//
Also known as: C/O Dacotah Bank Trust
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Hatterscheidt Foundation Inc. is a private corporation based in ABERDEEN, SD. The foundation received its IRS ruling in 1950. The principal officer is Dacotah Bank. It holds total assets of $4.3M. Annual income is reported at $1M. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in South Dakota and Minnesota. According to available records, Hatterscheidt Foundation Inc. has made 81 grants totaling $593K, with a median grant of $4K. Annual giving has grown from $185K in 2020 to $233K in 2022. Individual grants have ranged from $500 to $59K, with an average award of $7K. The foundation has supported 52 unique organizations. The foundation primarily supports organizations in South Dakota, North Dakota, Minnesota, which account for 91% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$10K
Largest Grant
$59K
Based on 19 grants from the most recent 990-PF filing.
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.
Hatterscheidt Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 81 grants. Its grantmaking reaches organizations primarily in SD, ND, MN.
Hatterscheidt Foundation Inc. has distributed a total of $593K across 81 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $500 to $59K.
The application deadline is There are no deadlines for submitting applications, but each application should be submitted suffici. Scholarships are made only to South Dakota residents, except for scholarships to the two schools in North Dakota, and the applicant must be a current high school graduate. The scholarship is for one year and cannot be renewed. Most of the grants made by the Foundation are for scholarship purposes except to the extent funds are available, grants may be made for other charitable and educational purposes.
Hatterscheidt Foundation Inc. is headquartered in ABERDEEN, SD. While based in SD, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dorothy O'Keefe | Director | $1K | $0 | $1K |
| Virginia Tobin | Director | $1K | $0 | $1K |
| Jack Thompson | President | $800 | $0 | $800 |
| Harvey Jewett | Secretary/Treasurer | $800 | $0 | $800 |
| Kerry Swingler | Director | $800 | $0 | $800 |
Total Giving
$272K
Total Assets
$4.2M
Fair Market Value
$5.4M
Net Worth
$4.2M
Grants Paid
$219K
Contributions
N/A
Net Investment Income
$204K
Distribution Amount
$254K
Total: $3M
Total Grants
81
Total Giving
$593K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
52
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northern State UniversityScholarships | Aberdeen, SD | $56K | 2022 |
| Augustana UniversityScholarships | Sioux Falls, SD | $14K | 2022 |
| Sd State UniversityScholarships | Brookings, SD | $13K | 2022 |
| University Of South DakotaScholarships | Vermillion, SD | $13K | 2022 |
| Aberdeen Family YmcaFinancial Support | Aberdeen, SD | $10K | 2022 |
| Mount Marty CollegeScholarships | Yankton, SD | $10K | 2022 |
| Sd School Of Mines & TechnologyScholarships | Rapid City, SD | $9K | 2022 |
| United Way Of NesdFinancial Support | Aberdeen, SD | $8K | 2022 |
| Black Hills State UniversityScholarships | Spearfish, SD | $8K | 2022 |
| Dakota Wesleyn UniversityScholarships | Mitchell, SD | $8K | 2022 |
| University Of Sioux FallsScholarships | Sioux Falls, SD | $5K | 2022 |
| Spurs Therapeutic Riding CenterFinancial Support | Aberdeen, SD | $5K | 2022 |
| Dakota State UniversityScholarships | Madison, SD | $5K | 2022 |
| Presentation CollegeScholarships | Aberdeen, SD | $4K | 2022 |
| Drew ComstockScholarships | Aberdeen, SD | $3K | 2022 |
| Olivia UlmerScholarships | Aberdeen, SD | $3K | 2022 |
| Rachel KnappScholarships | Aberdeen, SD | $3K | 2022 |
| Sierra KokalesScholarships | Aberdeen, SD | $3K | 2022 |
| Olivia HansonScholarships | Aberdeen, SD | $3K | 2022 |
| Sarah MitzelScholarships | Aberdeen, SD | $3K | 2022 |
| Rose GutenkaufScholarships | Aberdeen, SD | $3K | 2022 |
| Carson HelmsScholarships | Aberdeen, SD | $3K | 2022 |
| Sophia MadsenScholarships | Aberdeen, SD | $3K | 2022 |
| Halle KuckScholarships | Aberdeen, SD | $3K | 2022 |
| Sidney HansenScholarships | Aberdeen, SD | $3K | 2022 |
| Lindsay ScottScholarships | Aberdeen, SD | $3K | 2022 |
| Elizabeth RussellScholarships | Aberdeen, SD | $3K | 2022 |
| Ella UlmerScholarships | Aberdeen, SD | $3K | 2022 |
| Izebella BarnesScholarships | Aberdeen, SD | $3K | 2022 |
| Nathanial JohnsonScholarships | Aberdeen, SD | $3K | 2022 |
| Michael GrebnerScholarships | Aberdeen, SD | $3K | 2022 |
| Skylinn WilliamsScholarships | Aberdeen, SD | $3K | 2022 |
| Christopher BlackburnScholarships | Aberdeen, SD | $3K | 2022 |
| Drake Van SteenwykScholarships | Aberdeen, SD | $3K | 2022 |
| Parker BauerScholarships | Aberdeen, SD | $3K | 2022 |
| Gabriel GoetzScholarships | Aberdeen, SD | $3K | 2022 |
| Jessemy SharpScholarships | Aberdeen, SD | $3K | 2022 |
| Caden RushScholarships | Aberdeen, SD | $3K | 2022 |
| Ian AhlbergScholarships | Aberdeen, SD | $3K | 2022 |
| Aspyn FrinkScholarships | Aberdeen, SD | $3K | 2022 |
| Katelin StoebnerScholarships | Aberdeen, SD | $3K | 2022 |
| Ducks UnlimitedFinancial Support | Memphis, TN | $500 | 2022 |
SIOUX FALLS, SD
RAPID CITY, SD
SIOUX FALLS, SD