2025-11-12T11:58:56-05:00 2024-12-31 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2024-01-01 237428348 BLACK HILLS STATE UNIVERSITY FOUNDATION BLAC 6056426220 1200 UNIVERSITY STREET UNIT 9506 SPEARFISH SD 57799 STEVE MEEKER EXEC VICE PRESIDENT 6056426385 2025-11-12 true true TRACI HANSON CPA P02055725 6053425630 2025-11-12 2024 2025-03-06 01:10:19Z STEVE MEEKER STEVE MEEKER 1200 UNIVERSITY STREET UNIT 9506 SPEARFISH SD 57799 26307395 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. 43 43 5 42 -11469 4386552 17537811 0 773246 1768177 24430 624136 5184228 19930124 2126054 3061918 0 11234 12910 0 90698 782273 2194172 2919561 5269000 2264667 14661124 40784303 50669219 7638749 805525 33145554 49863694 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 2794034 2794034 PROVIDE SCHOLARSHIPS AND AWARDS TO STUDENTS OF BLACK HILLS STATE UNIVERSITY. THE ORGANIZATION AWARDED 962 SCHOLARSHIPS. 1760623 266680 INSTITUTIONAL SUPPORT OF MANAGEMENT AND SPECIAL PROJECTS RELATED TO BLACK HILLS STATE UNIVERSITY. 94263 1204 DEVELOP AND MAINTAIN RELATIONSHIPS WITH ALUMNI OF BHSU. PRESIDENTIAL SUPPORT 4648920 true true false false false false false true false true true false false false true true true false false false false false false false true true false true true true false false false false false false false false true false false false false true false false false true 8 0 5 true true true false false false false true true false false false false false false X 43 43 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 206624 40816 KATHY J JOHNSON VP OF FINANC 1.00 39.00 X 0 208974 41157 DAMIAN EDERHOFF PRESIDENT 1.00 X X 0 0 0 JIM MORAVEC VICE PRESIDE 1.00 X X 0 0 0 KAY SCHALLENKAMP 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 DARIN DOUGLAS 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 SUSAN PETERSON BOARD MEMBER 1.00 X 0 0 0 JULIE BENEDICT BOARD MEMBER 1.00 X 0 0 0 NEIL GRANDBOUCHE BOARD MEMBER 1.00 X 0 0 0 RON JUNEK BOARD MEMBER 1.00 X 0 0 0 JIM ALCORN BOARD MEMBER 1.00 X 0 0 0 MIKE KAITFORS BOARD MEMBER 1.00 X 0 0 0 FORREST BRADY BOARD MEMBER 1.00 X 0 0 0 DANA DYKHOUSE BOARD MEMBER 1.00 X 0 0 0 DAN GREEN BOARD MEMBER 1.00 X 0 0 0 MATT WALTERS RESIGNED 42025 BOARD MEMBER 1.00 X 0 0 0 JOHN HECK PASSED AWAY 12025 BOARD MEMBER 1.00 X 0 0 0 BILL HUGHES PASSED AWAY 32025 BOARD MEMBER 1.00 X 0 0 0 TIM PENTON BOARD MEMBER 1.00 X 0 0 0 TERRY KELLEY BOARD MEMBER 1.00 X 0 0 0 DAVE LITTLE BOARD MEMBER 1.00 X 0 0 0 BETH MATHIS BOARD MEMBER 1.00 X 0 0 0 DAVID MICKELSON BOARD MEMBER 1.00 X 0 0 0 ASHLEY PEARSON BOARD MEMBER 1.00 X 0 0 0 BETH BENNING BOARD MEMBER 1.00 X 0 0 0 STAN TRIPLETT BOARD MEMBER 1.00 X 0 0 0 SCOTT GRASLIE BOARD MEMBER 1.00 X 0 0 0 BOB YOUNG BOARD MEMBER 1.00 X 0 0 0 DILLON HAUG 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 415598 81973 false true false 271716 17266095 204235 17537811 1119725 1119725 141787 142856 -1069 -1069 10400 -11469 6530739 119664 6001951 528788 119664 648452 648452 668035 271716 145948 522087 522087 111866 42706 69160 69160 77768 43810 33958 33958 19930124 44358 -11469 2359424 266680 266680 2795238 2795238 11495 11495 1415 1415 110822 6609 104213 124182 124182 219732 182730 13796 23206 2349 1984 232 133 1117701 954836 135334 27531 94369 76907 17462 196091 188122 7596 373 9663 9663 24560 24560 35024 35024 20177 20177 MEALS & ENT 179210 121708 22601 34901 GIFTS & MEMORIALS 57704 19233 33917 4554 BAD DEBT 1738 -200 1938 SPEAKERS 850 850 5269000 4648920 529382 90698 250795 294272 4999790 5099921 1478699 3819966 20975 -1000 12066 11263 11966 4194771 994795 3167829 3199976 28581483 35840309 2273469 2391743 40784303 50669219 310605 104025 2980 41482 531980 515305 6793184 144713 7638749 805525 X 3966956 6068883 29178598 43794811 33145554 49863694 40784303 50669219 X 14661124 1938742 118274 X false true X true false X 3462037 2905829 3671099 4386552 17537811 31963328 3462037 2905829 3671099 4386552 17537811 31963328 16732622 15230706 430908 477707 428219 717560 1261512 3315906 1568 55711 37171 591247 685697 1200 1200 35966131 300269 0.42350 0.55590 X PART II, LINE 10 1,200 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 226317 X X false 23948759 8709545 3631118 1372763 743520 34173139 19863418 2430932 3107416 806144 646863 23948759 23173287 896474 -3396522 463862 345959 19863418 20661457 1181919 2563383 684167 549305 23173287 17168251 2508348 2043430 605262 453310 20661457 0.85090 0.14910 false false 669496 669496 3142178 751783 2390395 23101 10444 12657 359996 232568 127428 3199976 AMOUNTS HELD FOR OTHERS 142978 ANNUITY LIABILITY 1735 144713 X 23416121 1938742 1177843 -5908 3110677 20305444 -375320 -375320 19930124 6697981 1177843 375320 1553163 5144818 124182 124182 5269000 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, 2024, THE FOUNDATION BELIEVES NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES EXIST. SCHEDULE D, PAGE 4, PART XI, LINE 2D INVESTMENT FEES -124,182 INC CASH SURRENDER VALUE LIFE INS 118,274 SCHEDULE D, PAGE 4, PART XI, LINE 4B FUNDRAISING EXPENSES -145,948 GAMING EXPENSES -42,706 CONCESSION EXPENSES -43,810 RENTAL EXPENSES -142,856 SCHEDULE D, PAGE 4, PART XII, LINE 2D CONCESSION EXPENSE 43,810 FR EXPENSES 145,948 GAMING EXPENSE 42,706 RENTAL EXPENSES 142,856 SCHEDULE D, PAGE 4, PART XII, LINE 4B INVESTMENT FEES 124,182 GOLF TOURNAMENT 752134 146155 605979 62099 27030 5604 GALA 187617 125561 62056 31586 15679 3950 939751 271716 668035 93685 42709 9554 145948 522087 false false 111866 5550 37156 true 1.00000 111866 5550 37156 42706 69160 true false false false STEVE MEEKER 1200 UNIVERSITY STREET UNIT 9506 SPEARFISH SD 57799 false false true BLACK HILLS STATE UNIVERSITY 1200 UNIVERSITY STREET SPEARFISH SD 57799 466000364 GOV 266680 UNIVERSITY MGT SUPPO 1 TUITION SCHOLARSHIP AWARD 962 2795238 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 206624 517 40299 247440 KATHY J JOHNSON VP OF FINANCE 208974 522 40635 250131 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 1 73304 FAIR MARKET VALUE X PRIZES 179 118326 FAIR MARKET VALUE X OTHER 3 12605 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 -124,182 INC CASH SURRENDER VALUE LIFE INS 118,274 FUNDRAISING EXPENSES 145,948 GAMING EXPENSES 42,706 CONCESSION EXPENSES 43,810 RENTAL EXPENSES 142,856 CONCESSION EXPENSE -43,810 FR EXPENSES -145,948 GAMING EXPENSE -42,706 RENTAL EXPENSES -142,856 INVESTMENT FEES 124,182 TOTAL 118,274 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 true false true false false false false true false true false false true false false false false BLACK HILLS STATE UNIVERSITY B 266680 CASH PAID BLACK HILLS STATE UNIVERSITY J 77004 CASH PAID BLACK HILLS STATE UNIVERSITY O 843845 WAGES PAID IN TOTAL YELLOW JACKET FOUNDATION C 12719836 CASH RECEIVED