2024-11-07T19:43:24-05:00 2023-12-31 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2023-01-01 237428348 BLACK HILLS STATE UNIVERSITY FOUNDATION BLAC 6056426220 1200 UNIVERSITY STREET UNIT 9506 SPEARFISH SD 57799 STEVE MEEKER EXEC VICE PRESIDENT 6056426385 2024-11-07 true true TRACI HANSON CPA P02055725 6053425630 2024-11-07 2023 2024-10-15 13:58:12Z STEVE MEEKER STEVE MEEKER 1200 UNIVERSITY STREET UNIT 9506 SPEARFISH SD 57799 5951788 false X WWW.BHSU.EDU X 1975 SD TO PROVIDE PRIVATE GIFT SUPPORT FOR BHSU. THE FOUNDATION'S PURPOSE IS TO COMMUNICIATE THIS TO ALUMNI, PARENTS, FRIENDS, CORPORATIONS, AND FOUNDATIONS TO OBTAIN AWARENES, UNDERSTANDING, ACCEPTANCE, AND SUPPORT. THE FOUNDATION ALSO ADDRESSES BOTH THE SHORT-TERM OPERATING AND LONG-TERM CAPITAL AND ENDOWMENT NEEDS OF BHSU. 22 22 9 22 -2293 3671099 4386552 0 668375 773246 -4663 24430 4334811 5184228 1465272 2126054 0 14195 11234 0 47619 524496 782273 2003963 2919561 2330848 2264667 32932668 40784303 4498101 7638749 28434567 33145554 X TO PROVIDE PRIVATE GIFT SUPPORT FOR BHSU. THE FOUNDATION'S PURPOSE IS TO COMMUNICIATE THIS TO ALUMNI, PARENTS, FRIENDS, CORPORATIONS, AND FOUNDATIONS TO OBTAIN AWARENES, UNDERSTANDING, ACCEPTANCE, AND SUPPORT. THE FOUNDATION ALSO ADDRESSES BOTH THE SHORT-TERM OPERATING AND LONG-TERM CAPITAL AND ENDOWMENT NEEDS OF BHSU. false false 1575808 1575808 PROVIDE SCHOLARSHIPS AND AWARDS TO STUDENTS OF BLACK HILLS STATE UNIVERSITY. THE ORGANIZATION AWARDED 1,006 SCHOLARSHIPS. 637813 548246 INSTITUTIONAL SUPPORT OF MANAGEMENT AND SPECIAL PROJECTS RELATED TO BLACK HILLS STATE UNIVERSITY. 35212 DEVELOP AND MAINTAIN RELATIONSHIPS WITH ALUMNI OF BHSU. 82402 2000 PRESIDENTIAL SUPPORT 82402 2000 2331235 true true false false false false false true false true true false false true true true true false false false false false false false true false false true true true false false false false false false false false true false false false false true false false false true 4 0 9 true true true false false false false true true false false false false false false X 22 22 true false false false false false false true true false false true false false false false false false X STEVE MEEKER 6056426220 1200 UNIVERSITY STREET UNIT 9506 SPEARFISH SD 57799 STEVE MEEKER EXEC VICE PR 27.00 13.00 X 0 187272 38383 KATHY J JOHNSON VP OF FINANC 1.00 39.00 X 0 199345 40171 DAMIAN EDERHOFF PRESIDENT 1.00 X X 0 0 0 JIM MORAVEC VICE PRESIDE 1.00 X X 0 0 0 BETH BENNING SECRETARY 1.00 X X 0 0 0 SANDRA ADDY BOARD MEMBER 1.00 X 0 0 0 KATHRYN JOHNSON BOARD MEMBER 1.00 X 0 0 0 MARLA BARNARD BOARD MEMBER 1.00 X 0 0 0 TASHI BRAUN BOARD MEMBER 1.00 X 0 0 0 JOHN JOHNSON BOARD MEMBER 1.00 X 0 0 0 TAMARA BURKE BOARD MEMBER 1.00 X 0 0 0 VINCENT GRAVELLE BOARD MEMBER 1.00 X 0 0 0 JUDY DRYDEN BOARD MEMBER 1.00 X 0 0 0 GARY JOHNSON BOARD MEMBER 1.00 X 0 0 0 CRAIG KATT BOARD MEMBER 1.00 X 0 0 0 LES LINDSKOV BOARD MEMBER 1.00 X 0 0 0 RON MEEKER BOARD MEMBER 1.00 X 0 0 0 DARYL JOHNSON BOARD MEMBER 1.00 X 0 0 0 WAYNE MUNDT BOARD MEMBER 1.00 X 0 0 0 JULIE BENEDICT BOARD MEMBER 1.00 X 0 0 0 JULIE OLSON BOARD MEMBER 1.00 X 0 0 0 JULIE PECHOTA BOARD MEMBER 1.00 X 0 0 0 JUSTIN VARLAND BOARD MEMBER 1.00 X 0 0 0 RYAN WORDEMAN BOARD MEMBER 1.00 X 0 0 0 386617 78554 false true false 193866 4192686 76656 4386552 600948 600948 116612 129353 -12741 -12741 -10448 -2293 750184 8918 586804 163380 8918 172298 172298 88574 193866 51403 37171 37171 5184228 -10448 -2293 810417 551768 551768 1574286 1574286 10070 10070 1164 1164 52210 12264 39946 69951 69951 60224 6335 30406 23483 1841 1546 228 67 118343 71350 37917 9076 9345 6508 2837 16046 8984 4140 2922 658 658 26141 26141 33908 33908 18608 18608 BAD DEBT 269718 269718 MEALS & ENT 58706 39044 8568 11094 GIFTS & MEMORIALS 43429 29206 13246 977 SPEAKERS 3145 3145 2919561 2331235 540707 47619 73380 250795 2789830 4999790 2424884 1478699 4169 20975 12226 11263 4064290 896461 3223135 3167829 22240553 28581483 2164491 2273469 32932668 40784303 48542 310605 23980 2980 547076 531980 3878503 6793184 4498101 7638749 X 3609938 3966956 24824629 29178598 28434567 33145554 32932668 40784303 X 2264667 2338904 107416 X false true X true false X 1627696 3462037 2905829 3671099 4386552 16053213 1627696 3462037 2905829 3671099 4386552 16053213 5711189 10342024 392960 430908 477707 428219 717560 2447354 5111 1568 55711 37171 99561 1616 1200 2816 18602944 356676 0.55590 0.63040 X PART II, LINE 10 2,816 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 226317 X X false 19863418 2430932 3107416 806144 646863 23948759 23173287 896474 -3396522 463862 345959 19863418 20661457 1181919 2563383 684167 549305 23173287 17168251 2508348 2043430 605262 453310 20661457 14992606 695594 2566362 602725 483586 17168251 0.85050 0.14950 false false 669496 669496 3142178 666680 2475498 23101 7726 15375 229515 222055 7460 3167829 CASH SURRENDER VALUE-LIFE INS 2047152 W PARKER HISTORIC COLLECTION 226317 2273469 INTERCOMPANY LIABILITIES AND RECEIVA 6650140 AMOUNTS HELD FOR OTHERS 133449 ANNUITY LIABILITY 9595 6793184 X 8084854 2338904 343504 37461 2719869 5364985 -180757 -180757 5184228 3373867 343504 343504 3030363 -110802 -110802 2919561 SCHEDULE D, PAGE 2, PART III, LINE 4 THE ORGANIZATION'S COLLECTIONS CONSIST OF HISTORICAL ITEMS AND BHSU MEMORIBILIA. THE COLLECTION ITEMS ARE ON DISPLAY AT THE BHSU LIBRARY FOR VIEWING BY THE PUBLIC. COLLECTION ITEMS ACQUIRED ON OR AFTER JANUARY 1, 2004 ARE RECORDED AT COST IF PURCHASED AND AT APPRAISED OR FAIR MARKET VALUE AT DATE OF ACCESSION IF DONATED. GAINS AND LOSSES FROM DEACCESSIONS ARE REPORTED AS CHANGES IN NET ASSETS BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. SCHEDULE D, PAGE 2, PART V, LINE 4 THE ORGANIZATION'S ENDOWMENT FUNDS ARE HELD TO GENERATE INVESTMENT INCOME TO BE USED TO SUPPORT THE STUDENTS, FACULTY, AND ALUMNI OF BLACK HILLS STATE UNIVERSITY. SCHEDULE D, PAGE 3, PART X AT DECEMBER 31, 2023, THE FOUNDATION BELIEVES NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES EXIST. SCHEDULE D, PAGE 4, PART XI, LINE 2D INVESTMENT FEES -69,951 INC CASH SURRENDER VALUE LIFE INS 107,412 SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL EXPENSES -129,355 FUNDRAISING EXPENSES -51,403 ROUNDING 1 SCHEDULE D, PAGE 4, PART XII, LINE 4B INVESTMENT FEES 69,951 RENTAL EXPENSES -129,355 FUNDRAISING EXPENSES -51,403 ROUNDING 5 GALA 282440 193866 88574 32616 15616 3171 282440 193866 88574 32616 15616 3171 51403 37171 true BLACK HILLS STATE UNIVERSITY 1200 UNIVERSITY STREET SPEARFISH SD 57799 466000364 GOV 551768 UNIVERSITY MGT SUPPO 1 TUITION SCHOLARSHIP AWARD 1006 1574286 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS ARE AWAREDED TO STUDENTS ATTENDING BHSU BASED ON DONOR SPECIFIED CRITERIA FOR EACH AWARD. THE UNIVERSITY FINANCIAL AID OFFICE HAS ESTABLISHED CRITERIA IN THE STUDENT BILLING SOFTWARE TO TRACK SCHOLARSHIP REQUIREMENTS AND ISSUE ALERTS IF STUDENTS ARE AWARDED A SCHOLARSHIP FOR WHICH THEY ARE NOT ELIGIBLE. THE FINANCIAL AID OFFICE HAS PROCEDURES IN PLACE TO REVOKE SCHOLARSHIPS IF NECESSARY. THE FOUNDATION BOARD IS NOT INVOLVED IN THE AWARDING OF SCHOLARSHIPS TO STUDENTS. THE AWARDING PROCESS IS HANDLED BY THE BHSU FINANCIAL AID OFFICE. X false false false false false false false false false STEVE MEEKER EXEC VICE PRESIDENT 187272 468 37915 225655 KATHY J JOHNSON VP OF FINANCE 199345 498 39673 239516 SCHEDULE J, PAGE 1, PART I, LINE 1A PART 1, LINE 3: OFFICERS' SALARIES ARE PAID BY BLACK HILLS STATE UNIVERSITY. COMPENSATION IS DETERMINED BY THE SOUTH DAKOTA BOARD OF REGENTS. X 4 44040 FAIR MARKET VALUE X PRIZES 101 32616 FAIR MARKET VALUE false false false FORM 990 - ORGANIZATION'S MISSION TO PROVIDE PRIVATE GIFT SUPPORT FOR BHSU. THE FOUNDATION'S PURPOSE IS TO COMMUNICIATE THIS TO ALUMNI, PARENTS, FRIENDS, CORPORATIONS, AND FOUNDATIONS TO OBTAIN AWARENES, UNDERSTANDING, ACCEPTANCE, AND SUPPORT. THE FOUNDATION ALSO ADDRESSES BOTH THE SHORT-TERM OPERATING AND LONG-TERM CAPITAL AND ENDOWMENT NEEDS OF BHSU. FORM 990, PAGE 2, PART III, LINE 4D PRESIDENTIAL SUPPORT FORM 990, PAGE 6, PART VI, LINE 2 STEVE MEEKER RON MEEKER EXEC VP BOARD MEMBER BROTHERS FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD DOES NOT HAVE A FORMAL CONFLICT OF INTEREST POLICY; HOWEVER, THE BOARD IS NOT INVOLVED IN THE AWARDING OF SCHOLARSHIPS TO STUDENTS, THEREFORE THERE IS NO POTENTIAL FOR SELF INTEREST. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 INVESTMENT FEES -69,951 INC CASH SURRENDER VALUE LIFE INS 107,412 RENTAL EXPENSES 129,355 FUNDRAISING EXPENSES 51,403 ROUNDING -1 INVESTMENT FEES 69,951 RENTAL EXPENSES -129,355 FUNDRAISING EXPENSES -51,403 ROUNDING 5 TOTAL 107,416 BLACK HILLS STATE UNIVERSITY 1200 UNIVERSITY ST SPEARFISH SD 57783 466000364 EDUCATION SD N/A false YELLOW JACKET FOUNDATION 1200 UNIVERSITY ST SPEARFISH SD 57783 510151319 SD 501C3 5 N/A false false true false false true false false false false true false true false false true false false false false BLACK HILLS STATE UNIVERSITY B 551768 CASH PAID YELLOW JACKET FOUNDATION E 6655113 FMV OF INVEST AT EOY BLACK HILLS STATE UNIVERSITY J 42000 CASH PAID BLACK HILLS STATE UNIVERSITY O 340987 WAGES PAID IN TOTAL YELLOW JACKET FOUNDATION L 85473 COST OF MANAGEMENT FEES