EIN 46-6018891

University of South Dakota Foundation (USDF)

IRS 501(c) type
501(c)(3)
Num. employees
45
City
Vermillion
Year formed
1928
Most recent tax filings
2023-12-01
Description
University of South Dakota Foundation's mission is to provide private resources for the University of South Dakota to increase the excellence of its students’ educational experience.
Total revenues
$28,171,802
2023
Total expenses
$31,652,541
2023
Total assets
$354,810,157
2023
Num. employees
45
2023

Program areas at USDF

Provide scholarship funds to increase the academic excellence of the student body and the quality of their educational experience. Scholarships are awarded for both recruiting and retention purposes. $11.1 million and $10.8 million in scholarships were awarded as of december 31, 2023 and 2022, respectively. This level of funding represents an increase of 13.1% over the last 5 years.
Provide funds to support academic faculty through salary augmentation, research and professional development, support of student travel and research, and support of usd museums and various auxiliary programs. In 2023, $6 million was provided to support these needs.
Provide funds to construct new campus facilities and restore, repair and maintain existing facilities. The Foundation has been instrumental in a major renovation and reconstruction plan for facilities at usd. Since 1996, $111.2 million has been provided for facilities that haveenhanced the students' educational experience and opportunities.

Grants made by USDF

GranteeGrant descriptionAmount
South Dakota State Medical Association FoundationStudent Support$26,514
The Black Hills PlayhouseScholarships/program Support$18,142
Vermillion Chamber and DevelopmentProgram Support$15,000

Who funds University of South Dakota Foundation (USDF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Sanford Tax GroupEconomic Development, Health Professions Education, Research, Workforce Development$3,446,227
Alumni Association of the University of South DakotaEndowment for Scholarships of Usd Alumni Children$1,197,534
Edgar W Freeman Charitable TrustFunding Support$263,152
...and 37 more grants received totalling $5,912,424

Personnel at USDF

NameTitleCompensation
Noah ShepardPresident and Chief Executive Officer$143,398
Christine TjelmelandChief Financial Officer$253,243
Peggy MachVice President of Finance$126,489
Stephanie AustinVice President of Advancement Services and Communications
Christopher KassinVice President of Corporate Relations$137,072
...and 17 more key personnel

Financials for USDF

RevenuesFYE 12/2023
Total grants, contributions, etc.$17,460,684
Program services$717,824
Investment income and dividends$9,475,296
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$14,319
Net gain from sale of non-inventory assets$526,911
Net income from fundraising events$-32,301
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$9,069
Total revenues$28,171,802

Form 990s for USDF

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-15990View PDF
2022-122023-10-12990View PDF
2021-122022-11-03990View PDF
2020-122021-10-18990View PDF
2019-122021-02-19990View PDF
...and 15 more Form 990s
Data update history
December 17, 2024
Updated personnel
Identified 37 new personnel
December 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 5 new personnel
November 27, 2024
Used new vendors
Identified 2 new vendors, including , and
November 26, 2024
Received grants
Identified 9 new grant, including a grant for $50,206 from South Dakota Community Foundation (SDCF)
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Political advocacyProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringGala fundraisersAuction fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
1110 N Dakota
Vermillion, SD 57069
County
Clay County, SD
Website URL
usdalumni.com/about/volunteer-leadership 
Phone
(605) 677-6703
IRS details
EIN
46-6018891
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1928
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0172953
FTB Entity ID
3436030
AB 488 data last updated ("as-of") date
2025-01-15
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