Iowas County Endowment Fund Program will fund $97,000 in grants for Allamakee County nonprofits

From county to county, philanthropy is shaping the future of Iowa through annual endowment payouts and grants.

Throughout the state, community foundations are celebrating more than ten years of the County Endowment Fund Program. This initiative, unique to Iowa, makes grants to create a strong community foundation infrastructure in 84 counties like Allamakee that do not hold state-issued gaming licenses. 

The program was created by the Iowa Legislature in 2004 and is funded through a percentage of state gaming revenues.

“These programs provide essential dollars for our community,” said Foundation Coordinator Betty Steege. “Paired with the generosity of caring donors and the support of local leaders, the County Endowment Fund Program helps us shape a strong future for tomorrow.” 

Each year, the Allamakee County Community Foundation (ACCF) receives funds from the County Endowment Fund Program. The ACCF grants out 75 percent of these funds and invests the remaining 25 percent in a permanent endowment that generates interest to be distributed in future years. This year, these dollars will support over $97,000 in grants to local nonprofit organizations in Allamakee County. These grants annually support causes ranging from schools, churches, libraries, butterfly trails, and Boy Scout Camps. 

Starting December 1, eligible Allamakee County nonprofits can apply for 2017 funding. Applicants must be a 501(c)(3) nonprofit organization, church, school or government. Other nonprofits with charitable projects may also qualify but must partner with a qualified application that will serve as a fiscal sponsor. The maximum application request is $20,000. Guidelines and the application are available at the Foundation’s website www.dbqfoundation.org/accf. The applications will begin December 1 and will be due January 31 at midnight. 

For more information, call 563.586.2046 or visit www.dbqfoundation.org/accf.