Grow II Challenge

KHF GROW II

The Heartland Community Foundation has been accepted to receive a $500,000 matching grant from the second chapter of the Kansas Health Foundation’s Giving Resources to our World (GROW II) Healthy Kansas Initiative. Over the course of six years, new endowed gifts will be matched using a two-tiered ratio. Some gifts are matched at the rate of 1-to-2, or $1 match for every $2 of new gifts, and some gifts are matched at the rate of 1-to-4, or $1 match for every $4 of new gifts.

By creating GROW II, the Kansas Health Foundation hopes to achieve two specific goals 1) to help more Kansas community foundations build permanent resources that will measurably improve the health of local residents and 2) to support collaboration and alliances among community foundations to ensure a well-managed and self-sufficient community foundation field in Kansas.

What are the matching rates?
Any endowed gift to the Heartland Area Action Fund, Heartland Healthy Living Fund, and the Heartland Administrative Fund will receive a 50% match. All other endowed gifts, with the exception of Scholarship funds, will receive a 25% match.

Where do the matching dollars go?
All matching money will be divided into two endowed funds created by the Kansas Health Foundation–the Kansas Health Foundation Fund for Heartland Community, a public health fund, and the Kansas Health Foundation Operating Fund for Heartland Community, an administrative fund.

How long does the Foundation have to raise the match?
Heartland Community Foundation has six years, or until the end of 2015 to earn the $500,000 matching grant.

What kind of impact will this mean for our community?
If the challenge is successful, more than $2 million in new endowed money will be invested in the Heartland area to stay in Ellis, Rooks and Trego Counties to benefit the needs of current and future generations. For a population of about 30,000 people, that will make quite an impact!

For more information about the GROW II challenge, visit the Kansas Health Foundation’s website.