- Grants are made only to organizations that are tax-exempt under section 501(a) of the Internal Revenue Code (IRC) as described in IRC 501(c)(3) and not classified as private foundations under section 509(a) of the code, or a government entity.
- The foundation’s primary geographic focus is north central Iowa, with a majority of grants given to organizations located in Forest City.
- The foundation is especially interested in having applicants solicit dollar-for-dollar matching funds or propose the foundation’s partial support as incentive for developing additional ways to raise money for a particular project.
- The foundation will entertain requests that lie beyond our funding areas provided they fulfill our vision to strengthen communities.
The foundation board will review applications and take into consideration the following criteria:
The significance of the proposed project to the foundation’s mission.
The applicant organization’s staff and ability to achieve the desired results.
The maintenance of the proposed project without ongoing long-term financial commitments from the Foundation.