Grants are made by the Foundation to non-profit organizations that qualify under the regulations of the IRS. There are three types:
Board Directed Grants: in which earnings from undesignated endowment and “pass-through” gifts are distributed by the Board based on careful evaluation of proposals which emerge from widely publicized solicitations and clearly defined selection procedures.
Impact Grant can play a key role in providing significant funding to projects that strengthen Pella by addressing major initiatives and promising opportunities. This grant seeks to create a meaningful impact around community issues.
Donor Advised Fund Grants: made from funds which a donor contributes and then recommends grants over time for funding by the Foundation. The Donor Advised Fund(s) listed below provides interested organizations with grant application information.
Designated Grants: in which income from gifts and endowment investments is allocated to a particular organization or field of interest as identified by the donor.