First Interstate and Federal Home Loan Bank of Des Moines (FHLB Des Moines) will provide $700,000 in combined support to 34 nonprofit organizations across South Dakota.
The total includes $200,000 from First Interstate, matched up to three times through FHLB Des Moines’ Member Impact Fund.
These grants help organizations meet daily needs and invest in long‑term opportunity. Funds will support programs that address food security, youth development, housing stability, transportation access, workforce readiness, and other local priorities.
“Partnering with FHLB Des Moines allows us to amplify our giving so more South Dakota nonprofits can move their work forward,” said Jay Mitchell, Eastern South Dakota State President. “This support helps organizations serve neighbors where it matters most.”
“The Member Impact Fund match stretches each dollar further,” said Scott Reiman, Western South Dakota State President. “Together, we’re helping local partners sustain essential services and build capacity for the future.”
Launched in 2023, the Member Impact Fund matches charitable contributions from FHLB Des Moines member institutions to eligible not‑for‑profit and government organizations. In its latest round, FHLB Des Moines announced more than $12.9 million in awards to members, distributed alongside member contributions across the Bank’s district.
First Interstate’s contribution reflects our longstanding philanthropic approach. Each year, we set aside 2% of pre‑tax earnings to support community needs across our footprint. These funds back programs that develop the workforce, strengthen early childhood education, and reduce the effects of poverty.
A total of 34 South Dakota organizations will receive combined contributions from First Interstate and FHLB Des Moines:
Organization | City/Region |
|---|---|
Abbott House | Sioux Falls, Mitchell, Rapid City |
Aberdeen Family YMCA | Aberdeen |
Adult Day Center | Rapid City |
Bishop Dudley | Sioux Falls |
Black Hills Area Community Foundation | Custer |
Boys & Girls Club of Aberdeen Area | Aberdeen |
Children's Home | Sioux Falls |
Domestic Violence Network | Madison |
Elevate Rapid City | Rapid City |
Feeding South Dakota | Statewide |
Four Bands Community Fund | Statewide |
Furniture Mission | Sioux Falls |
Hungry Hearts | Sioux Falls |
Inter-lakes Community Action Partnership | Statewide |
Junior Achievement | Statewide |
Leadership South Dakota | Statewide |
LifeScape | Sioux Falls |
Make-a-Wish South Dakota & Montana | Sioux Falls |
McCrossan Boys Ranch | Sioux Falls |
Oacoma Chamberlain Pukwana Area Foundation | Chamberlain |
Project Joy | Brookings |
Rural America Initiatives | Rapid City |
Safe Place of Eastern South Dakota | Mitchell |
Sioux Empire United Way | Sioux Falls |
Sioux Falls Cares | Sioux Falls |
Sioux Falls YMCA | Sioux Falls |
Sioux Falls Zoo & Acquarium | Sioux Falls |
South Dakota 4-H | Hartford |
South Dakota Agricultural & Rural Leadership | Statewide |
Southeast Area Transit | Yankton |
Special Olympics | Statewide |
St. Francis House | Sioux Falls |
The Banquet | Sioux Falls |
United Way of Northeast South Dakota | Aberdeen |
Explore our giving approach in our Community Scorecard.
