Fueled by Governor George S. Mickelson's vision for South Dakota and financially supported by matching grants from the McKnight Foundation and 3M Corporation, the South Dakota Community Foundation became a public, non-profit corporation on November 11, 1987.
Matching grants from the 3M Corporation and the McKnight Foundation, founded by White, SD native and former 3M CEO William McKnight, challenged South Dakotans to establish an organization working to make a positive impact on every community in the state.
To meet the original $5 million matching challenge, the state of South Dakota committed $2 million to the project and the SDCF leadership worked to raise the remaining $3 million within a year.
Youths in the Middle East deal with the world’s social problems such as high youth unemployment rates. As a solution, some are creating new businesses with a social purpose, such as tackling environmental issues, illiteracy or health, while also spurring job creation.