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Black Hills Corporation Foundation is a private corporation based in RAPID CITY, SD. The foundation received its IRS ruling in 2002. The principal officer is White Kyle D. It holds total assets of $5.5M. Annual income is reported at $1.6M. Total assets have grown from $3.8M in 2011 to $5.2M in 2023. The foundation is governed by 16 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Black Hills Corporation Foundation has made 3 grants totaling $2.7M, with a median grant of $926K. The foundation has distributed between $843K and $974K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $974K distributed across 1 grants. Individual grants have ranged from $843K to $974K, with an average award of $914K. Grant recipients are concentrated in South Dakota. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Black Hills Corporation Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in SD.
Black Hills Corporation Foundation has distributed a total of $2.7M across 3 grants. The median grant size is $926K, with an average of $914K. Individual grants have ranged from $843K to $974K.
Must be 501(c)(3) exempt organizations and nonpolitical. No awards are granted to individuals, endowments, memorials, religious organizations for religious purposes, or for advertising purposes.
Black Hills Corporation Foundation is headquartered in RAPID CITY, SD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Val Simpson | PRESIDENT | $0 | $0 | N/A |
| Jaf Karim | VICE PRES | $0 | $0 | N/A |
| Josh Wosepka | TREASURER | $0 | $0 | N/A |
| Linn Evans | DIRECTOR | $0 | $0 | N/A |
| Mark Stege | DIRECTOR | $0 | $0 | N/A |
| Todd Jacobs | DIRECTOR | $0 | $0 | N/A |
| Shirley Welte | DIRECTOR | $0 | $0 | N/A |
| Wes Ashton | DIRECTOR | $0 | $0 | N/A |
| Marne Jones | DIRECTOR | $0 | $0 | N/A |
| Rich Kinzley | DIRECTOR | $0 | $0 | N/A |
| Marc Eyre | DIRECTOR | $0 | $0 | N/A |
| Kevin Jarosz | DIRECTOR | $0 | $0 | N/A |
| Kimberly Nooney | DIRECTOR | $0 | $0 | N/A |
| Chad Kinsley | DIRECTOR | $0 | $0 | N/A |
| Jerry Watkins | DIRECTOR | $0 | $0 | N/A |
| Kellie Ashcraft | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1M
Total Assets
$5.2M
Fair Market Value
$6.4M
Net Worth
$5.1M
Grants Paid
$986K
Contributions
$744K
Net Investment Income
$208K
Distribution Amount
$300K
Total: $232K
Total Grants
3
Total Giving
$2.7M
Average Grant
$914K
Median Grant
$926K
Unique Recipients
1
Most Common Grant
$843K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ListingCHARITABLE | Rapid City, SD | $843K | 2022 |
SIOUX FALLS, SD
RAPID CITY, SD
SIOUX FALLS, SD