The South Dakota Outdoor Recreation Foundation (SDORF) is a non-profit organization dedicated to promoting and supporting outdoor recreation activities in the state. The foundation has been instrumental in funding numerous projects, including the development of the Black Hills National Forest, the creation of the Spearhead State Park, and the expansion of the Badlands National Park. The foundation’s current campaign, “Building Our Future,” focuses on supporting projects that will enhance the state’s outdoor recreation infrastructure and provide opportunities for residents and visitors alike.
Nyberg emphasized the importance of maintaining and improving the outdoor recreation infrastructure in South Dakota. He pointed out that the state’s natural beauty and recreational opportunities are a major draw for tourists and residents alike. He also stressed the need for collaboration between state and local governments, as well as private sector stakeholders, to ensure the sustainability of outdoor recreation in South Dakota. Nyberg’s comments came during a recent meeting of the South Dakota Outdoor Recreation Council.
The foundation’s revenue stream is primarily driven by the leasing of land it owns. This land is located in various locations across the foundation’s portfolio, including in the United States and internationally. The foundation has a long history of leasing land to businesses and organizations, and this practice has been a consistent source of income for the foundation. The foundation’s endowment principal is a significant portion of its total assets. This endowment principal is invested in a diversified portfolio of assets, including stocks, bonds, and real estate.
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