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Filing year 2024

EDWARD L SCHWAB MEMORIAL FOUNDATION DACOTAH BANK

Aberdeen, South Dakota·EIN 91-1770168·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$378k
Total assets
$1.7M
Total expenses
$426k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Manager
Unclassified
$38k
$40k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at EDWARD L SCHWAB MEMORIAL FOUNDATION DACOTAH BANK equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
9%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$298k

Itemized grants

29

Median grant

$3k

RecipientLocationPurposeAmount
SOUTH DAKOTA STATE UNIVERSITYBROOKINGS, SDSCHOLARSHIPS$87k
LAKE AREA TECHNICAL COLLEGEWATERTOWN, SDSCHOLARSHIPS$69k
UNIVERSITY OF SOUTH DAKOTAVERMILLION, SDSCHOLARSHIPS$15k
MOUNT MARTY COLLEGEYANKTON, SDSCHOLARSHIPS$14k
AUGUSTANA UNIVERSITYSIOUX FALLS, SDSCHOLARSHIPS$12k
NORTH DAKOTA STATE UNIVERSITYFARGO, NDSCHOLARSHIPS$12k
UNIVERSITY OF SIOUX FALLSSIOUX FALLS, SDSCHOLARSHIPS$11k
MITCHELL TECHNICAL INSTITUTEMITCHELL, SDSCHOLARSHIPS$10k
DAKOTA STATE UNIVERSITYMADISON, SDSCHOLARSHIPS$9k
SOUTH DAKOTA SCHOOL OF MINES & TECHNOLOGYRAPID CITY, SDSCHOLARSHIPS$8k
BLACK HILLS STATE UNIVERSITYSPEARFISH, SDSCHOLARSHIPS$7k
DORDT UNIVERSITYSIOUX CENTER, IASCHOLARSHIPS$6k
NORTHERN STATE UNIVERSITYABERDEEN, SDSCHOLARSHIPS$4k
DAKOTA WESLEYAN UNIVERSITYMITCHELL, SDSCHOLARSHIPS$3k
MINNESOTA STATE UNIVERSITY - MOORHEADMOORHEAD, MNSCHOLARSHIPS$3k
NORTHWESTERN COLLEGEORANGE CITY, IASCHOLARSHIPS$3k
UNIVERSITY OF NEBRASKA - LINCOLNLINCOLN, NESCHOLARSHIPS$3k
US AIR FORCE ACADEMYUSAF ACADEMY, COSCHOLARSHIPS$3k
SOUTHEAST TECHNICAL COLLEGESIOUX FALLS, SDSCHOLARSHIPS$3k
EVANGEL UNIVERSITYSPRINGFIELD, MOSCHOLARSHIPS$2k
UNIVERSITY OF NORTHWESTERN ST PAULROSEVILLE, MNSCHOLARSHIPS$2k
GRAND CANYON UNIVERSITYPHOENIX, AZSCHOLARSHIPS$2k
NORTHERN ILLINOIS UNIVERSITYDEKALB, ILSCHOLARSHIPS$2k
UNIVERSITY OF MINNESOTA - TWIN CITIESMINNEAPOLIS, MNSCHOLARSHIPS$2k
UNIVERSITY OF NORTH DAKOTAGRAND FORKS, NDSCHOLARSHIPS$2k
Compare this foundation's grantees

Up 9%
from 2023

From $35k in 2023 to $38k in 2024.

$35k
2023
$38k
2024
In today's dollarsEst.
Up 6% in real terms$38k to $40k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about EDWARD L SCHWAB MEMORIAL FOUNDATION DACOTAH BANK

What are EDWARD L SCHWAB MEMORIAL FOUNDATION DACOTAH BANK's revenue and expenses?

In 2024, EDWARD L SCHWAB MEMORIAL FOUNDATION DACOTAH BANK reported $378k in total revenue and $426k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.