PARKS & WILDLIFE FOUNDATION
523 East Capitol Ave
Pierre, SD 57501-3182
Mission: Soliciting and encouraging support to preserve and protect South Dakota's natural resources andoutdoor heritage and provide expanded recreation and education opportunities.
Organizational Structure: The Foundation is a separate, nongovernmental, nonprofit, public501(c)(3)organization working in partnership with the South Dakota Department of Game, Fish and Parks to accomplish its mission. The Foundation is governed by a board of directors comprised of up to 15 regular members and two ex-officio members that have full voting rights. The Secretary of the Department of Game, Fish, and Parks and a designated representative from the Game Fish and Parks Commission serve as the ex officio members. An Executive Director employed by the Department provides administrative services through a memorandum of understanding between the Department and Foundation. Development services areprovided by consultants through an annual personal services contract administered by the Foundation. The development consultants report directly to the Board of Directors.
Assets of the Foundation: The Foundation manages over $4 million in restricted funds for specific activities and another $2.6 million in land, buildings and equipment. It manages a small but vital unrestricted endowment. The Foundation owns nearly 3,000 acres of land that provide wildlife habitat, outdoor recreation, and historic or environmental education. In a few cases, these lands generate income for Foundation commitments. It also owns several scenic conservation easements. Many millions of dollars in a variety of gifts have been turned over to the Department of Game, Fish and Parks.
Regulation: Like all foundations with significant assets, the South Dakota Parks and Wildlife Foundation files an annual information return, Form 990, with the IRS. The return is based on an annual audit or compilation. These annual returns are available to the public by request from the Foundation or on line at guidestar.org in the South Dakota Parks and Wildlife Foundation information site. The IRS provides oversight for all charitable organizations. It has specific expectations for Foundation governance, asset distribution, financial management, and other aspects of administration. The South Dakota Parks and Wildlife Foundation adheres to all federal and state regulations and follows the Code of Ethical Principles and Standards of the Association of Fundraising Professionals.
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