Message from the President
When I meet with people throughout the community, I’m often asked, “what exactly does the Community Foundation do?”
The answer is quite simple: Here, we are dedicated to inspiring philanthropy. We connect generous individuals with ideas and causes to help spark strategic investments, creating a future where everyone can thrive.
We believe the Sioux Falls area is a wonderful place to live, work, and play. We also believe we have a responsibility to help preserve and sustain what’s good here, and to champion ideas and movements that have the potential to make our community even better.
Because of what we do, we’re often called a catalyst for good.
So for our 2019 Annual Report, we thought it would be fitting to celebrate others who stand as catalysts in our community – passionate individuals and important causes whose stories we feel privileged to be a part of; stories that illustrate the power of philanthropy in our area today.
For the Community Foundation, the 2018-2019 fiscal year is also something to celebrate. As you’ll see in the pages that follow, the Foundation’s growth and success is a direct result of the generosity of our community, the “can-do” spirit that exists here, and the commitment we all share to help build a better tomorrow.
As I look back on our last fiscal year, the following themes come to mind:
We’re proud to say the 2018-19 fiscal year was another one for the record books. We ended the year with more than $40 million in new gifts – up from $24 million in new gifts in 2017-18, and $17 million in new gifts in 2016-17. Today we are the trusted stewards of more than $179 million in assets, up from $100 million just five years ago. These numbers are an extraordinary representation of the spirit of generosity alive in our community. And yet, they’re much more than numbers. As I often say, our asset number is really just short-hand for impact – impact made possible thanks to the generosity of others.
Gratitude and Reverence
So much of the Foundation’s growth, as well as the correlating growth in our community impact, is due to the good work of many who came before us – community members, civic leaders, and our board members and staff. There isn’t a day that goes by where we don’t feel incredibly humbled by the trust donors and community leaders continue to place in us. We’re reverent of that trust and of the responsibility that comes with it, but we’re also grateful for the opportunity we have to help make our area an even better place – not only for those who call it home today, but for future generations as well.
More and more, individuals are coming to the Foundation with ideas on how to make our community better. As a facilitator of dreams, we can match-make between charities we know well, important grant programs, visionary donors and thought leaders, and an innovative city that’s hungry to participate in building a better tomorrow. We have the privilege of convening these resources to help drive meaningful social impact and to create positive change for our community – granting more than $175 million to local nonprofits and causes since our founding, and more than $18 million in the last year alone! So, on behalf of the Sioux Falls Area Community Foundation, thank you for investing in our community. Your philanthropy, and your spirit of giving and care, are helping to create a stronger, more vibrant tomorrow for everyone who calls the Sioux Falls area home.
Celebrating Catalysts in Our Community
Read about those in our community who are catalysts for meaning and purpose, bold ideas, collaboration, empowerment, art, innovation, vitality, a legacy of care and more.