Community Foundation

Milbank Community Foundation

Milbank Community Foundation is a nonprofit organization categorized as Community Foundation based in Milbank, SD. Its most recent IRS filing (2022) reports revenue of $208K, expenses of $790K. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $310K.

EIN: 460427565 Milbank, SD Latest filing: 2022
Total Revenue$208K
Total Expenses$790K
Grant Records12
Funding Total$310K
Filing Years2017–2022

Mission

The mission of the Milbank Community Foundation is to provide the opportunity for philanthropic investment in our community; demonstrate leadership in the areas of education, social & economic development; & promote the quality of life to the residents of the Milbank area.

Where $100 goes at Milbank Community Foundation

How Milbank Community Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$88 Programs the work itself
$7 Management running the organization
$5 Fundraising raising the next dollar

Inside the $88 for programs

$88
Various programs and scholarships are provided for the benefit of residents of the Grant County, South Dakota area
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Finance Director Craig Wellnitz
Director Doug Stengel
Secretary/Treasurer Greg Thomas
Director Jeff Jones
Vice President Mark Bierschbach
President Mark Leddy

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$207,375 3 grants
General Support
$82,747 7 grants
Youth Development
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2022 $208K $790K —
2020 $-1.0M $851K $1.4M
2019 $782K $853K $3.2M
2018 $851K $909K $3.3M
2017 $822K $843K $3.3M

Between 2017 and 2022, reported annual revenue declined from $822K to $208K (-75%).

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Milbank Community Foundation

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