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South Dakota · Nonprofit

VERMILLION PUBLIC SCHOOLS FOUNDATION

VERMILLION PUBLIC SCHOOLS FOUNDATION (South Dakota) receives grants from 4 organizations whose IRS filings report $517,506 to it, the largest being TUA CLAYTON&ODESSA L OFSTAD FDN ($476,000). 2 of them have funded it in more than one year.

Revenue FY2024
$503k
Funders on record
4
Grants received
$518k
Net assets
$1.3M
2/4 repeat fundersgrants exceed reported revenue in one year
01What it does

What Vermillion Public Schools Foundation does

Mission

To Support Opportunities for Learners to Confidently Succeed in a Diverse World

As stated on its FY2024 Form 990.

Programs

  1. Capital Equipment for the Vermillion School District. Major Project of 2024 was an accessible Playground for the newly built Elementary School - Grades PK to 5th Grade.

    $201,429 spentof which $201,429 as grants
    69% of program spending
  2. Student Support. Grades PK-12. Includes Scholarships for College to High School Seniors, Scholarships for the Middle Schoolers for Summer Learning Camps. Student Conferences and Class Trips. Also Included is Student Well Being and Dual Credit Support for underprivileged students,

    $54,723 spentof which $54,723 as grants
    19% of program spending
  3. Faculty Support and Faculty Professional Development

    $35,421 spentof which $35,421 as grants
    12% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $291,573.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($100k) Expenses 100 ($54k) Net assets 100 ($214k)2020 Revenue 100 ($100k) Expenses 99 ($54k) Net assets 129 ($275k)2021 Revenue 606 ($608k) Expenses 102 ($55k) Net assets 388 ($829k)2022 Revenue 136 ($137k) Expenses 174 ($94k) Net assets 408 ($871k)2023 Revenue 500 ($502k) Expenses 471 ($255k) Net assets 523 ($1.1M)2024 Revenue 501 ($503k) Expenses 625 ($338k) Net assets 600 ($1.3M)
201920202021202220232024
Revenue (501)Expenses (625)Net assets (600)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 2020 to 2021, from $276k to $829k (+200%).

$214k
$276k
$829k
$871k
$1.1M
$1.3M
201920202021202220232024
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.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

83% of VERMILLION PUBLIC SCHOOLS FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$46k
’19
$46k
’20
$553k
’21
$42k
’22
$247k
’23
$165k
’24
8.3
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

Mary Giffin

Executive Director

As listed on its FY2024 Form 990.

2021202220232024
Listed10121212
Joined·+6+2+2
No longer listed·422
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $38 → $200k.

Funder
'20
'21
'22
'23
'24*
total
IOLA Foundationunclassified
$10k
funders
1
3
3
2
1

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VERMILLION PUBLIC SCHOOLS 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

VERMILLION PUBLIC SCHOOLS FOUNDATION leans on a few funders — its largest provides 92% 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

92%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 53% · 2022 93% · 2023 100% — broadly stable.

“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

VERMILLION PUBLIC SCHOOLS FOUNDATION draws 100% of its grant income from funders outside South Dakota, across 2 states in all.

CA
TX

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

’21
’22
’23
South Dakota out of state home

Funder states come from each funder’s own filing. $32k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

VERMILLION PUBLIC SCHOOLS FOUNDATION runs a healthier operating margin than three-quarters of the 22,812 education nonprofits its size.

Operating margin33% · top quartile
Months of reserve8.3mo · above the median
Revenue growth (annualized)38% · top quartile

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like VERMILLION PUBLIC SCHOOLS 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

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

91%

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

Footprint & structure

Files a return copy in 7 states

WA
MN
SD
OH
CA
CO
MO

Part of a family of 1 related entity

  • Vermillion School District 13-1 · exempt

Screen this organization

A dated, signed PDF of the compliance screen for VERMILLION PUBLIC SCHOOLS 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 VERMILLION PUBLIC SCHOOLS FOUNDATION?
VERMILLION PUBLIC SCHOOLS FOUNDATION (South Dakota) receives grants from 4 organizations whose IRS filings report $517,506 to it, the largest being TUA CLAYTON&ODESSA L OFSTAD FDN ($476,000). 2 of them have funded it in more than one year.
How many funders does VERMILLION PUBLIC SCHOOLS FOUNDATION have?
IRS filings report 4 organizations giving $517,506 in grants to VERMILLION PUBLIC SCHOOLS FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of VERMILLION PUBLIC SCHOOLS FOUNDATION?
TUA CLAYTON&ODESSA L OFSTAD FDN is the largest funder on record, with $476,000 in grants. The full list of funders is on this page.
How can an organization like VERMILLION PUBLIC SCHOOLS 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 FY2024 (financials across 2019–2024), 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 14, 2026. What this page cannot tell you · view filing