Competitive Donor-Advised Funds - Diamond V Grant

Competitive Donor-Advised Funds - Diamond V Grant

Status: ACTIVE
Funder: Greater Cedar Rapids Community Foundation
Amount: Approximately US $7,500
Last Updated: November 29, 2025

Summary

The Greater Cedar Rapids Community Foundation offers the Competitive Donor-Advised Funds - Diamond V Grant to enhance the quality of life in Linn County, Iowa. This grant supports nonprofit organizations and governmental entities focusing on health-related programs and capital needs. With an average award of $7,500 over a 12-month duration, eligible applicants must have 501(c)(3) status or secure a fiscal sponsor. Funding priorities vary based on donor advisors.

Overview

The Greater Cedar Rapids Community Foundation improves the quality of life in Linn County, Iowa by partnering with donors, funders, and other community collaborators to achieve high impact philanthropy; supporting nonprofit organizations that address our community’s needs and opportunities; and convening people to learn, share ideas, and develop solutions for the future. The Community Foundation is a public, nonprofit organization with over $223 million in assets and over 1,000 different charitable funds. Competitive Donor-Advised Funds The Greater Cedar Rapids Community Foundation accepts grant applications for a number of local corporations and family foundations. Funding priorities are determined by each donor advisor and may include programmatic or operating support, capital campaigns, event sponsorships, and religious activities. Diamond V Eligible Categories: Program or Capital Priorities: Health-related activities Duration of Grant is 12 months. Average Award is $7,500.

Eligibility

You can learn more about this opportunity by visiting the funder's website. The Community Foundation accepts applications from nonprofit organizations with a 501(c)(3) status, governmental organizations, and non-501(c)(3) organizations that have completed arrangements to obtain a fiscal sponsor.Typically, organizations may receive one grant from each competitive donor-advised fund in a 12-month period, however, there are exceptions.

Ineligibility

Under federal legislation, donor-advisors may not receive tangible benefit, goods or services as a result of a grant from their fund. This includes membership, dinners, tickets and other benefits.Ineligible:Fundraisers/sponsorships (instead, consider applying for a program for which you are raising funds)ConferencesTravel expensesReligious organizations for religious purposes