BOONE, Iowa—The Boone County Community Foundation Board has awarded $173,220 to 31 local organizations. These grant funds are anticipated to leverage another $8,771,669 in total project spending.
The 31 grant recipients were announced on April 20. “We received 36 grant applications requesting $303,946. Our wishes are to grow the endowment resources as there are so many needy and worthwhile projects throughout the county,” according to Nick Lentz, Chair of the Community Foundation Board.
This was the eighteenth time that the Boone County Community Foundation has engaged in grantmaking. The first awards were made in 2006 where 10 grants were awarded totaling $42,883. To date, $1,928,123 has been distributed in Boone County from the BCCF utilizing our granting process. The Endowment receives funds annually from the County Endowment Fund legislation. Starting in 2016, Boone County is also the recipient of funds from Grow Greene County, a philanthropic associate of the Wild Rose Casino in Jefferson.
The Boone County Community Foundation Board was organized by representatives from throughout Boone County. “Our mission involves helping the communities and non-profit organizations of the county,” said Lentz. “We want to partner with communities and non-profit organizations to help them with programs and projects that might otherwise not be available to the individuals, families and visitors to our county.”
As an affiliate Foundation, the Boone County Community Foundation can assist donors who wish to make outright and testamentary gifts of support to our Foundation or other charitable organizations in the county. “It is possible for local charitable organizations to establish their own funds and benefit from special tax credits and the professional expertise and investment management we help provide,” said Lentz. There are currently 39 funds established.
About the Author
