Greater Clark Area Community Foundation
Our Mission – The Greater Clark Area Community Foundation is committed to enrich the quality of life in the Clare area by:
– Building an endowment fund for the future.
– Serving donors with many different interests.
– Serving as a resource and catalyst for charitable purposes.
– Assessing and responding to community needs.
The Greater Clare Area Community Foundation (GCACF) is a nonprofit, public organization created to attract and distribute charitable funds for the benefit of the Greater Clark area community. These funds are deposited into an endowed, permanent fund.
Gifts contributed to the Greater Clark Area Community Foundation are held within the South Dakota Community Foundation. The total endowment of nearly $55 million is invested by the SDCF’s investment manager. SDCF’s 2005 fifteen year average investment return was 9.1 percent.
Grants are made in January of each year as directed by the local Foundation Board. Distributions of up to five percent are limited to the fund’s income minus the SDCF administration fee. Excess earnings are deposited in the fund, thus increasing it’s value.
The Greater Clark Area Community Foundation has received a $100,000 Challenge Grant from a local couple. Up to $100,000 will be given to the Foundation on a 4:1 match. Efforts are currently ongoing to meet this challenge. Gifts received during this challenge will be matched $1.00 for every $4.00 gifted. Maximize your gift today!
In 2008, the community of Clark received the Philanthropic Community of the Year Award from the Association of Professional Fund Raisers. A plaque was presented to the community at a Luncheon Ceremony held in Ft. Pierre, SD in October 2008. The plaque is prominently displayed in the Ullyot Building. The community of Clark was sponsored by the South Dakota Community Foundation for the award.