LEE COUNTY - The Lee County Charitable Fund is a permanent endowment fund of the Keokuk Area Community Foundation. Every year, The County Endowment Fund contributes to the Lee County Charitable Fund to support charitable projects in Lee County.
The County Endowment Fund Program was established in 2004 by the Iowa State Legislature in HF 2302. Through the County Endowment Fund Program, a percentage of the state’s gaming tax revenue is distributed to community foundations in the 84 counties that do not hold a state-issued gaming license. The community foundation organizations then grant 75 percent of those funds to charitable projects within their counties and place the remaining 25 percent in a permanent endowment fund, which is intended to attract other donations and provide a source of permanent funding for charitable projects within the county.
2021 Lee County Charitable Fund Grants
The Board of Directors of The Lee County Charitable Fund met last week to award grants to 17 Lee County Iowa501 C (3) exemptnon-profit organizationsand qualified government agencies. The Lee County Charitable Fund consists of board members from both the North Lee Community Foundation and the Keokuk Area Community Foundation. The directors of the Lee County Charitable Fundawarded17 Lee County nonprofit organizations grant funding. Grants were awarded to nonprofit organizations that promoted thefields of arts and culture, community betterment, education, health, and human services inLee County Iowa. $75,755.47was distributed to 17 Lee County nonprofit organizations.
Organization - Project:
Comments
No comments on this item Please log in to comment by clicking here