Cell phones that only dial 911 are available for clients. Please contact us for more information
MYTH: ALCOHOL ABUSE CAUSES DOMESTIC VIOLENCE.|
FACT: Although there is a high correlation between alcohol, or other substance abuse, and domestic violence, it is not the cause.
Having a predictable, steady income makes life much more manageable and enjoyable; this applies to nonprofits like Working Against Violence, Inc (WAVI) as well. WAVI receives funding from a variety of sources including Federal grants administered by the state, The United Way of the Black Hills, and through private grants and foundations. Much of that funding is not guaranteed year by year. In order for WAVI to continue providing high quality comprehensive services to victims of domestic violence and sexual assault, support from the community through regular donations and fundraising activities is ESSENTIAL.|
What can be done to ensure WAVI's future?
The ONE thing that will ensure WAVI has a regular, predictable, growing, and protected income source is to make sure WAVI has a strong endowment.
What is an endowment?
Endowments are funds permanently donated to a college, university or a nonprofit institution or foundation, in which the income earned each year, is used to support the institution's daily operations and programs. Most endowments result from gifts made to institutions by individuals, with the requirement that the principle - the amount of the original gift - never be spent. The gift is invested as part of the endowment and earns interest income that is spent to support the institution year after year.
How is an endowment a regular, predictable, growing, and protected income source?
How can YOU help insure that WAVI's mission to create a community free of domestic violence and sexual assault continues for years to come?
- Regular: income is distributed annually from the earnings gained on the total amount of the endowment.
- Predictable: Based on financial reporting by the endowments financial home, the WAVI Board of Directors will have advance notice to the amount of funds available for the next fiscal year budget.
- Growing: As gifts are made to the WAVI Endowments, the principal amount grows, therefore, increasing the annual interest income. All donations are fully tax deductible as allowed by law.
- Protected: The principal amount can never be touched by either WAVI or the endowment holding foundations. A donor has the peace of mind knowing that this money will be there in perpetuity to ensure that the work of the agency continues.
WAVI has two endowment funds held and managed by the following foundations. Both foundations are public nonprofits overseen by volunteer Boards of Directors.
South Dakota Community Foundation
207 East Capitol
PO Box 296
Pierre, SD 57501-0296
Phone: 800 888-1842
Website: South Dakota Community Foundation
Fund Name: Working Against Violence (WAVI) Inc. Fund - To provide financial support to Working Against Violence, Inc. in Rapid City, SD
Black Hills Community Foundation
825 St. Joseph - 3rd Floor
PO Box 231
Rapid City, SD 57709-0231
Phone: 605 718-1002
Website: Black Hills Area Community Foundation
Fund Name: WAVI Endowment Fund - a perpetual fund supporting Working Against Violence, Inc, Rapid City