The Sand County Foundation INC FY2022 filing

Tax-deductible

Madison, WI501(c)(3)Since 1965EIN 39-6089450Revenue $9.6M in FY2022

On file with the IRSsandcountyfoundation.org44 E Mifflin St Ste 1005, 53703-2800 · Madison, WITax-exempt since Dec 1965Publicly supported charity — 170(b)(1)(A)(vi)

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Sand County foundation's mission is to inspire and empower a growing number of land owners and managers to ethically care for the land to sustain water resources, build healthy soil, enhance wildlife habitat, and support outdoor recreation.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$870K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $115K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$870K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
18
named funders · $619K
Looks good: 18 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.6M
+56% vs prior year
Spent
$6.6M
To programs
89%
Net assets
$15.6M
By yearFY2020–FY2025
Revenue
$9.6M
FY2022▲ +56%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.3M
FY2021$6.2M
FY2022$9.6M
FY2023$7.3M
FY2024$4.1M
FY2025$4.2M
Expenses
$6.6M
FY2022▲ +76%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.0M
FY2021$3.7M
FY2022$6.6M
FY2023$7.5M
FY2024$9.6M
FY2025$4.9M
Net assets
$15.6M
FY2022▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$12.0M
FY2021$15.1M
FY2022$15.6M
FY2023$16.8M
FY2024$12.4M
FY2025$12.5M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1965.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $5.9M Management & general 9% · $619K Fundraising 2% · $104K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $870K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$168,084Pt VII · Sec A
Executive Director - Epic
$155,013Pt VII · Sec A
Vice-President Agricultural Research
$153,777Pt VII · Sec A
Vice-President External Relations
$133,983Pt VII · Sec A
Water Quality Partnerships Director
$127,665Pt VII · Sec A
Leopold Conservation Award Program Director
$126,088Pt VII · Sec A
$5,000Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kevin McAleese$200,000$192,509$192,528$168,084$162,210$147,941
Heidi Peterson$170,195—————
Heidi Peterson PHD—$161,014$163,694$153,777$144,287$131,370
Timothy Male PHD——$135,366$155,013$133,976$127,177
Chris Schellpfeffer——$142,775———
Christina Schellpfeffer$139,533$133,514—$133,983$123,177$119,710
Lance Irving$132,295$126,924$128,917$126,088$120,822—
Kemper Durand———$127,665$121,381$120,416

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires and enables private landowners to ethically manage natural resources through conservation programs and the prestigious Leopold Conservation Award.

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Provided by the organization

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3 programs · $5.9M · in their own filed words · FY2022
01

Conservation Policy and Influence

Through its conservation policy initiative, the foundation uses some of the same principles from its body of work to build and support ecosystem-scale species conservation models, greater access to safe drinking water supplies, and better use of data technology to achieve ecosystem restoration.

$3.6Mprogram expense
02

Agricultural Conservation

The foundation's agricultural conservation program demonstrates land management practices that protect soil and water, utilize them more efficiently, and maximize the environmental benefits and productive capacity of agricultural systems.

$1.5Mprogram expense
03

Leopold Conservation Award

The leopold conservation award recognizes farmers, ranchers and foresters for achievements in conservation on working land. With prominent partners in many states across the U.S., the foundation presents the annual awards in settings that showcase the landowners' conservation success among their peers.

$783Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 18 funders →
Grants paid · 102 grants · $9.5M · 2020–2025
American Farmland TrustDC · FY2025$333,630
Unitemized GrantFY2025$150,000
Dubuque Soil & Water Conservation DistrictFY2025$101,340
Sauk County LreFY2025$85,924
Green County Land and Water ConservationFY2025$66,932
Unitemized GrantFY2025$62,460
Level-Vu Acres LLCFY2025$22,115
National Audubon Society INCNY · FY2025$17,023
Gbjf Enterprises LLCFY2025$14,924
Pollack-Vu Dairy LLCFY2025$14,110
Wiltse Family Farms LLCFY2025$10,000
Viramontes Farms LLCFY2025$10,000
Twin Maples FarmFY2025$10,000
T L L Temple FoundationTX · FY2025$10,000
Kerwin Hill Farm LLCFY2025$10,000
See all 102 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$9.6M
Ln 12
Gifts and grantsLn 1h$8.8M
Fees for servicesLn 2g$555K
Investment incomeLn 3$221K
Money outPt IX
$6.6M
Ln 25
Programscol B$5.9M
Managementcol C$619K
Fundraisingcol D$104K
Owns and owesPt X
$15.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.9M
Total assetsLn 16$16.7M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
20
listed · VII A
PaidVII A7
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.8M
Government grantsLn 1e$716K
Fees for servicesLn 2g$555K
Investment incomeLn 3$221K
Other incomeLn 4–11$16K
Total revenueLn 12$9.6M
Assets in detailPt X, end of year
CashLn 1$111K
SavingsLn 2$2.8M
Cash and savings togetherLn 1–2$2.9M
InvestmentsLn 11–13$10.2M
Land, buildings, equipmentLn 10c$1K
Other assetsLn 15$453K
Total assetsLn 16$16.7M
LiabilitiesLn 26$1.2M
Net assetsLn 32$15.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 616
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.0M$2.9M
InvestmentsLn 11–13$12.6M$10.2M
Land, buildings, equipmentLn 10c$3K$1K
Total assetsLn 16$15.5M$16.7M
LiabilitiesLn 26$352K$1.2M
Net assetsLn 32$15.1M$15.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$827K$827K
Grants to domestic individualsLn 2$70K$70K
Pay of current officers, directors and key staffLn 5$200K$178K$16K$5K
Other salaries and wagesLn 7$2.6M$2.3M$211K$67K
Pension plan contributionsLn 8$83K$74K$7K$2K
Other employee benefitsLn 9$485K$433K$39K$13K
Payroll taxesLn 10$214K$191K$17K$6K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$65K$65K
Investment management feesLn 11f$44K$44K
Other fees for servicesLn 11g$1.3M$1.2M$123K$5K
Advertising and promotionLn 12$71K$62K$8K$375
Office expensesLn 13$115K$102K$10K$3K
Information technologyLn 14$58K$44K$13K$970
OccupancyLn 16$54K$39K$14K$419
TravelLn 17$211K$188K$21K$866
Conferences, conventions and meetingsLn 19$96K$74K$21K
Depreciation, depletion and amortizationLn 22$2K$988$712$14
InsuranceLn 23$10K$6K$4K$86
Other expenses (24a–d)Ln 24$42K$40K$922$1K
Total functional expensesLn 25$6.6M$5.9M$619K$104K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.2M$4.9M−$736K$12.5M 990 PDF
FY2024 $4.1M$9.6M−$5.5M$12.4M 990 PDF
FY2023 $7.3M$7.5M−$209K$16.8M 990 PDF
FY2022 Viewing $9.6M$6.6M$3.0M$15.6M 990 PDF
FY2021 $6.2M$3.7M$2.4M$15.1M 990 PDF
FY2020 $3.3M$3.0M$334K$12.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $9,598,224 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,501,243$8,806,160
I-9 Program service revenuePrior year $355,297$554,960
I-10 Investment incomePrior year $291,493$221,023
I-11 Other revenuePrior year $6,363$16,081
I-12 Total revenuePrior year $6,154,396$9,598,224
I-13 Grants and similar amounts paidPrior year $276,145$896,846
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,376,746$3,577,209
I-16a Professional fundraising feesPrior year $935$0
I-17 Other expensesPrior year $1,087,573$2,105,620
I-18 Total expensesPrior year $3,741,399$6,579,675
I-19 Revenue less expensesPrior year $2,412,997$3,018,549
Part VI · Governance 12 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,598,224 across 6 lines filed
Lines not itemized here account for $16,081 of total revenue; see the IRS return.
VIII-1e Government grants$715,831
VIII-1f All other contributions, gifts and grants$8,090,329
VIII-1h Total contributions, gifts and grants$8,806,160
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $554,960$554,960
VIII-3 Investment incomeExcluded from tax $221,023$221,023
VIII-12 Total revenueRelated to mission $554,960 · Unrelated business $0 · Excluded from tax $237,104$9,598,224
Part IX · Statement of functional expenses $6,579,675 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $826,846$826,846
IX-2 Grants to domestic individualsPrograms $70,000$70,000
IX-5 Pay of current officers, directors and key staffPrograms $178,414 · Management $16,262 · Fundraising $5,173$199,849
IX-7 Other salaries and wagesPrograms $2,317,125 · Management $211,207 · Fundraising $67,185$2,595,517
IX-8 Pension plan contributionsPrograms $73,773 · Management $6,724 · Fundraising $2,139$82,636
IX-9 Other employee benefitsPrograms $432,780 · Management $39,448 · Fundraising $12,548$484,776
IX-10 Payroll taxesPrograms $191,431 · Management $17,449 · Fundraising $5,551$214,431
IX-11b Legal feesManagement $2,027$2,027
IX-11c Accounting feesManagement $65,200$65,200
IX-11f Investment management feesManagement $44,179$44,179
IX-11g Other fees for servicesPrograms $1,209,011 · Management $122,932 · Fundraising $4,658$1,336,601
IX-12 Advertising and promotionPrograms $62,372 · Management $8,374 · Fundraising $375$71,121
IX-13 Office expensesPrograms $102,202 · Management $10,498 · Fundraising $2,683$115,383
IX-14 Information technologyPrograms $43,916 · Management $12,726 · Fundraising $970$57,612
IX-16 OccupancyPrograms $39,499 · Management $13,855 · Fundraising $419$53,773
IX-17 TravelPrograms $188,205 · Management $21,483 · Fundraising $866$210,554
IX-19 Conferences, conventions and meetingsPrograms $74,406 · Management $21,094$95,500
IX-22 Depreciation, depletion and amortizationPrograms $988 · Management $712 · Fundraising $14$1,714
IX-23 InsurancePrograms $5,927 · Management $4,273 · Fundraising $86$10,286
IX-24 Other expenses (24a–d)Programs $39,685 · Management $922 · Fundraising $1,063$41,670
IX-25 Total functional expensesPrograms $5,856,580 · Management $619,365 · Fundraising $103,730$6,579,675
Part X · Balance sheet $16,718,946 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $65,795$110,803
X-2 Savings and temporary cash investmentsStart of year $1,928,306$2,765,221
X-3 Pledges and grants receivableStart of year $844,594$3,074,977
X-4 Accounts receivableStart of year $21,529$108,337
X-9 Prepaid expenses and deferred chargesStart of year $35,848$29,724
X-10c Land, buildings and equipment, netStart of year $3,143$1,428
X-11 Publicly traded securitiesStart of year $7,956,571$6,724,027
X-12 Other securitiesStart of year $4,626,920$3,451,002
X-15 Other assetsStart of year $0$453,427
X-16 Total assetsStart of year $15,482,706$16,718,946
X-17 Accounts payable and accrued expensesStart of year $252,401$364,463
X-18 Grants payableStart of year $100,000$325,000
X-25 Other liabilitiesStart of year $0$464,271
X-26 Total liabilitiesStart of year $352,401$1,153,734
X-27 Net assets without donor restrictionsStart of year $8,745,653$5,780,190
X-28 Net assets with donor restrictionsStart of year $6,384,652$9,785,022
X-32 Total net assets or fund balancesStart of year $15,130,305$15,565,212
X-33 Total liabilities and net assetsStart of year $15,482,706$16,718,946
Part XI · Reconciliation of net assets $15,565,212 net assets at year end
XI-1 Total revenue$9,598,224
XI-2 Total expenses$6,579,675
XI-3 Revenue less expenses$3,018,549
XI-4 Net assets at start of year$15,130,305
XI-5 Net unrealized gains (losses) on investments−$2,583,642
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$15,565,212

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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