We build charitable endowments.
Sioux Falls Area Community Foundation specializes in attracting, managing, and distributing income from charitable endowments. These funds produce a reliable and continuous source of income for nonprofits and worthy educational, cultural, and scientific programs in the Sioux Falls area.
Endowments are perpetual trusts. Donations to SFACF funds are placed in a long-term investment pool. Each year, a portion of the fund balance is paid to charitable activities. The rest of the earnings are reinvested, thus the fund is never depleted.
Freda Lemke knew the "power of principal" when she established the Freda B. Lemke Unrestricted Endowment in 1990. From an original gift of $82,000, her fund has made more than $70,000 in grants and is worth over $100,000!
Establish an endowment today!
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