Financial Information

A Trusted Steward

The Sioux Falls Area Community Foundation understands we must serve the needs of our region today while remaining financially sustainable to address the needs of tomorrow.

Transparency

Since our founding, the Foundation has granted more than $282 million to nonprofits and causes. Today, our charitable assets stand at approximately $283 million. And as a public charity, the Foundation adheres to the highest standards and meets the Council on Foundation's National Standards.

Audited Financial Statement

IRS Form 990

Investments

We are the thoughtful stewards of your philanthropic dollars. Our 30-year compounded annualized return as of December 31, 2023, is 7.31%. Our diversified portfolio includes domestic and international equities and fixed income securities.

The Community Foundation's Long-Term Investment Portfolio is managed by a volunteer committee comprised of three board members and three independent financial professionals. The committee meets monthly to analyze market conditions and make timely, tactical adjustments to the portfolio.

Investment Management Committee

  • Angeline Lavin (Chair), SFACF board member
  • Todd Ernst, SFACF board member
  • Suzanne Veenis, SFACF board member
  • Ben Wiener, SFACF board member
  • Scott Van Horssen, Financial professional
  • Jarrod Edelen, Financial professional