Public Charity

DAKOTA STATE UNIVERSITY FOUNDATION

DAKOTA STATE UNIVERSITY FOUNDATION is a nonprofit organization categorized as Public Charity based in MADISON, SD. Its most recent IRS filing (2025) reports revenue of $8.2M, expenses of $9.4M, total assets of $81.8M. Imperigo tracks 28 reported grant relationships connected to this organization totaling approximately $23.4M.

EIN: 237299995 MADISON, SD Universities NTEE: B43 Latest filing: 2025
Total Revenue$8.2M
Total Expenses$9.4M
Total Assets$81.8M
Grant Records28
Funding Total$23.4M
Filing Years2021–2025

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.

Where $100 goes at Dakota State University Foundation

How Dakota State University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$86 Programs the work itself
$13 Management running the organization
$1 Fundraising raising the next dollar

Inside the $86 for programs

$63
Expenditures for the general support of dsu including
74% of program spending
$23
The foundation assists in making payments to or on behalf of dakota state university for scholarships
26% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Bob Casagrande
CHAIR Dave Geiver
TRUSTEE Delon Mork
TRUSTEE Erin Nielsen
TRUSTEE Floyd Rummel
TRUSTEE Hali Mcclelland Diggs

Officer compensation and complete director data available with membership.

Top Grant Purposes

Sports & Recreation
$15,535,000 2 grants
Education
$5,701,733 8 grants
Fundraising & Sponsorship
$1,210,000 1 grant
General Support
$956,855 16 grants

Financial Trends

Year Revenue Expenses Assets
2025 $8.2M $9.4M $81.8M
2024 $10.2M $28.0M $102.2M
2023 $5.9M $13.7M $96.1M
2022 $5.7M $2.9M $118.0M
2021 $15.2M $2.6M $48.5M

Between 2021 and 2025, reported annual revenue declined from $15.2M to $8.2M (-46%), with total assets most recently reported at $81.8M.

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

See the full picture for DAKOTA STATE UNIVERSITY FOUNDATION

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