2020-11-09T09:09:56-06:00 2019-12-31 450250958 EIDE BAILLY LLP 200 E 10TH ST STE 500 SIOUX FALLS SD 571046375 990 2019-01-01 460273801 SOUTH DAKOTA STATE UNIVERSITY FOUNDATION SOUT 6056977475 815 MEDARY AVENUE BOX 525 BROOKINGS SD 570061303 TIM DWIRE VP OF OPERATIONS & FINANCE 6056977475 2020-11-03 1 LAURIE HANSON P00851848 6053391999 2020-11-03 184.83.199.194 2020-11-03 14:06:14 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 50CCFF325394DF76E401CCE6D67578A0FB45D135 2019 2021-01-29 14:40:06Z STEVE ERPENBACH 815 MEDARY AVENUE BOX 525 BROOKINGS SD 570061303 84029694 0 X WWW.SDSTATEFOUNDATION.ORG X 1945 SD UNITING THE DREAMS OF OUR STUDENTS, UNIVERSITY, AND DONORS TO BUILD A BETTER SDSU. 13 12 46 103 -122217 -135482 41101846 46905198 1755650 2314693 4842114 8055973 537756 703000 48237366 57978864 39989830 20695058 0 0 3435922 3824865 0 0 3315079 3481738 3532130 46907490 28052053 1329876 29926811 221617904 252841362 41983336 31440106 179634568 221401256 ENHANCING EXCELLENCE BY CULTIVATING GENEROSITY AND TREASURING THE LOYALTY OF ALL WE SERVE. 0 0 20695058 20695058 1900000 TO UNITE THE DREAMS OF OUR STUDENTS, UNIVERSITY, AND DONORS TO BUILD A BETTER SDSU. APPROXIMATELY $5.9 MILLION IN SCHOLARSHIPS WERE AWARDED, $4.9 MILLION IN DEPARTMENTAL PROGRAMS WERE FUNDED, AND $9.7 MILLION IN CAPITAL PROJECTS WERE FUNDED DURING 2019. 20695058 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 1 104 0 1 46 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 0 0 X 13 12 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 1 1 CA FL HI IL KY MA MD MI MN NH NJ NY OR SC UT X TIM DWIRE 6056977475 815 MEDARY AVENUE BOX 525 BROOKINGS SD 570061303 STEVE ERPENBACH PRESIDENT/CEO 55.00 X 202709 0 56079 TIM DWIRE VP OF OPERATIONS & FINANCE 55.00 X 165433 0 35479 KEITH MAHLUM VP OF DEVELOPMENT 55.00 X 144278 0 48111 MARC LITTLECOTT DIRECTOR OF GIFT PLANNING 55.00 X 133663 0 19125 MICHAEL BIRGEN ASSOC VP FOR DEVELOPMENT 55.00 X 109211 0 16936 BOB SCHMIDT CHAIR 1.00 X X 0 0 0 JON BROWN CHAIR-ELECT 1.00 X X 0 0 0 KEITH BARTELS BOARD MEMBER 1.00 X 0 0 0 MARC MOONEY BOARD MEMBER 1.00 X 0 0 0 RITA EDWARDS BOARD MEMBER 1.00 X 0 0 0 GORDON NIVA BOARD MEMBER 1.00 X 0 0 0 CATHY VANDER WAL-ROUNDS BOARD MEMBER 1.00 X 0 0 0 KEVIN TETZLAFF BOARD MEMBER 1.00 X 0 0 0 MARY HOWARD BOARD MEMBER 1.00 X 0 0 0 MARK WAHLSTROM BOARD MEMBER 1.00 X 0 0 0 JERRY LOHR BOARD MEMBER 1.00 X 0 0 0 DANA DYKHOUSE BOARD MEMBER 1.00 X 0 0 0 TRAVYS HARVEY-KING BOARD MEMBER 1.00 X 0 0 0 755294 0 175730 5 0 1 0 ARAMARK SSU 155 BOX 2815B BROOKINGS SD 57007 FOOD SERVICES 354299 ROUNDS CONSTRUCTION 1124 34TH AVENUE BROOKINGS SD 57006 CONSTRUCTION 318560 BLACKBAUD PO BOX 930256 ATLANTA GA 311930256 SOFTWARE SUPPORT 164307 FIRST BANK & TRUST WEALTH MANAGEMENT PO BOX 5057 BROOKINGS SD 57006 FIDUCIARY FEES 130963 THE CELLBLOCK CHICAGO LIMITED PARTNERSHI 165 WEST 46TH ST STE 1202 NEW YORK NY 10036 PERFORMING ARTS 120000 5 46905198 10514138 46905198 SUPPORT SERVICES 900099 1900000 1900000 INVESTMENT IN SUBSIDIARY 561000 -316366 -122217 -194149 731059 731059 2314693 3684812 3684812 703000 0 703000 703000 703000 29909760 512231 25463862 586968 4445898 -74737 4371161 4371161 57978864 2631059 -122217 8564824 20695058 20695058 460616 330993 129623 2687063 1261747 1425316 150773 72813 77960 322162 158124 164038 204251 102861 101390 17466 9256 8210 65379 64016 1363 217768 155518 62250 230553 11268 219285 66852 52092 14760 403006 235521 167485 302134 267054 35080 260863 225306 35557 140844 11358 129486 25208 6927 18281 238344 238344 647245 647245 54305 30894 23411 HOSPITALITY 200963 6525 194438 RECOGNITION AND MEMORIA 187991 105326 82665 DUES AND SUBSCRIPTIONS 51751 37037 14714 421458 11691 409767 28052053 20695058 4041916 3315079 13281702 10752724 22600901 23018461 10201704 9966927 121783 124836 24924142 3147666 19903292 21776476 126326643 157121625 1375942 1374911 27805937 28705402 221617904 252841362 3110827 3263805 7489554 0 17792615 15211253 5579727 5295887 8010613 7669161 41983336 31440106 X -12192123 -11609263 191826691 233010519 179634568 221401256 221617904 252841362 X 29926811 10657863 1182014 X 0 1 X 1 0 X 24853122 40359623 27121006 41101846 46905198 180340795 24853122 40359623 27121006 41101846 46905198 180340795 13963906 166376889 2866951 2939131 2791129 2791129 4387812 15776152 1170571 1220000 1437500 1722500 1900000 7450571 203567518 0.81730 0.82310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 141856480 23444485 17902339 5369217 265628 2225811 175342648 142602732 12887239 -5814745 5489251 271131 2058364 141856480 125897148 6880299 16226382 4600070 22662 1778365 142602732 117943260 8259556 6190170 4857078 24748 1614012 125897148 119859579 5400954 -2215637 3456818 20391 1624427 117943260 0.00180 0.97670 0.02150 0 0 4775114 1607081 6382195 2314683 11040108 1982809 11371982 4007021 1072037 2934984 1078696 101439 92820 1087315 21776476 TRUSTS HELD BY OTHERS 4522055 LIFE ESTATES 5552402 INVESTMENT IN SUBSIDIARIES 797854 CASH SURRENDER VALUE OF LIFE INSURANCE 558245 BENEFICIAL INTEREST IN PERPETUAL TRUST 1085309 OTHER INVESTMENTS IN ANNUITIES, TRUSTS & ENDOWMENT POOLS 16189537 28705402 INVESTMENTS HELD FOR OTHERS 280094 GIFT ANNUITIES, LIFE INCOME AGREEMENTS, AND LIFE ESTATES 7389067 7669161 X PART V, LINE 4: TO ASSIST IN FULFILLING THE FOUNDATION'S MISSION OF UNITING THE DREAMS OF OUR STUDENTS, UNIVERSITY, AND DONORS TO BUILD A BETTER SDSU, THROUGH SCHOLARSHIPS AND DEPARTMENTAL PROGRAMS. PART X, LINE 2: THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2019 AND 2018 THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES WILL BE RECOGNIZED IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 12048497 0 0 0 0 0 0 12048497 0 12048497 1 0 1 1 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV: THE FOUNDATION REVIEWS ITS DIRECT AND INDIRECT INVESTMENTS DURING THE TAX PERIOD FOR DETERMINING REQUIRED FOREIGN FILINGS. THE FOUNDATION'S OWNERSHIP INTERESTS IN FOREIGN CORPORATIONS DO NOT REQUIRE A FORM 5471 TO BE FILED. THE FOUNDATION INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE FOUNDATION DID NOT FILE FORM 8621S FOR THE INVESTMENT PARTNERSHIPS AS THE UNDERLYING INVESTMENTS DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. THE FOUNDATION DID NOT FILE FORM 8865 AS ALL TRANSFERS WERE BELOW THE REPORTING THRESHOLD. 1 SD THETA HOUSE CORPORATION 5609 S JOHN AVENUE SIOUX FALLS SD 57106 460342550 501(C)(7) 16300 CONSTRUCTION COSTS FOR EDUCATIONAL SPACE SOUTH DAKOTA STATE UNIVERSITY PO BOX 2201 BROOKINGS SD 57007 466000364 GOVERNMENTAL 20543779 GIFTS, GRANTS, SCHOLARSHIPS; SDSU DEPT EXPENSES, BUILDING & EQUIPMENT PURCHASES. SDSU ALUMNI ASSOCIATION 815 MEDARY AVENUE BROOKINGS SD 57006 411866674 501(C)(3) 8760 PROGRAM SUPPORT BROOKINGS ART COUNCIL 524 4TH STREET BROOKINGS SD 57006 460335577 501(C)(3) 5000 PROGRAM SUPPORT ROBERTS COUNTY 4-H 411 2ND AVENUE E SUITE 14A SISSETON SD 57262 813535948 GOVERNMENTAL 33000 PROGRAM SUPPORT SANTA CATALINA SCHOOL 1500 MARK THOMPSON DRIVE MONTEREY CA 93940 941156652 501(C)(3) 50000 PROGRAM SUPPORT SIOUX FALLS CATHOLIC SCHOOL FOUNDATION INC 3100 W 41ST STREET SIOUX FALLS SD 57105 510145184 501(C)(3) 27509 PROGRAM SUPPORT THE GREATER DES MOINES COMMUNITY FOUNDATION 1915 GRAND AVENUE PO BOX 7271 DES MOINES IA 503097271 426139033 501(C)(3) 5000 PROGRAM SUPPORT 7 1 PART I, LINE 2: FUNDS MADE AVAILABLE TO THE SDSU FOUNDATION ARE TYPICALLY RESTRICTED BY THE DONOR FOR SPECIFIC SCHOLARSHIPS AND/OR PROGRAMS. THE FOUNDATION PROVIDES THE SELECTION CRITERIA TO THE SDSU FINANCIAL AID OFFICE, WHO USES THIS TO DETERMINE ELIGIBILITY OF STUDENTS. THE FOUNDATION PROVIDES DONOR-IMPOSED RESTRICTIONS ON PROGRAM FUNDS TO THE DEPARTMENT HEADS AND LEADERSHIP OF SOUTH DAKOTA STATE UNIVERSITY. REQUESTS ARE MONITORED BY THE FOUNDATION FOR PROPER AUTHORIZATION AND UTILIZATION. SCHEDULE I PART II DISBURSEMENTS TO SOUTH DAKOTA STATE UNIVERSITY INCLUDED THE FOLLOWING: $5,909,033 FOR GIFTS, GRANTS AND SCHOLARSHIPS; $14,634,746 FOR DEPARTMENTAL EXPENSES, BUILDING AND EQUIPMENT PURCHASES. X X X X 0 0 0 0 0 0 0 0 0 STEVE ERPENBACH PRESIDENT/CEO 202709 0 0 0 0 0 13495 0 43042 0 259246 0 0 0 TIM DWIRE VP OF OPERATIONS & FINANCE 165433 0 0 0 0 0 10507 0 25430 0 201370 0 0 0 KEITH MAHLUM VP OF DEVELOPMENT 144278 0 0 0 0 0 9544 0 39024 0 192846 0 0 0 MARC LITTLECOTT DIRECTOR OF GIFT PLANNING 133663 0 0 0 0 0 8054 0 11483 0 153200 0 0 0 A BROOKINGS COUNTY 466000070 2007-06-28 10000000 BUILDING PROJECTS ON THE SDSU CAMPUS IN BROOKINGS, SD. 0 0 0 B CITY OF BROOKINGS 466000069 2017-12-22 9700000 BUILDING PROJECTS ON THE SDSU CAMPUS IN BROOKINGS, SD. 0 0 0 C BROOKINGS COUNTY 466000070 2017-12-01 10000000 BUILDING PROJECTS ON THE SDSU CAMPUS IN BROOKINGS, SD. 0 0 0 A 9861538 10000000 105085 9894915 2009 0 0 1 1 B 2096463 9700000 50000 9650000 2018 0 0 1 1 C 2530746 10000000 50000 9950000 2018 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 FORM 990, SCHEDULE K, PART II: THE FOUNDATION'S PRIMARY PURPOSE IS TO UNITE THE DREAMS OF OUR STUDENTS, UNIVERSITY, AND DONORS TO BUILD A BETTER SDSU. TO HELP ACCOMPLISH THIS, THE FOUNDATION FUNDED APPROXIMATELY $16,600,000 OF CAPITAL PROJECTS ON THE SDSU CAMPUS DURING 2010. THE PROCEEDS OF THIS $10,000,000 BOND ISSUANCE WERE USED IN FUNDING THAT OCCURRED DURING 2008 AND 2009. CATHY VANDER WAL-ROUNDS MEMBER OF BOARD OF GOVERNORS 318560 CONSTRUCTION OF PARKING LOT AND PLAZA 0 X 54 4361796 AVG HIGH/LOW DOT X 5 5915309 FMV X OTHER 121 153270 FMV X LIVESTOCK/GRAIN 12 83763 SELLING PRICE 0 0 1 1 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: AUCTION AND REALTOR SERVICES FOR LAND GIFTS FORM 990, PART VI, SECTION A, LINE 6 TRUSTEES OF THE FOUNDATION WILL CONSTITUTE THE MEMBERSHIP OF THE CORPORATION. THE COUNCIL OF TRUSTEES SHALL CONSIST OF NO MORE THAN 150 MEMBERS, ALTHOUGH THAT NUMBER MAY BE MODIFIED AT ANY TIME BY MAJORITY VOTE OF THE TRUSTEES. TRUSTEES SHALL BE ELECTED BY THE COUNCIL OF TRUSTEES DURING THE SPRING MEETING TO SERVE THREE YEAR TERMS. THERE ARE NO TERM LIMITS. TRUSTEES SHALL BEGIN THEIR TERM OF OFFICE ON JANUARY 1 FOLLOWING ELECTION. FORM 990, PART VI, SECTION A, LINE 7A THE BUSINESS AND AFFAIRS OF THE CORPORATION SHALL BE EXERCISED BY A BOARD OF GOVERNORS WHICH IS ELECTED BY THE COUNCIL OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES KEEP MINUTES OF THEIR MEETINGS, ALTHOUGH THERE IS NO COMMITTEE THAT HAS BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S FINANCE OFFICE REVIEWS THE 990 IN DETAIL, AND QUESTIONS ARE RESOLVED WITH THE GOVERNING BODY. THE ENTIRE 990 WAS PROVIDED TO THE BOARD OF GOVERNORS PRIOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS OFFICERS, DIRECTORS OR TRUSTEES. A REQUEST IS MADE ANNUALLY FOR ALL OFFICERS, DIRECTORS OR TRUSTEES TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST. THE BOARD MAKES A DETERMINATION OF WHETHER THERE IS A CONFLICT OF INTEREST AND IF SO, IMPLEMENTS THE PROCEDURE FOR EVALUATING THE ISSUE OR TRANSACTION INVOLVED. THE OFFICER, DIRECTOR OR TRUSTEE WITH THE CONFLICT MUST REFRAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION INCLUDES THE USE OF SUB-COMMITTEES, COMPENSATION STUDIES, AND JOB DESCRIPTIONS. THIS PROCESS IS UNDERTAKEN ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS 1,128,974. MEDARY AVIATION (SMLLC) 53,040. MEDARY AVIATION LLC 815 MEDARY AVENUE BROOKINGS SD 57006 AIRPLANE LEASING SD -53040 2021881 SDSU FOUNDATION MISSION HILLS PLAZA 2420 ENTERPRISE ROAD SUITE 105 CLEARWATER FL 33763 593110740 RENTAL ACTIVITY FL SOUTH DAKOTA STATE UNIVERSITY FOUNDATION EXCLUDED -2214 80800 0 1 0.50000 MIGHTY FLY SD INC 110 S PHILLIPS AVE SUITE 200 SIOUX FALLS SD 57104 411931279 LEASING OF AIRPLANES TO SDSU SD SDSU FOUNDATION C 122700 797854 1.00000 1 CHARITABLE REMAINDER TRUSTS (36) CHARITABLE REMAINDER TRUST SD N/A T 1 POOLED INCOME FUND (2) POOLED INCOME FUND SD N/A T 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 MIGHTY FLY F 122700 FMV MIGHTY FLY C 712341 FMV