Sioux Falls Foundation Distributes $73 Million in Grants

The Sioux Falls Area Community Foundation reports record-breaking funding for regional projects during the 2025-26 fiscal year.

Updated on Oct. 16, 2026 in Philanthropy

Isometric editorial illustration of a modern stone city park plaza, representing urban development funding. — The Sioux Falls Area Community Foundation awarded $73 million in grants during the 2025-26 fiscal year, a record high for the regional organization. AI Illustration. Upload story photo >

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The Sioux Falls Area Community Foundation distributed $73 million in grants during the 2025-26 fiscal year. This marks a significant increase from the $38 million in grants awarded during the 2024-25 fiscal year.

Why it matters

These grants support critical community pillars, including local arts, recreational infrastructure, mental health initiatives, and ongoing urban revitalization efforts across the city.

The foundation now holds $452 million in total assets after distributing $66 million in charitable funds this year. Cumulative historic contributions to the community have surpassed $425 million.

The players

Sioux Falls Area Community Foundation

This philanthropic organization manages charitable funds to support arts, recreation, and urban development projects within Sioux Falls.

South Dakota Trust Co. Foundation

This entity was honored with the Friend of the Foundation award during the annual donor reception for its support of local initiatives.

Bezos Earth Fund

This charitable organization provides large-scale grants to combat climate change and support environmental and urban projects.

The details

The foundation processes these funds through a combination of donor contributions and strategic management of charitable assets. Recent funding allocations include a $2.65 million expansion at Jacobson Plaza and a $15 million grant from the Bezos Earth Fund to advance the Quarry at the Falls project.

During the 2024-25 fiscal year, the organization distributed $38 million in grants.
During the 2025-26 fiscal year, the organization distributed $73 million in grants.
In October 2026, the foundation hosted its annual donor reception and awards event.

Market Landscape

The foundation's record-setting output reflects a broader shift toward increased philanthropic engagement in regional urban development projects. This growth positions the organization as a central pillar in the competitive landscape for non-profit funding and local redevelopment leadership.

Residents will see tangible progress in community spaces, including the planned expansion of Jacobson Plaza and developments at the Quarry at the Falls. These projects represent a direct investment in the recreational and social amenities available to the public.

The takeaway

Increased grant funding allows local non-profits to accelerate infrastructure projects that might otherwise face significant delays. Community members benefit from these investments through enhanced access to improved public facilities and social programs.