Announcing the 2018 Nonprofit Savings Account Recipients
Five South Dakota organizations have been selected to be a part of the South Dakota Community Foundation (SDCF) Nonprofit Savings Account program. The five organizations chosen from a competitive selection process include: Friends of South Dakota Public Broadcasting, Lutheran Social Services of South Dakota, Safe Harbor Foundation, South Dakota Hall of Fame and Teach for America South Dakota.
“By partnering with supporters of local nonprofits to build endowment funds, we are helping provide consistent funding for years to come”, said Stephanie Judson, President, South Dakota Community Foundation. “The South Dakota Community Foundation remains committed to strengthening nonprofits in our state.”
The Nonprofit Savings Account program aims to be a catalyst for nonprofit, long-term sustainability through the establishment of endowment funds. Each organization will receive a $20,000 challenge grant from the SDCF after raising $80,000 from supporters in a two-year period. The combined funds will establish a $100,000 endowment fund at the SDCF. Funds will be invested overtime and earnings will create a long-term revenue source to support each organization.
“We are excited to be given this opportunity to jump start an endowment fund with this grant from the South Dakota Community Foundation”, said Kristie Martin, Safe Harbor Foundation Board Treasurer. “As our Foundation Board and our Board of Directors work together towards goals of sustainable expanded services to our clients, we believe that opening the door to endowment donations will be the key to ensuring Safe Harbor is able to better serve victims of domestic violence in northeast South Dakota for many years to come.”
The fundraising period for each organization will span from October 1, 2018 until September 30, 2020. To help any of these organizations reach its goal with a donation, please visit SDCommunityFoundation.org/NSA. The Nonprofit Savings Account program was created in 2015. Nonprofits can find out more about applying to the program at the above link.
About the Recipients
The Friends of South Dakota Public Broadcasting (SDPB) support lifelong learning for all South Dakotans through advocacy, leadership and responsible fundraising on behalf of SDBP Television, Radio, Online and Education & Outreach. The members of Friends of SDPB come from all age groups and walks of life. Friends provides the bulk of funding for the programming that the public sees and hears on SDPB.
From the very beginning, Lutheran Social Services offered hope and healing to children. Today, their services have grown to encompass the entire family and its needs – from prevention to counseling and more. Today thousands of people of all ages, races, faiths and walks of life are served by Lutheran Social Services of South Dakota.
The Safe Harbor Foundation supports the mission and vision of Safe Harbor. Safe Harbor serves women, men and children in northeastern South Dakota counties including Brown, Campbell, Day, Edmunds, Marshall, McPherson and Potter by providing shelter and resources for them as they make positive live choices. The Foundation organizes fundraising events to benefit Safe Harbor and helps to ensure it operates efficiently.
A nonprofit committed to championing excellence in South Dakota, the South Dakota Hall of Fame was established in 1974 and is located at Chamberlain, South Dakota. It acknowledges and recognizes our state’s leaders and innovators and celebrates their accomplishments. Everyday excellence is honored by their “Acts of Excellence” program and teachers can access their “Legends & Learning” educational program to fulfill curriculum requirements in core subject areas. The South Dakota Hall of Fame tells South Dakota’s stories.
Teach for America was founded on a belief in the potential of all children and in their right to an excellent education. Teach for America established a partnership with South Dakota in 2004. Teach for America South Dakota works with Pine Ridge, Rosebud, Lower Brule and Standing Rock reservations to provide communities and schools with excellent teachers.
About our donors
The SDCF distributed more than $13.5 million in grants in 2017 which made a tremendous difference in communities statewide. This would not have been possible without the generosity of our donors. If you have a specific cause you would like to support or would prefer to give for the general good of our state, please visit https://sdcommunityfoundation.org/for-donors/ to learn more or give us a call at (605) 224-1025.