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South Dakota · Nonprofit

SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION

SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION (South Dakota) receives grants from 4 organizations whose IRS filings report $303,306 to it, the largest being SOUTH DAKOTA STATE MEDICAL ASSOCIATION ($200,000). 1 of them have funded it in more than one year.

Revenue FY2025
$694k
Funders on record
4
Grants received
$303k
Net assets
$7.6M
1/4 repeat funderspeak grant-dependency 46%
01What it does

What South Dakota State Medical Association Foundation does

Mission

To aid and support medical research, teaching and education.

As stated on its FY2025 Form 990.

Programs

  1. Annual scholarships presented to the usd sanford school of medicine students.

    $149,000 spentof which $149,000 as grants
    100% of program spending
  2. Revolving loan fund

    $5,280 earned by the program
  3. Matching portion of scholarships by sdsma foundation

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $149,000.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($335k) Expenses 100 ($156k) Net assets 100 ($5.0M)2018 Revenue 67 ($225k) Expenses 106 ($166k) Net assets 94 ($4.7M)2019 Revenue 89 ($297k) Expenses 92 ($143k) Net assets 109 ($5.4M)2020 Revenue 137 ($458k) Expenses 214 ($335k) Net assets 118 ($5.9M)2021 Revenue 190 ($635k) Expenses 106 ($165k) Net assets 129 ($6.5M)2022 Revenue 100 ($336k) Expenses 94 ($147k) Net assets 109 ($5.4M)2023 Revenue 146 ($490k) Expenses 84 ($131k) Net assets 127 ($6.4M)2024 Revenue 162 ($541k) Expenses 92 ($143k) Net assets 137 ($6.9M)2025 Revenue 207 ($694k) Expenses 144 ($226k) Net assets 151 ($7.6M)
'17'18'19'20'21'22'23'24'25
Revenue (207)Expenses (144)Net assets (151)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $6.5M to $5.5M (−16%).

$5.0M
$4.7M
$5.5M
$5.9M
$6.5M
$5.5M
$6.4M
$6.9M
$7.6M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

8% of SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 25,057 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$178k
’17
$59k
’18
$154k
’19
$123k
’20
$470k
’21
$189k
’22
$359k
’23
$397k
’24
$468k
’25
35
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Tammy Hatting

CEO of sdsma

Board chair

Brian Wilson Do

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed777677778
Joined·+0+1+1+2+0+1+1+3
No longer listed·01210112
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $400 → $227k.

From the IRS filings of SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION leans on a few funders — its largest provides 66% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION.

66%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2021 100% · 2023 88% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION's grant income comes from South Dakota funders.

NY
SD

In-state vs out-of-state, by year

’17
’18
’21
’23
South Dakota out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION runs a healthier operating margin than three-quarters of the 17,450 education nonprofits its size.

Operating margin67% · top quartile
Months of reserve34.8mo · top quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 17,450 education nonprofits $100k–$1M, FY2025

Organizations like SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Dakota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

66% of spending goes to programs.

Program 66%Management 34%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

49%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

SD

Screen this organization

A dated, signed PDF of the compliance screen for SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION?
SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION (South Dakota) receives grants from 4 organizations whose IRS filings report $303,306 to it, the largest being SOUTH DAKOTA STATE MEDICAL ASSOCIATION ($200,000). 1 of them have funded it in more than one year.
How many funders does SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION have?
IRS filings report 4 organizations giving $303,306 in grants to SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION?
SOUTH DAKOTA STATE MEDICAL ASSOCIATION is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
How can an organization like SOUTH DAKOTA STATE MEDICAL ASSOCIATION FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing