Public Charity

BLACK HILLS STATE UNIVERSITY FOUNDATION

BLACK HILLS STATE UNIVERSITY FOUNDATION is a Public Charity headquartered in SPEARFISH, SD. Financial data from the 2024 filing: $19.9M revenue, $5.3M expenses, $50.7M total assets. 51 publicly reported grants to this organization, totaling roughly $17.7M, appear in IRS filings.

EIN: 237428348 SPEARFISH, SD Single Organization Support NTEE: B11 Latest filing: 2024
Total Revenue$19.9M
Total Expenses$5.3M
Total Assets$50.7M
Grant Records51
Funding Total$17.7M
Filing Years2019–2024

Mission

TO PROVIDE PRIVATE GIFT SUPPORT FOR BHSU. THE FOUNDATION'S PURPOSE IS TO COMMUNICIATE THIS TO ALUMNI, PARENTS, FRIENDS, CORPORATIONS, AND FOUNDATIONS TO OBTAIN AWARENES, UNDERSTANDING, ACCEPTANCE, AND SUPPORT. THE FOUNDATION ALSO ADDRESSES BOTH THE SHORT-TERM OPERATING AND LONG-TERM CAPITAL AND ENDOWMENT NEEDS OF BHSU.

Where $100 goes at Black Hills State University Foundation

How Black Hills State University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$84 Programs the work itself
$12 Management running the organization
$4 Fundraising raising the next dollar

Inside the $84 for programs

$49
Provide scholarships and awards to students of black hills state university
59% of program spending · Reported in the filing: 962 scholarships
$31
Institutional support of management and special projects related to black hills state university
37% of program spending
$2
Develop and maintain relationships with alumni of bhsu
2% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Ashley Pearson
BOARD MEMBER Beth Benning
BOARD MEMBER Beth Mathis
BOARD MEMBER Bill Hughes Passed Away 32025
BOARD MEMBER Bob Young
BOARD MEMBER Craig Katt

Officer compensation and complete director data available with membership.

Top Grant Purposes

Sports & Recreation
$3,526,250 5 grants
Education
$1,040,690 19 grants
General Support
$372,906 20 grants
Human & Social Services
$19,000 2 grants
Youth Development
$13,300 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $19.9M $5.3M $50.7M
2023 $5.2M $2.9M $40.8M
2022 $4.3M $2.0M $32.9M
2020 $3.9M $1.9M $29.5M
2019 $2.1M $1.9M $25.6M

Between 2019 and 2024, reported annual revenue grew from $2.1M to $19.9M (+848%), with total assets most recently reported at $50.7M.

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

See the full picture for BLACK HILLS STATE UNIVERSITY FOUNDATION

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