CHALLENGE GRANTS
A challenge grant is an award made to an organization and/or community
contingent upon matching funds being raised usually within a specified
period of time. Commonly these grants require raising two or three
dollars for each grant dollar awarded.
Community Fund Challenge Grant Program
As the name implies, the Community Fund Challenge Grant Program
is a program to challenge rural communities to establish their
own permanent community assets. The challenge will come in the
form of a grant from the Foundation made available to select communities
that raise new permanent endowment. The goal of the Community
Fund Challenge Grant Program is to ensure that rural areas have
permanent resources to address local challenges and opportunities.
Established and supported by local individuals, businesses, and
organizations, these community savings accounts will become a
source of capital to strengthen the community for generations
to come.
Agency Endowment Challenge Grant Program
The Agency Endowment Challenge Grant Program is a competitive
program to match funds of nonprofit service agencies that establish
endowments within the Foundation. The goals of the program are
to assist agencies in building stable endowment funds, and to
assist STWDF in building its asset base.