Create an Organizational Endowment
A Meaningful Partnership
When you establish an organizational endowment with the Sioux Falls Area Community Foundation, we handle all administrative responsibilities, accounting and investment management related to your fund, allowing you to focus on your organization's mission and purpose — serving those in need throughout our community.
Benefits
As a partner organization, you'll enjoy these benefits:
Support
Our team of charitable giving experts can help your donors support your endowment through a variety of giving vehicles, including appreciated stock and other securities, real estate, life insurance, qualified retirement plans, agricultural assets and more. In addition, your endowment will have the added visibility of being part of the Community Foundation’s family of funds.
Sustainability
Together, we can help you broaden and deepen your long-term financial sustainability, ensuring your organization’s mission will live on forever.
Trusted Experience
We’ve been serving the needs of nonprofits throughout the Sioux Falls area for more than 35 years. Today, we’re proud to say we hold endowments for many local organizations.
A Permanent Source of Financial Support
An endowment provides a permanent source of financial support for your organization. The Community Foundation’s endowment formula features distributions of up to 5% from the fund’s average balance, distributed annually.
From an investment management standpoint, our goal for organizational endowments is to help our nonprofit partners earn the spending rate while preserving the principal.
Establishing a Fund
Organizational Endowments may be opened with an initial gift of $15,000. A minimal administrative fee of 0.75% of the fund’s balance is charged annually. (Administrative fee decreases for balances greater than $1 million.)
The Community Foundation can facilitate even the most complex planned gifts, gifts of appreciated stock and real estate.
Organizational Endowment Overview
Partnering with the Community Foundation can help ensure the long-term financial sustainability of your nonprofit. Learn more or call us to schedule a presentation at 605-336-7055.