621,3342021Revenue 2022: $5,725,186Expenses 2022: $2,887,015Net Income 2022: $2,838,1712022Revenue 2023: $5,886,711Expenses 2023: $13,699,637Net Income 2023: -$7,812,9262023Revenue 2024: $10,218,415Expenses 2024: $27,965,827Net Income 2024: -$17,747,4122024Revenue 2025: $8,159,295Expenses 2025: $9,401,846Net Income 2025: -$1,242,5512025

Highlighted filing

2025

Revenue$8,159,295
Expenses$9,401,846
Net Income-$1,242,551
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 23, 2026
Return Version
2024v5.5
Gross Receipts
$8,586,484
Mission and Program Overview

Mission

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.

To raise funds and manage private funding for the benefit of dakota state university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$89,244,326$65,573,396▼ $23,670,930
Pledges and Grants Receivable$7,866,709$7,506,412▼ $360,297
Land, Buildings, and Equipment, Net$2,936,717$3,227,978▲ $291,261
Savings and Temporary Cash Investments$1,376,709$2,635,147▲ $1,258,438
Investments Other Securities$191,811$2,230,335▲ $2,038,524
Accounts Receivable$70,125$225▼ $69,900
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$102,151,272$81,762,893▼ $20,388,379
Other Assets Total$464,675$589,200▲ $124,525
Liabilities
Other Liabilities$69,812,188$46,433,909▼ $23,378,279
Mortgage Notes Payable Secured by Investment Property$6,845,350$9,745,050▲ $2,899,700
Accounts Payable and Accrued Expenses$190,871$578,784▲ $387,913
Grants Payable$0$458,333▲ $458,333
Total Liabilities$76,848,409$57,216,076▼ $19,632,333
Net Assets / Fund Balance
Net Assets With Donor Restrictions$23,906,150$27,873,117▲ $3,966,967
Net Assets Without Donor Restrictions$1,396,713$-3,326,300▼ $4,723,013
Total Net Assets Fund Balance$25,302,863$24,546,817▼ $756,046
Total Liabilities and Net Assets / Fund Balance$102,151,272$81,762,893▼ $20,388,379

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,117,548$292,416$1,528,638
Land$110,430-$110,430
Equipment$0$30,934$30,934

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$21,658,609$380,477▲ $2,799,577-$23,905,452
2023$19,130,523$956,291▲ $2,480,625-$21,658,609
2022$17,338,888$934,022▲ $1,574,599-$19,130,523
2021$15,971,554$4,193,088▼ $5,537,319-$12,106,383
2020$15,263,638$677,698▲ $30,218-$15,971,554
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike MckelveyCEOFT$86,831$43,336$130,167

Board Members and Trustees

NameTitle
Dave GeiverChair
Bob CasagrandeTrustee
Delon MorkTrustee
Erin NielsenTrustee
Floyd RummelTrustee
Hali Mcclelland DiggsTrustee
Jarod KeeneTrustee
Jeff BloomTrustee
Jeff RodmanTrustee
Judy DittmanTrustee
Julie IversonTrustee
Kazzi TeelTrustee
Mike HalversonTrustee
Mike MaloneTrustee
Nick PodhradskyTrustee
Pooja PullmanTrustee
Randy SchaeferTrustee
Robb GrahamTrustee
Roger DegrootTrustee
Scott SchlisnerTrustee
Summer SchultzTrustee
Tammy MillerTrustee
Trevor GarbersTrustee
Paul SchoederTrustee (until May 2025)
Revenue and Support

Revenue Composition

Contributions and Grants
$4,994,143
Program Service Revenue
$11,658
Investment Income
$2,937,399
Other Revenue
$216,095
All Other Contributions
$4,659,247
Change in Net Assets
$-1,242,551

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$609,961Fair Market Value (FMV)
Securities Publicly Traded8$291,023Fair Market Value (FMV)
Other Non Cash Contri Table1$51,592Fair Market Value (FMV)
Other Non Cash Contri Table69$34,255Fair Market Value (FMV)
Total Noncash Contributions79$986,831-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,047,774
Revenue Not Reported on Financial Statements
$111,521
Revenue Not Reported on Form 990
$1,381,496
Total Revenue per Audited Statements
$9,429,270
Total Revenue per Form 990
$8,159,295
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,577,534
Other Expenses$2,824,312
Total Fundraising Expense$160,001
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,577,534--$6,577,534
Fees for Services Other-$814,281-$814,281
Interest$586,174$16,652-$602,826
Fees for Service Investment Mgmnt Fees-$111,521-$111,521
Office Expenses-$63,634-$63,634
Depreciation Depletion-$57,978-$57,978
Other Expenses-$35,727$160,001$35,727
Advertising-$32,500-$32,500
Travel-$2,932-$2,932
All Other Expenses-$1,472-$1,472
Total Functional Expenses$7,163,708$2,078,137$160,001$9,401,846

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,185,316
Total Expenses per Form 990$9,401,846
Expenses per Audited Statements$9,290,325
Expenses Not Reported on Form 990$894,991
Expenses Not Reported on Financial Statements$111,521
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dakota State UniversityMadison, SDGovernmentalScholarships and Capital Support to Dakota State University$6,577,534

International Summary

Offices
0
Employees
0
Spending
$261,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestment-00$261,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$83,510
Fundraising Direct Expenses$82,305
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dsunite$418,406$83,510$8,676$74,834
Total Events$418,406$83,510$82,305$1,205
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Invested and Held for the University$46,433,909
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“The executive committee shall be comprised of: 1. No fewer than five (5) voting trustees nor more than eleven (11), appointed by the chair of the board of trustees, and must include the chair, vice chair, and immediate past chair of the board of trustees; and 2. Ex officio trustees as follows, dakota state university president, foundation chief executive officer, and foundation chief operating officer. The executive committee shall have and may exercise, during the interval between meetings of the board of trustees, all of the powers vested in the board of trustees with these exceptions: fill vacancies on the board of trustees, and the power to change the articles of incorporation or bylaws.”

Form 990, Part VI, Section B, Line 11B

“The organization provides a copy of its form 990 to the audit committee and voting board members before filing.”

Form 990, Part VI, Section B, Line 12C

“The foundation has formal policies and procedures in place for annually documenting potential conflicts of interest among its governing body. At the beginning of each fiscal year, the organization's conflict of interest policy and code of ethics are sent to all new and returning directors. All directors are asked to acknowledge and to agree to abide by these policies and disclose any potential conflicts of interest pertaining to foundation business. All directors must review potential conflicts and disclose if any arise. Board of trustee members and foundation staff members are covered by the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15A

“Compensation is determined by an unrelated organization, the state of south dakota, and the organization relied on the unrelated organization to establish compensation.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and irs form 990 are made available to the public on request. Additionally, annual audited financial statements and information regarding endowment holdings are available to the public on request.”

Filing and Contact Details

Filer

Filer Name
Dakota State University Foundation
EIN
23-7299995
Phone
6052565693
Address
820 N WASHINGTON AVE, MADISON, SD 57042

Signing Officer

Name
Jill Ruhd
Title
Interim VP of Institutional Advance
Phone
6052565693
Signed
2026-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Ruhd
Formed
1970
Legal Domicile
Sd
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
40

Preparer

Firm
Eide Bailly Llp
Address
345 N REID PL STE 400, SIOUX FALLS, SD 57103-7034
Preparer
Laurie Hanson CPA
Phone
6053391999
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 27

“Support for a capital project in excess of gifts, including promises to give, has resulted in deficiencies that are reported in net assets without donor restrictions. The cumulative deficiency totaled $4,240,765 and $0, respectively, as of june 30, 2025 and 2024. The foundation has received conditional promises to give project commitments of $8,108,240 as of june 30, 2025, that will be used to cover the deficit along with any future gifts.”

FORM 990, PART XI, LINE 9:

“Uncollectible pledges -68,046. Change in split interest agreements 76,587. Change in value of life insurance 47,937.”

Financial Statement Notes

PART V, LINE 4:

“The foundation's endowment consists of approximately 396 individual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the board to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. Part v, line 1a: the beginning of year amount reported in column (c) was restated to appropriately reflect the june 30, 2022 endowment balance.”

PART X, LINE 2:

“The foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements and, as such, does not have any uncertain tax positions that are material to the financial statements. The foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense, if such interest and penalties are incurred.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Change in split-interest agreements 76,587. Change in value of life insurance 47,937.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Uncollectible pledges 68,046.”

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2422336
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVE GEIVER
IRS990/Form990PartVIISectionAGrp/PersonNm1MIKE MALONE
IRS990/Form990PartVIISectionAGrp/PersonNm2FLOYD RUMMEL
IRS990/Form990PartVIISectionAGrp/PersonNm3RANDY SCHAEFER
IRS990/Form990PartVIISectionAGrp/PersonNm4JUDY DITTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5SCOTT SCHLISNER
IRS990/Form990PartVIISectionAGrp/PersonNm6SUMMER SCHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm7KAZZI TEEL
IRS990/Form990PartVIISectionAGrp/PersonNm8POOJA PULLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9TAMMY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm10ERIN NIELSEN
IRS990/Form990PartVIISectionAGrp/PersonNm11MIKE HALVERSON
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBB GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm13JEFF RODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14BOB CASAGRANDE
IRS990/Form990PartVIISectionAGrp/PersonNm15NICK PODHRADSKY
IRS990/Form990PartVIISectionAGrp/PersonNm16ROGER DEGROOT
IRS990/Form990PartVIISectionAGrp/PersonNm17DELON MORK
IRS990/Form990PartVIISectionAGrp/PersonNm18JEFF BLOOM
IRS990/Form990PartVIISectionAGrp/PersonNm19TREVOR GARBERS
IRS990/Form990PartVIISectionAGrp/PersonNm20HALI MCCLELLAND DIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm21JAROD KEENE
IRS990/Form990PartVIISectionAGrp/PersonNm22JULIE IVERSON
IRS990/Form990PartVIISectionAGrp/PersonNm23PAUL SCHOEDER
IRS990/Form990PartVIISectionAGrp/PersonNm24MIKE MCKELVEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24107831
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE (UNTIL MAY 2025)
IRS990/Form990PartVIISectionAGrp/TitleTxt24CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0334896
IRS990/FundraisingDirectExpensesAmt082305
IRS990/FundraisingGrossIncomeAmt083510
IRS990/GainOrLossGrp/OtherAmt0476452
IRS990/GainOrLossGrp/SecuritiesAmt01828807
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantAmt01874925
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt0458333
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt06577534
IRS990/GrantsToDomesticOrgsGrp/TotalAmt06577534
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0692136
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01909510
IRS990/GrossReceiptsAmt08586484
IRS990/GrossRentsGrp/RealAmt0262387
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt016652
IRS990/InterestGrp/ProgramServicesAmt0586174
IRS990/InterestGrp/TotalAmt0602826
IRS990/InvestmentIncomeGrp/ExclusionAmt0632140
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0632140
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0191811
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02230335
IRS990/InvestmentsPubTradedSecGrp/BOYAmt089244326
IRS990/InvestmentsPubTradedSecGrp/EOYAmt065573396
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0323350
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02936717
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03227978
IRS990/LandBldgEquipCostOrOtherBssAmt03551328
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0215684
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt080703
IRS990/LessRentalExpensesGrp/RealAmt048497
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DAKOTA 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06845350
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09745050
IRS990/NetAssetsOrFundBalancesBOYAmt025302863
IRS990/NetAssetsOrFundBalancesEOYAmt024546817
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02305259
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02305259
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt01205
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01205
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0213890
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0213890
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0430027
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01396713
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3326300
IRS990/NoncashContributionsAmt0986831
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt063634
IRS990/OfficeExpensesGrp/TotalAmt063634
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0464675
IRS990/OtherAssetsTotalGrp/EOYAmt0589200
IRS990/OtherChangesInNetAssetsAmt056478
IRS990/OtherExpensesGrp/Desc0IN-KIND EXPENSE
IRS990/OtherExpensesGrp/Desc1SUPPORT EXPENSE
IRS990/OtherExpensesGrp/Desc2BOOSTER CLUB
IRS990/OtherExpensesGrp/Desc3PROJECT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0160001
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0687245
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1254195
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt235727
IRS990/OtherExpensesGrp/TotalAmt0687245
IRS990/OtherExpensesGrp/TotalAmt1254195
IRS990/OtherExpensesGrp/TotalAmt2160001
IRS990/OtherExpensesGrp/TotalAmt335727
IRS990/OtherLiabilitiesGrp/BOYAmt069812188
IRS990/OtherLiabilitiesGrp/EOYAmt046433909
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01000
IRS990/OtherRevenueTotalAmt01000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07866709
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt07506412
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JILL RUHD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/Desc0ADMINISTRATIVE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011658
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011658
IRS990/ProgSrvcAccomActy2Grp/Desc0EXPENDITURES FOR THE GENERAL SUPPORT OF DSU INCLUDING: PAYMENTS TO DSU ALUMNI ASSOCIATION FOR MAILING LIST, PAYMENTS FOR PROJECTS, AWARDS, AND CONSTRUCTION PROJECTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05288783
IRS990/ProgSrvcAccomActy2Grp/GrantAmt04702609
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt011658
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07078430
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt026504419
IRS990/PYInvestmentIncomeAmt03077006
IRS990/PYOtherExpensesAmt01421489
IRS990/PYOtherRevenueAmt062979
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-17747412
IRS990/PYSalariesCompEmpBnftPaidAmt039919
IRS990/PYTotalExpensesAmt027965827
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010218415
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1242551
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00

Document Assets

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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$81,762,893
Liabilities
$57,216,076
Net assets
$24,546,817
Revenue
$8,159,295
Expenses
$9,401,846
Net income
-$1,242,551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$81.8$57.2$24.5$8.16$9.40$1.24
2024Detailed filing. Detailed filing data is available for this year.$102$76.8$25.3$10.2$28.0$17.7
2023Detailed filing. Detailed filing data is available for this year.$96.1$53.1$43.0$5.89$13.7$7.81
2022Detailed filing. Detailed filing data is available for this year.$118$98.6$19.4$5.73$2.89$2.84
2021Detailed filing. Detailed filing data is available for this year.$48.5$15.8$32.8$15.2$2.59$12.6
2020Detailed filing. Detailed filing data is available for this year.$34.1$16.1$18.1$3.44$2.77$0.67
2019Detailed filing. Detailed filing data is available for this year.$40.5$22.3$18.2$3.85$2.22$1.63
2018Detailed filing. Detailed filing data is available for this year.$46.0$28.7$17.3$7.05$5.69$1.35
2017Detailed filing. Detailed filing data is available for this year.$16.2$0.49$15.7$2.72$4.44$1.72
2016Detailed filing. Detailed filing data is available for this year.$17.1$0.50$16.6$3.75$3.19$0.57
2015Detailed filing. Detailed filing data is available for this year.$18.3$1.44$16.9$5.83$1.50$4.33
2014Detailed filing. Detailed filing data is available for this year.$14.3$1.49$12.8$4.19$1.39$2.79
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$1.93$9.21$1.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$1.97$8.30$1.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.74$2.21$7.53$1.11