About

MISSION


​The Stewartville Area Community Foundation (SACF) is dedicated to supporting projects which improve the quality of life and build a stronger community for the Greater Stewartville Area. 

History & Projects

The Stewartville Area Community Foundation was formed on April 3, 2000.  The Foundation serves as a tax advantage conduit for donated funds to benefit specific community projects. 

In the past years, over $475,000 has been received and used for the betterment of the Greater Stewartville Area by:
  • Enhancing our Aquatic Center
  • Building Tennis Courts at Bear Cave Park
  • Facilitating & Improving Walking/Biking Trails throughout the Community
  • Funding Projects for the Bear Cave Master Plan including the Bear Cave Amphitheater

Distinct Areas of Focus

Asset
​Development

Fund Management &
​Awarding of Grants

Identification of
​Emerging Needs
The foundation builds and maintains a pool of funds from many donors to provide a perpetual source of income to meet the charitable needs of our community
The Foundation provides a wide variety of opportunities for donors to achieve their charitable goals.
As a community leader, the Foundation identifies and addresses how the emerging needs of the growing Stewartville area can be met through gifts.
The Stewartville Area Community Foundation is able to do its work because it is a Minnesota non-profit corporation that is classified as tax exempt under 501(C) (3) of the Internal Revenue code and is funded through the charitable gifts given by people of the Stewartville area. These monetary gifts are invested and grow to become the basis for a permanent charitable endowment fund. The money earned in this permanent fund is given back to the community in the form of grants for specific areas of need.
​The Stewartville Area Community Foundation is an affiliate of the Rochester Area Foundation. This affiliation offers enhanced investment income advantages to donors, and to the Foundation.

TYPES OF FUNDS

Donors to the Foundation may reach their charitable goals and philanthropic interests in many ways. Donors may give gifts during their lifetime or provide for gifts to the Foundation as part of a legacy. Here are specific ways the Community Foundation accommodates charitable giving:

Unrestricted Funds
Donors of unrestricted funds give the Foundation the flexibility to use their charitable gifts at the discretion of the Foundation. These donors recognize that ten or twenty years from now the needs of the Stewartville area may be dramatically different than they are today. They have confidence that the Foundation will use the unrestricted funds to meet those currently unforeseen needs in the community.

Field of Interest Funds
Donors use Field of Interest Funds to support specific areas of interest such as culture, health care, human services, civic improvements, youth and the arts. These donors may work with the Foundation in identifying where and how they wish their gifts to be used.

Designated Funds
Donors may specify certain existing charities as recipients of their gifts, thereby providing those organizations with a one-time gift or with a perpetual stream of income.

Agency Funds
Agency funds are established to protect the capital for the future of an organization and to provide the rewards of investment management. These funds provide for present and future funding needs and may be added to by donors who support the mission of the receiving organization.

Special Project Funds
These funds are held in trust by the Community Foundation for special projects. Using the Foundation as a fiscal agent allows non-profit organizations to pursue their charitable goals without having to set up a financial infrastructure. It also allows project supporters to receive the maximum tax benefits as allow by U.S. tax code.
The Community Foundation is pleased to assist you in making an informed charitable decision.  All inquiries are confidential. 
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