Nonprofit · EIN 36-3297853
SANFORD HEALTH FOUNDATION
Tax-exempt · SIOUX FALLS, SD 57117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $214,434,250 | $55,013,694 | $159,420,556 | $1,283,437,010 | $46,196,908 | $1,237,240,102 |
| December 31, 2023 | 990 | $191,125,295 | $48,812,932 | $142,312,363 | $1,197,031,734 | $100,455,246 | $1,096,576,488 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $162,659,047
- Program service revenue
- $0
- Investment income
- $52,121,544
- Net gain from sales of assets
- -$864,016
- Net income from fundraising events
- -$351,088
- Other revenue
- -$346,341
Expenses
- Grants and similar amounts paid
- $55,013,694
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,780
- Occupancy
- $129,636
- Travel
- $20,500
- Depreciation
- $4,078
- Program services (functional)
- $55,013,694
Balance sheet and other
- Total assets, start of year
- $1,197,031,734
- Total assets, end of year
- $1,283,437,010
- Total liabilities, end of year
- $46,196,908
- Net assets, end of year
- $1,237,240,102
- Land, buildings and equipment
- $13,893
- Publicly traded securities
- $1,263,795,224
- Net assets without donor restrictions
- $1,069,538,456
- Net assets with donor restrictions
- $167,701,646
- Gross receipts
- $474,348,950
- Employees
- 0
- Volunteers
- 101
- Year formed
- 1983
- State of legal domicile
- SD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BILL GASSEN | TRUSTEE, PRESIDENT & CEO Trustee or director, Officer | 0.75 | $0 | $4,414,119 | $585,241 |
| SCOTT WOOTEN | EVP, CFO (END 4/24) Officer | 0.75 | $0 | $2,525,208 | $51,220 |
| NICK OLSON | EVP, CFO (BEG 4/24) Officer | 0.75 | $0 | $1,047,876 | $123,386 |
| BILL MARLETTE | INTERIM, EVP, CFO (END 1/24) Officer | 0.75 | $0 | $894,301 | $275 |
| DEB KOSKI | CHIEF PHILANTHROPY OFFICER Key employee | 12 | $0 | $485,983 | $48,491 |
| ANDY NORTH | TRUSTEE, SECRETARY, INDEP CONTRACTOR Trustee or director, Officer | 0.24 | $0 | $379,383 | $0 |
| MICHELLE BRUHN | FORMER EVP, CFO & TREASURER Former | 0 | $0 | $293,725 | $0 |
| LAURIS MOLBERT | TRUSTEE, CHAIRPERSON Trustee or director, Officer | 0.24 | $0 | $107,199 | $0 |
| BRENT TEIKEN | TRUSTEE Trustee or director | 0.24 | $0 | $84,246 | $0 |
| JAMES CAIN | TRUSTEE, TREASURER Trustee or director, Officer | 0.24 | $0 | $81,651 | $0 |
| MARNIE HERMANN | TRUSTEE, VICE CHAIR Trustee or director, Officer | 0.24 | $0 | $80,382 | $0 |
| NEIL GULSVIG | TRUSTEE, PAST CHAIR Trustee or director, Officer | 0.24 | $0 | $80,055 | $0 |
| MARK LUNDEEN MD | TRUSTEE Trustee or director | 0.24 | $0 | $80,000 | $0 |
| DAVID SHULKIN | TRUSTEE Trustee or director | 0.24 | $0 | $79,826 | $0 |
| STEPHANIE HERSETH SANDLIN | TRUSTEE Trustee or director | 0.24 | $0 | $78,750 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| WESLEY ENGBRECHT | TRUSTEE Trustee or director | 0.24 | $0 | $77,594 |
| DANA DYKHOUSE | TRUSTEE Trustee or director | 0.24 | $0 | $76,727 |
| DON JACOBS | FORMER TRUSTEE Former | 0 | $0 | $13,502 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHELLE BRUHN | EVP, CFO & TREASURER (END 6/23) Officer | 0.5 | $0 | $3,526,262 | $105,043 |
| BILL GASSEN | TRUSTEE, PRESIDENT & CEO Trustee or director, Officer | 0.5 | $0 | $2,821,352 | $439,680 |
| BILL MARLETTE | INTERIM, EVP, CFO (BEG 6/23) Officer | 0.5 | $0 | $1,306,330 | $378 |
| MARK LUNDEEN MD | TRUSTEE, PHYSICIAN Trustee or director | 0.5 | $0 | $591,873 | $16,560 |
| DEB KOSKI | CHIEF PHILANTHROPY OFFICER Key employee | 5 | $0 | $432,198 | $49,029 |
| MICAH ABERSON | FORMER EVP Former | 0 | $0 | $453,110 | $0 |
| ANDY NORTH | TRUSTEE, SECRETARY, INDEP CONTRACTOR Trustee or director, Officer | 0.5 | $0 | $324,345 | $0 |
| BOBBIE TIBBETTS | FORMER CHIEF PHILANTHROPY OFFICER Former | 0 | $0 | $124,802 | $0 |
| NEIL GULSVIG | TRUSTEE, CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $66,718 | $0 |
| BRENT TEIKEN | TRUSTEE, PAST CHAIR Trustee or director, Officer | 0.5 | $0 | $38,404 | $0 |
| DON JACOBS | TRUSTEE (END 12/23) Trustee or director | 0.5 | $0 | $37,332 | $0 |
| LAURIS MOLBERT | TRUSTEE, VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $37,099 | $0 |
| JAMES CAIN | TRUSTEE Trustee or director | 0.5 | $0 | $35,599 | $0 |
| WESLEY ENGBRECHT | TRUSTEE Trustee or director | 0.5 | $0 | $34,599 | $0 |
| MARNIE HERMANN | TRUSTEE, TREASURER (BEG 4/23) Trustee or director, Officer | 0.5 | $0 | $32,099 | $0 |
| ROBIN SMITH | TRUSTEE, TREASURER (END 4/23) Trustee or director, Officer | 0.5 | $0 | $11,000 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5039, SIOUX FALLS, SD 57117-5039
- Principal officer (990 for 2024)
- BILL GASSEN, 2301 EAST 60TH ST, SIOUX FALLS, SD 57104
- Signed the 990
- NICHOLAS OLSON, EVP, CFO
- Phone
- (605) 328-5700
- Return prepared by
- ERNST & YOUNG US LLP
Mission
TO INSPIRE PHILANTHROPY TO ADVANCE THE MISSION OF SANFORD HEALTH, THE PREMIER RURAL HEALTH SYSTEM IN THE U.S., AND RELATED EXEMPT ENTITIES. 100% OF DONOR DOLLARS FUEL LOCAL PRIORITIES TO CARE, COMFORT AND CURE.
Program accomplishments
- DONATIONS HELP SUPPORT THE SANFORD INITIATIVES:THE SANFORD INITIATIVES ENHANCE THE CAPABILITIES OF SANFORD HEALTH AND ALLOW THE ORGANIZATION TO SHARE ITS EXPERTISE WITH THE COMMUNITIES IT SERVES. AREAS OF FOCUS FOR THE SANFORD INITIATIVES INCLUDE SANFORD RESEARCH, CHILDREN'S HEALTH, SPORTS MEDICINE, WEIGHT LOSS, GENETICS, BREAST CANCER, VIRTUAL CARE, INNOVATION AND MORE. SINCE ITS INCEPTION, THE SANFORD INITIATIVES HAVE CONTINUED TO ACHIEVE MAJOR MILESTONES, GIVING WAY TO NEW BREAKTHROUGHS AND NEW DISCOVERIES, ALL OF WHICH ARE HELPING TO TRANSFORM THE FUTURE OF HEALTH CARE. -CHILDHOOD NUTRITION AND FITNESS INITIATIVESSANFORD HEALTH HAS CREATED SANFORD FIT, A HEALTH ACTIVATION PROGRAM DEVELOPED TO EMPOWER CHILDREN AND PARENTS TO MAKE HEALTHY LIFESTYLE CHOICES THAT HELP PREVENT CHILDHOOD OBESITY. SANFORD FIT IS COMPRISED OF A SYSTEM OF RESOURCES AND PROGRAMS INCLUDING SCHOOL PROGRAMS, DAYCARE TRAINING, MOBILE APPS, AND WAS DEVELOPED USING A COMBINATION OF THE LATEST SCIENTIFIC AND BEHAVIORAL RESEARCH DESIGNED TO EDUCATE, MOTIVATE, AND INSPIRE CHILDREN OF ALL AGES TO LIVE A BALANCED, HEALTHY LIFESTYLE.-THE SANFORD PROJECT SINCE 2008, SANFORD HEALTH HAS BEEN SEEKING A CURE FOR TYPE 1 DIABETES. THE SANFORD PROJECT TEAM IS FOCUSED ON THE NATURAL REGENERATION OF INSULIN-PRODUCING BETA CELLS IN THE DIABETIC PANCREAS AND THE BODY'S AUTOIMMUNE RESPONSE IN PATIENTS WITH DIABETES. THE PROJECT TEAM LAUNCHED ITS FIRST CLINICAL TRIAL AND BEGAN ENROLLING PATIENTS IN AUGUST 2010.-SANFORD IMAGENETICSBECAUSE OF ONE MAN'S CONTINUED GENEROSITY, SANFORD HEALTH LAUNCHED A REVOLUTIONARY PROGRAM TO IMPROVE HEALTH AND PREVENT DISEASE WITH PERSONALIZED PLANS OF CARE. SANFORD IMAGENETICS IS A COMPREHENSIVE PROGRAM THAT FULLY INTEGRATES GENETICS WITH INTERNAL MEDICINE, CREATING A FIRST-OF ITS-KIND MODEL FOR EXCEPTIONAL, HIGH-QUALITY, AND INNOVATIVE PRIMARY CARE FOR ADULTS.-EDITH SANFORD BREAST CENTEREDITH SANFORD BREAST CENTER HAS PIONEERED THE FUTURE OF BREAST CANCER RESEARCH AND CARE. BY PIECING TOGETHER THE ENTIRE GENETIC PUZZLE OF EACH WOMAN, WE ARE DISCOVERING HOW TO REVOLUTIONIZE TREATMENT AND ERADICATE BREAST CANCER. WE ARE MOBILIZING PARTICIPANTS -- MOTHERS, WIVES, SISTERS, AND DAUGHTERS -- TO DONATE THEIR GENETIC INFORMATION AS WE BUILD AN EXTENSIVE BIO BANK THAT WILL UNDERPIN OUR GROUNDBREAKING RESEARCH. AS WE DECODE THIS DEADLY DISEASE, WE WILL KNOW MORE SPECIFICALLY WHAT TREATMENTS WILL WORK FOR EACH PATIENT, HOW TO PREVENT DISEASE ON AN INDIVIDUAL BASIS, AND ULTIMATELY, HOW TO FIND A CURE.-SANFORD WORLD CLINICSTHE SANFORD WORLD CLINICS INITIATIVE WAS DESIGNED TO MEET THE UNIQUE NEEDS OF THE AREAS WE SERVE. BROADER PRIMARY CARE SERVICES, REGENERATIVE MEDICINE, SPECIALIZED PROCEDURES, WEIGHT LOSS PROGRAMS, AND CLINIC EDUCATION ARE JUST A FEW OF THE SPECIALIZATIONS DEVELOPED TO SERVE POPULATIONS AROUND THE WORLD. OUTSIDE OF THE NATIONAL FOOTPRINT, SANFORD HAS ESTABLISHED RELATIONSHIPS IN GHANA, CHINA, GERMANY, NEW ZEALAND, SOUTH AFRICA, COSTA RICA, VIETNAM, AND IRELAND.Expenses $42,223,761 · grants $42,223,761
- THE FOUNDATION INSPIRES AND FACILITATES PHILANTHROPIC INVESTMENT AND BUILDS COMMUNITY ENGAGEMENT AROUND LOCAL HEALTH CARE-RELATED PROGRAMS, SERVICES AND OPERATIONS OF SANFORD HEALTH WHILE ALSO SEEKING REGIONAL, NATIONAL AND INTERNATIONAL SUPPORT FOR RESEARCH AND OTHER HEALTH INITIATIVES. SPECIFICALLY, DONATIONS HELP PROVIDE PATIENT CARE AND FAMILY SUPPORT ($3,400,795), EQUIPMENT AND FACILITY IMPROVEMENT PROJECTS ($8,434,076), OTHER INTERNAL PROGRAMS ($114,070) AND COMMUNITY BENEFIT ($84,139).Expenses $12,033,080 · grants $12,033,080
- ADDITIONAL DONATIONS SUPPORT CONTINUING EDUCATION FOR STAFF AND RESEARCH PROGRAMS THAT SUPPORT THE HIGHEST STANDARDS OF PATIENT CARE TODAY AND DRIVE INNOVATION AND DISCOVERY OF THE TREATMENTS AND CURES OF TOMORROW.Expenses $756,853 · grants $756,853
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3297853
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $1,283,437,010
- Income (IRS master file)
- $474,348,950
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $214,434,250 | $55,013,694 | $1,283,437,010 | XML |
| 990 | December 2023 | $191,125,295 | $48,812,932 | $1,197,031,734 | XML |
| 990 | December 2022 | $182,417,940 | $35,450,465 | $1,051,795,268 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3297853).
Questions about SANFORD HEALTH FOUNDATION
- What is the EIN of SANFORD HEALTH FOUNDATION?
- The employer identification number (EIN) of SANFORD HEALTH FOUNDATION is 36-3297853.
- Is SANFORD HEALTH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to SANFORD HEALTH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SANFORD HEALTH FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SANFORD HEALTH FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SANFORD HEALTH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SANFORD HEALTH FOUNDATION?
- The 990 for the year ended December 31, 2024 names BILL GASSEN.
- Who are the officers and directors of SANFORD HEALTH FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does SANFORD HEALTH FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $214,434,250, expenses of $55,013,694 and total assets of $1,283,437,010 at year end.
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