Sioux Falls Area Community Foundation Inc

Organization Overview

Sioux Falls Area Community Foundation Inc is located in Sioux Falls, SD. The organization was established in 2001. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2020, Sioux Falls Area Community Foundation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Sioux Falls Area Community Foundation Inc generated $49.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $20.0m during the year ending 06/2020. While expenses have increased by 8.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Sioux Falls Area Community Foundation Inc has awarded 1,383 individual grants totaling $101,280,351. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SFACF IS A PUBLICLY-SUPPORTED COMMUNITY FOUNDATION. ITS PRIMARY ACTIVITY IS GRANTMAKING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SIOUX FALLS AREA COMMUNITY FOUNDATION IS A PUBLICLY SUPPORTED COMMUNITY FOUNDATION THAT ATTRACTS, MANAGES, AND DISTRIBUTES CHARITABLE CAPITAL. ITS PRIMARY SERVICE AREA IS THE SIOUX FALLS MSA, A FOUR-COUNTY AREA WITH A POPULATION OF APPROXIMATELY 250,000, AND OTHER COMMUNITIES WITHIN A 25-MILE RADIUS OF THE CITY OF SIOUX FALLS, SOUTH DAKOTA.SFACF'S PRIMARY ACTIVITY IS GRANTMAKING AIMED AT IMPROVING THE QUALITY OF LIFE IN THE SERVICE AREA, FOR GOOD, FOR EVER. IN FY 2020, OF MORE THAN 2,600 GRANTS MADE, NEARLY 150 STUDENTS BENEFITED FROM COMPETITIVELY AWARDED SCHOLARSHIPS AND COMPETITIVELY AWARDED GRANTS WERE MADE TO ORGANIZATIONS THAT SOUGHT TO ADDRESS THE AREA'S MOST PRESSING NEEDS AND OPPORTUNITIES. IN ALL, MORE THAN 500 CHARITABLE ORGANIZATIONS RECEIVED SUPPORT IN PROGRAM AREAS THAT INCLUDE ARTS AND HUMANITIES, COMMUNITY DEVELOPMENT, EDUCATION, ENVIRONMENT, HEALTH, HUMAN SERVICES, AND RELIGION. SFACF HAS MET AND ADHERES TO NATIONAL STANDARDS FOR COMMUNITY FOUNDATIONS IN THE U.S. AS ESTABLISHED BY THE COUNCIL ON FOUNDATIONS, WWW.COF.ORG, ARLINGTON, VIRGINIA.


SIOUX FALLS AREA COMMUNITY FOUNDATION IS A PUBLICLY SUPPORTED COMMUNITY FOUNDATION THAT ATTRACTS, MANAGES, AND DISTRIBUTES CHARITABLE CAPITAL. ITS PRIMARY SERVICE AREA IS THE SIOUX FALLS MSA, A FOUR-COUNTY AREA WITH A POPULATION OF APPROXIMATELY 250,000, AND OTHER COMMUNITIES WITHIN A 25-MILE RADIUS OF THE CITY OF SIOUX FALLS, SOUTH DAKOTA.SFACF'S PRIMARY ACTIVITY IS GRANTMAKING AIMED AT IMPROVING THE QUALITY OF LIFE IN THE SERVICE AREA, FOR GOOD, FOR EVER. IN FY 2020, OF MORE THAN 2,600 GRANTS MADE, NEARLY 150 STUDENTS BENEFITED FROM COMPETITIVELY AWARDED SCHOLARSHIPS AND COMPETITIVELY AWARDED GRANTS WERE MADE TO ORGANIZATIONS THAT SOUGHT TO ADDRESS THE AREA'S MOST PRESSING NEEDS AND OPPORTUNITIES. IN ALL, MORE THAN 500 CHARITABLE ORGANIZATIONS RECEIVED SUPPORT IN PROGRAM AREAS THAT INCLUDE ARTS AND HUMANITIES, COMMUNITY DEVELOPMENT, EDUCATION, ENVIRONMENT, HEALTH, HUMAN SERVICES, AND RELIGION. SFACF HAS MET AND ADHERES TO NATIONAL STANDARDS FOR COMMUNITY FOUNDATIONS IN THE U.S. AS ESTABLISHED BY THE COUNCIL ON FOUNDATIONS, WWW.COF.ORG, ARLINGTON, VIRGINIA.


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Financial Statements

Statement of Revenue
Federated campaigns$79,900
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$30,074,246
Noncash contributions included in lines 1a–1f $3,393,318
Total Revenue from Contributions, Gifts, Grants & Similar$30,154,146
Total Program Service Revenue$0
Investment income $4,355,899
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $15,185,316
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $49,695,361

Grants Awarded

Over the last fiscal year, Sioux Falls Area Community Foundation Inc has awarded $34,889,230 in support to 420 organizations.

Grant RecipientAmount

THE COMMUNITY OUTREACH

Org PageRecipient Profile

Sioux Falls, SD

PURPOSE: GENERAL SUPPORT, FLOOD ASSISTANCE, COVID-19 HOUSING ASSISTANCE

$2,143,260

THE COMMUNITY OUTREACH

Org PageRecipient Profile

Sioux Falls, SD

PURPOSE: GENERAL SUPPORT, FLOOD ASSISTANCE, COVID-19 HOUSING ASSISTANCE

$2,143,260

SANFORD HEALTH FOUNDATION

Org PageRecipient Profile

Sioux Falls, SD

PURPOSE: AVA'S HOUSE, STEPPING INTO GOOD HEALTH, MENTAL HEALTH PROGRAM, EMPLOYEE CRISIS FUND, GENERAL SUPPORT

$1,394,079

SANFORD HEALTH FOUNDATION

Org PageRecipient Profile

Sioux Falls, SD

PURPOSE: AVA'S HOUSE, STEPPING INTO GOOD HEALTH, MENTAL HEALTH PROGRAM, EMPLOYEE CRISIS FUND, GENERAL SUPPORT

$1,394,079

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Brookings, SD

PURPOSE: SCHOLARSHIP SUPPORT, GENERAL SUPPORT

$1,215,402

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Brookings, SD

PURPOSE: SCHOLARSHIP SUPPORT, GENERAL SUPPORT

$1,215,402
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Sioux Falls Area Community Foundation Inc has recieved totaling $81,558.

Awarding OrganizationAmount
Greg And Pam Sands Foundation

Sioux Falls, SD

PURPOSE: SIOUX EMPIRE TRIAGE CENTER

$50,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$12,666
Severson Family Foundation

Saint Louis Park, MN

PURPOSE: COMMUNITY BENEFIT

$7,000
Raymond James Charitable Endowment Fund

St Petersburg, FL

PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT

$5,992
Tiaa Charitable Inc

Charlotte, NC

PURPOSE: Annual Suuport

$5,700
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$111,581,732
Earnings$5,952,604
Admin Expense$886,954
Net Contributions$1,656,723
Grants$1,588,204
Ending Balance$116,715,901

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