The Carroll H. Starr Endowment Challenge is an opportunity for nonprofits in Boone, Ogle, Stephenson, and Winnebago counties to build a permanent endowment at the Community Foundation of Northern Illinois.
Donor Name: Community Foundation of Northern Illinois
State: Illinois
County: Selected Counties
Type of Grant: Challenge
Deadline (mm/dd/yyyy): 06/30/2022
Grant Size: $15,000 and $90,000
Grant Duration: 17 months
Details:
Key benefits of building an endowment with the Community Foundation of Northern Illinois include:
- A perpetual source of income
- Funding that can be spent in any way you chose to benefit your organization, such as salaries, operating expenses, and other hard-to-fund items
- Proven investment performance; Funds are commingled to achieve broader diversification while minimizing risk
Funding Information
- Participants select an amount they will raise, between $15,000 and $90,000, and have 17 months to meet their goal.
Eligibility Criteria
To be eligible to participate in the Carroll H. Starr Endowment Challenge X, an applicant must be a 5o1(c)(3) nonprofit organization operating within Boone, Ogle, Stephenson or Winnebago County.
For more information, visit Community Foundation of Northern Illinois.