SIOUX FALLS, SD

Robert And Rita Elmen Foundation

Quick Facts

EIN: 205767798
Location: SIOUX FALLS, SD
Category: Philanthropy & Grantmaking
Total Assets: $86.4M
Annual Income: $20M
IRS Ruling Year: 2006

About This Foundation

Robert And Rita Elmen Foundation is a private foundation based in SIOUX FALLS, SD. The foundation received its IRS ruling in 2006. It holds total assets of $86.4M. Annual income is reported at $20M. The foundation operates in the area of philanthropy & grantmaking.

View 990 Filings

Financial Overview

Total Giving

$4M

2023+149%

Total Assets

$87.5M

2023+9%

Fair Market Value

$97.8M

2023

Net Worth

$87.5M

2023

Grants Paid

$3.5M

2023

Contributions

$9.8M

2023

Net Investment Income

$3.5M

2023

Distribution Amount

$4.6M

2023

Total Giving by Year

$263K

$391K

$519K

$501K

$580K

$787K

$907K

$976K

$1.6M

$4M

Asset Growth

$6.7M

$7.4M

$11.2M

$11.8M

$11.3M

$14.3M

$14.2M

$65.7M

$80.6M

$87.5M

Investment Portfolio (2023)

Total: $65.1M

Corporate Stock: $64.5M

Corporate Bonds: $525K

Corporate Stock (99%)

Corporate Bonds (1%)

Expense Breakdown (2023)

Grants Paid$3.5M

Officer Compensation$120K

Revenue Sources (2023)

Contributions: $9.8M
Dividends: $2.5M
Gross Rents: $612K
Other Income: $177K
Interest: $59K

Financial Details (2023)

Total Revenue: $13.1M
Total Expenses: $4M
Exempt Purpose Expenses: $3.6M
Required Distribution: $4.6M
Undistributed Income: $4.6M
Total Liabilities: $1
Excise Tax: $49K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

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