ALM Community Foundation awards grants

Letcher, Mt. Vernon receive grant money

The ALM (Artesian, Letcher, Mt. Vernon) Community Foundation Board of Directors met recently to award its semi-annual grants.
The following distributions were approved: Letcher Community Development Foundation for $289.38 for new Rossy Park sign posts, and the Mt. Vernon Fire Department for $902.00 towards a new grain entrapment rescue tube.
The ALM Community Foundation is an organization formed to attract and distribute gifts of capital for community betterment. It was initially funded by CorTrust Bank with a match from the South Dakota Community Foundation for the benefit of the Artesian, Letcher and Mt. Vernon communities.
The first grants were awarded in August 2000. Grant applications are considered based on several factors, including the potential benefit of the proposed project to the particular population to be served and to the community as a whole. The ALM Community Foundation has awarded over $93,500 since its inception.
The ALM Community Foundation encourages and welcomes donations, memorial gifts, bequests and gifts of capital. The income generated from investment of these funds is then made available for grants. Donors may restrict their gifts to certain types of grants or to certain communities, or they may designate them as unrestricted.
The ALM Community Foundation is managed by a Board of Directors that consists of people from the Artesian, Letcher and Mt. Vernon communities, as well as CorTrust Bank. The current members of the Board of Directors are Jeff Ebersdorfer and Bev Morris of Artesian, Lori Kluth and Cheryl Hohbach of Mt. Vernon, Sherri Stekl and Ray Sundstrom of Letcher, and Liz Hoffman, Barb Metzinger and Don Threadgold from CorTrust Bank.
The Board meets twice a year to review grant applications. The next grant application deadline is Feb. 15, 2013. Applications and more information can be obtained from the CorTrust Banks in Artesian, Letcher and Mt. Vernon.

Comments are closed.

  • Weather

    Woonsocket
    May 27, 2022, 10:26 am
    Sunny
    70°F
    real feel: 80°F
    humidity: 44%
    wind speed: 2 mph NE
    wind gusts: 4 mph
     
  • Upcoming Events

    May 2022
    Sunday Monday Tuesday Wednesday Thursday Friday Saturday
    May 1, 2022 May 2, 2022 May 3, 2022 May 4, 2022 May 5, 2022 May 6, 2022 May 7, 2022
    May 8, 2022 May 9, 2022 May 10, 2022 May 11, 2022 May 12, 2022 May 13, 2022 May 14, 2022
    May 15, 2022 May 16, 2022 May 17, 2022 May 18, 2022 May 19, 2022 May 20, 2022 May 21, 2022
    May 22, 2022 May 23, 2022 May 24, 2022 May 25, 2022 May 26, 2022 May 27, 2022 May 28, 2022
    May 29, 2022 May 30, 2022 May 31, 2022 June 1, 2022 June 2, 2022 June 3, 2022 June 4, 2022
  • Recent Posts

  • Contact Us

    Ph/Fax: 605.796.4221
    Email: swj4221@icloud.com

    PO BOX 218
    Woonsocket, SD 57385
  • Archives