Financial Information
A Trusted Steward
The Sioux Falls Area Community Foundation understands we must serve the needs of our region today while remaining financially sustainable to address the needs of tomorrow.
Transparency
Since our founding, the Foundation has granted more than $313 million to nonprofits and causes. Today, our charitable assets stand at more than $364 million. And as a public charity, the Foundation adheres to the highest standards and meets the Council on Foundation's National Standards.
Investments
We are the thoughtful stewards of your philanthropic dollars. Our 30-year compounded annualized return as of June 30, 2024, is 7.57%. Our diversified portfolio includes domestic and international equities and fixed income securities.
The Community Foundation's Long-Term Investment Portfolio is managed by a volunteer committee comprised of three board members and three independent financial professionals. The committee meets monthly to analyze market conditions and make timely, tactical adjustments to the portfolio.
Investment Management Committee
- Angeline Lavin (Chair), SFACF board member
- Todd Ernst, SFACF board member
- Suzanne Veenis, SFACF board member
- Scott Van Horssen, Financial professional
- Jarrod Edelen, Financial professional