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First District Development Company

Watertown, South Dakota  ·  EIN 460374958  ·  Private foundation

Based in Watertown, South Dakota, First District Development Company has awarded $2.5M across 1 grants in our index of public IRS filings, with giving recorded as recently as 2025. Its largest grant on record went to Ally Dakota Development Inc. This profile covers its focus areas, top grant recipients, year-by-year giving, and how a nonprofit should approach it.

$3.1M
Annual giving (FY2025)
$0
Total assets
1
Grants tracked
2025
Most recent grant

What First District Development Company funds

First District Development Company's giving carries a documented focus on economic development.

Economic Development

Grant history

The largest grants Bespoke Grants has on record for First District Development Company, by amount:

RecipientLocationGrantYear
Ally Dakota Development IncRapid City, SD$2.5M2025

How to apply for funding from First District Development Company

First District Development Company's public IRS filing does not spell out a formal application process. Foundations of this size often give primarily to organizations they already know, so a concise letter of inquiry or a warm introduction is usually the best first contact — not a full proposal.

Is First District Development Company the right funder for your nonprofit?

This page shows what First District Development Company has funded. Bespoke Grants tells you whether it fits your mission — and finds every other foundation that does. Free, no credit card.

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Frequently asked questions about First District Development Company

Does First District Development Company accept grant applications?
First District Development Company's public filing does not specify an application process. A brief letter of inquiry or a warm introduction is usually the best first step with a private foundation of this size.
What does First District Development Company fund?
First District Development Company's grants focus on economic development. Recent recipients include Ally Dakota Development Inc. Its full grant history is listed above.
How much does First District Development Company give in grants?
First District Development Company reported $3.1M in grants in its most recent IRS filing (FY2025). Across all years in our data it has awarded $2.5M over 1 grants.
Where is First District Development Company located?
First District Development Company is based in Watertown, South Dakota. Its IRS employer identification number (EIN) is 460374958.
How can I find foundations similar to First District Development Company?
Bespoke Grants matches your nonprofit against 225,000+ foundations like First District Development Company, ranking each by how well it fits your mission, location, and budget — with the reasoning shown. It is free to search.

Find more funders like First District Development Company

Economic Development grant funders in South DakotaAll grant funders in South Dakota

Foundations similar to First District Development Company

Other South Dakota grantmakers with overlapping priorities:

Sanford Group Return · $49.6MSioux Falls Area Community · $18.4MRapid City Economic Development Foundati · $12.0MJohn T Vucurevich Foundation · $7.7MGrow South Dakota · $705KAberdeen Development Corporation · $568KBlack Hills Works Foundation Inc · $561K
About this profile. This page is built from First District Development Company's public IRS Form 990-PF and 990 filings, indexed by Bespoke Grants alongside 13M+ grants from 225,000+ U.S. foundations. Grant figures reflect filings available to date; IRS data publishes on a 1–2 year lag. Bespoke Grants is not affiliated with First District Development Company. Always confirm current giving priorities and application procedures with the foundation directly before applying.