Endowments make $100,000 available in Dyersville area
Local organizations are poised to receive endowment payouts this spring through the Dyersville Area Community Foundation, which announced a $100,710 payout from its family of funds this year.
Local generosity makes this possible, and the Community Foundation is the steward of these gifts from community members. Endowment funds held by the Foundation are invested permanently, and the earnings from that investment provide annual funding to address our county’s greatest needs for generations to come.
“The Foundation is here for the Dyersville area now and forever, and the organizations receiving these payouts are our partners. They help us understand the needs of our communities and drive lasting change to ensure all people can thrive,” says Michelle Grover, executive director. “Endowments provide a sustainable source of funding that allows organizations to realize their missions, embark on new initiatives to meet local needs, and do their best work to support communities.”
In the Dyersville area, endowment payouts help address people’s basic needs, such as education, food and health care. They also support local institutions like emergency services departments, churches and cemeteries, as well as and community vitality initiatives like historic preservation and outdoor recreation.
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 before June 1, 2023, 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.