Nonprofit · EIN 31-1748533
SIOUX FALLS AREA COMMUNITY FOUNDATION INC
Tax-exempt · SIOUX FALLS, SD 57103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $50,631,506 | $41,427,307 | $9,204,199 | $390,919,507 | $48,676,199 | $342,243,308 |
| June 30, 2024 | 990 | $106,816,971 | $40,675,484 | $66,141,487 | $364,501,593 | $45,231,726 | $319,269,867 |
| June 30, 2023 | 990 | $36,878,472 | $31,578,888 | $5,299,584 | $283,123,600 | $41,423,793 | $241,699,807 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $33,119,743
- Program service revenue
- $0
- Investment income
- $17,536,015
- Net gain from sales of assets
- $7,145,011
- Net income from fundraising events
- -$24,252
- Other revenue
- -$24,252
Expenses
- Grants and similar amounts paid
- $38,909,054
- Compensation of officers, directors and key employees
- $627,274
- Other salaries and wages
- $608,837
- Salaries, compensation and benefits (total)
- $1,401,492
- Professional fundraising fees
- $0
- Legal fees
- $8,909
- Accounting fees
- $37,467
- Occupancy
- $42,696
- Travel
- $9,486
- Depreciation
- $113,201
- Program services (functional)
- $40,157,307
- Management and general (functional)
- $397,345
- Fundraising (functional)
- $872,655
Balance sheet and other
- Total assets, start of year
- $364,501,593
- Total assets, end of year
- $390,919,507
- Total liabilities, end of year
- $48,676,199
- Net assets, end of year
- $342,243,308
- Land, buildings and equipment
- $3,519,296
- Publicly traded securities
- $265,264,534
- Net assets without donor restrictions
- $285,032,458
- Net assets with donor restrictions
- $57,210,850
- Gross receipts
- $98,351,093
- Employees
- 15
- Volunteers
- 200
- Year formed
- 1984
- State of legal domicile
- SD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW PATTERSON | PRESIDENT/CEO Officer | 50 | $226,250 | $19,925 |
| MARY KOLSRUD | CHIEF PHILANTHROPY OFFICER Officer | 50 | $134,643 | $18,964 |
| MIKE FINNEGAN | CHIEF FINANCIAL OFFICER Officer | 50 | $136,387 | $17,159 |
| SUZANNE VEENIS | CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 |
| TODD ERNST | PAST CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 |
| AARON SEVERSON | VICE CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 |
| MATT GASSEN | TREASURER, CHAIR OF FINANCE COMMITTEE Trustee or director, Officer | 2 | $0 | $0 |
| MARILYN KORSTEN | SECRETARY, CHAIR OF GRANTS COMMITTEE Trustee or director, Officer | 2 | $0 | $0 |
| STACY ERDMANN | CHAIR OF AUDIT COMMITTEE Trustee or director | 2 | $0 | $0 |
| MANDY GAIKOWSKI | CHAIR OF LEGAL COMMITTEE Trustee or director | 2 | $0 | $0 |
| MAGGIE GROTELUSCHEN | MEMBER Trustee or director | 2 | $0 | $0 |
| JASON HERRBOLDT | MEMBER (THRU 09/25/24) Trustee or director | 0 | $0 | $0 |
| ANGELA LAMMERS | MEMBER Trustee or director | 2 | $0 | $0 |
| ANGELINE LAVIN | CHAIR OF INVESTMENT COMMITTEE Trustee or director | 2 | $0 | $0 |
| LORRAE LINDQUIST | MEMBER Trustee or director | 2 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE SARBACKER | CHAIR OF GIFT ACCEPTANCE Trustee or director | 2 | $0 |
| JIM SOUKUP | MEMBER Trustee or director | 2 | $0 |
| PAT SWEETMAN | MEMBER Trustee or director | 2 | $0 |
| BEN WIENER | MEMBER (THRU 6/27/25) Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW PATTERSON | PRESIDENT/CEO Officer | 50 | $182,935 | $50,795 |
| MARY KOLSRUD | VP, PHILANTHROPY Officer | 50 | $112,078 | $20,972 |
| MIKE FINNEGAN | VP, FINANCE/CFO Officer | 50 | $118,613 | $13,511 |
| TODD ERNST | CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 |
| SUZANNE VEENIS | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MATT GASSEN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| AARON SEVERSON | TREASURER,CHAIR OF FINANCE Trustee or director, Officer | 2 | $0 | $0 |
| AMANGE AWARE | MEMBER Trustee or director | 2 | $0 | $0 |
| STACY ERDMANN | CHAIR OF AUDIT Trustee or director | 2 | $0 | $0 |
| MANDY GAIKOWSKI | CHAIR OF LEGAL/EASTBANK LAND Trustee or director | 2 | $0 | $0 |
| MARILYN KORSTEN | CHAIR OF GRANTS Trustee or director | 2 | $0 | $0 |
| ANGELA LAMMERS | MEMBER Trustee or director | 2 | $0 | $0 |
| ANGELINE LAVIN | CHAIR OF INV. MNGMT. (BEG. 01/24) Trustee or director | 2 | $0 | $0 |
| LORRAE LINDQUIST | MEMBER Trustee or director | 2 | $0 | $0 |
| SARAH MADISON | CHAIR OF INV. MNGMT. (THROUGH 01/24) Trustee or director | 2 | $0 | $0 |
| STEVE SARBACKER | CHAIR OF GIFT ACCEPTANCE Trustee or director | 2 | $0 | $0 |
| PAT SWEETMAN | MEMBER Trustee or director | 2 | $0 | $0 |
| DOUG TRIBBLE | MEMBER Trustee or director | 2 | $0 | $0 |
| BEN WIENER | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW PATTERSON | PRESIDENT/CEO Officer | 50 | $176,241 | $48,672 |
| MARY KOLSRUD | VP, PHILANTHROPY Officer | 50 | $106,657 | $23,402 |
| MIKE FINNEGAN | VP, FINANCE/CFO Officer | 50 | $111,750 | $11,175 |
| TODD ERNST | CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 |
| SUZANNE VEENIS | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MATT GASSEN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| AARON SEVERSON | TREASURER,CHAIR OF FINANCE Trustee or director, Officer | 2 | $0 | $0 |
| AMANGE AWARE | MEMBER Trustee or director | 2 | $0 | $0 |
| STACY ERDMANN | CHAIR OF AUDIT Trustee or director | 2 | $0 | $0 |
| MANDY GAIKOWSKI | MEMBER Trustee or director | 2 | $0 | $0 |
| MARILYN KORSTEN | MEMBER Trustee or director | 2 | $0 | $0 |
| LORRAE LINDQUIST | CHAIR OF GRANTS Trustee or director | 2 | $0 | $0 |
| SARAH MADISON | CHAIR OF INVESTMENT MNGMT Trustee or director | 2 | $0 | $0 |
| SUSIE PATRICK | MEMBER Trustee or director | 2 | $0 | $0 |
| STEVE SARBACKER | CHAIR OF GIFT ACCEPTANCE Trustee or director | 2 | $0 | $0 |
| MATT TOBIN | CHAIR OF LEGAL/EASTBANK LAND Trustee or director | 2 | $0 | $0 |
| DOUG TRIBBLE | MEMBER Trustee or director | 2 | $0 | $0 |
| BEN WIENER | MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 CHERAPA PL, SIOUX FALLS, SD 57103-2205
- In care of
- % CANDIS C HANSON
- Principal officer (990 for 2024)
- ANDREW T PATTERSON, 200 N CHERAPA PLACE, SIOUX FALLS, SD 57103
- Signed the 990
- ANDREW T PATTERSON, PRESIDENT/CEO
- Phone
- (605) 336-7055
- Website
- WWW.SFACF.ORG
- Return prepared by
- RSM US LLP
Mission
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.
Program accomplishments
- 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 275,000, AND OTHER COMMUNITIES WITHIN A 25-MILE RADIUS OF THE CITY OF SIOUX FALLS, SOUTH DAKOTA.SFACF'S GRANTMAKING IS AIMED AT IMPROVING THE QUALITY OF LIFE IN THE SERVICE AREA, FOR GOOD, FOR EVER. IN FISCAL YEAR 2025, NEARLY 3,900 GRANTS WERE MADE. STUDENTS BENEFITED FROM COMPETITIVELY AWARDED SCHOLARSHIPS AND COMPETITIVELY AWARDED GRANTS WERE MADE TO ORGANIZATIONS THAT SOUGHT TO ADDRESS THE AREA'S MOST PRESSING NEEDS AND OPPORTUNITIES.CHARITABLE ORGANIZATIONS RECEIVED SUPPORT IN PROGRAM AREAS THAT INCLUDE ARTS AND HUMANITIES, COMMUNITY DEVELOPMENT, EDUCATION, ENVIRONMENT, HEALTH, HUMAN SERVICES, AND RELIGION.SFACF HAS MET AND ADHERES TO NATIONAL STANDARDS FOR COMMUNITY FOUNDATIONS IN THE U.S. AS ESTABLISHED BY THE COUNCIL ON FOUNDATIONS, HYPERLINK "HTTP://WWW.COF.ORG"WWW.COF.ORG, ARLINGTON, VIRGINIA.Expenses $40,157,307 · grants $38,909,054
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1748533
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $390,919,507
- Income (IRS master file)
- $98,351,093
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $50,631,506 | $41,427,307 | $390,919,507 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $106,816,971 | $40,675,484 | $364,501,593 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $36,878,472 | $31,578,888 | $283,123,600 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $76,466,859 | $31,054,030 | $267,142,953 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1748533).
Questions about SIOUX FALLS AREA COMMUNITY FOUNDATION INC
- What is the EIN of SIOUX FALLS AREA COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of SIOUX FALLS AREA COMMUNITY FOUNDATION INC is 31-1748533.
- Is SIOUX FALLS AREA COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to SIOUX FALLS AREA COMMUNITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SIOUX FALLS AREA COMMUNITY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SIOUX FALLS AREA COMMUNITY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SIOUX FALLS AREA COMMUNITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SIOUX FALLS AREA COMMUNITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names ANDREW T PATTERSON.
- Who are the officers and directors of SIOUX FALLS AREA COMMUNITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 19 people; 3 received compensation from the organization, the highest $226,250 (ANDREW PATTERSON, PRESIDENT/CEO).
- How much revenue does SIOUX FALLS AREA COMMUNITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $50,631,506, expenses of $41,427,307 and total assets of $390,919,507 at year end.
Other nonprofits in SIOUX FALLS
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- MARGOT AND TOM PRITZKER SCIENCE FOUNDATION EIN 88-3935630 · last filed 990 for 2024
- SANFORD HEALTH FOUNDATION EIN 36-3297853 · last filed 990 for 2024
- ROBERT AND RITA ELMEN FOUNDATION EIN 20-5767798 · last filed 990-PF for 2024
- SEEDS OF CHANGE FOUNDATION EIN 47-1654423 · last filed 990-PF for 2024
- THE ADITI FOUNDATION EIN 85-1110829 · last filed 990-PF for 2024
- RH GROWTH FOUNDATION EIN 93-3148518 · last filed 990-PF for 2025
- RAFT CHARITABLE FOUNDATION EIN 37-6439235 · last filed 990-PF for 2025
All nonprofits in SIOUX FALLS · South Dakota · Philanthropy, voluntarism and grantmaking foundations