Dyersville Area Community Foundation announces $76,950 in community support

The Dyersville Area Community Foundation will distribute up to $76,950 this year from endowment funds held for the benefit of local nonprofits and charitable groups working to improve quality of life in the Dyersville area. 

“Endowments provide a sustainable source of funding that allows organizations to realize their missions and embark on successful initiatives to meet local needs,” said Michelle Grover, executive director. “We partner with donors and nonprofits to transform generosity into actions that improve quality of life for everyone in our community.” 

Community foundations are forever: Endowment funds held by the Dyersville Area Community Foundation are invested permanently, and the earnings from that investment provide annual funding to address the Dyersville area’s greatest challenges for generations to come. Nonprofit leaders look to the Foundation to hold their organizations’ endowments because the reliable source of annual funding helps them respond to emerging needs, sustain the good work they do, and plan for the future.

The Foundation leverages its own endowment in the same way. "We appreciate and count on the annual payout from our endowment to help fund grants to schools and nonprofits,” said Sheila Tegeler, Foundation chair. 

In 2020, the Foundation awarded $22,996 to local nonprofits through its competitive grant cycle. Nonprofits and community members can create endowment funds at the Foundation to benefit charitable causes, or make donations to existing funds. Gifts of all sizes make a difference, and those who give $50 or more to an endowment fund at the Foundation are eligible for the generous Endow Iowa 25% state tax credit. Learn more and see a full list of options for charitable giving at dbqfoundation.org/dacf. 

“Endowment funds offer a tangible option for families and community members to make an impact in their communities,” said Grover. “Thanks to generous donors and committed nonprofits, we are able to continue to provide this necessary support for the future of our communities.” 

For more information, visit dbqfoundation.org/dacf.