Sioux Falls Area Community

SIOUX FALLS, SD EIN: 31-1748533 Website

IN PARTNERSHIP WITH DONORS, SIOUX FALLS AREA COMMUNITY FOUNDATION (SFACF) PROVIDES PHILANTHROPIC LEADERSHIP THAT ASSURES THE QUALITY OF LIFE IN OUR AREA, FOR GOOD, FOR EVER.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$364.5M

+28.7% YoY

Annual Giving

$37.2M

+31.9% YoY

Grant Count

281

+5.6% YoY

Avg Grant Size

$132K

+24.9% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$29M$59M$88M$117M201920202021202220232024
Metric202420232022
Total Assets$364,501,593$283,123,600$267,142,953
Revenue$106,816,971$36,878,472$76,466,859
Expenses$40,675,484$31,578,888$31,054,030
Qualifying Distributions
Net Investment Income$14,848,306$9,539,552$10,652,604
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$9M$19M$28M$37M207 grants2019210 grants2020229 grants2021281 grants2022266 grants2023281 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CITY OF SIOUX FALLS$8.4MDAKOTA STATE UNIVERSITY …$5.5MSIOUX FALLS SCHOOL DISTR…$2.4MBLACK HILLS STATE UNIVER…$1.0MVETERANS COMMUNITY PROJECT$971KAUGUSTANA UNIVERSITY$838KCOMPASSION CHILD CARE$816KCATHOLIC DIOCESE OF SIOU…$612KWASHINGTON PAVILION OF A…$573KALEXANDRIA TECHNICAL & C…$500K

Grant Size Distribution

1,474 grants across all recorded years

1039<$50K182$50–100K132$100–250K75$250–500K25$500K–1M17$1–5M4$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Sioux Falls Area Community fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ANDREW PATTERSONPRESIDENT/CEO$183KMIKE FINNEGANVP, FINANCE/CFO$119KMARY KOLSRUDVP, PHILANTHROPY$112K

From 2024 filing

NameTitleHoursCompensation
TODD ERNSTCHAIR OF THE BOARD2
SUZANNE VEENISVICE CHAIR2
MATT GASSENSECRETARY2
AARON SEVERSONTREASURER,CHAIR OF FINANCE2
AMANGE AWAREMEMBER2
STACY ERDMANNCHAIR OF AUDIT2
MANDY GAIKOWSKICHAIR OF LEGAL/EASTBANK LAND2
MARILYN KORSTENCHAIR OF GRANTS2
ANGELA LAMMERSMEMBER2
ANGELINE LAVINCHAIR OF INV. MNGMT. (BEG. 01/24)2
LORRAE LINDQUISTMEMBER2
SARAH MADISONCHAIR OF INV. MNGMT. (THROUGH 01/24)2
STEVE SARBACKERCHAIR OF GIFT ACCEPTANCE2
PAT SWEETMANMEMBER2
DOUG TRIBBLEMEMBER2
BEN WIENERMEMBER2
ANDREW PATTERSONPRESIDENT/CEO50$182,935
MIKE FINNEGANVP, FINANCE/CFO50$118,613
MARY KOLSRUDVP, PHILANTHROPY50$112,078

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

32states
+24 more states

Cities

AberdeenAlbert LeaAlcesterAlexandriaAndersonArnolds ParkAtlantaAuburnBalticBaltimoreBelmontBenningtonBeresfordBonita SpringsBooneBrandonBridgewaterBrookingsByronCambridge

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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