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Filing year 2023

Olive Rice Reierson Foundation

Rapid City, South Dakota·EIN 36-3463190·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
-$24k
Total assets
$1.1M
Total expenses
$111k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in South Dakota.

Trustee
Board Member
25th percentile to median
$9k
$10k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Olive Rice Reierson Foundation equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
8%
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 2023 Form 990-PF, Part XV.

Total granted

$72k

Itemized grants

19

Median grant

$4k

Pay for the position

Board Member pay fell 62% from 2022 to 2023.

$23k in 2022 to $9k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in South Dakota

Comparable philanthropy, voluntarism & grantmaking organizations in South Dakota pay their highest-earning executive a median of $18,736.

25th percentile
$6k
Median
$18,736
75th percentile
$53k
90th percentile
$159k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 87 organizations across 87 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for South Dakota
FAQ

Common questions about Olive Rice Reierson Foundation

What does the Board Member of Olive Rice Reierson Foundation earn?

In 2023, the Board Member of Olive Rice Reierson Foundation received $8,651 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in South Dakota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Olive Rice Reierson Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in South Dakota, the 2023 pay of the Board Member at Olive Rice Reierson Foundation falls between the 25th percentile and the median. In 2023, the highest total compensation at Olive Rice Reierson Foundation equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

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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.