SOUTH DAKOTA STATE UNIVERSITY FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SOUTH DAKOTA STATE UNIVERSITY FOUNDATION (EIN 46-0273801)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-01
- IRS object ID
- 201223069349300607
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-01T08:19:22-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450250958 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 EAST 10TH STREET PO BOX 5125 | AddressLine1 |
| City | SIOUX FALLS | City |
| State | SD | State |
| ZIP Code | 571175125 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460273801 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | South Dakota State University Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOUT | NameControl |
| Phone | 6056977475 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 815 Medary Avenue Box 525 | AddressLine1 |
| City | Brookings | City |
| State | SD | State |
| ZIP Code | 570070499 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Steve Erpenbach | Name |
| Title | President | Title |
| Phone | 6056977475 | Phone |
| Date Signed | 2012-10-24 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Laurie Hanson | Name |
| PTIN | P00851848 | PTIN |
| Phone | 6053391999 | Phone |
| Date Prepared | 2012-10-24 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Steve Erpenbach | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 815 Medary Avenue Box 525 | AddressLine1 |
| City | Brookings | City |
| State | SD | State |
| ZIP Code | 570070499 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 210868740 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.sdsufoundation.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1945 | YearFormation |
| State Legal Domicile | SD | StateLegalDomicile |
| Activity Or Mission Description | Uniting the dreams of our students, university, and donors to build a better SDSU. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 36 | TotalNbrEmployees |
| Total Nbr Volunteers | 185 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 24261166 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 25135858 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 244190 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 352075 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3509271 | InvestmentIncomePriorYear |
| Investment Income Current Year | 10003954 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 837641 | OtherRevenuePriorYear |
| Other Revenue Current Year | 807861 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 28852268 | TotalRevenuePriorYear |
| Total Revenue Current Year | 36299748 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 22872183 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 23399918 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1865313 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1828827 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 120414 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2220218 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4952835 | OtherExpensePriorYear |
| Other Expenses Current Year | 4240038 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 29810745 | TotalExpensesPriorYear |
| Total Expenses Current Year | 29468783 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -958477 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6830965 | RevenuesLessExpensesCY |
| Total Assets BOY | 150483817 | TotalAssetsBOY |
| Total Assets EOY | 144963532 | TotalAssetsEOY |
| Total Liabilities BOY | 33437498 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 31816876 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 117046319 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 113146656 | NetAssetsOrFundBalancesEOY |
| Mission Description | Uniting the dreams of our students, university, and donors to build a better SDSU. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 25508208 | Expense |
| Grants | 23399918 | Grants |
| Revenue | 2394648 | Revenue |
| Description | To unite the dreams of our students, university, and donors to build a better SDSU. Approximately $4.9 million in scholarships were awarded, $6.5 million in departmental programs were funded, and $13.8 million in capital projects were funded during 2011. | Description |
| Total Program Service Expense | 25508208 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 186 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 36 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 1 | NonDeductibleContributions |
| Non Deductible Disclosure | 1 | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 1 | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 4 | NumberOf8282Filed |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tim Dwire | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6056977475 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 815 Medary Avenue Box 525 | AddressLine1 |
| City | Brookings | City |
| State | SD | State |
| ZIP Code | 57004 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Kevin Roberts | ||||||
| Chair | 1.00 | X | X | 0 | 0 | 0 |
| Duane Harms | ||||||
| Vice Chair | 1.00 | X | X | 0 | 0 | 0 |
| Keith Bartels | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| Gene Johnson | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| Jake Krull | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| Steve Stahly | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| Kim Tyler | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| Cathy Voelzke | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| Myron Williams | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| Steve Erpenbach | ||||||
| President/CEO | 55.00 | X | 137572 | 0 | 22259 | |
| Tim Dwire | ||||||
| Chief Financial Officer | 55.00 | X | 121175 | 0 | 11059 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 258747 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 33318 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Henkin-Schultz | |||||
| 6201 S Pinnacle Place | Sioux Falls | SD | 57108 | Marketing | 227139 |
| Aramark | |||||
| USU 155 Box 2815B | Brookings | SD | 57007 | Food Services | 122655 |
| Mercer | |||||
| 701 Market Street Suite 1100 | St Louis | MO | 63101 | Investment Consulting | 115012 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| All Other Contributions | 25135858 | AllOtherContributions |
| Noncash Contributions | 3891452 | NoncashContributions |
| Total Contributions | 25135858 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| Investm't-Subsidiaries | 900099 | 192075 | $192,075 |
| Administration Fees | 561000 | 160000 | $160,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 352075 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2394648 | TotalRevenueColumn |
| Exclusion | $2,394,648 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 312861 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 312861 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 312861 | TotalRevenueColumn |
| Exclusion | $312,861 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 182178298 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 174568992 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7609306 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7609306 | TotalRevenueColumn |
| Exclusion | $7,609,306 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| Telemarketing Contract | 900099 | 300000 | $300,000 |
| Prof'l Fundraising | 900099 | 195000 | $195,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 495000 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36299748 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $11,163,890 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23399918 | Total |
| Program Services | 23399918 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 292601 | Total |
| Management And General | 212541 | ManagementAndGeneral |
| Fundraising | 80060 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1314715 | Total |
| Management And General | 436436 | ManagementAndGeneral |
| Fundraising | 878279 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58841 | Total |
| Management And General | 21474 | ManagementAndGeneral |
| Fundraising | 37367 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53940 | Total |
| Management And General | 18951 | ManagementAndGeneral |
| Fundraising | 34989 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108730 | Total |
| Management And General | 42485 | ManagementAndGeneral |
| Fundraising | 66245 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78473 | Total |
| Program Services | 11676 | ProgramServices |
| Management And General | 1210 | ManagementAndGeneral |
| Fundraising | 65587 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66255 | Total |
| Program Services | 8000 | ProgramServices |
| Management And General | 58255 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 339119 | Total |
| Program Services | 29 | ProgramServices |
| Management And General | 314775 | ManagementAndGeneral |
| Fundraising | 24315 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 448545 | Total |
| Program Services | 357621 | ProgramServices |
| Management And General | 3100 | ManagementAndGeneral |
| Fundraising | 87824 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127810 | Total |
| Program Services | 28932 | ProgramServices |
| Management And General | 12415 | ManagementAndGeneral |
| Fundraising | 86463 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 491983 | Total |
| Program Services | 171668 | ProgramServices |
| Management And General | 164576 | ManagementAndGeneral |
| Fundraising | 155739 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35204 | Total |
| Program Services | 4493 | ProgramServices |
| Management And General | 12589 | ManagementAndGeneral |
| Fundraising | 18122 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 191831 | Total |
| Program Services | 19057 | ProgramServices |
| Management And General | 155457 | ManagementAndGeneral |
| Fundraising | 17317 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 422757 | Total |
| Program Services | 328452 | ProgramServices |
| Management And General | 12104 | ManagementAndGeneral |
| Fundraising | 82201 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22962 | Total |
| Program Services | 17683 | ProgramServices |
| Management And General | 3692 | ManagementAndGeneral |
| Fundraising | 1587 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 606305 | Total |
| Program Services | 513542 | ProgramServices |
| Management And General | 92763 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 149840 | Total |
| Management And General | 149840 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52710 | Total |
| Program Services | 33 | ProgramServices |
| Management And General | 19606 | ManagementAndGeneral |
| Fundraising | 33071 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Hospitality | 519525 | 395591 | 2192 | 121742 |
| Recognition & Memorials | 350231 | 213068 | 1663 | 135500 |
| Alumni Association | 283924 | 283924 | ||
| Dues & Subscriptions | 39480 | 32949 | 3897 | 2634 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13084 | Total |
| Program Services | 5496 | ProgramServices |
| Management And General | 336 | ManagementAndGeneral |
| Fundraising | 7252 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29468783 | Total |
| Program Services | 25508208 | ProgramServices |
| Management And General | 1740357 | ManagementAndGeneral |
| Fundraising | 2220218 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16070423 | BOY |
| EOY | 11781139 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33499114 | BOY |
| EOY | 31350506 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2348720 | BOY |
| EOY | 2289821 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23208 | BOY |
| EOY | 26258 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 8748844 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1623625 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8479794 | BOY |
| EOY | 7125219 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79896058 | BOY |
| EOY | 81867557 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10166500 | BOY |
| EOY | 10523032 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 150483817 | BOY |
| EOY | 144963532 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3454387 | BOY |
| EOY | 6820504 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18429736 | BOY |
| EOY | 15950505 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2046737 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9506638 | BOY |
| EOY | 9045867 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33437498 | BOY |
| EOY | 31816876 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -16181483 | BOY |
| EOY | -19377638 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35251283 | BOY |
| EOY | 27880008 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97976519 | BOY |
| EOY | 104644286 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117046319 | BOY |
| EOY | 113146656 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 150483817 | BOY |
| EOY | 144963532 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6830965 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -10730628 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 21037436 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 40346632 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 19679152 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 24505356 | CurrentTaxYearMinus1Year |
| Current Tax Year | 25135858 | CurrentTaxYear |
| Total | 130704434 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 21037436 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 40346632 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 19679152 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 24505356 | CurrentTaxYearMinus1Year |
| Current Tax Year | 25135858 | CurrentTaxYear |
| Total | 130704434 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 27605350 | AmountsSubstContributorsTotal |
| Public Support Total170 | 103099084 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2279371 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2528816 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2764528 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2602361 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2707509 | CurrentTaxYear |
| Total | 12882585 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 466600 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 450000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 462000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 495000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 495000 | CurrentTaxYear |
| Total | 2368600 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 145955619 | TotalSupport |
| Gross Receipts From Admissions Etc | 1766723 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.70640 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.65580 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 85546878 | BeginningOfYearBalance |
| Contributions | 9609609 | Contributions |
| Investment Earnings Or Losses | -291743 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2797413 | GrantsOrScholarships |
| Other Expenditures | 266933 | OtherExpenditures |
| Administrative Expenses | 1302756 | AdministrativeExpenses |
| End Of Year Balance | 90497642 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 71640908 | BeginningOfYearBalance |
| Contributions | 10717659 | Contributions |
| Investment Earnings Or Losses | 7294478 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3841177 | GrantsOrScholarships |
| Other Expenditures | 240733 | OtherExpenditures |
| Administrative Expenses | 24257 | AdministrativeExpenses |
| End Of Year Balance | 85546878 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 58226820 | BeginningOfYearBalance |
| Contributions | 7462837 | Contributions |
| Investment Earnings Or Losses | 10825532 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1877176 | GrantsOrScholarships |
| Other Expenditures | 1701797 | OtherExpenditures |
| Administrative Expenses | 1295308 | AdministrativeExpenses |
| End Of Year Balance | 71640908 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 76878289 | BeginningOfYearBalance |
| Contributions | 4159815 | Contributions |
| Investment Earnings Or Losses | -18149992 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2204058 | GrantsOrScholarships |
| Other Expenditures | 842276 | OtherExpenditures |
| Administrative Expenses | 1614958 | AdministrativeExpenses |
| End Of Year Balance | 58226820 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.98910 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01090 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1946499 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 786986 | OtherCostOrOtherBasis |
| Book Value | 2733485 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 671983 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 3583987 | OtherCostOrOtherBasis |
| Depreciation | 895242 | Depreciation |
| Book Value | 3360728 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 781985 | OtherCostOrOtherBasis |
| Depreciation | 697903 | Depreciation |
| Book Value | 84082 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 926001 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 51403 | OtherCostOrOtherBasis |
| Depreciation | 30480 | Depreciation |
| Book Value | 946924 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 7125219 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (7 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Cash Surrender Value of Life Insurance | 364287 |
| Beneficial Interest in Perpetual Trust | 779475 |
| Trusts Held by Others | 1366011 |
| Life Estates | 1157155 |
| Investment in Subsidiaries | 1161941 |
| Prepaid University Support | 1493060 |
| Other Investments in Annuities, Trusts & Endowment Pools | 4201103 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 10523032 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Investments Held for Others | $261,792 |
| Gift Annuities & Life Income Agreements | $8,784,075 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 9045867 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | 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. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X: | The Organization evaluates its tax positions on an annual basis. Management has determined there are no uncertain tax positions at December 31, 2011 and 2010 that meet the criteria for recognition in the financial statements. As of December 31, 2011 and 2010, there was no unrecognized tax benefit accrual necessary. The Organization is subject to U.S. Federal tax examinations by tax authorities and will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 0 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 0 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|---|
| South Dakota State University | ||||||||||
| PO Box 2201 | Brookings | SD | 57007 | 466000364 | 501(c)(3) | 15517605 | 2769953 | FMV | Investments | SDSU Departmental Expenses, Building, and Equipment Purchases |
| South Dakota State University | ||||||||||
| PO Box 2201 | Brookings | SD | 57007 | 466000364 | 501(c)(3) | 4943458 | Gifts, Grants and Scholarships | |||
| Enterprise Institute | ||||||||||
| 2301 Research Park Way | Brookings | SD | 57006 | 710879071 | 501(c)(3) | 40000 | Gift, Grants and Scholarships | |||
| SDSU Alumni Association | ||||||||||
| Alumni Bld TAC Box 515 | Brookings | SD | 57007 | 411866674 | 501(c)(3) | 10721 | Gift, Grants and Scholarships | |||
| Michigan State University | ||||||||||
| 109 Agricultural Hall | East Lansing | MI | 48824 | 386005984 | 501(c)(3) | 66667 | Program Support | |||
| South Dakota Community Foundation | ||||||||||
| 207 East Capital PO Box 296 | Pierre | SD | 57501 | 460398115 | 501(c)(3) | 5000 | Gift/Grant | |||
| Sand County Foundation | ||||||||||
| 16 N Carroll St Suite 450 | Madison | WI | 53703 | 396089450 | 501(c)(3) | 5000 | Gift/Grant | |||
| South Dakota World Affairs Council | ||||||||||
| SWH 209 Box 510 | Brookings | SD | 57007 | 274427217 | 501(c)(3) | 12047 | Organization Awarded 501(c)(3) Status | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 7 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 7 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Steve Erpenbach | NamePerson |
| Base Compensation Filing Org | 127572 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 10000 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 7445 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 15102 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 160119 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| Brookings County | ||||||
| 466000070 | 2007-06-28 | 10000000 | Building projects on the SDSU Campus in Brookings, SD. | 0 | 0 | 0 |
| Brookings County | ||||||
| 466000070 | 2010-04-28 | 12000000 | Avera Health and Science Center | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|
| 10000000 | 105085 | 9894915 | 2009 | 0 | 0 | 1 | 1 |
| 12000000 | 29864 | 11970136 | 2010 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 1 | 1 | 0 | 0 | 0 | 1 |
| 1 | 0 | 0 | 0 | 0 | 1 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 4420 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Opinion of Expert | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 52 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 593889 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Avg High/Low | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 235000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
Real Estate Other RealEstateOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 238888 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Equipment | 31 | 2064374 | Opinion of Expert |
| X | Livestock/Grain | 37 | 173282 | Selling Price |
| X | Other | 252 | 581599 | Fair Market Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 4 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 annual 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 | The Foundation documents meetings held by each committee but the Foundation has no committees with authority to act on behalf of the governing body. | |
| Form 990, Part VI, Section B, line 11 | The CFO reviews the 990 in detail prior to it being filed. Any questions are resolved with the governing body prior to the 990 being filed. A copy of the 990 is electronically provided to the governing body prior to it being filed. | |
| 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 5: | Net unrealized losses on investments: -9,955,886. Change in Split-Interest Agreements -774,742. Total to Form 990, Part XI, Line 5: -10,730,628. | Changes in Net Assets or Fund Balances: |
| Form 990, Sch 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. The current year funding is included in program service expense on the statement of functional expenses and is considered an expense to the Foundation even though the funds were used in the construction of capital projects. | Proceeds |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| Enterprise Institute | ||||||||||
| 2301 Research Park Way | Brookings | SD | 57006 | 710879071 | Support scientific research and educational opportunities at SDSU | SD | 501(c)(3) | Line 5 | SDSU Foundation | 1 |
| Opportunities Farm | ||||||||||
| 815 Medary Avenue Box 525 | Brookings | SD | 57006 | 820564374 | Operate a farm and cattle feedlot for the benefit of SDSU students | SD | 501(c)(3) | Line 5 | SDSU Foundation | 1 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mighty Fly SD Inc | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 S Phillips Ave Suite 200 | AddressLine1 |
| City | Sioux Falls | City |
| State | SD | State |
| ZIP Code | 57104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411931279 | EIN |
| Primary Activity | Owns a turbo prop plane that is leased to SDSU | PrimaryActivity |
| Legal Domicile State | SD | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SDSU Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 33530 | ShareOfTotalIncome |
| Share Of EOY Assets | 703307 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Opportunities Farm | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | A | TransactionType |
| Amount Involved | 160000 | AmountInvolved |
| Method Of Amt Determination | FMV | MethodOfAmtDetermination |