SHAPING VOLGA
an initiative to sustain the community we share.
Volga has been approved for a $40,000 Small-Town Initiative Endowment Challenge Grant through the Community Foundation of Greater Dubuque.
This grant is funded by an anonymous donor who grew up in Eastern Iowa.
Volga is the tenth community to have successfully applied.
ABOUT SHAPING VOLGA
How it works
As a Leadership Team, we are challenged to raise $200K in local endowment dollars over three years. This will enable us to capture the $40,000 challenge grant and build a $240,000 endowment with an annual payment of $12,000 to better our community. The anonymous donor also awards our team $8,000 in cash for a project when we reach $80,000 in local dollars raised and $5,000 for another project when we have $120K raised.
its impact
Once funded, the Shaping Volga Leadership Team will make grants to jump start the brightest ideas for Volga's future. A preliminary survey points to Volga needing signage and bringing back our downtown as first projects. That focus can change over time based on community visions for Volga's future.
a perpetual investment
Shaping Volga willl be a permanent, annual source of cash to secure matching grants for signature improvements.