Competitive Donor-Advised Funds - Diamond V Grant

Greater Cedar Rapids Community Foundation 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.

Funder Greater Cedar Rapids Community Foundation
Grant Amount Approximately US $7,500
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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.

This is an active grant from Greater Cedar Rapids Community Foundation.

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990 Snapshot

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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)
    • Conferences
    • Travel expenses
    • Religious organizations for religious purposes

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This page was last reviewed November 29, 2025 and last updated November 29, 2025

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