South Dakota Community Foundation

Organization Overview

South Dakota Community Foundation is located in Pierre, SD. The organization was established in 1988. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, South Dakota Community Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, South Dakota Community Foundation generated $79.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $17.8m during the year ending 12/2019. While expenses have increased by 8.7% 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 2014, South Dakota Community Foundation has awarded 1,013 individual grants totaling $54,111,470. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

RECEIVE AND ADMINISTER GIFTS FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, SCIENTIFIC, AND LITERARY PURPOSES, PRIMARILY FOR THE BENEFIT OF SOUTH DAKOTANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SOUTH DAKOTA COMMUNITY FOUNDATION IS THE ONLY COMMUNITY FOUNDATION IN SOUTH DAKOTA WITH A STATEWIDE FOCUS. ESTABLISHED AS A PUBLIC NONPROFIT IN 1987 UNDER THE VISION OF GOVERNOR MICKELSON, THE FOUNDATION PROVIDES GRANTS TO NONPROFIT AND CHARITABLE ORGANIZATIONS ACROSS THE STATE IN SUPPORT OF CHARITABLE, ECONOMIC DEVELOPMENT, HUMAN SERVICES, HEALTH, EDUCATION, AND CULTURAL PROGRAMS.


COMMUNITY SAVINGS ACCOUNTS-WORK WITH OVER 75 COMMUNITIES ACROSS THE STATE, RANGING IN POPULATION FROM 200 TO OVER 30,000, TO CREATE PERPETUAL FUNDING STREAMS TO ASSIST WITH LOCAL CHARITABLE CAUSES. GRANTS WERE AWARDED TO SUPPORT NONPROFIT AND CHARITABLE CAUSES THAT ENABLE THE FOUNDATION TO DIRECTLY IMPACT NECESSARY CHANGE AS DETERMINED BY LOCAL LEADERS.


SCHOLARSHIP PROGRAM-MAINTAINS NEARLY 275 SCHOLARSHIP FUNDS FOR THE BENEFIT OF HIGH SCHOOL GRADUATES ACROSS THE STATE. THE FOUNDATION WORKS WITH DONORS TO IMPROVE ACCESS FOR SOUTH DAKOTA'S YOUTH TO OBTAIN HIGHER EDUCATION. THE FOUNDATION AWARDED OVER 700 SCHOLARSHIPS TO ASSIST STUDENTS WITH HIGHER EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie Judson
President
$247,155
Clayton Cudmore
CFO
$162,873
Name Not Listed
Director Of Development
$111,341
Jeff Erickson
Chair
$0
Beth Benning
Vice Chair
$0
Maree Larson
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jim Maher
Trail Of Governors Sculptures
$103,350
Pimco Funds
Investment Management
$859,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,000,000
All other contributions, gifts, grants, and similar amounts not included above$70,501,248
Noncash contributions included in lines 1a–1f $2,548,380
Total Revenue from Contributions, Gifts, Grants & Similar$71,501,248
Total Program Service Revenue$202,002
Investment income $8,010,380
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$9,500
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $79,703,940

Grants Awarded

Over the last fiscal year, South Dakota Community Foundation has awarded $13,221,663 in support to 202 organizations.

Grant RecipientAmount

SOUTHEAST TECHNICAL INSTITUTE

Org PageRecipient Profile

Sioux Falls, SD

PURPOSE: Education and youth services

$1,825,397

MITCHELL TECHNICAL INSTITUTE FOUNDATION

Org PageRecipient Profile

Mitchell, SD

PURPOSE: Education and youth services

$1,409,069

LAKE AREA TECHNICAL INSTITUTE

Org PageRecipient Profile

Watertown, SD

PURPOSE: Education and youth services

$1,225,916

BOYS AND GIRLS CLUB OF THE NORTHERN PLAINS INC

Org PageRecipient Profile

Brookings, SD

PURPOSE: Education and youth services

$1,099,497

SECOND CENTURY HABITAT FUND INC

Org PageRecipient Profile

Rapid City, SD

PURPOSE: Community welfare and betterment

$1,000,000

WESTERN DAKOTA TECHNICAL INSTITUTE

Org PageRecipient Profile

Rapid City, SD

PURPOSE: Education and youth services

$991,983
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that South Dakota Community Foundation has recieved totaling $1,279,250.

Awarding OrganizationAmount
Delta Dental Of South Dakota Foundation

Pierre, SD

PURPOSE: GENERAL SUPPORT

$575,000
Delta Dental Of South Dakota Foundation

Pierre, SD

PURPOSE: GENERAL SUPPORT

$575,000
Delta Dental Of South Dakota

Pierre, SD

PURPOSE: COMMUNITY IMPROVEMENT SUPPORT

$102,150
Sheldon F Reese Foundation

Sioux Falls, SD

PURPOSE: EMERGENCY RELIEF FUND

$20,000
Saeman Family Foundation A Charitable Trust

Denver, CO

PURPOSE: GENERAL FUND

$5,000
Land O L Foundation

St Paul, MN

PURPOSE: MEMBER CO-OP MATCHES

$1,600
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$208,782,026
Earnings$28,056,121
Admin Expense$1,826,195
Net Contributions$79,592,028
Grants$18,589,063
Ending Balance$296,014,917

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