Teen Trust Grants
The Community Foundation of Northeast Iowa's Teen Trust program is a model for youth philanthropy. Each year, a diverse group of students from area high schools allocate $10,000 to 501(c)(3) non-profit agencies in Black Hawk County. Using a grant application system, site visits, and training seminars, the Trustees work as a team to decide which organizations to assist through financial aid or volunteerism.
Deadline
All grant applications must be postmarked by December 12.
Criteria
If applicable to your project, please use the following in your application:
- The Black Hawk County Comprehensive Plan for Youth, developed by Cedar Valley’s Promise
- The 40 Developmental Assets, created by the Search Institute of Minneapolis, MN
The following are important in this screening and recommendation process:
- Applicant organizations must be tax-exempt, non-profit entities classified by IRS as 501(c)(3) organizations.
- Requests should be for one year only, as the Board favors keeping income from the endowment unencumbered for subsequent grant making cycles. Additionally, only one application should be submitted per organization.
- If awarded, grants given for support of programs of non-profit agencies must be expended within Black Hawk County. Thus, applicant agencies ought not request grants when a portion of which would be sent out of the county or state to pay administrative or other fees of a parent organization.
- There is no set of criteria that, if met, will guarantee funding.
Procedures
Applicants are required to include the following with their application:
- A financial statement for the sponsoring organization.
- A detailed summary of the project budget including all projected sources of funding.
- A copy of the organization’s 501(c)(3) determination letter.
- Any additional information that would help the decision making process.
Applicants may contact the
Teen Trust Director with any questions or concerns.