The Endowment Challenge Fund is a matching grant supporting nonprofit organizations in building endowments in our community. Nonprofit endowment funds create sustainable funding for organizations. “There funds can help nonprofits by providing general operating support, stability during cyclical income variances, and income for areas of high importance to the organization,” says Rochelle Naylor, Program Officer at the Greater Cedar Rapids Community Foundation.
The Endowment Challenge Fund grant was implemented at the Community Foundation in 2012. It offers $25,000 in funding and five years for nonprofits to meet the match.
To date, eight area nonprofit organizations have completed Endowment Challenge Fund grants through the Community Foundation including: Discovery Living, Four Oaks Family and Children’s Services, Kids First Law Center, The Arc of East Central Iowa, Theatre Cedar Rapids, Brucemore, Indian Creek Nature Center, Willis Dady Emergency Center and United Way of East Central Iowa.
Five organizations currently have active Endowment Challenge Fund grants. The Community Foundation matches donations made to their endowment funds. To donate to a fund, click on one of the links below: