Iowas County Endowment Fund Program will fund $97,000 in grants for Delaware 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 Delaware 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 needed dollars for our community,” said Foundation Board Chair Jerry Burke. “Combined with the generosity of donors and the strong support of our local leaders, the County Endowment Fund Program helps us shape a foundation for the future.” 

Each year, the Foundation for the Future of Delaware County (FFDC) receives funds from the County Endowment Fund Program. The FFDC 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 Delaware County. These grants annually support causes ranging from schools, churches, libraries, butterfly trails, and Boy Scout Camps. 

Starting December 1, eligible Delaware 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 organization that will serve as a fiscal sponsor. Guidelines and the application are available at the Foundation’s websitewww.dbqfoundation.org/ffdc. 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/ffdc.