Civic Intelligence

Great Plains Education Foundation Inc C/O Dacotah Bank Trust

990 • Fiscal year 2018 • EIN 46-0350016

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 05, 2019

Organization ProfileN/A
PO Box 1210Aberdeen, SD 57402-1210

(605) 229-7119

Siviq Scores

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

Liabilities / Assets

74th percentile

0.56x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

16.28x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

2nd percentile

-24%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-81%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$61,123,406

Down $19,434,030 (-24%) from 2017

Net Assets

Up

$27,023,552

Up $536,598 (+2.0%) from 2017

Liabilities

Down

$34,099,854

Down $19,970,628 (-37%) from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin77th percentile

Revenue

Down

$2,094,909

Down $9,044,977 (-81%) from 2017

Expenses

Down

$1,677,711

Down $27,338,322 (-94%) from 2017

Net Income

Up

$417,198

Up $18,293,345 (+102%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$100M$50M$0Assets 2010: $63,790,219Liabilities 2010: $4,274,876Net Assets 2010: $59,515,3432010Assets 2011: $72,856,020Liabilities 2011: $3,724,051Net Assets 2011: $69,131,9692011Assets 2012: $70,193,747Liabilities 2012: $3,981,875Net Assets 2012: $66,211,8722012Assets 2013: $75,697,022Liabilities 2013: $9,498,599Net Assets 2013: $66,198,4232013Assets 2014: $82,965,369Liabilities 2014: $8,971,024Net Assets 2014: $73,994,3452014Assets 2015: $75,339,782Liabilities 2015: $6,801,204Net Assets 2015: $68,538,5782015Assets 2016: $75,954,072Liabilities 2016: $27,628,828Net Assets 2016: $48,325,2442016Assets 2017: $80,557,436Liabilities 2017: $54,070,482Net Assets 2017: $26,486,9542017Assets 2018: $61,123,406Liabilities 2018: $34,099,854Net Assets 2018: $27,023,5522018Assets 2019: $43,021,931Liabilities 2019: $15,413,296Net Assets 2019: $27,608,6352019Assets 2020: $39,417,100Liabilities 2020: $21,117,706Net Assets 2020: $18,299,3942020Assets 2021: $30,187,827Liabilities 2021: $9,247,065Net Assets 2021: $20,940,7622021Assets 2022: $32,415,886Liabilities 2022: $8,679,204Net Assets 2022: $23,736,6822022Assets 2023: $35,946,452Liabilities 2023: $11,378,840Net Assets 2023: $24,567,6122023Assets 2024: $30,893,000Liabilities 2024: $4,280,000Net Assets 2024: $26,613,0002024

Highlighted filing

2018

Assets$61,123,406
Liabilities$34,099,854
Net Assets$27,023,552
Open 2018 Filing

Operations Trend

Revenue Growth1st percentile

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

$40M$20M$0-$20MExpenses 2010: $1,962,1182010Revenue 2011: $4,399,325Expenses 2011: $1,112,392Net Income 2011: $3,286,9332011Expenses 2012: $1,270,5862012Revenue 2013: $2,942,195Expenses 2013: $6,229,899Net Income 2013: -$3,287,7042013Revenue 2014: $2,880,517Expenses 2014: $2,327,932Net Income 2014: $552,5852014Revenue 2015: $4,621,049Expenses 2015: $6,986,969Net Income 2015: -$2,365,9202015Revenue 2016: $2,112,048Expenses 2016: $21,966,296Net Income 2016: -$19,854,2482016Revenue 2017: $11,139,886Expenses 2017: $29,016,033Net Income 2017: -$17,876,1472017Revenue 2018: $2,094,909Expenses 2018: $1,677,711Net Income 2018: $417,1982018Revenue 2019: $3,302,847Expenses 2019: $1,523,935Net Income 2019: $1,778,9122019Revenue 2020: $3,740,482Expenses 2020: $12,409,848Net Income 2020: -$8,669,3662020Revenue 2021: $5,206,082Expenses 2021: $937,212Net Income 2021: $4,268,8702021Revenue 2022: $5,301,626Expenses 2022: $934,931Net Income 2022: $4,366,6952022Revenue 2023: $4,349,905Expenses 2023: $3,861,820Net Income 2023: $488,0852023Revenue 2024: $1,032,300Expenses 2024: $476,009Net Income 2024: $556,2912024

Highlighted filing

2018

Revenue$2,094,909
Expenses$1,677,711
Net Income$417,198
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 5, 2019
Return Version
2017v2.3
Gross Receipts
$6,959,569
Mission and Program Overview

Mission

To further and aid education in the State of South Dakota.

The Corporation's primary exempt purpose is to be operated to benefit and carry out the purposes of the state of South Dakota through financial aid and other assistance to students and to publicly supported schools, colleges, universities and other educational institutions located in South Dakota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$41,875,784$40,814,704▼ $1,061,080
Rtn Earn Endowment Incm Other Fnds$26,486,954$27,023,552▲ $536,598
Savings and Temporary Cash Investments$27,117,642$10,171,518▼ $16,946,124
Other Notes and Loans Receivable, Net$2,982,300$2,901,028▼ $81,272
Investments Other Securities$2,681,222$2,421,768▼ $259,454
Prepaid Expenses and Deferred Charges$5,906$8,438▲ $2,532
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$80,557,436$61,123,406▼ $19,434,030
Other Assets Total$5,894,582$4,805,950▼ $1,088,632
Liabilities
Grants Payable$48,457,265$27,878,493▼ $20,578,772
Escrow Account Liability$5,613,217$6,221,361▲ $608,144
Total Liabilities$54,070,482$34,099,854▼ $19,970,628
Net Assets / Fund Balance
Total Net Assets Fund Balance$26,486,954$27,023,552▲ $536,598
Total Liabilities and Net Assets / Fund Balance$80,557,436$61,123,406▼ $19,434,030

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$251,732--
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Harvey C Jewett IVPresident/Secretary/Treasu
Jack ThompsonVice President
Eldon SwinglerDirector
Mike EvansDirector
Tim KesslerDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Dacotah Bank Trust and Wealth ManagementInvestment Management and Agent Fees308 South Main St, Aberdeen, SD 57401$275,827
Revenue and Support

Revenue Composition

Contributions and Grants
$240,000
Program Service Revenue
$0
Investment Income
$1,854,909
Other Revenue
$0
All Other Contributions
$240,000
Change in Net Assets
$417,198

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,094,909
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$119,000
Total Revenue per Audited Statements
$2,213,909
Total Revenue per Form 990
$2,094,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,307,022
Other Expenses$370,689
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,020,000--$1,020,000
Fees for Service Investment Mgmnt Fees-$297,015-$297,015
Grants to Domestic Individuals$287,022--$287,022
Fees for Services Accounting-$38,136-$38,136
Fees for Services Legal-$29,632-$29,632
Insurance-$5,906-$5,906
Total Functional Expenses$1,307,022$370,689$0$1,677,711

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,677,711
Total Expenses per Form 990$1,677,711
Total Expenses per Audited Statements$1,677,311
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-400
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
South Dakota Board of RegentsPierre, SDGovernmentFiber Optic Cable Data Network$500,000
University of South DakotaVermillion, SDGovernmentLaw School Scholarships$405,000
Aberdeen Catholic School SystemAberdeen, SD501(c)(3)Educational programming$40,000
Aberdeen School DistrictAberdeen, SDGovernmentTutoring program.$40,000
Aberdeen Christian SchoolAberdeen, SD501(c)(3)Tuition Assistance Program$30,000
SPURs Therapeutic RidingAberdeen, SD501(c)(3)Scholarship Fund$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“The draft 990 is provided to the Foundation's President, Secretary/Treasurer for review and signature. The Foundation board will review the Form 990 at the first meeting after the Form 990 is filed.”

Form 990, Part VI, Section C, line 19

“Governing documents and financial statements are available at the office in the event an appropriate request is made.”

Filing and Contact Details

Filer

Filer Name
Great Plains Education Foundation Inc
EIN
46-0350016
Phone
6052297119
Address
PO Box 1210, Aberdeen, SD 57402-1210

Signing Officer

Name
Harvey C Jewett IV
Title
President/Chairman
Phone
6052261116
Signed
2019-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harvey C Jewett IV
Formed
1998
Legal Domicile
Sd
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Eide Bailly Llp
Address
24 2ND AVE SW, ABERDEEN, SD 57401-4115
Preparer
Melissa White CPA
Phone
6052258783
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Tuition returned 400.”

Financial Statement Notes

Part IV, Line 2B:

“The Dakota Corps Scholarship Fund is used to account for scholarship funds of the State of South Dakota. The Great Plains Education Foundation holds the fund's assets in a custodial capacity. Agency funds are accounted for using the modified accrual basis of accounting. Because agency funds are custodial in nature, they do not measure results of operations or have a measurement focus.”

Part XII, Line 2D - Other Adjustments:

“Refund of prior year grants -400.”

Raw XML AppendixShowing 400 of 490 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Corporation's primary exempt purpose is to be operated to benefit and carry out the purposes of the state of South Dakota through financial aid and other assistance to students and to publicly supported schools, colleges, universities and other educational institutions located in South Dakota.
IRS990/AllOtherContributionsAmt0240000
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Dacotah Bank Trust and Wealth Management
IRS990/BooksInCareOfDetail/PhoneNum06052297119
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0308 South Main Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Aberdeen
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057401
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0275827
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0308 South Main St
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Aberdeen
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0SD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd057401
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Dacotah Bank Trust and Wealth Management
IRS990/ContractorCompensationGrp/ServicesDesc0Investment Management and Agent Fees
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0240000
IRS990/CYGrantsAndSimilarPaidAmt01307022
IRS990/CYInvestmentIncomeAmt01854909
IRS990/CYOtherExpensesAmt0370689
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0417198
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01677711
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02094909
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Grants given to various South Dakota higher education institutions and other grants to various South Dakota education institutions for educational programs, scholarships & technology improvements.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt05613217
IRS990/EscrowAccountLiabilityGrp/EOYAmt06221361
IRS990/ExpenseAmt01020000
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt038136
IRS990/FeesForServicesAccountingGrp/TotalAmt038136
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt029632
IRS990/FeesForServicesLegalGrp/TotalAmt029632
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0297015
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0297015
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Harvey C Jewett IV
IRS990/Form990PartVIISectionAGrp/PersonNm1Jack Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm2Mike Evans
IRS990/Form990PartVIISectionAGrp/PersonNm3Tim Kessler
IRS990/Form990PartVIISectionAGrp/PersonNm4Eldon Swingler
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President/Secretary/Treasu
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0305366
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt01020000
IRS990/GrantsPayableGrp/BOYAmt048457265
IRS990/GrantsPayableGrp/EOYAmt027878493
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0287022
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0287022
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01020000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01020000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05170026
IRS990/GrossReceiptsAmt06959569
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05906
IRS990/InsuranceGrp/TotalAmt05906
IRS990/InvestmentIncomeGrp/ExclusionAmt01549543
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01549543
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02681222
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02421768
IRS990/InvestmentsPubTradedSecGrp/BOYAmt041875784
IRS990/InvestmentsPubTradedSecGrp/EOYAmt040814704
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04864660
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To further and aid education in the State of South Dakota.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt026486954
IRS990/NetAssetsOrFundBalancesEOYAmt027023552
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0305366
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0305366
IRS990/NetUnrelatedBusTxblIncmAmt0-27073
IRS990/NetUnrlzdGainsLossesInvstAmt0119000
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05894582
IRS990/OtherAssetsTotalGrp/EOYAmt04805950
IRS990/OtherChangesInNetAssetsAmt0400
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02982300
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02901028
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05906
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08438
IRS990/PrincipalOfficerNm0Harvey C Jewett IV
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The South Dakota Partners in Education Fund awarded scholarships to 480 students.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0287022
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0287022
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0332350
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt028567802
IRS990/PYInvestmentIncomeAmt07601877
IRS990/PYOtherExpensesAmt0448231
IRS990/PYOtherRevenueAmt03205659
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-17876147
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt029016033
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011139886
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0417198
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt026486954
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt027023552
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027117642
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010171518
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The supported organizations are identified by class. Based on the Foundation's governing documents, the Foundation is organized and shall be operated to benefit and carry out the purposes of the State of South Dakota through financial aid and other assistance to students and to publicly supported schools, colleges, universities, and other educational institutions located in the State of South Dakota.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The publicly supported schools, colleges and universities are not required to obtain recognition of their public charity status because they are governmental entities.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2Harvey Jewett is the current Chairman, Secretary, and Treasurer of the Foundation and has served on the board of directors since his appointment by the Governor of South Dakota in 1998. Harvey also served on the South Dakota Board of Regents (the main supported organization) for over twenty years until his retirement in June 2017. The Board of Regents controls the State of South Dakota's colleges and universities. Based on Harvey serving as the Foundation's chairman and his involvement with the Board of Regents, he has significant input into the grant-making decisions of the Foundation. Harvey continues to be involved in the activities of the South Dakota Board of Regents, meeting with them several times throughout the year to coordinate projects being funded by the Foundation that will be facilities and improvements in the State's university system. In addition in 2018, Harvey co-chaired, with South Dakota's Speaker of the House, a committee to review and evaluate the College of Law at the University of South Dakota and recommended changes in operations, faculty staff, curriculum and location. The University of South Dakota is administered by the SD Board of Regents.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 1:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section A, Line 2:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Part IV, Section C, Line 1:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt05
IRS990ScheduleA/SupportedOrganizationsTotalCnt05
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0460336005
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1460419119
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2466000364
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3911806433
IRS990ScheduleA/SupportedOrgInformationGrp/EIN4466000912
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd10
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd20
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd30
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd40
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd26
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd32
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd46
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt040000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt15000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt2905000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt330000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt440000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Educational Institutions
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1Educational Institutions
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2Educational InstitutionsGovernmental Entity
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3Educational Institutions
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4Educational InstitutionsGovernmental Entity
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt01020000
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/ExpensesNotReportedAmt0-400
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01677711
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0119000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04554218
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1251732
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0AMOUNTS HELD FOR DAKOTA CORPS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST RECEIVABLE
IRS990ScheduleD/OtherExpensesIncludedAmt0-400
IRS990ScheduleD/RevenueNotReportedAmt0119000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02094909
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Dakota Corps Scholarship Fund is used to account for scholarship funds of the State of South Dakota. The Great Plains Education Foundation holds the fund's assets in a custodial capacity. Agency funds are accounted for using the modified accrual basis of accounting. Because agency funds are custodial in nature, they do not measure results of operations or have a measurement focus.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Refund of prior year grants -400.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04805950
IRS990ScheduleD/TotalExpensesPerForm990Amt01677711
IRS990ScheduleD/TotalRevenuePerForm990Amt02094909
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02213909
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01677311
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0287022
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0480
IRS990ScheduleI/RecipientTable/CashGrantAmt040000
IRS990ScheduleI/RecipientTable/CashGrantAmt15000
IRS990ScheduleI/RecipientTable/CashGrantAmt230000
IRS990ScheduleI/RecipientTable/CashGrantAmt340000
IRS990ScheduleI/RecipientTable/CashGrantAmt4405000
IRS990ScheduleI/RecipientTable/CashGrantAmt5500000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3Government
IRS990ScheduleI/RecipientTable/IRCSectionDesc4Government
IRS990ScheduleI/RecipientTable/IRCSectionDesc5Government
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Educational programming
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Scholarship Fund
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Tuition Assistance Program
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Tutoring program.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Law School Scholarships
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Fiber Optic Cable Data Network
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Aberdeen Catholic School System
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SPURs Therapeutic Riding
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Aberdeen Christian School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Aberdeen School District
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4University of South Dakota
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5South Dakota Board of Regents
IRS990ScheduleI/RecipientTable/RecipientEIN0460336005
IRS990ScheduleI/RecipientTable/RecipientEIN1460419119
IRS990ScheduleI/RecipientTable/RecipientEIN2911806433
IRS990ScheduleI/RecipientTable/RecipientEIN3466000912
IRS990ScheduleI/RecipientTable/RecipientEIN4466000364
IRS990ScheduleI/RecipientTable/RecipientEIN5466000364
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01400 North Dakota Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt138815 130th Street PO Box 430
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21500 N Hwy 281
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32200 South Roosevelt Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4414 East Clark St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5306 E Capitol Ave 200
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Aberdeen
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Aberdeen
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Aberdeen
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Aberdeen
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Vermillion
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Pierre
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1SD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2SD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3SD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4SD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057401
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd157401
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd257401
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd357401
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd457069
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd557501
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Requests for grant funds are accumulated by the Trustee and presented to the Foundation Board of Directors for approval. For approved grant requests, the Trustee requires documentation of expenditures prior to funding the grant requests. For grant requests covering multiple years, expenditure substantiation is required on an annual basis prior to funding the grant requests. Since funds are provided after expenditure by the grantee, the Foundation is able to monitor the use of the funds.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt05
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The draft 990 is provided to the Foundation's President, Secretary/Treasurer for review and signature. The Foundation board will review the Form 990 at the first meeting after the Form 990 is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Governing documents and financial statements are available at the office in the event an appropriate request is made.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Tuition returned 400.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SD State Board of Regents & other Educational Institutions
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0466000364
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0Government
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Foundation financially supports educational activities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0306 East Capitol Avenue Suite 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Pierre
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0575012545
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$61,123,406
Liabilities
$34,099,854
Net assets
$27,023,552
Revenue
$2,094,909
Expenses
$1,677,711
Net income
$417,198
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$30.9$4.28$26.6$1.03$0.48$0.56
2023Detailed filing. Detailed filing data is available for this year.$35.9$11.4$24.6$4.35$3.86$0.49
2022Detailed filing. Detailed filing data is available for this year.$32.4$8.68$23.7$5.30$0.93$4.37
2021Detailed filing. Detailed filing data is available for this year.$30.2$9.25$20.9$5.21$0.94$4.27
2020Detailed filing. Detailed filing data is available for this year.$39.4$21.1$18.3$3.74$12.4$8.67
2019Detailed filing. Detailed filing data is available for this year.$43.0$15.4$27.6$3.30$1.52$1.78
2018Detailed filing. Detailed filing data is available for this year.$61.1$34.1$27.0$2.09$1.68$0.42
2017Detailed filing. Detailed filing data is available for this year.$80.6$54.1$26.5$11.1$29.0$17.9
2016Detailed filing. Detailed filing data is available for this year.$76.0$27.6$48.3$2.11$22.0$19.9
2015Detailed filing. Detailed filing data is available for this year.$75.3$6.80$68.5$4.62$6.99$2.37
2014Detailed filing. Detailed filing data is available for this year.$83.0$8.97$74.0$2.88$2.33$0.55
2013Summary only. Only limited summary data is available for this year.$75.7$9.50$66.2$2.94$6.23$3.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.2$3.98$66.2$1.27
2011Summary only. Only limited summary data is available for this year.$72.9$3.72$69.1$4.40$1.11$3.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.8$4.27$59.5$1.96