The Sand County Foundation INC FY2023 filing

Tax-deductible

Madison, WI501(c)(3)Since 1965EIN 39-6089450Revenue $7.3M in FY2023

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.
91¢ of each $1 spent went to programs.
$884K 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

FY2023 · 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
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$884K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 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
$686K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 15 voting members
Looks good: 14 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.3M
-24% vs prior year
Spent
$7.5M
To programs
91%
Net assets
$16.8M
By yearFY2020–FY2025
Revenue
$7.3M
FY2023▼ -24%
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
$7.5M
FY2023▲ +15%
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
$16.8M
FY2023▲ +8%
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 FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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

91 cents of each dollar spent went to programs.

Program services 91% · $6.8M Management & general 8% · $580K Fundraising 2% · $118K

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; $884K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$192,528Pt VII · Sec A
VP Agricultural Conservation & Research
$163,694Pt VII · Sec A
VP External Relations
$142,775Pt VII · Sec A
Executive Director - Epic
$135,366Pt VII · Sec A
Leopold Conservation Award
$128,917Pt VII · Sec A
Chief Strat Off & Dir of Water - Epic
$116,203Pt 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 · $6.8M · in their own filed words · FY2023
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.

$4.3Mprogram 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.

$1.7Mprogram 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.

$850Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$7.3M
Ln 12
Gifts and grantsLn 1h$6.5M
Fees for servicesLn 2g$519K
Investment incomeLn 3$297K
Money outPt IX
$7.5M
Ln 25
Programscol B$6.8M
Managementcol C$580K
Fundraisingcol D$118K
Owns and owesPt X
$16.8M
net assets · Ln 32
Cash and savingsLn 1–2$3.6M
Total assetsLn 16$17.5M
LiabilitiesLn 26$686K
PeoplePt VI, VII
20
listed · VII A
PaidVII A7
Voting boardVI 1a15
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.5M
Government grantsLn 1e$1.1M
Fees for servicesLn 2g$519K
Investment incomeLn 3$297K
Other incomeLn 4–11$9K
Total revenueLn 12$7.3M
Assets in detailPt X, end of year
CashLn 1$626K
SavingsLn 2$3.0M
Cash and savings togetherLn 1–2$3.6M
InvestmentsLn 11–13$11.9M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$420K
Total assetsLn 16$17.5M
LiabilitiesLn 26$686K
Net assetsLn 32$16.8M
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 FY23End FY23
Cash and savingsLn 1–2$2.9M$3.6M
InvestmentsLn 11–13$10.2M$11.9M
Land, buildings, equipmentLn 10c$1K$0
Total assetsLn 16$16.7M$17.5M
LiabilitiesLn 26$1.2M$686K
Net assetsLn 32$15.6M$16.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.2M$1.2M
Grants to domestic individualsLn 2$170K$170K
Pay of current officers, directors and key staffLn 5$222K$203K$14K$5K
Other salaries and wagesLn 7$3.1M$2.8M$200K$73K
Pension plan contributionsLn 8$81K$73K$5K$2K
Other employee benefitsLn 9$716K$653K$46K$17K
Payroll taxesLn 10$270K$246K$17K$6K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$74K$74K
Investment management feesLn 11f$45K$45K
Other fees for servicesLn 11g$972K$874K$94K$4K
Advertising and promotionLn 12$4K$3K$303$50
Office expensesLn 13$127K$110K$15K$3K
Information technologyLn 14$60K$54K$4K$1K
OccupancyLn 16$101K$84K$14K$3K
TravelLn 17$204K$186K$17K$839
Conferences, conventions and meetingsLn 19$119K$94K$25K
Depreciation, depletion and amortizationLn 22$1K$1K$150$32
InsuranceLn 23$17K$14K$2K$367
Other expenses (24a–d)Ln 24$77K$75K$740$2K
Total functional expensesLn 25$7.5M$6.8M$580K$118K

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 Viewing $7.3M$7.5M−$209K$16.8M 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $7,327,567 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,806,160$6,501,565
I-9 Program service revenuePrior year $554,960$519,395
I-10 Investment incomePrior year $221,023$297,380
I-11 Other revenuePrior year $16,081$9,227
I-12 Total revenuePrior year $9,598,224$7,327,567
I-13 Grants and similar amounts paidPrior year $896,846$1,346,981
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,577,209$4,383,182
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,105,620$1,805,935
I-18 Total expensesPrior year $6,579,675$7,536,098
I-19 Revenue less expensesPrior year $3,018,549−$208,531
Part VI · Governance 14 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members14
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 $7,327,567 across 6 lines filed
Lines not itemized here account for $9,227 of total revenue; see the IRS return.
VIII-1e Government grants$1,051,889
VIII-1f All other contributions, gifts and grants$5,449,676
VIII-1h Total contributions, gifts and grants$6,501,565
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $519,395$519,395
VIII-3 Investment incomeExcluded from tax $297,380$297,380
VIII-12 Total revenueRelated to mission $519,395 · Unrelated business $0 · Excluded from tax $306,607$7,327,567
Part IX · Statement of functional expenses $7,536,098 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $1,177,452$1,177,452
IX-2 Grants to domestic individualsPrograms $169,529$169,529
IX-5 Pay of current officers, directors and key staffPrograms $202,605 · Management $14,388 · Fundraising $5,247$222,240
IX-7 Other salaries and wagesPrograms $2,821,299 · Management $200,359 · Fundraising $73,064$3,094,722
IX-8 Pension plan contributionsPrograms $73,470 · Management $5,218 · Fundraising $1,903$80,591
IX-9 Other employee benefitsPrograms $652,826 · Management $46,361 · Fundraising $16,907$716,094
IX-10 Payroll taxesPrograms $245,721 · Management $17,450 · Fundraising $6,364$269,535
IX-11b Legal feesManagement $3,512$3,512
IX-11c Accounting feesManagement $74,484$74,484
IX-11f Investment management feesManagement $45,228$45,228
IX-11g Other fees for servicesPrograms $874,188 · Management $93,968 · Fundraising $4,289$972,445
IX-12 Advertising and promotionPrograms $3,238 · Management $303 · Fundraising $50$3,591
IX-13 Office expensesPrograms $109,726 · Management $14,960 · Fundraising $2,731$127,417
IX-14 Information technologyPrograms $54,336 · Management $4,326 · Fundraising $1,371$60,033
IX-16 OccupancyPrograms $83,637 · Management $14,370 · Fundraising $3,047$101,054
IX-17 TravelPrograms $185,842 · Management $17,385 · Fundraising $839$204,066
IX-19 Conferences, conventions and meetingsPrograms $94,280 · Management $24,785$119,065
IX-22 Depreciation, depletion and amortizationPrograms $1,247 · Management $150 · Fundraising $32$1,429
IX-23 InsurancePrograms $14,418 · Management $1,732 · Fundraising $367$16,517
IX-24 Other expenses (24a–d)Programs $74,505 · Management $740 · Fundraising $1,849$77,094
IX-25 Total functional expensesPrograms $6,838,319 · Management $579,719 · Fundraising $118,060$7,536,098
Part X · Balance sheet $17,485,614 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $110,803$625,812
X-2 Savings and temporary cash investmentsStart of year $2,765,221$2,977,474
X-3 Pledges and grants receivableStart of year $3,074,977$1,446,070
X-4 Accounts receivableStart of year $108,337$45,125
X-9 Prepaid expenses and deferred chargesStart of year $29,724$35,806
X-10c Land, buildings and equipment, netStart of year $1,428$0
X-11 Publicly traded securitiesStart of year $6,724,027$8,588,756
X-12 Other securitiesStart of year $3,451,002$3,346,591
X-15 Other assetsStart of year $453,427$419,980
X-16 Total assetsStart of year $16,718,946$17,485,614
X-17 Accounts payable and accrued expensesStart of year $364,463$158,178
X-18 Grants payableStart of year $325,000$86,490
X-25 Other liabilitiesStart of year $464,271$441,190
X-26 Total liabilitiesStart of year $1,153,734$685,858
X-27 Net assets without donor restrictionsStart of year $5,780,190$5,919,776
X-28 Net assets with donor restrictionsStart of year $9,785,022$10,879,980
X-32 Total net assets or fund balancesStart of year $15,565,212$16,799,756
X-33 Total liabilities and net assetsStart of year $16,718,946$17,485,614
Part XI · Reconciliation of net assets $16,799,756 net assets at year end
XI-1 Total revenue$7,327,567
XI-2 Total expenses$7,536,098
XI-3 Revenue less expenses−$208,531
XI-4 Net assets at start of year$15,565,212
XI-5 Net unrealized gains (losses) on investments$1,443,075
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$16,799,756

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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