2013-03-11T09:37:34-05:00 2012-06-30 420714325 MCGLADREY LLP 110 SOUTH PHILLIPS AVE SUITE 300 SIOUX FALLS SD 571046721 990 2011-07-01 311748533 SIOUX FALLS AREA COMMUNITY FOUNDATION INC SIOU 6053367055 300 N PHILLIPS AVE NO 102 SIOUX FALLS SD 571046035 CANDIS HANSON 6053367055 2013-03-07 1 TRACY A PETERSON P00267335 6053369955 2011 2016-02-25 16:41:14Z CANDIS C HANSON 300 N PHILLIPS AVE NO 102 SIOUX FALLS SD 571046035 38391829 0 X WWW.SFACF.ORG X 1984 SD SFACF IS A PUBLICLY-SUPPORTED COMMUNITY FOUNDATION. ITS PRIMARY ACTIVITY IS GRANTMAKING. 16 16 9 300 0 -27471 19338588 10764840 0 0 2332826 3185099 9978 8186 21681392 13958125 10896855 10917172 0 0 576132 619237 0 0 349214 597697 551108 12070684 12087517 9610708 1870608 87478257 86778796 15998830 15738303 71479427 71040493 X 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. THE COMMUNITY FOUNDATION CULTIVATES PHILANTHROPY BY INSPIRING NEW GENERATIONS OF DONORS TO NURTURE SIOUX FALLS' POSITION AS A NATIONALLY RECOGNIZED CHARITABLE FRONTRUNNER. TO THAT END, SFACF MANAGES AND GROWS ENDOWMENTS AND DIRECTS CHARITABLE GRANTS TO SOCIAL, CULTURAL, EDUCATIONAL, RELIGIOUS, COMMUNITY DEVELOPMENT, AND ENVIRONMENTAL ACTIVITIES THAT ADDRESS THE AREA'S EMERGING NEEDS AND OPPORTUNITIES. THIS EMPHASIS ON GROWING LONG-TERM CHARITABLE ENDOWMENTS ASSURES THAT THE STABILITY AND QUALITY OF LIFE WE ENJOY TODAY WILL BE SUSTAINED FOR GENERATIONS TO COME, IN GOOD TIMES OR BAD.SFACF SERVES MINNEHAHA, LINCOLN, MCCOOK, AND TURNER COUNTIES AND COMMUNITIES WITHIN A 25-MILE RADIUS OF THE CITY OF SIOUX FALLS, SOUTH DAKOTA. 0 0 11587197 10917172 SIOUX FALLS AREA COMMUNITY FOUNDATION IS A PUBLICLY SUPPORTED COMMUNITY FOUNDATION THAT ATTRACTS, MANAGES, AND DISTRIBUTES CHARITABLE CAPITAL. ITS PRIMARY SERVICE AREA IS THE SIOUX FALLS MSA, A FOUR-COUNTY AREA WITH A POPULATION OF APPROXIMATELY 228,000, AND OTHER COMMUNITIES WITHIN A 25-MILE RADIUS OF THE CITY OF SIOUX FALLS, SOUTH DAKOTA.SFACF'S PRIMARY ACTIVITY IS GRANTMAKING AIMED AT IMPROVING THE QUALITY OF LIFE IN THE SERVICE AREA, FOR GOOD, FOR EVER. IN FY 2012, OF MORE THAN 1,800 GRANTS MADE, 131 STUDENTS BENEFITED FROM COMPETITIVELY AWARDED SCHOLARSHIPS AND MORE THAN 90 COMPETITIVELY AWARDED GRANTS WERE MADE TO ORGANIZATIONS THAT SOUGHT TO ADDRESS THE AREA'S MOST PRESSING NEEDS AND OPPORTUNITIES. IN ALL, MORE THAN 401 CHARITABLE ORGANIZATIONS RECEIVED SUPPORT IN PROGRAM AREAS THAT INCLUDE ARTS AND HUMANITIES, COMMUNITY DEVELOPMENT, EDUCATION, ENVIRONMENT, HEALTH, HUMAN SERVICES, RELIGION, AND YOUTH. ONE HUNDRED TWENTY-NINE (129) OF THESE ORGANIZATIONS ARE ELIGIBLE FOR ANNUAL DISTRIBUTIONS FROM DESIGNATED OR AGENCY ENDOWMENTS.PUBLIC COMMUNICATION IS A COMMUNITY FOUNDATION PRIORITY. SFACF PUBLISHES A QUARTERLY NEWSLETTER THAT REACHES MORE THAN 7,654 HOUSEHOLDS AND BUSINESSES. ITS ANNUAL REPORT IS AN INSERT TO THE LARGEST DAILY NEWSPAPER IN THE STATE FOR HOME DELIVERY TO MORE THAN 22,000 SUBSCRIBERS. AN ADDITIONAL 1,087 COPIES ARE MAILED TO IN- AND OUT-OF-STATE DONORS. THE NEWSLETTERS, ANNUAL REPORT, AND FINANCIAL STATEMENTS ARE POSTED ON SFACF'S WEBSITE ALONG WITH SCHOLARSHIP APPLICATIONS AND OTHER INFORMATION OF INTEREST TO THE GENERAL PUBLIC.SFACF HAS MET AND ADHERES TO NATIONAL STANDARDS FOR COMMUNITY FOUNDATIONS IN THE U.S. AS ESTABLISHED BY THE COUNCIL ON FOUNDATIONS, WWW.COF.ORG, ARLINGTON, VIRGINIA. 11587197 1 1 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 20 0 1 9 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 SD X X X MIKE FINNEGAN CONTROLLER 6053367055 300 N PHILLIPS AVE STE 102 SIOUX FALLS SD 571046035 RICHARD VAN DEMARK 8.00 X 0 0 0 JOHN HENKHAUS 2.00 X 0 0 0 DOUG HAJEK 2.00 X 0 0 0 TOM RALPH 0.50 X 0 0 0 MILES BEACOM 2.00 X 0 0 0 MARTHA CARLSON 1.00 X 0 0 0 GREG CARMON 2.00 X 0 0 0 SARA CROSBY 1.00 X 0 0 0 ARLENE KIRBY 1.00 X 0 0 0 ANGELINE LAVIN 1.00 X 0 0 0 TOM MCDOWELL 1.50 X 0 0 0 DR MICHAEL OLSON 2.00 X 0 0 0 SANDRA PAY 1.50 X 0 0 0 KRISTI REIERSON 1.00 X 0 0 0 MARY TIDWELL 2.00 X 0 0 0 JANA VOSS 1.50 X 0 0 0 CANDIS HANSON 48.00 X 105790 0 15789 ANDREW PATTERSON 48.00 X 92219 0 17397 198009 0 33186 1 0 0 0 0 122749 167690 10474401 3218116 10764840 1780558 1780558 25830031 24425490 1404541 1404541 1404541 16400 167690 8214 8186 8186 13958125 0 0 3193285 10691069 10691069 226103 226103 240802 105953 45752 89097 278411 122501 52898 103012 27612 12149 5246 10217 37123 16334 7053 13736 35289 15527 6705 13057 2838 2838 21234 7222 7222 6790 112047 112047 14290 14290 59749 6797 52952 35001 14001 6343 14657 15094 6037 3020 6037 56331 22532 11267 22532 6912 2765 1382 2765 4608 1843 922 1843 7779 3112 1555 3112 LIFE INSURANCE PREMIUM 194877 194877 ORGANIZATION DUES 8685 2961 1224 4500 DIRECT FUND EXPENSE 7551 7551 MISCELLANEOUS 2586 517 2069 1526 1526 12087517 11587197 151106 349214 14649834 10072276 415270 1605279 4447 5511 104384 91468 8597 12916 62581586 65828299 5344987 4101708 4473536 5152807 87478257 86778796 48029 45982 240424 212927 7353 15703024 15479394 15998830 15738303 X 64340665 62257556 2694479 3900989 4444283 4881948 71479427 71040493 87478257 86778796 X 1870608 -2309542 X 0 1 1 X 0 X 12113225 6574163 10556184 19353088 10781240 59377900 12113225 6574163 10556184 19353088 10781240 59377900 17754781 41623119 1788752 1155435 1525443 1557018 1780558 7807206 67185106 0.61950 0.60980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 356 8078168 8933582 31145490 1 1 52360646 5102153 270102 1688397 514083 55530421 42550787 3085984 9048120 1834838 489407 52360646 33808278 6230847 4414099 1499194 403242 42550788 42002981 1128030 -7312924 1643162 366647 33808278 0.85970 0.08790 0.05240 0 0 104384 91468 12916 12916 CASH SURRENDER VALUE OF LIFE INSURANCE 4433303 INTEREST AND DIVIDENDS RECEIVABLE 154504 REMAINDER INTEREST - LIFE ESTATE 565000 5152807 CHARITABLE GIFT ANNUITIES PAYABLE 382356 ASSETS HELD FOR OTHERS 13696214 SPLIT-INTEREST AGREEMENTS 1400824 15479394 13958125 12087517 1870608 -2540776 231234 -2309542 -438934 9944287 -2540776 -1481276 -4022052 13966339 -8214 -8214 13958125 10383221 8214 8214 10375007 1712510 1712510 12087517 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION ADOPTED THIS NEW GUIDANCE FOR THE YEAR ENDED JUNE 30, 2010. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 8 - OTHER ADJUSTMENTS: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE 226,357. CHANGE IN NET ASSETS HELD FOR OTHERS, NET OF DISTRIBUTIONS 4,877. TOTAL TO SCHEDULE D, PART XI, LINE 8: 231,234. PART XII, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE 226,357. AGENCY FUNDS -1,707,633. PART XII, LINE 4B - OTHER ADJUSTMENTS: CITY BLOSSOM FUNDRAISING EVENT -8,214. PART XIII, LINE 2D - OTHER ADJUSTMENTS: CITY BLOSSOM FUNDRAISING EVENT 8,214. PART XIII, LINE 4B - OTHER ADJUSTMENTS: AGENCY ENDOWMENT EXPENSES 1,712,510. CENTRAL AMERICA AND THE CARRIBBEAN 0 0 INVESTMENTS 1453471 0 0 0 0 0 0 1453471 0 1453471 1 0 1 1 0 0 CITY BLOSSOM 184090 167690 16400 2611 200 5403 184090 167690 16400 2611 200 5403 8214 8186 1 EL RIAD SHRINE HOSPITAL TRANSPORTATION PROGRAM 510 S PHILLIPS AVENUE SIOUX FALLS SD 571011203 460129703 501(C)(10) 22181 VEHICLE PURCHASE; TRANSPORTATION EXPENSE ABERDEEN FAMILY Y FIVE SOUTH STATE STREET ABERDEEN SD 57401 460255779 501(C)(3) 50000 VARIOUS PROGRAMS ABIDING SAVIOR FREE LUTHERAN CHURCH 4100 S BAHNSON AVENUE SIOUX FALLS SD 571035851 460406443 501(C)(3) 47398 GENERAL SUPPORT; SHEPHERDING THE SHEPHERDS PROG ACCELERATE 1908 W 42ND STREET SUITE B SIOUX FALLS SD 57105 262697708 501(C)(3) 5600 GENERAL SUPPORT; TUITION ASSISTANCE ACTIVE GENERATIONS 2300 W 46TH STREET SIOUX FALLS SD 571056528 460305500 501(C)(3) 25925 ANNUAL ENDOW DIST; MEALS ON WHEELS; DAYBREAK PROG ALL STAR GYMNASTICS BOOSTER CLUB INC 6520 SOUTH JEFFREY AVENUE SIOUX FALLS SD 57108 363897227 501(C)(3) 5000 GENERAL SUPPORT ALPHA CENTER 801 E 41ST STREET SUITE A SIOUX FALLS SD 571056027 363347022 501(C)(3) 5500 GENERAL SUPPORT ALPINE SOCIETY 1405 E OTONKA TRAIL SIOUX FALLS SD 57103 470881298 501(C)(3) 6360 EQUIPMENT PURCHASE; GENERAL SUPPORT AMERICANS FOR PROSPERITY FOUNDATION 2111 WILSON BOULEVARD SUITE 350 ARLINGTON VA 22201 521527294 501(C)(3) 10000 GENERAL SUPPORT AUGUSTANA COLLEGE 2001 S SUMMIT AVENUE SIOUX FALLS SD 57197 460224588 501(C)(3) 142884 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS AVERA HEALTH FOUNDATION 3900 W AVERA DRIVE SUITE 301 SIOUX FALLS SD 571085721 460422673 501(C)(3) 95671 GENERAL SUPPORT; VARIOUS PROGRAMS AVERA MCKENNAN 1325 S CLIFF AVENUE SIOUX FALLS SD 571175045 460367530 501(C)(3) 13886 DOUGHERTY HOSPICE HOUSE BIG BROTHERS BIG SISTERS OF THE SIOUX EMPIRE 1000 N WEST AVENUE SUITE 300 SIOUX FALLS SD 57104 050593016 501(C)(3) 20100 GENERAL SUPPORT; SOFTWARE UPGRADE; VOLUNTEER RECRUITING BOY SCOUTS OF AMERICA - SIOUX COUNCIL 800 N WEST AVENUE SIOUX FALLS SD 57104 460224599 501(C)(3) 1571 ANNUAL ENDOW DIST; GENERAL SUPPORT BOYS & GIRLS CLUBS OF THE SIOUX EMPIRE 824 E 14TH STREET SIOUX FALLS SD 57104 460399482 501(C)(3) 20584 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS CALVARY CATHEDRAL 500 S MAIN AVENUE SIOUX FALLS SD 571046814 460225354 501(C)(3) 19227 CAPITAL PROJECT; GENERAL SUPPORT; SOUTH SUDAN PROJECT CAMPUS CRUSADE FOR CHRIST 3108 W CRIMSON STREET SIOUX FALLS SD 57108 956006173 501(C)(3) 4000 PRIORITY ASSOCIATES CATHEDRAL OF OUR LADY OF PERPETUAL HELP 520 CATHEDRAL DRIVE RAPID CITY SD 57701 460254997 501(C)(3) 5000 NEWMAN CENTER CATHOLIC DIOCESE OF SIOUX FALLS 523 N DULUTH AVENUE SIOUX FALLS SD 571042714 466000424 501(C)(3) 146810 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS CATHOLIC FOUNDATION FOR EASTERN SOUTH DAKOTA 523 N DULUTH AVENUE SIOUX FALLS SD 571042714 466068924 501(C)(3) 167000 CATHEDRAL RESTORATION; BROOM TREE FARM CHILDREN'S CARE HOSPITAL & SCHOOL 2501 W 26TH STREET SIOUX FALLS SD 571052498 460233030 501(C)(3) 6760 GENERAL SUPPORT CHILDREN'S CARE HOSPITAL & SCHOOL FOUNDATION 2501 W 26TH STREET SIOUX FALLS SD 571052498 460353254 501(C)(3) 55512 ANNUAL ENDOW DIST; GENERAL SUPPORT; SCHOLARSHIPS CHILDREN'S HOME FOUNDATION 801 N SYCAMORE AVENUE SIOUX FALLS SD 571011749 460366277 501(C)(3) 157395 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS CRAZY HORSE MEMORIAL FOUNDATION 12151 AVENUE OF THE CHIEFS CRAZY HORSE SD 577309506 460220678 501(C)(3) 53024 ANNUAL ENDOW DIST; GENERAL SUPPORT DAKOTA PLAYERS 2800 S GARFIELD AVENUE SIOUX FALLS SD 57105 272787100 501(C)(3) 10000 PROGRAM SUPPORT DAKOTA STATE UNIVERSITY FOUNDATION 820 N WASHINGTON AVENUE MADISON SD 57042 237299995 501(C)(3) 550000 CAPITAL CAMPAIGN DAKOTA WESLEYAN UNIVERSITY 1200 W UNIVERSITY AVENUE MITCHELL SD 573014398 460224589 501(C)(3) 14000 GENERAL SUPPORT; CAPITAL CAMPAIGN; SCHOLARSHIPS DAKOTABILITIES 3600 S DULUTH AVENUE SIOUX FALLS SD 571056417 460306216 501(C)(3) 19443 ANNUAL ENDOW DIST DE LA SALLE HIGH SCHOOL ONE DELASALLE DRIVE MINNEAPOLIS MN 55401 410705834 501(C)(3) 15200 ATHLETIC DEPARTMENT; SCHOLARSHIPS EARLY FORD V-8 FOUNDATION & MUSEUM PO BOX 284 AUBURN IN 46706 943152163 501(C)(3) 10800 GENERAL SUPPORT EAST AFRICAN RADIOLOGY SCHOOL 14 ISLAND ROAD ST PAUL MN 55127 363412789 501(C)(3) 50223 GENERAL SUPPORT EVANGELICAL LUTHERAN GOOD SAMARITAN SOCIETY 4800 W 57TH STREET SIOUX FALLS SD 571175038 450228055 501(C)(3) 10200 GENERAL SUPPORT; VARIOUS PROGRAMS FACE IT TOGETHER SIOUX FALLS INC 2011 W 26TH STREET SIOUX FALLS SD 57105 943472044 501(C)(3) 20865 GENERAL SUPPORT; CAPITAL EXPENDITURES FAMILY CONNECTION 303 N MINNESOTA AVENUE SIOUX FALLS SD 57101 460435140 501(C)(3) 977 FACILITY MAINTENANCE FEEDING SOUTH DAKOTA 3511 N FIRST AVENUE SIOUX FALLS SD 571040706 363293534 501(C)(3) 85325 GENERAL SUPPORT; ANNUAL ENDOW DIST; VARIOUS PROGRAMS FELLOWSHIP OF CHRISTIAN ATHLETES 8701 LEEDS ROAD KANSAS CITY MO 64129 431469296 501(C)(3) 32350 GENERAL SUPPORT; VARIOUS PROGRAMS FIRST BAPTIST CHURCH - SIOUX FALLS 1401 S COVELL AVENUE SIOUX FALLS SD 57105 431966375 501(C)(3) 15489 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS FIRST CONGREGATIONAL CHURCH OF SIOUX FALLS 300 S MINNESOTA AVENUE SIOUX FALLS SD 571046352 460225435 501(C)(3) 5167 ANNUAL ENDOW DIST FIRST LUTHERAN CHURCH 327 S DAKOTA AVENUE SIOUX FALLS SD 57104 460232600 501(C)(3) 60055 GENERAL SUPPORT; VARIOUS PROGRAMS FIRST UNITED METHODIST CHURCH 401 S SPRING AVENUE SIOUX FALLS SD 57104 460230392 501(C)(3) 22293 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS FRIENDS OF SOUTH DAKOTA PUBLIC BROADCASTING PO BOX 5000 VERMILLION SD 570695000 237310698 501(C)(3) 103692 ANNUAL ENDOW DIST; GENERAL SUPPORT FURNITURE MISSION OF SOUTH DAKOTA 209 N NESMITH AVENUE SIOUX FALLS SD 57103 810584500 501(C)(3) 6000 GENERAL SUPPORT GIRL SCOUTS - DAKOTA HORIZONS COUNCIL 1101 S MARION ROAD SIOUX FALLS SD 571063466 460250744 501(C)(3) 11385 ANNUAL ENDOW DIST; VARIOUS PROGRAMS GLORIA DEI LUTHERAN CHURCH 5500 E 57TH STREET SIOUX FALLS SD 57108 460382186 501(C)(3) 15479 CAPITAL CAMPAIGN; GENERAL SUPPORT GREAT PLAINS ZOO & DELBRIDGE MUSEUM 805 S KIWANIS AVENUE SIOUX FALLS SD 571043798 466015015 501(C)(3) 121296 ANNUAL ENDOW DIST; CAPITAL CAMPAIGN HABITAT FOR HUMANITY OF GREATER SIOUX FALLS INC 721 E AMIDON STREET SIOUX FALLS SD 571041015 460407140 501(C)(3) 2181 ANNUAL ENDOW DIST; GENERAL SUPPORT; WOMEN'S BUILD HELPLINE CENTER SUITE 310 SIOUX FALLS SD 571041314 237424387 501(C)(3) 64100 GENERAL SUPPORT; VARIOUS PROGRAMS HOPE HAVEN INTERNATIONAL MINISTRIES PO BOX 70 ROCK VALLEY IA 51247 420890017 501(C)(3) 8490 GENERAL SUPPORT; EQUIPMENT PURCHASE HOPE LUTHERAN CHURCH 1700 S CLIFF AVENUE SIOUX FALLS SD 57105 460253194 501(C)(3) 11250 GENERAL SUPPORT; VARIOUS PROGRAMS HORSEPOWER 26659 BLUE SAGE LANE SIOUX FALLS SD 57106 460378036 501(C)(3) 10000 SCHOLARSHIP PROGRAM HOUSE OF HOPE MINNESOTA INC PO BOX 26 MARSHALL MN 56258 200652270 501(C)(3) 5000 GENERAL SUPPORT ICE SPORTS ASSOCIATION 108 S DAKOTA AVENUE SIOUX FALLS SD 57104 271234271 501(C)(3) 118333 GENERAL SUPPORT; CAPITAL CAMPAIGN INTER-LAKES COMMUNITY ACTION PARTNERSHIP INC 111 N VAN EPS AVENUE MADISON SD 570420268 460282131 501(C)(3) 15378 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS JUNIOR ACHIEVEMENT OF SOUTH DAKOTA INC SUITE 110 SIOUX FALLS SD 571041332 460306352 501(C)(3) 5900 GENERAL SUPPORT KILIAN COMMUNITY COLLEGE 300 E SIXTH STREET SIOUX FALLS SD 57103 460385443 501(C)(3) 5000 SCHOLARSHIPS; UPLIFTING SUCCESS PROGRAM LOS CABOS CHILDREN'S FOUNDATION PO BOX 2057 SIOUX FALLS SD 571012057 202882711 501(C)(3) 25000 GENERAL SUPPORT LUKE SOCIETY 3409 GATEWAY BOULEVARD 1000 SIOUX FALLS SD 57106 840563440 501(C)(3) 5000 GRACIAS HONDURAS CLINIC LUTHERAN HIGH SCHOOL OF SIOUX FALLS PO BOX 90608 SIOUX FALLS SD 571090608 263623721 501(C)(3) 50000 GENERAL SUPPORT LUTHERAN SOCIAL SERVICES OF SOUTH DAKOTA 705 E 41ST STREET SUITE 200 SIOUX FALLS SD 571056048 460224731 501(C)(3) 13035 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS MAKE-A-WISH FOUNDATION OF SOUTH DAKOTA 1400 W 17TH STREET SIOUX FALLS SD 57104 460375953 501(C)(3) 13406 GENERAL SUPPORT; WISH SPONSORSHIP MARCH OF DIMES SOUTH DAKOTA CHAPTER 1000 N WEST AVENUE SUITE 230 SIOUX FALLS SD 571041314 460340226 501(C)(3) 5000 FUND THE MISSION PROGRAM MCCROSSAN BOYS RANCH 47135 - 260TH STREET SIOUX FALLS SD 571076428 460311913 501(C)(3) 6100 GENERAL SUPPORT MINNESOTA NATURAL HEALTH COALITION PO BOX 315 ROSEMOUNT MN 55068 411885216 501(C)(3) 10000 GENERAL SUPPORT MOUNT ZION CONGREGATION 523 W 14TH STREET SIOUX FALLS SD 571010756 460362692 501(C)(3) 5579 ANNUAL ENDOW DIST; GENERAL SUPPORT MULTI-CULTURAL CENTER OF SIOUX FALLS 515 N MAIN AVENUE SIOUX FALLS SD 571045901 460445034 501(C)(3) 22600 FESTIVAL OF CULTURES; IMMIGRATION SERVICES; POW WOWS NAMI SOUTH DAKOTA 3920 S WESTERN AVENUE SIOUX FALLS SD 571098808 431201653 501(C)(3) 5873 ANNUAL ENDOW DIST; VARIOUS PROGRAMS NATIONAL MUSIC MUSEUM 414 E CLARK STREET VERMILLION SD 570692390 237266823 501(C)(3) 10000 GENERAL SUPPORT NEBRASKA WESLEYAN UNIVERSITY 5000 ST PAUL AVENUE LINCOLN NE 685042760 470376524 501(C)(3) 19022 SCHOLARSHIPS NORTHWESTERN COLLEGE - ST PAUL 3003 SNELLING AVENUE NORTH ST PAUL MN 551131598 410711610 501(C)(3) 5000 KNWC RADIO ON MY OWN OF MICHIGAN 2145 CROOKS ROAD SUITE 103 TROY MI 48084 383366049 501(C)(3) 10000 GENERAL SUPPORT OUR REDEEMER LUTHERAN CHURCH 2200 S WESTERN AVENUE SIOUX FALLS SD 57105 460331795 501(C)(3) 6800 GENERAL SUPPORT OUR SAVIOR'S LUTHERAN CHURCH 909 W 33RD STREET SIOUX FALLS SD 57105 460229996 501(C)(3) 9900 TV MINISTRY; GENERAL SUPPORT PEACE LUTHERAN CHURCH 5509 W 41ST STREET SIOUX FALLS SD 57106 237003936 501(C)(3) 10324 GENERAL SUPPORT; CAPITAL CAMPAIGN; HEARTLAND EPHPHATHA PRAIRIE HILLS COVENANT CHURCH 2500 S POWDERHOUSE ROAD SIOUX FALLS SD 57110 510140098 501(C)(3) 70000 GENERAL SUPPORT; CAPITAL PROJECT RONALD MCDONALD HOUSE CHARITIES OF SOUTH DAKOTA INC 825 S LAKE AVENUE SIOUX FALLS SD 57104 460371152 501(C)(3) 617315 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS SANFORD HEALTH FOUNDATION 1410 W 25TH STREET SIOUX FALLS SD 571175039 363297853 501(C)(3) 2153910 GENERAL SUPPORT; VARIOUS PROGRAMS SCOTTISH RITE FOUNDATION OF SOUTH DAKOTA 520 S FIRST AVENUE SIOUX FALLS SD 57104 466015073 501(C)(3) 9452 ANNUAL ENDOW DIST SERTOMA BUTTERFLY HOUSE & MARINE COVE 4320 S OXBOW AVENUE SIOUX FALLS SD 571064110 522370420 501(C)(3) 55750 ADMISSION ASSISTANCE SHELTER FROM THE STORM INC 73555 ALESSANDRO DRIVE PALM DESERT CA 92260 330293124 501(C)(3) 5000 GENERAL SUPPORT SIOUX EMPIRE AMERICAN RED CROSS 808 N WEST AVENUE SIOUX FALLS SD 571045720 460234936 501(C)(3) 1400 GENERAL SUPPORT; DISASTER FUNDING SIOUX EMPIRE HOMELESS COALITION PO BOX 2841 SIOUX FALLS SD 571012841 460448734 501(C)(3) 5635 GENERAL SUPPORT; PROJECT CONNECT SIOUX EMPIRE UNITED WAY 1000 N WEST AVENUE SUITE 120 SIOUX FALLS SD 57104 460233701 501(C)(3) 250152 ANNUAL ENDOW DIST; ANNUAL CAMPAIGN SIOUX FALLS AREA CASA 220 W 6TH STREET FIRST FLOOR SIOUX FALLS SD 571013001 460430647 501(C)(3) 32080 GENERAL SUPPORT; ANNUAL ENDOW DIST SIOUX FALLS AREA CHAMBER OF COMMERCE FOUNDATI 200 N PHILLIPS AVENUE 102 SIOUX FALLS SD 571011425 363470628 501(C)(3) 27000 WORKFORCE DEVELOPMENT; AFFORDABLE HOUSING SIOUX FALLS AREA HUMANE SOCIETY 3720 E BENSON ROAD SIOUX FALLS SD 57104 460239786 501(C)(3) 35393 ANNUAL ENDOW DIST; GENERAL SUPPORT SIOUX FALLS CARES PO BOX 89106 SIOUX FALLS SD 57109 460450382 501(C)(3) 10906 GENERAL SUPPORT; HOLIDAY GIFTS SIOUX FALLS CATHOLIC SCHOOLS 3100 W 41ST STREET SIOUX FALLS SD 57105 460413591 501(C)(3) 34601 ANNUAL ENDOW DIST; VARIOUS PROGRAMS; GENERAL SUPPORT SIOUX FALLS CATHOLIC SCHOOLS FOUNDATION INC 3100 W 41ST STREET SIOUX FALLS SD 571054222 510145184 501(C)(3) 5451 O'GORMAN HIGH SCHOOL; TEACHER SALARY ENDOW SIOUX FALLS FAMILY YMCA 230 S MINNESOTA AVENUE SIOUX FALLS SD 571046314 460225021 501(C)(3) 62891 ANNUAL ENDOW DIST; GENERAL SUPPORT; STRONG KIDS CAMPAIGN SIOUX FALLS JAZZ & BLUES SOCIETY 301 S MAIN AVENUE SIOUX FALLS SD 571011285 460418356 501(C)(3) 28500 GENERAL SUPPORT SIOUX FALLS LUTHERAN SCHOOL 308 W 37TH STREET SIOUX FALLS SD 57105 460343381 501(C)(3) 36646 GENERAL SUPPORT SIOUX FALLS SEMINARY 2100 S SUMMIT AVENUE SIOUX FALLS SD 57105 460237098 501(C)(3) 25690 GENERAL SUPPORT; BUILDING FUND SIOUX FALLS STATE THEATRE COMPANY PO BOX 481 SIOUX FALLS SD 57105 203473359 501(C)(3) 391000 GENERAL SUPPORT; CAPITAL CAMPAIGN SIOUXLAND HERITAGE MUSEUMS 200 W SIXTH STREET SIOUX FALLS SD 571046001 363609618 501(C)(3) 41593 ANNUAL ENDOW DIST; CONCERT SERIES SOUTH DAKOTA 4-H FOUNDATION INC SOUTH DAKOTA STATE UNIVERSITY BROOKINGS SD 57007 466016086 501(C)(3) 9600 CAPITAL CAMPAIGN; CHARACTER COUNTS; ATHLETES OF CHARACTER SOUTH DAKOTA ACHIEVE 4100 S WESTERN AVENUE SIOUX FALLS SD 571056699 237072116 501(C)(3) 26757 ANNUAL ENDOW DIST; GENERAL SUPPORT SOUTH DAKOTA COACHES FOUNDATION 801 W EAGLE RIDGE STREET SIOUX FALLS SD 57108 363958284 501(C)(3) 5000 GENERAL SUPPORT SOUTH DAKOTA GOLF ASSOCIATION JUNIOR GOLF FOUNDATION SUITE 202 SIOUX FALLS SD 571061565 460449824 501(C)(3) 4850 ANNUAL ENDOW DIST; GENERAL SUPPORT SOUTH DAKOTA HALL OF FAME 1601 E 69TH STREET SUITE 204 SIOUX FALLS SD 57108 460324210 501(C)(3) 15850 GENERAL SUPPORT SOUTH DAKOTA HUMANITIES COUNCIL SUITE A BROOKINGS SD 57006 460316222 501(C)(3) 5000 FESTIVAL OF BOOKS SOUTH DAKOTA LIONS EYE BANK 4501 W 61ST STREET N SIOUX FALLS SD 571076411 460413527 501(C)(3) 30103 GENERAL SUPPORT; YOUTH CAMP SOUTH DAKOTA PARKS AND WILDLIFE FOUNDATION 4500 S OXBOW AVENUE SIOUX FALLS SD 571064114 460387968 501(C)(3) 558000 OUTDOOR CAMPUS; BLOOD RUN ACQUISITION SOUTH DAKOTA STATE UNIVERSITY FOUNDATION 823 MEDARY AVENUE BROOKINGS SD 570070499 460273801 501(C)(3) 31477 SCHOLARSHIPS; VARIOUS PROGRAMS SOUTH DAKOTA SYMPHONY ORCHESTRA 301 S MAIN AVENUE SIOUX FALLS SD 57104 466017026 501(C)(3) 113059 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS SOUTH DAKOTA VOICES FOR CHILDREN 808 N WEST AVENUE SIOUX FALLS SD 571012196 460425502 501(C)(3) 19250 GENERAL SUPPORT SOUTHEAST TECHNICAL INSTITUTE FOUNDATION 2320 N CAREER AVENUE SIOUX FALLS SD 571071301 364112897 501(C)(3) 15500 ANNUAL ENDOW DIST; SCHOLARHIPS SOUTHEASTERN BEHAVIORAL HEALTHCARE 2000 S SUMMIT AVENUE SIOUX FALLS SD 57105 460232306 501(C)(3) 22015 ANNUAL ENDOW DIST; AED PURCHASE SPECIAL OLYMPICS OF SOUTH DAKOTA 800 E I-90 LANE SIOUX FALLS SD 57104 460359776 501(C)(3) 32550 GENERAL SUPPORT; CAPITAL CAMPAIGN SPIRIT OF PEACE - UNITED CHURCH OF CHRIST 6509 S CLIFF AVENUE SIOUX FALLS SD 57108 203264398 501(C)(3) 5092 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS ST FRANCIS HOUSE 1301 E AUSTIN STREET SIOUX FALLS SD 57103 460423202 501(C)(3) 5050 GENERAL SUPPORT; MILK FOR GUESTS ST JOSEPH'S INDIAN SCHOOL 1301 N MAIN STREET CHAMBERLAIN SD 57325 460235912 501(C)(3) 7985 ANNUAL ENDOW DIST ST MARGARET'S CHURCH 417 S ELM STREET KIMBALL SD 57355 460226158 501(C)(3) 10000 MAINTENANCE NEEDS ST MARK'S LUTHERAN CHURCH 2001 S ELMWOOD AVENUE SIOUX FALLS SD 57105 466026433 501(C)(3) 20000 GENERAL SUPPORT ST WILFRID CATHOLIC CHURCH PO BOX 266 WOONSOCKET SD 573850266 460345471 501(C)(3) 5000 MAINTENANCE NEEDS TEEN CHALLENGE OF THE DAKOTAS 317 THIRD AVENUE BROOKINGS SD 57006 460319355 501(C)(3) 11292 GENERAL SUPPORT; BUILDING PROJECT THE BANQUET 900 E EIGHTH STREET SIOUX FALLS SD 57103 460387495 501(C)(3) 36828 ANNUAL ENDOW DIST; GENERAL SUPPORT THE COMMUNITY OUTREACH 225 E 11TH STREET SUITE 200 SIOUX FALLS SD 57105 460416744 501(C)(3) 10350 TRANSPORTATION ASSISTANCE; NEEDS FREE PROGRAM THE SALVATION ARMY 800 N CLIFF AVENUE SIOUX FALLS SD 571011002 362167910 501(C)(3) 12027 GENERAL SUPPORT; DISASTER RELIEF TLC TRANSITIONAL LIVING CORPORATION 27048 TALLGRASS AVENUE SIOUX FALLS SD 57108 200293050 501(C)(3) 36500 GENERAL SUPPORT; SCHOLARSHIPS UNIVERSITY OF SIOUX FALLS 1101 W 22ND STREET SIOUX FALLS SD 571051699 460224600 501(C)(3) 69977 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS UNIVERSITY OF SOUTH DAKOTA FOUNDATION PO BOX 5555 VERMILLION SD 57069 466018891 501(C)(3) 663784 SCHOLARSHIPS; GENERAL SUPPORT; VARIOUS PROGRAMS VOLUNTEERS OF AMERICA DAKOTAS 1309 W 51ST STREET SIOUX FALLS SD 571099306 460228096 501(C)(3) 196202 ANNUAL ENDOW DIST; CAPITAL CAMPAIGN; VARIOUS PROGRAMS WASHINGTON PAVILION OF ARTS AND SCIENCE 301 S MAIN AVENUE SIOUX FALLS SD 571010984 460435791 501(C)(3) 238598 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS WEGNER ARBORETUM SOCIETY C/O DAVENPORT EVANS HURWITZ SMITH SIOUX FALLS SD 571011030 208784637 501(C)(3) 20987 ORGANIZATIONAL SUPPORT WESLEY UNITED METHODIST CHURCH 1700 E SIXTH STREET SIOUX FALLS SD 571031522 460413327 501(C)(3) 6650 VARIOUS PROGRAMS WEST NIDAROS CHURCH 25403 - 471ST AVENUE CROOKS SD 57020 466011973 501(C)(3) 67018 ANNUAL ENDOW DIST XAVIER COLLEGE PREPARATORY HIGH SCHOOL 34 - 200 COOK STREET PALM DESERT CA 922111620 710908497 501(C)(3) 10000 GENERAL SUPPORT YWCA OF SIOUX FALLS 300 W 11TH STREET SIOUX FALLS SD 571046306 460234998 501(C)(3) 54858 ANNUAL ENDOW DIST; GENERAL SUPPORT; VARIOUS PROGRAMS DOWNTOWN SIOUX FALLS INC SUITE 102 SIOUX FALLS SD 57104 363627217 501(C)(4) 12110 STREET BANNERS; PUBLIC EVENTS SOUTHEASTERN DISTRICT DENTAL SOCIETY C/O ORTHODONTICS LTD SIOUX FALLS SD 57105 460439368 501(C)(6) 11136 TOOTHBRUSH DISTRIBUTION PROGRAM MINNEHAHA COUNTY 521 N MAIN AVENUE SUITE 201 SIOUX FALLS SD 571045965 466000426 COUNTY 11850 PROJECT SAFE HOUSE; INDIGENT RELIEF CITY OF SIOUX FALLS PARKS AND RECREATION SIOUX FALLS SD 571045929 466000425 MUNICIPAL 2958 PARK DEVELOPMENT; POLICE TRAINING; MUNICIPAL BAND SIOUX FALLS SCHOOL DISTRICT #49-5 201 E 38TH STREET SIOUX FALLS SD 571175051 466002586 SCHOOL DISTRICT 50113 VARIOUS PROGRAMS NORTHERN STATE UNIVERSITY 1200 S JAY STREET ABERDEEN SD 57401 466000364 STATE 15200 SOFTBALL PROGRAM SOUTH DAKOTA DEPARTMENT OF CORRECTIONS MIKE DURFEE STATE PRISON SPRINGFIELD SD 570622238 466000364 STATE 15200 PEDAL POWER PROGRAM SOUTH DAKOTA STATE HISTORICAL SOCIETY 900 GOVERNORS DRIVE PIERRE SD 57501 466000364 STATE 15200 GOVERNOR PORTRAIT CONSERVATION FUND 133 3 INDIGENT ASSISTANCE 5 2500 0 N/A N/A SCHOLARSHIP ASSISTANCE 131 223603 0 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SFACF REVIEWS THE TAX STATUS OF POTENTIAL GRANTEES USING GUIDESTAR CHARITY CHECK, WHICH INTEGRATES DATA FROM IRS PUBLICATION 78 ON A WEEKLY BASIS. MONITORING PROCEDURES VARY BASED ON THE GRANTEE'S TAX STATUS, THE PURPOSE OF THE GRANT, AND THE SOURCE OF THE RECOMMENDATION FOR THE GRANT. GRANTS TO ORGANIZATIONS WITHOUT 501(C)(3) OR EQUIVALENT TAX STATUS ARE MADE USING STANDARD EXPENDITURE RESPONSIBILITY PROCEDURES. TO ASSURE THAT A PROPOSED ACTIVITY IS EXCLUSIVELY CHARITABLE AND THAT THE ORGANIZATION HAS THE CAPACITY TO PERFORM SUCCESSFULLY, AN ORGANIZATION WITHOUT CHARITABLE TAX STATUS IS SUBJECT TO PRE-GRANT INQUIRY BY THE CEO, VICE PRESIDENT, AND/OR PROGRAM OFFICER. THE INQUIRY AND ITS OUTCOME ARE DOCUMENTED IN A COMPLIANCE FILE. IF IN SFACF'S OPINION, ORGANIZATIONAL CAPACITY IS WEAK, A GRANT WILL BE PAID ONLY AS REIMBURSEMENT FOR DOCUMENTED CHARITABLE EXPENSES. OTHERWISE, THE ORGANIZATION IS REQUIRED TO SIGN A GRANT AGREEMENT AND TO REPORT ON THE OUTCOMES OF THE SUPPORTED CHARITABLE ACTIVITIES. FOR GRANTS MADE TO 501(C)(3) ORGANIZATIONS AND CHARITABLE EQUIVALENTS, SUCH AS RELIGIOUS ORGANIZATIONS AND GOVERNMENTAL ENTITIES: - ALL GRANT RECOMMENDATIONS FROM DONOR-ADVISORS ARE REVIEWED BY THE PROGRAM OFFICER AND VICE PRESIDENT PRIOR TO APPROVAL TO ASSURE THAT NEITHER THE DONOR-ADVISOR NOR PERSONS RELATED TO THE ADVISOR WILL BENEFIT FROM THE GRANT. AT THE REQUEST OF THE DONOR-ADVISOR, SFACF WILL REQUIRE, ACCEPT, AND REVIEW POST-GRANT EVALUATIONS. - ONCE APPROVED, GRANTS FOR GENERAL SUPPORT AND FUNDRAISING CAMPAIGNS ARE NOT MONITORED, REGARDLESS OF THE SOURCE OF THE RECOMMENDATION. - ORGANIZATIONS RECEIVING COMPETITIVELY AWARDED GRANTS FROM SFACF'S GRANTS COMMITTEE FOR A SPECIFIC PURPOSE ARE REQUIRED TO SIGN GRANT AGREEMENTS AND TO REPORT ON THE OUTCOMES OF THE ACTIVITIES SUPPORTED. EVALUATIONS ARE REVIEWED BY THE GRANTS COMMITTEE AS THEY ARE RETURNED TO SFACF. ADDITIONAL GRANTS ARE NOT MADE TO AN ORGANIZATION THAT FAILS TO REPORT OR THAT FILES AN UNSATISFACTORY REPORT UNTIL THE ORGANIZATION IS IN COMPLIANCE WITH EVALUATION STANDARDS. - ORGANIZATIONS BENEFITING FROM ANNUAL DISTRIBUTIONS MADE FROM DESIGNATED AND AGENCY FUNDS RECEIVE A REPORT OF PURPOSE RESTRICTIONS PLACED ON THE GRANT AND EITHER 1) CERTIFY THAT BY CASHING THE CHECK THE PROCEEDS WILL BE USED FOR THE INTENDED PURPOSE OR 2) ARE REQUIRED TO SUBMIT A REPORT TO SFACF VERIFYING THE USE OF THE GRANT. ADDITIONAL GRANTS ARE NOT MADE TO AN ORGANIZATION THAT FAILS TO REPORT OR THAT FILES AN UNSATISFACTORY REPORT UNTIL THE ORGANIZATION HAS TAKEN STEPS TO AND DEMONSTRATED IT HAS AND WILL COMPLY WITH GRANT RESTRICTIONS. - SCHOLARSHIPS AWARDED BY SFACF ARE APPROVED AND PAID TO EDUCATIONAL INSTITUTIONS ONLY AFTER VERIFYING STUDENT ENROLLMENT, AND IN THE CASE OF SCHOLARSHIP RENEWAL, A STUDENT'S CONTINUING FINANCIAL NEED AND ACADEMIC ELIGIBILITY FOR ASSISTANCE. X 43 2653116 AVERAGE MARKET PRICE X 1 565000 APPRAISAL 0 1 1 THIRD PARTY USE: PART I, LINE 32B: SFACF USES VARIOUS BANK TRUST DEPARTMENTS AND BROKERAGE FIRMS TO ACCEPT AND SELL CONTRIBUTIONS OF SECURITIES AND MUTUAL FUNDS. FORM 990, PART VI, SECTION B, LINE 11 SENIOR STAFF COMPILES INFORMATION FOR SFACF'S TAX RETURN AND REVIEWS THE INDEPENDENT ACCOUNTING FIRM'S DRAFT DOCUMENT. WHEN COMPLETE, SENIOR STAFF PRESENT THE DRAFT (WITH THE EXCEPTION OF SCHEDULE B, SCHEDULE OF CONTRIBUTORS, WHICH IN DEFERENCE TO DONORS' DESIRE FOR PRIVACY IS REVIEWED BY THE CHAIR OF THE BOARD OF DIRECTORS) TO A JOINT MEETING OF THE AUDIT AND FINANCE COMMITTEES, THE MEMBERSHIP OF WHICH IS COMPRISED OF BOARD MEMBERS AND FIVE ATTORNEYS AND/OR CPAS DRAWN FROM THE COMMUNITY. ONCE APPROVED AT THE COMMITTEE LEVEL, ALL MEMBERS OF THE GOVERNING BOARD RECEIVE ELECTRONIC COPIES OF THE TAX RETURN, WITH SCHEDULE B REDACTED. THE BOARD REVIEWS, DISCUSSES, AND APPROVES THE RETURN AT ITS DECEMBER OR JANUARY MEETING. THE PREPARER SUBSEQUENTLY FILES THE TAX RETURN. THIS REVIEW PROCESS IS CONDUCTED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH FISCAL YEAR, ALL MEMBERS OF SFACF'S STAFF, ITS BOARD OF DIRECTORS, AND ITS FIVE STANDING COMMITTEES FILE CONFLICT OF INTEREST FORMS WITH THE PRESIDENT/CEO. THE FORMS DISCLOSE EACH INDIVIDUAL'S AFFILIATIONS WITH OTHER NONPROFIT ORGANIZATIONS AND SFACF VENDORS. THESE FORMS ARE COMPILED IN THE GOVERNING BOARD'S POLICY MANUAL, WHICH IS AVAILABLE ONLINE, AND ARE AVAILABLE FOR PUBLIC REVIEW UPON REQUEST. AT THE BEGINNING OF EACH MEETING OF THE BOARD OR OF A STANDING COMMITTEE, THE PERSON PRESIDING CALLS FOR DISCLOSURE OF CONFLICTS RELATED TO AGENDA ITEMS. BOARD AND COMMITTEE MEMBERS ARE REQUIRED TO GIVE NOTICE OF ANY POTENTIAL CONFLICT OF INTEREST AND "...SHALL NOT VOTE ON SUCH MATTER, AND SHALL NOT ATTEMPT TO EXERT PERSONAL INFLUENCE IN CONNECTION THEREWITH." IN THE EVENT THE EXISTENCE OF A CONFLICT OF INTEREST IS UNCLEAR, AFTER DISCLOSING THE INTEREST AND ALL MATERIAL FACTS, THE PERSON WILL LEAVE THE MEETING WHILE THE REMAINING BOARD OR COMMITTEE MEMBERS DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF THE BOARD OR A COMMITTEE PERCEIVES THAT A PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT WILL INFORM THE PERSON OF THE BASIS FOR SUCH BELIEF AND GIVE THAT PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THAT PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION, WHICH MAY INCLUDE TERMINATION OF EMPLOYMENT OR DISMISSAL FROM THE BOARD OR COMMITTEE. FURTHERMORE, THE IMMEDIATE FAMILY OF BOARD AND STAFF ARE NOT ELIGIBLE TO APPLY FOR ANY AWARD PROGRAM ADMINISTERED BY SFACF. AN IMMEDIATE FAMILY MEMBER IS DEFINED AS PARENT OR STEP-PARENT, SPOUSE, CHILD OR STEP-CHILD, GRANDPARENT, GRANDCHILD OR STEP-GRANDCHILD, SIBLING OR STEP-SIBLING, AUNT OR UNCLE, NIECE OR NEPHEW, IN-LAW (MOTHER, FATHER, SISTER, BROTHER, DAUGHTER OR SON), AND OTHER RELATIVE OR SIGNIFICANT OTHERS WHO HAVE LIVED AS PART OF THE BOARD OR STAFF MEMBER'S IMMEDIATE FAMILY. FORM 990, PART VI, SECTION B, LINE 15 SFACF USES THE COUNCIL ON FOUNDATION'S ANNUAL "GRANTMAKER'S SALARY AND BENEFITS REPORT" TO ESTABLISH SALARY RANGES FOR ALL STAFF POSITIONS, INCLUDING THE TOP MANAGEMENT OFFICIALS, WHICH ARE THE CEO, VICE PRESIDENT, AND CONTROLLER. RANGES ARE BASED ON THE NATIONAL SURVEY'S MIDWEST TABLES AND DISCOUNTED BY 6% TO REFLECT WHAT IS ASSUMED TO BE A LOWER COST OF LIVING IN THE SIOUX FALLS AREA. SFACF'S FINANCE COMMITTEE REVIEWS ALL PERSONNEL POLICIES IN NOVEMBER. THEY REVIEW SALARY RANGES EACH JANUARY. THE COMMITTEE'S RECOMMENDATIONS ARE FORWARDED TO THE BOARD OF DIRECTORS FOR FURTHER CONSIDERATION AND RATIFICATION. FOLLOWING ANNUAL PERFORMANCE APPRAISALS, THE EXECUTIVE COMMITTEE SETS THE CEO'S ANNUAL SALARY, AND THE CEO ESTABLISHES THE SALARY FOR THE VICE PRESIDENT, CONTROLLER, AND ALL OTHER STAFF. THIS PROCESS WAS LAST COMPLETED IN JUNE 2012. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF SFACF'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT NO CHARGE TO THE INQUIRER. UNAUDITED FINANCIAL STATEMENTS ARE INCLUDED IN ITS ANNUAL REPORT, WHICH IS DISTRIBUTED TO MORE THAN 22,000 HOUSEHOLDS. AUDITED FINANCIAL STATEMENTS AND SFACF'S FEDERAL TAX RETURNS ARE AVAILABLE UPON REQUEST AT NO CHARGE TO THE INQUIRER AND ONLINE AT WWW.SFACF.ORG AND WWW.GUIDESTAR.ORG, A NATIONAL CLEARINGHOUSE FOR INFORMATION ON NONPROFITS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,540,776. INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE 226,357. CHANGE IN NET ASSETS HELD FOR OTHERS, NET OF DISTRIBUTIONS 4,877. TOTAL TO FORM 990, PART XI, LINE 5: -2,309,542.