Overview
What is South Dakota Community Foundation?
The South Dakota Community Foundation is a nonprofit organization committed to fostering philanthropy in South Dakota. They serve as a platform for receiving and managing charitable contributions and endowments, primarily intended to benefit South Dakota residents. Working closely with donors, charities, and community leaders, they aim to strengthen philanthropy in the state by investing in various programs and initiatives that enhance the social and economic well-being of South Dakota's population.
Official website here: www.sdcommunityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
The South Dakota Community Foundation has achieved a high rating of 94%, indicating strong performance in accountability and finance. This reflects the organization's commitment to transparency and responsible management of resources, with a perfect score in multiple accountability metrics. The foundation's independent board members and comprehensive oversight mechanisms further support its credibility.
The organization demonstrates excellent financial health, with a program expense ratio of 91.33%, indicating that a significant portion of its expenditures directly supports its charitable missions. The foundation's liabilities to assets ratio is low at 7.74%, showcasing its financial stability. Additionally, the organization has a strong working capital ratio, ensuring it can sustain operations effectively.
However, the fundraising efficiency ratio is low at $0.01, which suggests that while the foundation is effective in its programs, it may face challenges in fundraising strategies. Overall, the South Dakota Community Foundation is well-regarded for its financial practices and governance, although it may benefit from enhancing its fundraising efforts.
This AI summary has been generated from information found on Charity Navigator.
Is South Dakota Community Foundation legitimate?
South Dakota Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Dakota Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $521,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,281,939
For more financial information, click here
Official website here: www.sdcommunityfoundation.org
What is the mission statement of South Dakota Community Foundation?
The South Dakota Community Foundation plays a pivotal role in encouraging philanthropy and enhancing charitable giving. Its primary objective is to manage and distribute charitable funds for the betterment of South Dakota's population. Working in conjunction with donors, charities, and community leaders, the foundation strengthens the culture of giving in the region. The organization's mission encompasses receiving and administering charitable gifts, as well as investing in a diverse array of programs and initiatives that contribute to the social and economic advancement of South Dakota's residents.
Official website here: www.sdcommunityfoundation.org
Who is the CEO of South Dakota Community Foundation?
Stephanie Judson is the President of South Dakota Community Foundation.
Official website here: www.sdcommunityfoundation.org
What is the revenue of South Dakota Community Foundation?
South Dakota Community Foundation's revenue in 2022 was $102,741,823.
Official website here: www.sdcommunityfoundation.org
Who are the executives of South Dakota Community Foundation and what are their salaries?
The average compensation at South Dakota Community Foundation during 2022 was $100,212. There are 18 employees and 300 volunteers at South Dakota Community Foundation.
Here are 26 key members and their salaries:
- Compensation: $308,569
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- Other: $80,222
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- Other: $51,939
- Compensation: $138,835
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- Other: $41,488
- Compensation: $107,578
- Related: $0
- Other: $48,513
- Compensation: $106,946
- Related: $0
- Other: $34,546
- Compensation: $101,292
- Related: $0
- Other: $37,130
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Official website here: www.sdcommunityfoundation.org
Where can I find the form 990 for South Dakota Community Foundation?
South Dakota Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sdcommunityfoundation.org
Learn more at the official website: www.sdcommunityfoundation.org
Mission Statement of South Dakota Community Foundation
The South Dakota Community Foundation is a charitable organization dedicated to the betterment of South Dakotans. With a mission to promote philanthropy, the Foundation receives and administers charitable gifts and endowments, working in partnership with donors, charities, and community leaders to strengthen philanthropy in the state. In simple terms, the South Dakota Community Foundation serves as a trusted steward of charitable funds, investing in various programs and activities that enhance the social and economic well-being of South Dakota's population.
By receiving and administering charitable gifts, the South Dakota Community Foundation acts as a bridge between generous donors and deserving causes. The organization's role goes beyond the mere transaction of funds; it involves working closely with donors to understand their philanthropic goals and aligning them with the most effective charitable initiatives. Furthermore, the Foundation invests in a wide range of programs and activities, ensuring that the impact of their work reaches the farthest corners of the state.
In essence, the South Dakota Community Foundation is an essential catalyst for positive change in the lives of South Dakotans. By fostering partnerships and providing resources, the organization empowers individuals and communities to address their unique challenges and create lasting solutions. Through its unwavering commitment to philanthropy, the South Dakota Community Foundation continues to make a significant difference in the lives of countless South Dakotans.
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Impact
October, 2024
The South Dakota Community Foundation significantly enhances the social and economic well-being of South Dakotans by receiving and administering charitable gifts and permanent endowments. By collaborating with donors, charities, and community leaders, it strengthens philanthropy across the state. Its efforts promote a wide array of programs and activities, ensuring that resources are effectively channeled to meet the diverse needs of communities. The foundation’s commitment to philanthropy cultivates a culture of giving, fostering sustainable benefits that improve the quality of life for residents. Through strategic investments and grants, it plays a vital role in addressing local challenges and enhancing opportunities for all South Dakotans.
This information is meant to be a general summary of South Dakota Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,109,576
- Gross Receipts: $192,643,593
Assets and Liabilities:
- Total Assets: $791,751,697
- Total Liabilities: $61,352,866
- Net Assets: $730,398,831
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Organization Details
Founding Year
1987
Phone
(605) 224-1025Principal Officer
Stephanie Judson
Main Address
PO Box 296, Pierre, SD, 57501
NTEE Category
Code: T30 - Philanthropy
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