Biz ‘Bite:’ Applications open for Lewis-Clark Valley Healthcare Foundations Impact Grant

IBR Staff//June 6, 2022//

Biz ‘Bite:’ Applications open for Lewis-Clark Valley Healthcare Foundations Impact Grant

IBR Staff//June 6, 2022//

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The Lewis-Clark Valley Healthcare Foundation has opened its large Impact Grant application period. Large Impact Grants are intended for requests of $25,000 to $100,000 that “demonstrate a commitment to long-term vision and projects that address the root causes that affect health, improve wellness and help prevent disease,” the announcement stated. Grant applications can be for capital expenditures or operating expenses as well as for existing or new programs that are within the nine-county area. The large Impact Grant application will be available on the foundation’s website through July 31.

Starting in August, community advisors to the foundation will review the Impact Grant applications and make grant award recommendations to the trustee. Idaho Trust Bank administers the Foundation as its Trustee. Organizations will then be notified that are selected for funding prior to Nov. 15.

The Lewis-Clark Valley Healthcare Foundation was established in 2017 by Idaho Attorney General Lawrence Wasden as part of the sale of St. Joseph Regional Medical Center by Ascension Health to RCCH Healthcare Partners, according to the announcement. Those eligible to apply for grants are nonprofit tax-exempt organizations with 501(c)(3) classification from the IRS, and governmental entities or government or public organizations described in I.R.C. § 170(c)(1) (political subdivisions of a state or federal government) or I.R.C. § 511(a)(2)(B) (state colleges and universities), even if it is not described in I.R.C. § 501(c)(3), provided that any grant to such governmental or public organization must be made exclusively for charitable purposes as described in I.R.C. § 170(c)(2)(B), subject to any additional limitations under 26 C.F.R. § 53.4945-5(a)(4), or corresponding provisions of any subsequent Federal tax laws. In 2021, the foundation awarded $620,950 to 10 area nonprofit agencies.

 


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