IGA and Iowa Council of Foundations Release Annual Grant Report
The collaborative report is a snapshot of the 2013-2014 County Endowment Fund Program and grants made by casino nonprofit organizations.
The Iowa Gaming Association, in partnership with the Iowa Council of Foundations, released the annual grant report titled "Building Iowa's Communities Through Philanthropy."
This annual report provides an overview of the County Endowment Fund Program, now in its ninth year, and features a county-by-county listing of each grant that was awarded in 2013-2014, plus general characteristics for each of the county community foundations involved.
All over the state communities benefit from the funds generated by commercial gaming tax revenue. Here are some key takeaways from this year's report:
This report continues to showcase the 18 commercial casinos’ proactive involvement in the betterment of our state and encourages everyone to be a catalyst for philanthropic partnerships. Since the 2005 inception of the County Endowment Fund Program, nearly $63 million has been awarded to over 18,000 projects and programs around the state. This unique Iowa legislative innovation to utilize gaming tax revenue ensures that citizens in every county across the state benefit from commercial gaming and helps to keep Iowa an ideal place to live, work and raise a family!
- 2,215 grants totaling $8.7 million awarded to programs in the 85 nongaming counties through the County Endowment Fund Program
- More than $46 million in grants awarded to more than 1,200 organizations through the casinos' 15 nonprofit license sponsors