Welcome to your daily briefing on nonprofit developments in South Dakota. Today we're covering 9 key stories including updates on south dakota nonprofit headlines, south dakota nonprofit updates, background & context. Let's dive in.
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The South Dakota Community Foundation offers grants to help nonprofits realize their dreams of serving and strengthening South Dakota communities.
SD nonprofit professionals can access funding to advance their missions and expand community impact across the state.
The South Dakota Community Foundation offers grants through its Unrestricted Grantmaking Program under the South Dakota Fund.
SD nonprofit professionals can access flexible funding that isn't restricted to specific programs, supporting broader organizational needs and sustainability.
The South Dakota Community Foundation offers Beyond Idea Grants to support community-based problem solving throughout the state.
This funding opportunity gives SD nonprofit professionals access to resources for grassroots initiatives that address local challenges.
Nonprofit Explorer compiles millions of IRS nonprofit tax filings, allowing users to search South Dakota organizations and view executive compensation, revenue, expenses, and tax documents dating back to 2001.
South Dakota nonprofit professionals can benchmark their own organizations against peers, research potential partners or competitors, and verify financial transparency in their sector.
The South Dakota Community Foundation is offering several grant programs including South Dakota Fund Grants, Beyond Idea Grants in partnership with the Bush Foundation, Local CSA Grants, Nonprofit Savings Accounts, Fairy Godmother's Fund, and the Bush Prize: South Dakota, which will award two $250,000 flexible grants beginning in 2025.
SD nonprofit professionals can access diverse funding streams—from unrestricted program grants to endowment-building tools and flexible capital for community-valued organizations with proven transformational impact.
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GreatNonprofits is a platform where organizations can be found, reviewed, and rated by volunteers and donors seeking donation and volunteering opportunities.
South Dakota nonprofit professionals can use this free tool to strengthen credibility, showcase impact, and compete for limited funding and volunteer time.
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The IRS-recommended COI policy requires (1) annual disclosure by all directors and key employees, (2) a process for review of any disclosed conflict, (3) recusal procedures, and (4) documentation in board minutes. Policies that have only the disclosure form without the review and recusal process do not satisfy the recommendation.
A weak COI policy is a Schedule L disclosure waiting to happen, and Schedule L disclosures correlate with future IRS examination selection.
Form 990 is required to be made public by the filing organization on request and is indexed by ProPublica and others within weeks of filing. Sections most boards underestimate: Schedule J (top-staff compensation), Schedule L (transactions with interested persons), and Schedule O (narrative explanations that "soften" other answers). Donors and reporters read these.
Items that read fine in management's narrative often read very differently in print. Pre-filing review by a non-finance board member catches optics issues that a CFO will not.
Private inurement is benefit flowing to insiders (officers, directors, key employees); it is an absolute prohibition. Private benefit is benefit to outsiders that is more than incidental to the exempt purpose; it is a question of degree. Both can revoke exemption, but the legal analysis differs.
Insider transactions trigger automatic intermediate sanctions even when the exemption survives. Outsider benefit triggers a facts-and-circumstances analysis. Distinguishing them shapes the defense.
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