The South Dakota Agricultural Foundation is announcing the establishment of an endowment fund within the South Dakota Community Foundation focused on investing in the future of the industry. Initial foundation partners have committed $1.5 million to this effort over the next five years. They include First Dakota National Bank; Farm Credit Services of America; Dacotah Bank; Valley Queen Cheese Factory; Legend Seeds; farmers, ranchers and other individual donors.
Nate Franzen, president of the Agri-Business Division of First Dakota National Bank says they are proud to be part of this important project.
The South Dakota Agricultural Foundation will support initiatives in the areas of workforce development, industry development and diversification, working lands conservation and promotion of and service to agriculture. Funds will be used to tackle unaddressed issues as well as support existing initiatives that are positively impacting the ag sector in South Dakota.
