CorTrust Bank ALM (Artesian - Letcher - Mt. Vernon) Community Foundation
Welcome to the CorTrust Bank ALM (Artesian - Letcher - Mt. Vernon) Community Foundation website. We are one of 72 Community Savings Accounts in South Dakota. Even though we are an agent of the South Dakota Community Foundation (SDCF), we are able to accept and administer charitable gifts, and give good grants to our local nonprofit groups and organizations. Our volunteer board members work hard to ensure funds are going to groups and organizations that need it most.
Money Raised Here, Stays Here
A Community Savings Account (CSA) offers you an opportunity to give a perpetual gift to the communities of Artesian, Letcher, and Mt. Vernon. The fund is invested by the SDCF and 4.5% of the average value is available to give back to nonprofits each year. As the fund grows, so does our ability to make a local impact. Our board of directors gives grants to support basic needs and enhance the quality of life within and around our communities.
Giving back to CorTrust Bank ALM Community Foundation
Sometimes donors have questions about how to give back to their community. If you would like to give back to the CorTrust Bank ALM Community Foundation, but are not sure where to begin, contact the SDCF. Gifts may come in many forms:
- Commodity (Grain, corn, cattle)
- Land (Offset capital gains tax)
- Automatic Bank Transfers
- Cars, Coins, Collectables
- Gift of Stock
- Gift of Insurance Benefits
- Gift of Retirement Benefits
- Remember CorTrust Bank ALM Community Foundation in your estate