Signatry Charitable Trust
99% goes to programs $0 to raise $100 Strong reserves Growing revenue
Signatry Charitable Trust is a 501(c)(3) organization based in Sioux Falls, South Dakota, registered in 2019, with $1,038,691,653 in FY2024 revenue. CharityIndex grades it A, and it directs about 99% of spending to programs.
315 N Main Ave Ste 305, Sioux Falls, SD, 57104 EIN 82-5070897 Since 2019
Revenue (FY2024)
$1.0B
▲ 614.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$577.3M
Net assets
$815.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Signatry Charitable Trust: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +44% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Signatry Charitable Trust: 17 mo reserves · +44% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Signatry Charitable Trust: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Signatry Charitable Trust: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To inspire and facilitate revolutionary biblical generosity across generations to solve the world's greatest problems.
Contact & location
- Address
- 315 N Main Ave Ste 305, Sioux Falls, SD, 57104
- City
- Sioux Falls
- State
- South Dakota
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $19.3M (FY2019) to $1.0B (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $714KNet assets $815.5M
Operating margin
44.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$816.2M
Total liabilities
$714K
Net assets
$815.5M
Salaries & benefits
$200K
0% of expenses
Board members
1
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,038,691,653▲614% | $577,321,357▲1884% | $815,470,884▲139% | $816,185,056▲140% | 990 |
| 2023 | $145,393,838▲5.8% | $29,094,402▼45.5% | $340,589,510▲55.5% | $340,612,633▲55.4% | 990 |
| 2022 | $137,477,167▲4.2% | $53,423,220▼31.3% | $219,039,981▲55.7% | $219,158,362▲55.8% | 990 |
| 2021 | $131,976,926▲79.2% | $77,758,113▲376% | $140,691,066▲73.3% | $140,693,242▲73.3% | 990 |
| 2020 | $73,628,321▲282% | $16,324,273▲5115% | $81,194,986▲329% | $81,194,986▲328% | 990 |
| 2019 | $19,279,786 | $313,035 | $18,911,681 | $18,962,841 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: First Covenant Tr Adv LLC — $200,000 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| First Covenant Tr Adv LLC | Trustee | 5 | $200,000 |
| Dane A Frazier | Chief Tax Officer (ending 11/1/24), Chief Legal Officer (beginning 11/1/24) , Secretary | 30 | — |
| Erik J Schartner | Former Vice President , Former Secretary | 0 | — |
| Jason P Yakelis | Chief Operating Officer (beginning 12/12/24) | 10 | — |
| Lawrence Scott | Former Vice President | 0 | — |
| Mark W Klinger | Chief Financial Officer & Treasurer | 20 | — |
| Stephen A French | President | 20 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Providence Financial Advisors LLC | Investment Advisory Services | $709,602 |
| Gresham Partners LLC | Investment Advisory Services | $244,393 |
Grants received · $655.4M total
16 grants to Signatry Charitable Trust totaling $655.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Servant Foundation | Community development | 2024 | $222,921,508 |
| International Generosity Foundation Trust | Poverty alleviation | 2024 | $500,000 |
| American Endowment Foundation | Philanthropy | 2024 | $139,685 |
| Edward Charles Foundation | Charitable gift | 2024 | $10,000 |
| Servant Foundation | Community development | 2023 | $344,057,333 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $601,424 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $550,402 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $383,328 |
| Servant Foundation | Community development | 2022 | $25,183,122 |
| Servant Foundation | Community development | 2021 | $20,642,421 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $285,853 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $285,853 |
| Servant Foundation | Community development | 2020 | $18,296,004 |
| Servant Foundation | Community development | 2020 | $18,296,004 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $3,085,108 |
Grants made · $568.4M in FY2024
1,765 grants totaling $568.4M in FY2024 — showing the 15 largest. All grants made by Signatry Charitable Trust →
| Recipient | Purpose | Amount |
|---|---|---|
| Come Near Media Inc | Community development | $130,669,224 |
| Come and See Foundation Inc | Community development | $55,009,000 |
| World Literature Crusade | Religious ministry | $47,328,600 |
| Servant Foundation | Community development | $36,912,683 |
| Onehope Inc | Religious ministry | $35,200,674 |
| National Christian Charitable Foundation | Community development | $31,532,088 |
| Alliance Defending Freedom | Community development | $19,182,600 |
| Youversion Inc | Community development | $18,436,650 |
| Highlands College | Education | $17,510,000 |
| Christian Community Foundation Inc | Community development | $11,000,000 |
| Answers In Genesis Inc | Religious ministry | $9,183,700 |
| Mission Mutual | Religious ministry | $8,457,963 |
| Lifechurch Edmond | Religious ministry | $7,113,250 |
| Conservative Partnership Institute | Community development | $5,600,532 |
| Evangel University of the Assemblies of God | Education | $5,000,100 |
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Frequently asked questions
- Is Signatry Charitable Trust a legitimate nonprofit?
- Yes. Signatry Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-5070897, based in Sioux Falls, South Dakota. Donations are tax-deductible.
- What is Signatry Charitable Trust's EIN?
- Signatry Charitable Trust's Employer Identification Number (EIN) is 82-5070897.
- How much revenue does Signatry Charitable Trust report?
- Signatry Charitable Trust reported $1,038,691,653 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Signatry Charitable Trust's spending goes to programs?
- Signatry Charitable Trust spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Signatry Charitable Trust have?
- CharityIndex grades Signatry Charitable Trust A, based on program efficiency and fundraising cost.
- How much does Signatry Charitable Trust's highest-paid employee make?
- The highest reported compensation on Signatry Charitable Trust's latest Form 990 is $200,000, paid to First Covenant Tr Adv LLC (Trustee).
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Data for Signatry Charitable Trust (EIN 82-5070897) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.