Geneseo Foundation Grant

The Geneseo Foundation Grant, established by George B. Dedrick in 1961, provides financial support to nonprofit organizations with 501(c)(3) status. The foundation aims to enhance the community of Geneseo, Illinois, by funding charitable, educational, and civic initiatives. Applications are reviewed monthly, with a commitment to allocate 5% of the foundation's annual market value. This grant serves as a vital resource for organizations that assist the sick, aged, and underprivileged, promoting both human knowledge and alleviating suffering.

Grant applications are reviewed monthly by the Foundation's Board of Managers. As required, the foundation pays out 5% of its market value on an annual basis. We welcome requests for assistance. Application deadlines are the first of every month.
The Wish
On June 20th, 1961, a wish was granted. George B. Dedrick left one million dollars of his estate to establish The Geneseo Foundation. His hope was that others would contribute funds to benefit the community of Geneseo and surrounding area in Illinois.
Mr. Dedrick believed that by reaching out to those in need, and by supporting the search for knowledge, The Geneseo Foundation could have a positive impact on the lives of citizens in Geneseo and the surrounding areas.
The wish would allow Geneseo to become an enlightened community; one that was genuinely concerned about the less fortunate. In the process, Geneseo would become a better place to live, work, and grow.
The Purpose
The Geneseo Foundation is based on very simple principles:

• For assisting charitable, benevolent, civic or educational institutions, whether support is in whole or in part, by private donations or by taxation.
• For the care of the sick, aged, handicapped, orphaned and helpless, and the care of needy men, women, and children.
• For promoting scientific or medical research for the advancement of human knowledge and the alleviation of human suffering, or the suffering of animals.

For such other civic or charitable purposes as the Board of Managers of The Geneseo Foundation may select from time to time, after determining that such purposes are within its province.
By establishing these principles, Mr. Dedrick was able to assure growth and vitality for future generations.

Eligibility

Eligible nonprofit organizations that have a tax-exempt status as a 501(c)(3) may apply.