Stepping Up to the Challenge
Three South Dakota nonprofits recently raised $80,000 for their organizations from supporters over a two-year period and were rewarded with an additional $20,000 challenge grant from the South Dakota Community Foundation (SDCF). The combined funds resulted in the establishment of a $100,000 endowment fund at the SDCF for each of the three organizations. Funds will be invested overtime and earnings will create a long-term revenue source to support each organization. The three nonprofits that were successful in their fundraising efforts are Boys & Girls Club of Aberdeen Area, Friends of South Dakota Public Broadcasting (SDPB) and the Rapid City Arts Council.
“The South Dakota Community Foundation is committed to strengthening nonprofits in our state through the power of endowment,” says Stephanie Judson, SDCF president. “The Nonprofit Savings Account (NSA) program allows the SDCF to bolster fundraising efforts that build endowment funds, which help nonprofits thrive today and long into the future. We congratulate these three nonprofits on successfully meeting this challenge.”
About these Nonprofits
The Boys & Girls Club of Aberdeen Area exists to serve the youth of their area. The organization’s mission is: To enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens. They provide an environment where members can achieve a positive self-identity, a healthy lifestyle, a strong character, educational success and social competency.
The Friends of South Dakota Public Broadcasting (SDPB) support lifelong learning for all South Dakotans through advocacy, leadership and responsible fundraising on behalf of SDPB 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.
The Rapid City Arts Council champions inclusive, innovative and inspired arts opportunities to enrich the communities it serves. The nonprofit carries out its mission through visual arts, performing arts and arts education programs, and by supporting artists and arts organizations in the community. In addition, through a public-private partnership with the City of Rapid City, it provides artistic and cultural development for the community, and manages the Dahl Arts Center.
If you would like to support any of these three nonprofits or others currently working towards reaching their NSA goal, you can donate at SDCommunityFoundation.org/NSA. The Nonprofit Savings Account program was created in 2015. Applications will be accepted for 2019 May 1 through June 30, 2019. Nonprofits can find out more about this program and how to apply at the above link.
About our donors
The SDCF distributed more than $18.8 million in grants in 2018 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.