Nonprofit · EIN 87-2112402
DAVID H BILLION FOUNDATION
Tax-exempt · SIOUX FALLS, SD 57106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $5,292,675 | $4,080,166 | $1,212,509 | $14,386,179 | $0 | $14,386,179 |
| December 31, 2024 | 990-PF | $7,942,575 | $3,044,618 | $4,897,957 | $12,314,319 | $0 | $12,314,319 |
| December 31, 2023 | 990-PF | $1,695,473 | $82,560 | $1,612,913 | $7,062,047 | $0 | $7,062,047 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $5,010,000
- Dividends
- $194,801
- Interest
- $79,601
- Net gain from sales of assets
- $8,273
Expenses
- Grants and similar amounts paid
- $4,030,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $4,030,000
- Excise tax on investment income
- $3,929
Balance sheet and other
- Total assets, start of year
- $12,314,319
- Total assets, end of year
- $14,386,179
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,386,179
- Fair market value of assets
- $14,386,179
- Qualifying distributions
- $4,030,000
- Net investment income
- $282,675
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID H BILLION 3401 W 41ST STREET, SIOUX FALLS, SD 57106 | DIRECTOR/PRESIDENT | 10 | $0 |
| JAMES HEINE PO BOX 674, LOUISBURG, KS 66053 | DIRECTOR/VICE PRESIDENT | 10 | $0 |
| JAMES WIEDERRICH 300 S PHILLIPS AVENUE SUITE 300, SIOUX FALLS, SD 57104 | DIRECTOR/SECRETARY | 15 | $0 |
| PER OSTREM 3401 W 41ST STREET, SIOUX FALLS, SD 57106 | DIRECTOR/TREASURER | 20 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID H BILLION 3401 W 41ST STREET, SIOUX FALLS, SD 57106 | DIRECTOR/PRESIDENT | 10 | $0 |
| JAMES HEINE PO BOX 674, LOUISBURG, KS 66053 | DIRECTOR/VICE PRESIDENT | 10 | $0 |
| JAMES WIEDERRICH 300 S PHILLIPS AVENUE SUITE 300, SIOUX FALLS, SD 57104 | DIRECTOR/SECRETARY | 15 | $0 |
| PER OSTREM 3401 W 41ST STREET, SIOUX FALLS, SD 57106 | DIRECTOR/TREASURER | 20 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID H BILLION 3401 W 41ST STREET, SIOUX FALLS, SD 57106 | DIRECTOR/PRESIDENT | 10 | $0 |
| JAMES HEINE PO BOX 674, LOUISBURG, KS 66053 | DIRECTOR/VICE PRESIDENT | 10 | $0 |
| JAMES WIEDERRICH 300 S PHILLIPS AVENUE SUITE 300, SIOUX FALLS, SD 57104 | DIRECTOR/SECRETARY | 15 | $0 |
| PER OSTREM 3401 W 41ST STREET, SIOUX FALLS, SD 57106 | DIRECTOR/TREASURER | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 3401 W 41ST ST, SIOUX FALLS, SD 57106-0710
- Signed the 990-PF
- PER OSTREM, DIRECTOR/TREASURER
- Phone
- (605) 679-3856
- Return prepared by
- MARINER WEALTH ADVISORS
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-2112402
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Crime and legal-related (I12)
- Assets (IRS master file)
- $14,386,179
- Income (IRS master file)
- $6,799,247
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $5,292,675 | $4,080,166 | $14,386,179 | IRS |
| 990-PF | December 2024 | $7,942,575 | $3,044,618 | $12,314,319 | IRS |
| 990-PF | December 2023 | $1,695,473 | $82,560 | $7,062,047 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 87-2112402).
Questions about DAVID H BILLION FOUNDATION
- What is the EIN of DAVID H BILLION FOUNDATION?
- The employer identification number (EIN) of DAVID H BILLION FOUNDATION is 87-2112402.
- Is DAVID H BILLION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to DAVID H BILLION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DAVID H BILLION FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DAVID H BILLION FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAVID H BILLION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of DAVID H BILLION FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does DAVID H BILLION FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $5,292,675, expenses of $4,080,166 and total assets of $14,386,179 at year end.
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