Sd Foundation

“The draft of the annual Form 990 is provided to all board members prior to filing with the IRS.”

“The organization has a conflict of interest policy in which all board members, officers and key employees are required to report any conflicts of interest.”

“The compensation of the Executive Director and other employees are benchmarked with other like organizations while considering our ambition to recruit the kind of talent needed as an organization, independently, without the participation of interested persons.”

“The organization makes it governing documents, conflict of interest policy, and financial statements available to the public upon request as required by law.”

“SD Foundation is amending its previously filed 2023 return to account for audited financial statements that were issued after the final due date of the Form 990. Form 990, Part III, Line 4a - Statement of Program Service Accomplishments: State Policy Change Expenses As Amended: $2,541,475 Expenses As Originally Filed: $2,401,820 Change: $139,655 Form 990, Part III, Line 4b - Statement of Program Service Accomplishments: National Policy Analysis Expenses As Amended: $1,104,871 Expenses As Originally Filed: $1,104,849 Change: $22 Form 990, Part III, Line 4c - Statement of Program Service Accomplishments: Public Education Expenses As Amended: $900,454 Expenses As Originally Filed: $900,428 Change: $26 Form 990, Part III, Line 4d - Other program services Expenses As Amended: $545,423 Expenses As Originally Filed: $545,409 Change: $14 Form 990, Part III, Line 4e - Total program service expenses Expenses As Amended: $5,092,223 Expenses As Originally Filed: $4,952,506 Change: $139,717 Form 990, Part VIII, Line 1f - All other contributions, gifts, grants, and similar amounts not included above As Amended: $7,441,411 As Originally Filed: $6,891,411 Change: $550,000 Form 990, Part VIII, Line 1h - All other contributions, gifts, grants, and similar amounts not included above As Amended: $7,441,411 As Originally Filed: $6,891,411 Change: $550,000 Form 990, Part IX, Column (a), Line 7 - Other salaries and wages As Amended: $3,619,332 As Originally Filed: $3,688,375 Change: $-69,043 Form 990, Part IX, Column (b), Line 7 - Other salaries and wages As Amended: $2,201,024 As Originally Filed: $2,210,127 Change: $-9,103 Form 990, Part IX, Column (c), Line 7 - Other salaries and wages As Amended: $834,659 As Originally Filed: $892,186 Change: $-57,527 Form 990, Part IX, Column (d), Line 7 - Other salaries and wages As Amended: $583,649 As Originally Filed: $586,062 Change: $-2,413 Form 990, Part IX, Column (b), Line 8 - Pension plan accruals and contributions As Amended: $53,208 As Originally Filed: $52,428 Change: $780 Form 990, Part IX, Column (c), Line 8 - Pension plan accruals and contributions As Amended: $20,177 As Originally Filed: $21,164 Change: $-987 Form 990, Part IX, Column (d), Line 8 - Pension plan accruals and contributions As Amended: $14,109 As Originally Filed: $13,902 Change: $207 Form 990, Part IX, Column (a), Line 9 - Other employee benefits As Amended: $576,854 As Originally Filed: $576,853 Change: $1 Form 990, Part IX, Column (b), Line 9 - Other employee benefits As Amended: $350,802 As Originally Filed: $345,659 Change: $5,143 Form 990, Part IX, Column (c), Line 9 - Other employee benefits As Amended: $133,029 As Originally Filed: $139,535 Change: $-6,506 Form 990, Part IX, Column (d), Line 9 - Other employee benefits As Amended: $93,023 As Originally Filed: $91,659 Change: $1,364 Form 990, Part IX, Column (b), Line 10 - Payroll taxes As Amended: $183,562 As Originally Filed: $180,870 Change: $2,692 Form 990, Part IX, Column (c), Line 10 - Payroll taxes As Amended: $69,609 As Originally Filed: $73,014 Change: $-3,405 Form 990, Part IX, Column (d), Line 10 - Payroll taxes As Amended: $48,675 As Originally Filed: $47,962 Change: $713 Form 990, Part IX, Column (a), Line 11e - Professional fundraising services As Amended: $0 As Originally Filed: $65,917 Change: $-65,917 Form 990, Part IX, Column (d), Line 11e - Professional fundraising services As Amended: $0 As Originally Filed: $65,917 Change: $-65,917 Form 990, Part IX, Column (a), Line 11g - Other As Amended: $1,450,670 As Originally Filed: $1,309,753 Change: $140,917 Form 990, Part IX, Column (b), Line 11g - Other As Amended: $1,425,586 As Originally Filed: $1,285,966 Change: $139,620 Form 990, Part IX, Column (d), Line 11g - Other As Amended: $17,182 As Originally Filed: $15,885 Change: $1,297 Form 990, Part IX, Column (a), Line 14 - Information technology As Amended: $135,493 As Originally Filed: $135,494 Change: $-1 Form 990, Part IX, Column (b), Line 14 - Information”

“Form 990, Part IX, Column (a), Line 25 - Total functional expenses As Amended: $7,371,161 As Originally Filed: $7,365,204 Change: $5,957 Form 990, Part IX, Column (b), Line 25 - Total functional expenses As Amended: $5,092,223 As Originally Filed: $4,952,506 Change: $139,717 Form 990, Part IX, Column (c), Line 25 - Total functional expenses As Amended: $1,491,650 As Originally Filed: $1,560,816 Change: $-69,166 Form 990, Part IX, Column (d), Line 25 - Total functional expenses As Amended: $787,288 As Originally Filed: $851,882 Change: $-64,594 Form 990, Part X, Column (b), Line 1 - Cash - non-interest-bearing As Amended: $852,371 As Originally Filed: $402,371 Change: $450,000 Form 990, Part X, Line 10b - Less: accumulated depreciation As Amended: $0 As Originally Filed: $10,991 Change: $-10,991 Form 990, Part X, Column (b), Line 10c As Amended: $30,446 As Originally Filed: $19,455 Change: $10,991 Form 990, Part X, Column (b), Line 14 - Intangible assets As Amended: $21,982 As Originally Filed: $32,973 Change: $-10,991 Form 990, Part X, Column (b), Line 15 - Other assets As Amended: $4,170 As Originally Filed: $391,617 Change: $-387,447 Form 990, Part X, Column (b), Line 16 - Total assets As Amended: $2,108,137 As Originally Filed: $1,570,584 Change: $537,553 Form 990, Part X, Column (b), Line 17 - Accounts payable and accrued expenses As Amended: $428,910 As Originally Filed: $435,400 Change: $-6,490 Form 990, Part X, Column (b), Line 26 - Total liabilities As Amended: $468,910 As Originally Filed: $475,400 Change: $-6,490 Form 990, Part X, Column (b), Line 27 - Net assets without donor restrictions As Amended: $1,639,227 As Originally Filed: $1,095,184 Change: $544,043 Form 990, Part X, Column (b), Line 32 - Total net assets or fund balances As Amended: $1,639,227 As Originally Filed: $1,095,184 Change: $544,043 Form 990, Part X, Column (b), Line 33 - Total liabilities and net assets/fund balances As Amended: $2,108,137 As Originally Filed: $1,570,584 Change: $537,553 Form 990, Part XI, Line 1 - Total revenue As Amended: $7,441,411 As Originally Filed: $6,891,411 Change: $550,000 Form 990, Part XI, Line 2 - Total expenses As Amended: $7,371,161 As Originally Filed: $7,365,204 Change: $5,957 Form 990, Part XI, Line 3 - Revenue less expenses As Amended: $70,250 As Originally Filed: $-473,793 Change: $544,043 Form 990, Part XI, Line 10 - Net assets or fund balances at end of year As Amended: $1,639,227 As Originally Filed: $1,095,184 Change: $544,043 Form 990, Schedule A, Part II, Section A, Column (e), Line 1 - Gifts, grants, contributions, and membership fees received As Amended: $7,441,411 As Originally Filed: $6,891,411 Change: $550,000 Form 990, Schedule A, Part II, Section A, Column (f), Line 1 - Gifts, grants, contributions, and membership fees received As Amended: $12,904,799 As Originally Filed: $12,354,799 Change: $550,000 Form 990, Schedule A, Part II, Section A, Column (e), Line 4 - Total As Amended: $7,441,411 As Originally Filed: $6,891,411 Change: $550,000 Form 990, Schedule A, Part II, Section A, Column (f), Line 4 - Total As Amended: $12,904,799 As Originally Filed: $12,354,799 Change: $550,000 Form 990, Schedule A, Part II, Section A, Column (f), Line 5 - The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) As Amended: $7,195,608 As Originally Filed: $7,293,198 Change: $-97,590 Form 990, Schedule A, Part II, Section A, Column (e), Line 6 - Public Support As Amended: $5,709,191 As Originally Filed: $5,061,601 Change: $647,590 Form 990, Schedule A, Part II, Section A, Column (e), Line 7 - Amounts from line 4 As Amended: $7,441,411 As Originally Filed: $6,891,411 Change: $550,000 Form 990, Schedule A, Part II, Section A, Column (f), Line 7 - Amounts from line 4 As Amended: $12,904,799 As Originally Filed: $12,354,799 Change: $550,000 Form 990, Schedule B, Part I, #13 As Ame”

“Consultants: Program service expenses 1,425,586. Management and general expenses 7,902. Fundraising expenses 17,182. Total expenses 1,450,670.”

“There were no changes to the organization's oversight process or selection process during the year.”