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Greater Grand Mound Community Impact Endowment
At a Glance
- Improving the Grand Mound community
- An on-going project.
About Us
This impact fund is a managed endowment fund focused on improving the Grand Mound community. This charitable fund is a permanent account whereby the earnings will be earmarked, dedicated and allocated each year. A committee will make an annual selection from the grant applications. The recipients of the grants will continue working on improvements for this community. The proceeds of the endowment fund earnings are to be allocated annually to an identified need within the greater Grand Mound Community. All residents of the community and the surrounding area are invited to send improvement ideas or needs to the co-chairs or committee investors. A decision will be made for the annual betterment project. By making a tax-deductible contribution to the fund, individuals or businesses will know they are touching lives and making the community stronger and more attractive. Those donors will benefit from the tax advantage of an arrangement with LincolnWay Community Foundation, which provides an Iowa tax credit of 25 percent.
Mission
A local, on-going, and managed endowment fund focused on improving the Grand Mound community.
Basic Information
Address
C/O First Trust Savings Bank 601 Smith St Grand Mound, IA 52751Director
Dennis Campbell or Don Kent
Director Email
donkentdepot@gmtel.netSuccess Story
In 2012, it was noted that we have received responses from 24 community businesses and individuals and we also received funds totaling over $17,000. We are proud to say that our fund has been able to grow and prosper since then.
Fund Details
Fund Name
Greater Grand Mound Community Impact Endowment
Year Founded
2016
Type of Fund
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Greater Grand Mound Community Impact Endowment