IGA Members Build Iowa's Communities Through Philanthropy
All of Iowa's 99 counties benefit from commercial casino gaming revenue.
The Iowa Gaming Association, in conjunction with the Iowa Council of Foundations, has released its annual joint report that showcases the grants awarded in the Community Endowment Program created by the Iowa legislature eight years ago and funded by gaming tax revenue. There are two important sections in this year's report:
County Endowment Fund Program: In 2005, the Iowa legislature created this visionary program; its legacy of philanthropic leadership has positively influenced Iowans in every county in innumerable ways. This year's report shows $8.2 million was awarded to many worthy charitable needs through 2,144 grants in the 85 counties that don't have a casino license. These funds benefited organizations across a wide spectrum, including community betterment, rural and wildlife preservation, arts and humanities, education and more. Since the fund's inception, more than $54 million has been awarded to these counties.
Nonprofit License Sponsors: For the 14 counties with a casino license that provide gaming revenue dollars to their respective qualified sponsoring organization, the report touts that they collectively awarded nearly $80 million in grants to more than 1,200 organizations last year.
The IGA applauds the program's success with the breadth of impressive philanthropic involvement in each county that impacts virtually every citizen in so many positive ways. Thanks to the legislature for using the casino's gaming tax revenue in such a proactive way to benefit so many Iowans.
Read the full report here, and learn more about IGA members reinvesting in Iowa here.