South Dakota Community Foundation
Nonprofit profile at a glance
- EIN
- 460398115
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Pierre, SD, USA
- Phone
- (605) 224-1025
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $60,086,934
- Expenses
- $45,227,892
- Assets
- $939,178,015
- Liabilities
- $71,322,416
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- Stephanie Judson (President)
Highest reported compensation
- Stephanie Judson (President): $509,618 total reported compensation
- Clayton Cudmore (Chief Financial & Administrative Officer): $336,285 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote philanthropy, receive and administer charitable gifts, and invest in a wide range of programs benefitting the people of South Dakota.
What it reported doing in 2024
The South Dakota community foundation is the only community foundation in South Dakota with a statewide focus. Established as a public nonprofit in 1987 under the vision of governor mickelson, the foundation provides grants to charitable organizations across the state in support of charitable, economic development, human services, health, education, and cultural programs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 84
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.8%; rating input score 86
- Program expense ratio: 94%; rating input score 94
- Fundraising efficiency: $20.91 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 95.9%; rating input score 96; 29th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 24.7%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 20.77; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 86; 86th percentile among comparable filings
- Officer compensation ratio: 3.8%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 17.5% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 12.5% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 15% per year; rating input score 100; 86th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 85.8% of revenue deployed · 94% of spending went to programs
- Governance: 20 of 20 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $42.5M in reported program spending
- Leadership: top reported pay $510K · 27 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $835K reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 397 filed money-flow records
- Related organizations: 390 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 59/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.