Endowment Challenge Grants Awarded

Published: March 26, 2024 | By: Greater Cedar Rapids Community Foundation | Category:

In the final grant cycle of 2023, Endowment Challenge Grants were awarded to the Cedar Rapids Freedom Festival, Indian Creek Nature Center, and Orchestra Iowa. The award provides a 1:3 matching grant of up to $25,000 to establish and build endowed funds at the Community Foundation. The organizations have five years to meet the match.

Nonprofit endowment funds invest in the mission and the future of nonprofits by providing general operating support, stability during cyclical income variances, and income for areas of high importance to the organization. Other active Endowment Challenge Grants include Red Cedar Chamber Music, African American Museum of Iowa, Area Substance Abuse Council, Iowa Human Alliance, and NewBo City Market.

Gifts can be made to any of these organizations by visiting the Nonprofit Giving Center.

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