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RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION
Closed

RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION
Closed

Rapid City, SD, US
501(c)
EIN
23-7267019
Regional Funder
funder logo

RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION
Closed

Rapid City, SD, US
501(c)
EIN
23-7267019
Regional Funder

Overview

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Closed

This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

1973

Fiscal Year Start

Jan 1

Organization Type

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Grantmaker
AI Summary
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The Rapid City Economic Development Foundation is a 501(c) organization that focuses on grantmaking in the Rapid City area. In 2023, it awarded a total of $7.9K in grants to two grantees, operating on a relationship-based, invitation-only model. The foundation does not accept unsolicited proposals, and nonprofits interested in potential funding opportunities can explore warm-introduction pathways through Impala's Funder Prospecting.

Mission Statement

TO IMPROVE THE QUALITY OF LIFE AND INCREASE PERSONAL INCOME LEVELS IN THE RAPID CITY AREA BY FOSTERING A VITAL BUSINESS CLIMATE WHICH PROVIDES QUALITY NEW JOBS, ATTRACTS NEW BUSINESS, HELPS EXISTING BUSINESS, AND PROMOTES ENTREPRENEURSHIP.
Total Funding Given

$7.9K

2023
Grantees funded
2
Multi-year grantees
50%
Funding by Year
Grantee
Total Funding
Funding Share
ELEVATE RAPID CITY
Rapid City, SD
$2.1M
98%
Evaluate your own portfolio
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Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
Total No. of Grants

1

Median 1st year grant
$1.1M
Median 2nd year grant
$7.9K
T
Tom Johnson
Board Member
G
Greg Loos
Board Member
B
Brandon Lance
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION?
No. RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION give?
RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION primarily gives to organizations located in South Dakota. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION’s grants?
The largest share of grants from RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION fall in the $5,000 to $25 thousand range. The median first-year grant is about $1.1 million. More detailed grant size data is available to registered users.
How many grants does RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION make each year?
In 2023, RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION awarded about 1 grants, totaling nearly $7,868. More detailed grant metrics are available to registered users.
Who did RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION fund recently?
In 2023, RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION awarded grants to about 1 grantees. Recent grantees include ELEVATE RAPID CITY. More detailed information on all recent recipients is available to registered users.
How do we apply to RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION?
RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Overview
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