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 General Support NTEE: DEFAULT 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.

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/HUMAN SERVICE
$127,375 2 grants
Health/Human Service
$80,000 1 grant
GENERAL SUPPORT
$38,209 3 grants
YOUTH DEVELOPMENT
$20,000 2 grants
PUBLIC AND SOCIETAL BENEFIT
$17,500 1 grant

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.

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