GreatAmerica Financial Services announced its Employee Advised Fund has distributed $250,000 to nonprofits in Eastern Iowa as part of its fall 2024 giving cycle. According to a news release from GreatAmerica, the fund is a component of the company’s “GreatAmerica Gives Back” initiative, which includes time, talent, and financial contributions from both the company and its employees.
The $250,000 distribution marks the second giving cycle of 2024, bringing the company’s total charitable contributions for the year to over $1.1 million.
GreatAmerica employees make giving decisions through the Employee Advised Fund, which votes on applications from nonprofits.
In addition to the Employee Advised Fund, GreatAmerica awarded over $600,000 from its Donor Advised Fund within the last year, benefitting Cedar Rapids and neighboring communities, the release states.
“It is heartwarming to see the commitment our team members have for the nonprofits in our community,” stated GreatAmerica CEO Martin Golobic in the release. “The Employee Advised Fund is a special component of our overarching GreatAmerica Gives Back initiative, and we are passionate about demonstrating our care for our community.”
This year, 14 nonprofits were selected from 28 applicants to receive grants ranging from $4,000 to $25,000. The grants focus on health and human services, arts and culture, environmental efforts, and public projects.
Recipients include:
- The Boys & Girls Clubs of the Corridor
- Bridgehaven Pregnancy Center
- Chelsey’s Dream Foundation
- Clothe-A-Child
- Community Health Free Clinic
- Eastern Iowa Health Center
- Horizons – A Family Service Alliance
- Linn County Trails Association
- Matthew 25
- Miracles in Motion Therapeutic Equestrian Center
- No Foot Too Small
- North Liberty Community Pantry
- Planned Parenthood of the Heartland
- Waypoint
The Employee Advised Fund was established in 2022 and has completed four giving cycles to date. Applications for the next cycle will open this spring. As stated in the release, nonprofits with 501(c)(3) status must secure sponsorship from a GreatAmerica employee to apply.
