South Dakota Community Foundation
South Dakota Community Foundatio

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Example Fund

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SDCF FACTORS

5% Distribution Policy:


The annual grantmaking distribution is 5% of average fair market value of total endowment, which average is to be computed based on sixteen quarter trailing average.

Funds must be invested for one year to be eligible for valuation. All funds are valued as of December 31 of each year

 
and funds are available for distribution the following year.Funds established in 2007 will be valued 12/31/08 and distributions available in 2009. Money can be held outside of the endowment to make distributions during the first year.

Average Rate of Return:

Last 10 years: 7.5%


 
EXAMPLE FUND

$100,000 Fund - $1,100
(1.10% x $100,000)

$100,000 x 5% - $5,000

 
CALCULATION
   
$60,156,916 Fair Market Value
x 7.5 % 10 yr Average Ret.
$ 4,511,769 Total Earnings
x .17% Fund % to Total
$ 7,670 Fund Earnings
$ 1,100 Administrative Fee
$ 6,570  
$ - 5,000 Distribution
$ 1,570 Undistributed
  Income that is
added to your
fund
 
   
  South Dakota Community Foundatio

South Dakota Community Foundation • 207 East Capitol - Box 296 • Pierre, SD 57501

Telephone: (605) 224-1025 • Fax: (605) 224-5364 • Toll Free: (800) 888-1842