Current Funds of the MCF

• Liebe Family Charitable Fund (est. 2015) – Provides grants for Christian Charities and other qualified charitable organizations.
  

• Menze/Veen Scholarship Fund (est. 2016) – Provide an annual scholarship to a Milbank High School graduate attending a Vocational School in South Dakota.
  

• Ernest & Anna Remund Family Scholarship Fund (est. 2005) – Provides an annual scholarship to graduating seniors of the Wilmot High School.
  

• Russell O. Peterson Scholarship Fund (est. 2005) – Provides an annual scholarship to a graduate of the Grant-Deuel High School who is pursuing a carrier in education and a second annual scholarship to a graduate pursuing a carrier in agriculture.
  

• Unity Square Endowment Fund (est. 1995) – Provides a source of funding for capital improvements and repairs for the facility.
  

• Kermit Scheele/Wilmot Scholarship Fund (est. 2001) – Provides financial assistance to Wilmot students pursuing an education after high school.

Pass-Through Accounts

• Grant County Combined Appeal (est. 1964) – Raises funds for nonprofit agencies that focus on many social areas in the Milbank area, such as youth activities, at-risk children and families, those challenged by disease or disability, and special community projects. One hundred percent of the funds raised through the Grant County Combined Appeal stays in our community area. This fund was established in 1964 and became part of the Milbank Community Foundation in 1996.

• Friends of the Prairie (est. 1997) – Supports the efforts of local groups working to preserve tracts of northern tall-grass prairie.

• Tami Nielsen Vollrath Memorial Scholarship (est. 2015) - Provide financial assistance to a Wilmot student enrolling in an accredited institution of higher education after high school.

• Grand County Heart & Diabetes Fund - identify and assist low income Grant County residents with heart and diabetes related medical bills & prescriptions as well as promote research regarding heart and diabetes.

• Milbank Area Community Tennis Association (est. 2000) – Provides opportunities for youth in Grant County to participate in developmental and competitive tennis.
  

• Veterans Memorial (est. 2009) – Supports the construction of the Veterans Memorial.

• Windmill Fund (est. 2000) – Provides funding to restore an 1882 Norfolk English Grist Mill.

• Youth in Agriculture (est. 1999) – Provides financial support to qualifying youth who compete in agricultural contest at whatever level their abilities allow them.
  

Creating a Fund

You can create your own fund with the Milbank Community Foundation.  Establishing a fund with the Milbank Community Foundation offers many benefits to donors, including:

• Perpetuity – The fund that you establish will benefit the community now and through the years.
  

• Simplicity – One contribution will address a number of different needs and will benefit many charitable organizations. The Milbank Community Foundation can provide the convenience of one-stop giving for your donations.
  

• Choice – You may indicate the purpose of the fund and choose any name you wish for the fund you establish. Grants will always be recorded in the name of the fund.
  

• Security - A well-established, ongoing foundation that provides a steady fund growth by providing a return rate that follows the prime rate index.
  

• Tax benefits – Contributions made to the Milbank Community Foundation qualify for maximum deductibility for income, gift, and estate tax purposes.
  

• Philanthropy - The Milbank Community Foundation allows others to share one’s good fortune with those less fortunate.

You can establish your own named fund with a contribution of $10,000 or more.  Your fund can benefit the community in civic, humanitarian, cultural, recreational, aesthetic, environmental, or educational needs that are most important to you.  These funds can be permanent (endowed) or pass-through (short term).