Nelson: Grants available
Sue Nelson, chair of the Emmet County Community Foundation, told the Armstrong City Council Tuesday about how the foundation could help with nonprofit projects in the city of Armstrong.
So far, the foundation has awarded grants to the Armstrong Historical Society, Community Center and the pool project. Nelson said $90,000 is available countywide for awards for 2009. In addition, the permanent endowment has been built to the point that $2,200 in grants can be given from that fund. The Emmet County Community Foundation operates under auspices of the Waterloo Community Foundation. Nelson gave the council a list of grants given statewide as well as in the county.
In 2006 the Emmet County Community Foundation awarded 23 grants totalling $46,570. There were 18 awards totalling $50,000 in 2007 and 14 totalling $57,000 in 2008. To date, the local foundation has reviewed 85 grant applications totalling $436,000.
Foundation funds come from an assessment on casinos and those funds are then distributed to counties without gaming facilities. A portion of the awards given each year goes into each local foundation’s permanent endowment. To date, the county has received $340,000 for grant awards and the permanent endowment program. Nelson noted that under the Endow Iowa program, donors get a 20 percent tax credit in addition to their regular tax credit.
“We really want organizations and communities to start thinking about this grant process now,” Nelson said.
Nelson said the next grant cycle starts Jan. 1 with grant applications due March 1.
For further information or grant applications, contact .