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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
RAPID CITY ECONOMIC DEVELOPMENT
FOUNDATION
Employer identification number
23-7267019
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government
(b) EIN (c) IRC section
(if applicable)
(d) Amount of cash grant (e) Amount of non-cash
assistance
(f) Method of valuation
(book, FMV, appraisal,
other)
(g) Description of
noncash assistance
(h) Purpose of grant
or assistance
(1) CHR SOLUTIONS
525 UNIVERSITY LOOP
RAPID CITY,SD57701
75-1169463     7,520 MARKET SUBSIDIZED RENT SUBSIDIZED RENT
(2) RAVEN
525 UNIVERSITY LOOP
RAPID CITY,SD57701
46-0246171     9,598 MARKET SUBSIDIZED RENT SUBSIDIZED RENT
(3) AMPTEC
525 UNIVERSITY LOOP
RAPID CITY,SD57701
46-6000364     17,125 MARKET SUBSIDIZED RENT SUBSIDIZED RENT
(4) BH INFORMATION SECURITY
525 UNIVERSITY LOOP
RAPID CITY,SD57701
26-1843065     6,038 MARKET SUBSIDIZED RENT SUBSIDIZED RENT
(5) NANOPAREIL
525 UNIVERSITY LOOP
RAPID CITY,SD57701
45-3649962     13,649 MARKET SUBSIDIZED RENT SUBSIDIZED RENT
(6) NOVUM NANO
525 UNIVERSITY LOOP
RAPID CITY,SD57701
83-3535128     9,445 MARKET SUBSIDEZED RENT SUBSIDIZED RENT
(7) INNOVATIVE SYSTEMS - STUDENT
RESEARCH AND DEVELOPMENT CENTER
525 UNIVERSITY LOOP
RAPID CITY,SD57701
41-1920375     7,553 MARKET SUBSIDIZED RENT SUBSIDIZED RENT
(8) IDEACHEM
525 UNIVERSITY LOOP
RAPID CITY,SD57701
46-0758352     6,587 MARKET SUBSIDIZED RENT SUBSIDIZED RENT
(9) OMNITECH
525 UNIVERSITY LOOP
RAPID CITY,SD57701
    7,355 MARKET SUBSIDIZED RENT SUBSIDIZED RENT
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
 
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
9
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2020
Page 2

Schedule I (Form 990) 2020
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients
(c) Amount of
cash grant
(d) Amount of
noncash assistance
(e) Method of valuation (book,
FMV, appraisal, other)
(f) Description of noncash assistance
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
SCHEDULE I, PAGE 1, PART I, LINE 2 ALL FUNDS ARE DESIGNATED FOR A SPECIFIC USE. THE FOUNDATION BOARD RECEIVES MONTHLY REPORTS. EACH CHECK HAS 2 SIGNATURES AND IS VERIFIED THAT IT'S BEING USED FOR IT'S DESIGNATED PURPOSE.
Schedule I (Form 990) 2020



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