The Paul and Carol Hohm Fund established with the South Dakota Community Foundation has distributed $37,190 to 11 local organizations. Distributions from the fund began in 2012 and total over $182,332.
“The 11 organizations will receive annual gifts from the fund,” said Marliyn Hoyt and Dr. Robert Hohm of Huron, children of Paul and Carol “Muffy” Hohm.
Funds totaling $650,000 were deposited with the South Dakota Community Foundation in 2008 to establish the Paul and Carol Hohm Fund. Interest from the investments is paid from the fund each year in perpetuity for the benefit of the Huron area organizations.
This year’s disbursements were to Violet Tschetter Memorial Hohm, $11,417; Nordby Center/Hohm Courts, $8,590; Huron Hockey, James Valley Christian School and United Way Heartland Region, $2,864 each; Huron Area Girl Scouts, Huron Area Boy Scouts, Salvation Army-Huron, Central Prarie Red Cross, First Presbyterian Church and Pyle House Museum, $1,432 each.
Christen Hohm Lusk Foundation and Ken and Lois Borecky Fund
Since 1987, the South Dakota Community Foundation has helped people reach their philanthropic goals and strengthened communities across the state.
The SDCF administers approximately $300 million in total assets for over 850 funds. By commingling endowed assets, the SDCF gives its partners enhanced investment opportunities that provide long-term support to charitable causes. In 2016, the SDCF distributed more than $13 million in grants.
For more information about the endowed funds and community programs offered by the SDCF, visit SDCommunityFoundation.org.
This year marks the 28th year of giving from the Christen Hohm Lusk Greater Huron Area Foundation. A total of $72,504 was distributed through the Christen Hohm Lusk Greater Huron Area Foundation to benefit 19 non-profit organizations.
Over the past 28 years, from 1990 to 2017, total funds distributed directly from the Christen Hohm Lusk Greater Huron Area Foundation have amounted to over $1,690,500, benefitting over 110 organizations. The orignial investment in the Christen Hohm Lusk Greater Huron Area Foundation was slightly over $1,000,000. This is true testimony of how funds invested with the South Dakota Community Foundation can grow, with the earnings benefiting others into prepetuity, while still retainting and protecting the original investment.
ANGELINA DELLA ROCCO/PLAINSMAN
Recipients of the Paul and Carol Hohm Fund Awards include, from left, Charolette Henley, Red Cross; Tom Smotherman, Boy Scouts; Howard Alter, Salvation Army; Ralph Borkowski, United Way; Dan Wehde, Huron Hockey; Dr. Robert Hohm; Tom Myers, United Way; Karla Wiegel, United Way; Marilyn Hoyt; Annaliese Schmitt, Girl Scouts; Darielle Schmitt, Girl Scouts; Rachel Jarrell, Pyle House; Kim Tschetter, Violet Tschetter Memorial Home; Brian Held; James Valley School and Shelly Buddenhagen, Hohm Courts.
From left, are Georgia Langbehn and Brad Peterman with the Center for Independence, Muffy Christen and Jim Hofer of the Senior Center.
From left, are Huron Baseball Association’s Chuck DeJean, Dayhon Huber, Muffy Christen and Bryce Steffen.
Accepting the BelieveFest grant, from left are Marilyn Hoyt, Laura Hemenway, Deb Eilers and Muffy Christen.
From left, are Joanne Groves of Salvation Army, Marilyn Hoyt, Stephanie Taylor and Ryan Maxted of United way, Muffy Christen and George Kuhler of the First United Methodist Church Foundation. At right: From left, are Marilyn Hoyt, Annaliese Schmitt and Darielle Schmitt, representing Girl Scouts, Muffy Christen and Tom Smotherman of Boy Scouts.
