COMMUNITY FOUNDATION DISTRIBUTES $660K TO 64 CHARITIES

COMMUNITY FOUNDATION DISTRIBUTES $660K TO 64 CHARITIES

BARABOO, WISCONSIN; July 30, 2019 – Hungry children, classical music lovers, college-bound students, public art supporters, and local veterans were among the many beneficiaries of grants last year from the Greater Sauk Community Foundation. The 21-year-old Foundation, a 501(c)(3) public charity, today released its annual report for 2018. Numbers to note:

• Assets under management surpassed $6 million for the first time.
• The Foundation now manages more than 70 different charitable funds.
• Administrative costs for 2018 were 2% of net assets, with 98% of assets directly supporting the
Foundation’s mission.
• Total grants distributed in 2018 were $660,000 to 64 different charitable organizations (88% local), plus
more than a dozen scholarships and awards.
• Total donations received in 2018 were $950,000.
• The Foundation has distributed more than $3.8 million in charitable grants and received $8.3 million in
gifts since its founding in 1998.

The Foundation also announced that it collected more than $300,000 in donations for last year’s Sauk County flood victims and received community service awards from the Sauk County Development Corporation and the Baraboo Area Chamber of Commerce.

The full report along with audited financial statements can be viewed at www.greatersauk.org.

The Greater Sauk Community Foundation is a nonprofit corporation whose mission is to encourage charitable giving, matching local gifts to local needs. Governed by a volunteer board of community leaders, the Foundation serves all of Sauk County as well as Adams, Columbia, Iowa, Juneau, Richland, and Vernon counties. Donations to support the Foundation’s work may be sent to the Greater Sauk Community Foundation, PO Box 544, Baraboo, WI 53913. For more information, call (608)355-0884 or email director@greatersauk.org.