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The Dakota Foundation
PO Box 1535
Jamestown, ND 58402-1535

Tel: 701-252-3420
Fax: 701-252-3427



The Dakota Foundation announces a temporary departure from its key mission of fostering entrepreneurship.

Holaday CenterIn January 2010, the Foundation announced a $5 million gift to the U.S. Air Force Academy Endowment that enabled the Academy to begin construction of a $15 million indoor training facility. The new facility is called the Holaday Athletic Center and opened in Summer of 2011. The Holaday Athletic Center is the largest privately funded capital project in Academy history, housing a regulation field sized to accommodate lacrosse, football, and soccer, in addition to many other athletic activities.

Mr. Holaday, founder of the Dakota Foundation, is a 1965 graduate of the Air Force Academy and was a football player there. He recently received the Academy's Distinguished Service Award for his efforts over the years in fostering excellence in all aspects of Academy life. Further information about the Holaday Athletic Center can be found at hac.usafa.org.

A benefaction of this size means that we will not be able to fund new projects in education and entrepreneurship for the near future," Holaday said. "We continue, of course, with the programs we currently support in North Dakota and New Mexico, but we will not initiate new partnerships for the next several years.


Letter from the Founder & President

As we enter our second decade, there are several things we want people to know about us. First, the Dakota Foundation focuses on ways to combine business discipline and charitable intentions to solve social problems.

We foster organizations and activities that are sustainable in an economic and environmental sense. We help people invest in themselves to improve their economic condition and that of their families and communities. All of this ties to our values: self-reliance, human dignity, equal opportunity, and preservation of life and beauty on our earth.

Bart Holaday


Dakota Venture Group: The Nation's Premier Student-Managed Venture Capital Fund

Dakota Venture Group
Front row: Matt Maurer, Shannon Pearson, Dan Waind
Middle Row: Grant Marquardt, Amy Indridason, Sterling Wiggins, Chris Virta, Mark Giese, Jordan Schutzle
Back Row: Lee Groeschl

Will Kusler


Dakota Foundation backs student entrepreneur programs in angel and venture capital.

The Dakota Foundation supports initiatives with the UND Center for Innovation Foundation to provide educational opportunities for UND students interested in angel and venture capital investments in entrepreneur ventures. The Valley Angel Investor Internship and the Dakota Venture Group are funded through two grants to the Center for Innovation Foundation at UND.

Bart Holaday, chair of the Dakota Foundation said, "My wife Lynn and I enjoy seeing students learn hands-on from investing in startup ventures. We are training both aspiring venture capitalists and emerging entrepreneurs who need to know what it takes to attract equity investment." He added, "The real world of venture investing is identifying deals, hearing pitches, determining the valuation of a venture, negotiating terms, helping grow profitable ventures and monitoring the investments in the portfolio. Graduates from UND who have this practical venture investment experience will have a competitive advantage if they want to be entrepreneurs or venture capitalists."