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Our Mission

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Funds

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Planned Giving................................................................... 3 Investing in South Dakota’s Future................................. 4 Fund Types.......................................................................... 5 New Funds Established in 2018....................................... 6

Donors OUR HISTORY: The South Dakota Community Foundation (SDCF) was created as a public, nonprofit corporation on November 11, 1987, as part of the late Governor George S. Mickelson’s vision for South Dakota’s second century.

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Estate Planning: Bill Matousek........................................ 8 Donor Spotlight: Gary and Connie Grittner.................... 9 Legacy Society................................................................. 10 Donor Spotlight: Jeff and Linda Erickson..................... 11 Donor List.......................................................................... 13

To establish the SDCF, the McKnight Foundation and 3M Corporation issued a $5 million challenge grant to the state of South Dakota. The grant memorialized the life of South Dakota native William L. McKnight, a former CEO of the 3M Corporation and founder of the McKnight Foundation. The state of South Dakota committed $2 million, and within twelve months, SDCF leadership raised the additional $3 million from private donors to fulfill the challenge grant.

Grants

Today, the SDCF, a public nonprofit organization, holds approximately $317 million in total assets and manages 925 funds. The earnings from those funds support charitable needs and causes throughout the state. With the continued generosity of South Dakotans and solid investment returns, the SDCF will continue to serve individuals, families and communities across the state for generations to come.

Communities

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South Dakota Fund Grants............................................. 29 Community Innovation Grants........................................ 32 Grant Recipient Spotlight: Junior Achievement of SD.... 34 The Fairy Godmother’s Fund: Ten Years ....................... 36 Nonprofit Savings Account Grants............................... 37 Foundation Partner Grants............................................. 38

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Community Savings Accounts Overview...................... 49 CSA Spotlight: Faith Area Community Foundation...... 50

Financials

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Leadership

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South Dakota Community Foundation would like to recognize the Avera Marketing team for their generous in-kind donation to design this annual report.

Table of Contents

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Profile for South Dakota Community Foundation

2018 South Dakota Community Foundation Annual Report  

2018 South Dakota Community Foundation Annual Report  

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