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Find similar grantsApplications accepted throughout the year on a rolling basis; 2-year grant period for meeting the challenge.
Nonprofit Savings Account Challenge Grants is sponsored by South Dakota Community Foundation. Matches funds raised by nonprofits for new or existing permanent endowment funds at a 1:4 ratio.
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Nonprofit Savings Account… | South Dakota Community Foundation Nonprofit Savings Account Challenge Grants Creating a legacy for nonprofits in our state. NSAs Developing Partnership. Building Assets.
South Dakota Community Foundation is committed to strengthening nonprofits in our state. We recognize the value of committed staff and volunteers and understand the importance of consistent funding to support critical work. We want to partner with donors in building endowment funds that will support nonprofits for years to come.
Successful recipients will use this challenge grant opportunity to solicit gifts for their new or existing permanent endowment fund at SDCF. If the organization currently has an Agency Endowment fund with us, we will use the new dollars to start a designated companion fund to benefit the organization. Successful applicants will receive $1 from the SDCF for every $4 raised (1:4 match) - up to $20,000.
To obligate the entire $20,000 challenge match, the organization must raise $80,000 in two years. Upon the completion of the grant period, SDCF will add the matching dollars to the new fund. The fund balance is invested in perpetuity, and 4.
5% of the average fair market value is available annually to support the organization's mission. -Money must be in account by deadline (no pledges accepted) -Funds will be designated to benefit an IRS verified nonprofit in South Dakota Eligibility and How to Apply This challenge grant opportunity is available only for existing or new SDCF fund partners who demonstrate the capacity to be successful in this endeavor.
The application is online through GOapply. Applications for these grants will be accepted throughout the year. Applicants will describe: -The work of the nonprofit, including service area and population.
-The steps to make sure the challenge is met in the time provided. -Explain organization’s commitment to building endowed assets.
-The organization's plan to build upon the endowment at the conclusion of the grant period Nonprofit Savings Account Challenges Mitchell Prehistoric Indian Village Preservation Society - Mitchell Family Connections Center - Rapid City Hoven Area Health Center - Hoven Casey Tibbs South Dakota Rodeo Center - Ft.
Pierre Abbey of the Hills Inn & Retreat Center - Marvin Capital Area United Way - Pierre Black Hills Habitat for Humanity Affordable Home Ownership Fund - Rapid City Lost & Found - Sioux Falls Pierre Area Referral Service (PARS) - Pierre Herreid Area Housing Development, Inc. - Herreid Leadership South Dakota - Sioux Falls Love INC. of the Black Hills - Rapid City Northern Prairies Land Trust - Sioux Falls South Dakota State Railroad Museum, Ltd. - Hill City Groundworks - Sioux Falls Aberdeen Family YMCA - Aberdeen Main Street Square - Rapid City Meals on Wheels Western South Dakota - Rapid City Redfield School Foundation - Redfield Cynthia Koerner Shelter for Animals Designated Fund to benefit the Aberdeen Area Humane Society - Aberdeen Mitchell Area Safe House - Mitchell Post 22 Baseball Foundation - Rapid City Performing Area Center of Rapid City Western Dakota Tech Foundation - Rapid City Friends of South Dakota Public Broadcasting -- Sioux Falls Lutheran Social Services of South Dakota - Western South Dakota Safe Harbor Foundation - Aberdeen South Dakota Hall of Fame - Chamberlain Teach for America South Dakota - Mission Black Hills Works - Rapid City Boys & Girls Club of Aberdeen Area - Aberdeen Boys & Girls Club of Rosebud - Mission Children's Home Society - Sioux Falls South Dakota Discovery Center - Pierre Cheyenne River Youth Project - Eagle Butte Feeding South Dakota - Statewide Rapid City Arts Council - Rapid City Verendrye Museum - Ft.
Pierre Boys & Girls Club of the Capital Area - Pierre South Dakota Humanities Council - Statewide Teen Challenge of the Dakotas - Brookings Grant Informational Webinar February 18, 2026 Click here to view the presentation from the webinar held on February 18, 2026 Click here to view the recording from the webinar held on February 18, 2026 Let's connect. Questions? Bringing Philanthropy to Life Building a Stronger South Dakota
Key questions and narrative sections extracted from the solicitation.
Describe your nonprofit's work and mission.
What is your strategy for meeting the fundraising challenge?
Demonstrate your commitment to building endowed assets.
How will you sustain your organization's work after the grant period?
According to the current listing, eligibility includes: Nonprofit organizations in South Dakota. Confirm the full requirements in the official notice before applying.
The current listing shows up to $20,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Nonprofit Savings Account Challenge Grants is funded by South Dakota Community Foundation. Verify program details on the funder's official page before applying.
This opportunity targets applicants in South Dakota. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.