Illinois Foundation Adds Carroll S Grants

TheCommunity Foundation of Northern Illinoishas re-introduced the Carroll Starr Endowment Challenge Grants,WIFRreports. The grants will help the non-profit sector by creating self-sufficiency through permanent endowments to avoid crises from shortages and unforeseen financial situations.

The Community Foundation will pay $1, up to $50,000, for every $3 raised by chosen non-profits during the Challenge Grant duration. The program has been named after businessmanCarroll Starr, who served the trust until 1963. The first Carroll H Starr Challenge Grants were offered by the Community Foundation in 2001.

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