Groswold Endowment Fund, of the Grand Foundation
Sustaining the Grand Foundation
The Groswold Endowment Fund was the wish of our Founder, Jerry Groswold. His desire for this fund was to continue the tradition of the Grand Foundation by investing in our community and its nonprofits. This can ensure future sustainability of the Grand Foundation and our commitment of investment.
Our Goal: In 2016, Jerry Groswold left a matching challenge bequest of $250,000 to support an Endowment Fund. Our goal was to raise a minimum of $250,000 as matching monies to sustain the Grand Foundation for future generations. We raised $750,000, giving our endowment balance $1Million. We will continute to build this fund so that we can continue and hopefully exceed the level of support the foundation gives back to the community.
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