SIOUX FALLS, SD
Pine Rock Foundation Inc.
Quick Facts
- EIN
- 411698350
- Location
- SIOUX FALLS, SD
- Category
- General
- Total Assets
- $98.1M
- Annual Income
- $45.4M
- IRS Ruling Year
- 1992
- Organization Type
- Corporation
- Principal Officer
- % Bruce E Hendry
- Tax Deductibility
- Contributions are deductible
About This Foundation
Pine Rock Foundation Inc. is a private corporation based in SIOUX FALLS, SD. The foundation received its IRS ruling in 1992. The principal officer is % Bruce E Hendry. It holds total assets of $98.1M. Annual income is reported at $45.4M. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$7.1M
2023+1179%
Total Assets
$100.3M
2023+160%
Fair Market Value
$103.7M
2023
Net Worth
$100.3M
2023
Grants Paid
$6.3M
2023
Contributions
$46.2M
2023
Net Investment Income
$12.3M
2023
Distribution Amount
$4.6M
2023
Total Giving by Year
$118K
11$169K
12$161K
13$152K
14$114K
15$40K
19$192K
20$204K
21$555K
22$7.1M
23Asset Growth
$3.3M
11$3.5M
12$3.1M
13$3.2M
14$3.3M
15$2.9M
19$2.8M
20$3.7M
21$38.5M
22$100.3M
23Investment Portfolio (2023)
Total: $27.4M
Corporate Stock: $23.3M
Government Obligations: $4.1M
Other Investments: $72M
Cash: $912K
Corporate Stock (23%)
Government Obligations (4%)
Other Investments (72%)
Cash (1%)
Expense Breakdown (2023)
Grants Paid$6.3M
Officer Compensation$150K
Legal Fees$15K
Interest$3K
Accounting Fees$3K
Revenue Sources (2023)
- Contributions
- $46.2M
- Capital Gains (Net)
- $10.2M
- Dividends
- $1.9M
- Other Income
- $758K
Financial Details (2023)
- Total Revenue
- $59M
- Total Expenses
- $7.1M
- Exempt Purpose Expenses
- $6.6M
- Required Distribution
- $4.6M
- Undistributed Income
- $0
- Total Liabilities
- $1
- Excise Tax
- $172K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
49
Total Giving
$884K
Average Grant
$18K
Median Grant
$5K
Total Giving by Year
$187K (19 grants)
20$200K (14 grants)
21$498K (16 grants)
22Grant Range
Min$500
Max$250K
Median: $5K
Smallest grantLargest grant
Openness to New Grantees (2022)
69%
of 2022 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
WA: $1K (1)
ID
MT
MT: $10K (1)
ND
MN
MN: $609K (23)
WI
WI: $40K (6)
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
PA: $6K (2)
NJ
CA
CA: $16K (3)
UT
CO
NE
MO
KY
WV
VA
VA: $12K (3)
MD
DE
DC
AZ
AZ: $25K (1)
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
FL: $166K (7)
HI
TX
TX: $1K (2)
MN$609K (23)
FL$166K (7)
WI$40K (6)
AZ$25K (1)
CA$16K (3)
VA$12K (3)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alpha NewsSUPPORT | Minnetonka, MN | $250K | 2022 |
| CaeSUPPORT | Minneapolis, MN | $100K | 2022 |
| Upper Midwest Law CenterSUPPORT | Golden Valley, MN | $55K | 2022 |
| Turning Point UsaSUPPORT | Phoenix, AZ | $25K | 2022 |
| Providence AcademySUPPORT | Plymouth, MN | $22K | 2022 |
| Sanibel Captiva Conservation FoundSUPPORT | Sanibel Island, FL | $10K | 2022 |
| Prager U FoundationSUPPORT | Sherman Oaks, CA | $10K | 2022 |
| Cable History MuseumSUPPORT | Cable, WI | $5K | 2022 |
| Center For Arts Bonita SpringsSUPPORT | Bonita Springs, FL | $5K | 2022 |
| David Horowitz FoundationSUPPORT | Sherman Oaks, CA | $5K | 2022 |
| Leukemia & Lymphoma SocietySUPPORT | Golden Valley, MN | $5K | 2022 |
| Lake Owen AssociationSUPPORT | Cable, WI | $3K | 2022 |
| Jdrf Baratz BrigadeSUPPORT | Minneapolis, MN | $2K | 2022 |
| Lubavich CenterSUPPORT | Pittsburgh, PA | $550 | 2022 |
| SmuSUPPORT | Dallas, TX | $500 | 2022 |
| For Goodness CakesSUPPORT | Santa Monica, CA | $500 | 2022 |
| Sanibel Captiva Conservation FoundSUPPORT | Sanibel Island, FL | $60K | 2021 |
| Alpha NewsSUPPORT | Minnetonka, MN | $55K | 2021 |
| Chequamegon Area Mountain Bike AssSUPPORT | Cable, WI | $30K | 2021 |
| Providence AcademySUPPORT | Plymouth, MN | $10K | 2021 |
| American Legion 134SUPPORT | Walker, MN | $10K | 2021 |
| Big Sky BraverySUPPORT | Bozeman, MT | $10K | 2021 |
| Center For Arts Bonita SpringsSUPPORT | Bonita Springs, FL | $5K | 2021 |
| Wounded Veterans ReliefSUPPORT | North Palm Beach, FL | $5K | 2021 |
| American MajoritySUPPORT | Purcellville, VA | $5K | 2021 |
| Lubavich CenterSUPPORT | Pittsburgh, PA | $5K | 2021 |
| Edina Crime Prevention FundSUPPORT | Edina, MN | $3K | 2021 |
| Love Conquers ViolenceSUPPORT | Maple Grove, MN | $1K | 2021 |
| Cable Wi Bike ParkSUPPORT | Cable, WI | $500 | 2021 |
| Drummond Fire & RescueSUPPORT | Drummond, WI | $500 | 2021 |
| Sanibel Captiva Conservation FdnCHARITABLE | Sanibel, FL | $80K | 2020 |
| Alpha NewsCHARITABLE | Minnetonka, MN | $40K | 2020 |
| Benilde St MargaretsCHARITABLE | St Louis Park, MN | $25K | 2020 |
| St Paul Chamber OrchestraCHARITABLE | St Paul, MN | $10K | 2020 |
| Marine Corps MemorialCHARITABLE | Arlington, VA | $6K | 2020 |
| American Legion 134CHARITABLE | Walker, MN | $5K | 2020 |
| Books For AfricaCHARITABLE | St Paul, MN | $5K | 2020 |
| Lubanch CenterCHARITABLE | Minneapolis, MN | $5K | 2020 |
| Our Lady Of Grace Catholic ChurchCHARITABLE | Edina, MN | $3K | 2020 |
| Trout LakeCHARITABLE | Trout Lake, WA | $1K | 2020 |
| American MajorityCHARITABLE | Purcellville, VA | $1K | 2020 |
| Drummond Fire & RescueCHARITABLE | Drummond, WI | $1K | 2020 |
| Greater Twin Cities Youth SymphonyCHARITABLE | St Paul, MN | $1K | 2020 |
| JdrfCHARITABLE | St Louis Park, MN | $1K | 2020 |
| Lakes Prostate CenterCHARITABLE | Duluth, MN | $1K | 2020 |
| Children'S Cancer FundCHARITABLE | Dallas, TX | $700 | 2020 |
| Minneapolis Police FoundationCHARITABLE | Minneapolis, MN | $500 | 2020 |
| Center For Arts Bonita SpringsCHARITABLE | Bonita Springs, FL | $500 | 2020 |
| Abbey'S HopeCHARITABLE | Edina, MN | $500 | 2020 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica