Faulkton Area Foundation
Welcome to the Faulkton Area Foundation website. The Faulkton Area Foundation was created in 2014 to provide a philanthropic vehicle for Faulkton Area nonprofit oranizations and donors. We are one of 72 Community Savings Accounts in South Dakota. Even though we are an agent of the South Dakota Community Foundation, we are able to accept and administer charitable gifts, give good grants to our local nonprofit groups and organizations, and also give scholarships to hopeful young people from our region. 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 community of Faulkton. 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 in and around Faulkton.
In 2014 our foundation was established and our local board of volunteers set a goal of raising $200,000 by 2020. When you give to our local foundation, your gift will continue to generate money for generations to come since the principal will never be spent. In addition, the grants we will be able to give out in the near future will all be decided by a local board of directors who understand the needs of the community.
Giving back to the Faulkton Area Foundation
Sometimes donors have questions about how to give back to their community. If you would like to give back to the Faulkton Area 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 Faulkton in your estate