Accelerator Grants (Organizations)
Funding Amount
20% match on future gifts up to $500,000
Deadline
Rolling / Open
Grant Type
foundation
Overview
Accelerator Grants for Organizations
Funder: Lutheran Legacy Foundation Inc (IL, US)
Purpose: Reward growing endowments by matching additional fundraising efforts after initial startup phase, helping established funds reach new milestones faster.
Geographic Scope: Lutheran churches, schools, and organizations
Award Amount: 20% match on all additional gifts (after startup phase) up to $500,000 in contributions
Key Features:
Eligibility:
What They Fund:
Contact Information:
Background:
Lutheran Legacy Foundation has seen firsthand how matching grants help ministries at different stages of endowment development. The accelerator grant addresses the natural plateau that occurs after initial enthusiasm by rewarding continued fundraising efforts. LLF manages over $80 million in assets with 250+ active organization funds.
How to Apply
Application Process
1. Eligibility Confirmation
- Confirm your organization has an established endowment fund with LLF
- Verify you are eligible for accelerator grants (not received Founding Legacy Match)
2. Fundraising & Gift Submission
- Conduct fundraising efforts for additional endowment gifts
- Submit gifts to LLF
- LLF automatically applies 20% accelerator match to eligible gifts
3. Growth & Distribution
- Accelerated fund grows with matched funds
- Organization receives annual distributions from growing endowment
- Focus on reaching critical mass milestones (e.g., growing from $50,000 to $100,000)
- Tell stories about what the endowment will fund
- Make it easy to give: offer multiple contribution methods (cash, appreciated stock, IRA distributions, memorials, planned gifts)
- Celebrate progress publicly and regularly update donors
- Think beyond initial startup—accelerator grants continue indefinitely (up to $500,000 in contributions)
Strategies to Maximize Accelerator Grants:
- If unsure whether your organization qualifies, LLF is happy to walk you through the process
Notes:
Focus Areas & Funding Uses
Fields of Work
Categories
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