Jerstad Family Foundation

Sioux Falls, SD
Tax-exempt since Feb. 1997
EIN: 91-1757487

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Named Trusts/Foundations N.E.C. (NTEE)

Donations to this organization are tax deductible.

Revenue

$326k (2024)

Expenses

$203k (2024)

Total Assets

$4.4M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$325,614

Expenses

$203,295

Net Income

$122,319

Net Assets

$4,403,386

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$180	0.1%
Dividends	$115,678	35.5%
Sales of Assets	$209,756	64.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$166,785	82.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,403,386
Total Liabilities	$0
Net Assets	$4,403,386

Compensation

Key Employees and Officers	Compensation	Other
Sandra I Jerstad (Director)	$0	$0
Rachel Jerstad (Director)	$0	$0
Michael Jerstad (Director)	$0	$0
Sarah Jerstad (Director)	$0	$0
Kelly Jerstad (Director)	$0	$0

+ View more people

990-PF

Filed on Oct. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$128,613

Expenses

$242,165

Net Income

-$113,552

Net Assets

$4,027,831

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,412	1.9%
Interest Revenue	$172	0.1%
Dividends	$118,240	91.9%
Sales of Assets	$7,789	6.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$208,000	85.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,027,831
Total Liabilities	$0
Net Assets	$4,027,831

Compensation

Key Employees and Officers	Compensation	Other
Sandra I Jerstad (Director)	$0	$0
Rachel Jerstad (Director)	$0	$0
Michael Jerstad (Director)	$0	$0
Sarah Jerstad (Director)	$0	$0
Kelly Jerstad (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$173,883

Expenses

$270,392

Net Income

-$96,509

Net Assets

$3,605,842

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$247	0.1%
Dividends	$112,143	64.5%
Sales of Assets	$61,493	35.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$228,944	84.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,605,842
Total Liabilities	$0
Net Assets	$3,605,842

Compensation

Key Employees and Officers	Compensation	Other
Sandra I Jerstad (Director)	$0	$0
Rachel Jerstad (Director)	$0	$0
Michael Jerstad (Director)	$0	$0
Sarah Jerstad (Director)	$0	$0
Kelly Jerstad (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 16, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$497,771

Expenses

$242,654

Net Income

$255,117

Net Assets

$4,624,357

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3	0.0%
Dividends	$104,501	21.0%
Sales of Assets	$393,267	79.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$192,623	79.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,624,357
Total Liabilities	$0
Net Assets	$4,624,357

Compensation

Key Employees and Officers	Compensation	Other
Sandra I Jerstad (Director)	$0	$0
Rachel Jerstad (Director)	$0	$0
Michael Jerstad (Director)	$0	$0
Sarah Jerstad (Director)	$0	$0
Kelly Jerstad (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$164,354

Expenses

$215,116

Net Income

-$50,762

Net Assets

$4,336,022

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$258	0.2%
Interest Revenue	$47	0.0%
Dividends	$88,557	53.9%
Sales of Assets	$75,492	45.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$184,525	85.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,336,023
Total Liabilities	$1
Net Assets	$4,336,022

Compensation

Key Employees and Officers	Compensation	Other
Sandra I Jerstad (Director)	$0	$0
Rachel Jerstad (Director)	$0	$0
Michael Jerstad (Director)	$0	$0
Sarah Jerstad (Director)	$0	$0
Kelly Jerstad (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$263,475

Expenses

$226,506

Net Income

$36,969

Net Assets

$3,920,129

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$62	0.0%
Interest Revenue	$192	0.1%
Dividends	$85,100	32.3%
Sales of Assets	$178,121	67.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$193,850	85.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,920,130
Total Liabilities	$1
Net Assets	$3,920,129

Compensation

Key Employees and Officers	Compensation	Other
Sandra I Jerstad (Director)	$0	$0
Rachel Jerstad (Director)	$0	$0
Michael Jerstad (Director)	$0	$0
Sarah Jerstad (Director)	$0	$0
Kelly Jerstad (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 17, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$215,994

Expenses

$205,717

Net Income

$10,277

Net Assets

$3,484,520

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$133	0.1%
Dividends	$93,416	43.2%
Sales of Assets	$122,445	56.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$178,800	86.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,484,520
Total Liabilities	$0
Net Assets	$3,484,520

Compensation

Key Employees and Officers	Compensation	Other
Sandra I Jerstad (Director)	$0	$0
Rachel Jerstad (Director)	$0	$0
Michael Jerstad (Director)	$0	$0
Sarah Jerstad (Director)	$0	$0
Kelly Jerstad (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

-$14,107

Expenses

$171,973

Net Income

-$186,080

Net Assets

$3,900,830

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$178
Dividends	$71,362
Sales of Assets	-$88,490
Other Income	$2,843

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$169,411	98.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,900,830
Total Liabilities	$0
Net Assets	$3,900,830

Compensation

Key Employees and Officers	Compensation	Other
Sandra I Jerstad (Director)	$0	$0
Rachel Jerstad (Director)	$0	$0
Michael Jerstad (Director)	$0	$0
Sarah Jerstad (Director)	$0	$0
Kelly Jerstad (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$194,709

Expenses

$189,611

Net Income

$5,098

Net Assets

$3,455,871

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$27,600	14.2%
Interest Revenue	$0
Dividends	$74,660	38.3%
Sales of Assets	$88,782	45.6%
Other Income	$3,667	1.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$187,203	98.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,455,871
Total Liabilities	$0
Net Assets	$3,455,871

Compensation

Key Employees and Officers	Compensation	Other
Sandra I Jerstad (Director)	$0	$0
Rachel Jerstad (Director)	$0	$0
Michael Jerstad (Director)	$0	$0
Sarah Jerstad (Director)	$0	$0
Kelly Jerstad (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 9, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$158,920

Expenses

$168,433

Net Income

-$9,513

Net Assets

$3,365,981

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$27,600	17.4%
Interest Revenue	$0
Dividends	$74,224	46.7%
Sales of Assets	$46,219	29.1%
Other Income	$10,877	6.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$163,655	97.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,365,981
Total Liabilities	$0
Net Assets	$3,365,981

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$187,967

Expenses

$153,534

Net Income

$34,433

Net Assets

$3,538,117

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$28,200	15.0%
Interest Revenue	$0
Dividends	$88,029	46.8%
Sales of Assets	$71,644	38.1%
Other Income	$94	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$147,673	96.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,546,722
Total Liabilities	$8,605
Net Assets	$3,538,117

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$195,888

Expenses

$152,471

Net Income

$43,417

Net Assets

$3,500,597

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$27,600	14.1%
Interest Revenue	$0
Dividends	$72,341	36.9%
Sales of Assets	$95,947	49.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$151,768	99.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,500,597
Total Liabilities	$0
Net Assets	$3,500,597

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$129,937

Expenses

$168,904

Net Income

-$38,967

Net Assets

$3,108,866

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$27,600	21.2%
Interest Revenue	$0
Dividends	$82,576	63.6%
Sales of Assets	$19,761	15.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$165,552	98.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,108,866
Total Liabilities	$0
Net Assets	$3,108,866

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$110,699

Expenses

$140,245

Net Income

-$29,546

Net Assets

$2,874,385

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$27,600	24.9%
Interest Revenue	$0
Dividends	$78,418	70.8%
Sales of Assets	$4,373	4.0%
Other Income	$308	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$140,030	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,874,386
Total Liabilities	$1
Net Assets	$2,874,385

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

Jerstad Family Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $326k (2024)

Expenses $203k (2024)

Total Assets $4.4M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Revenue

$326k (2024)

Expenses

$203k (2024)

Total Assets

$4.4M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001

Fiscal Year Ending Dec.
1999