IOWA GAMING ASSOCIATION
"Building Iowa's Communities Through Philanthropy" Annual Grant Report Released
The Iowa Council of Foundations (ICoF) and the Iowa Gaming Association (IGA) are releasing their joint annual report to the legislature and many other key stakeholders this week. It is entitled "Building Iowa's Communities Through Philanthropy: A Snapshot of the 2012-2013 County Endowment Fund Program and Grants Made by Casino Nonprofit Organizations."
Now in its eighth year, the County Endowment Fund Program was created by an initiative of the Iowa legislature to utilize a percentage of Iowa's commercial casinos' gaming tax revenues. It creates a strong community foundation infrastructure in the 85 counties that do not hold a state-issued gaming license. Since the 2005 inception 15,984 grants have been awarded totaling over $54 million.
This annual report provides an overview of the Endowment Program and features a county-by-county listing of each grant that was awarded in 2013, plus general characteristics for each of the community foundations involved. Information highlighted was compiled based on reports submitted to the ICoF and the Iowa Economic Development Authority by the community foundations (beginning in August 2013).
New this year, the report also features a review of the grant making by each of the non-profit license sponsors located in the 14 counties with a casino.
"Collectively, the support for these many charitable projects happening across Iowa nurtures philanthropic partnerships between organizations, individuals, and communities for the good of our state;" says Laura Sauser, President of the ICoF. "While there is a diverse range of focus areas; the shared vision is around making Iowa a great place to live, work, raise a family and retire."
Wes Ehrecke, President and CEO of the IGA, added; "To see the breadth of philanthropic involvement in each county impacting virtually every citizen in so many positive ways is very impressive. We should all be grateful to the legislature for using the casino's gaming tax revenue in such a proactive way to benefit so many Iowans."
Key Highlights from the 2012-2013 report include:
County Endowment Fund Program
* 2,144: Number of grants distributed by participating community foundations
* $8,279,041: Total amount in grant funds awarded from the program across the 85 counties
Non-Profit License Sponsors
* Nearly $80 million in grants awarded in 2013 to more than 1200 organizations.
The publication is available for download on the ICoF's website for Community Foundations (http://www.IowaCommunityFoundations.org) and the Iowa Gaming Association's site (http://www.iowagaming.org).
Members of the media are also encouraged to contact their local community foundation (http://www.iowacommunityfoundations.org/find-your-local-community-foundation.aspx) to learn more about the impact of their community foundation and the County Endowment Fund Program.
Contact and additional grant information for the casino non-profit license sponsors can be found on the IGA website at this link: http://www.iowagaming.org/members/license_holders.aspx
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Iowa Council of Foundations
President and CEO
Iowa Gaming Association
515-267-9200 or 515-229-5056 (cell)