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Paul and Muffy Christen made a $20 million bequest to the South Dakota Community Foundation, which will provide the nonprofit agency with an estimated $562,000 per year in interest earnings to give to charities statewide.
The donation takes three parts. A quarter of it will be a donation to the South Dakota Fund, which makes unrestricted donations throughout the state. That $5 million grant is a "challenge grant," taking effect only when the foundation raises another $5 million to match it, for a total increase of $10 million.
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