Lyon County Riverboat Foundation Awards $478,197.83 in Competitive Grants

Date posted - February 6, 2014

Larchwood, Iowa — The Lyon County Riverboat Foundation (LCRF) is pleased to announce 12 grant applications out of 22 applications received funding. This is the 6th semi-annual awarding of Competitive Grants. Total amount of dollars awarded this go-around was $478,197.83. Previously committed multi-cycle grants total $249,646. They include: Inwood aquatic Center (5th cycle of 20 @$37,500), Little Rock Fire Dept. (truck 2nd cycle of 2 @ $30,000), Kids Club of Rock Rapids (building 3rd cycle of 20 @ $37,500), City of Lester (Community Center 2nd cycle of 4 @ $36,500), Inwood Fire/Rescue ( grass rig 4th cycle of 4 @ $17,029.75), Lester Fire Dept. (truck 5th cycle of 6 @ $16,666.66), Larch-Sioux Fire District (new station 3rd cycle of 5 @ $33,200), Fellowship Village (new addition 2nd cycle of 10 @ $25,000) and City of Little Rock (City Hall Renovation 2nd of 10 @ $16,250). The LCRF currently has 9 multi-cycle competitive grants.

The LCRF Board of Directors made the decision on grant awards at it’s January 2014 board meeting . LCRF Board President, Jeff Gallagher will announce the award winners at the Semi-annual Competitive Awards Banquet tonight (February 6, 2014) at the Grand Falls Casino and Resort near Larchwood. Twelve Applications will receive funding for the Spring 2014 cycle. They include Iowa DNR (Project Aware @$5,000), Food Bank of Siouxland (Mobile Pantry @ $10,000), GFWC/City of Doon (Message Board @ $8,497), Inwood Fire/Rescue ( Turn out gear @ $34,120.17), Lyon County Ambulance ( Equipment Upgrade @ $5,244), City of Rock Rapids (Store Front Incentive phase ll @ $15,000), Lyon County Emergency Management (Emergency 911/generators @ $29,650), Rapids Theatre (Restoration @ $17,226.56), Lyon County Conservation Foundation (Honey @ $1140.10), Lyon County Sheriff’s Dept. (Patrol Car Cameras @42,677), George-Little Rock CSD (Fire detection/sprinkler @ $55,242) and Lyon County Conservation (Radio Update @ $4,725).

Since inception in July of 2011, the LCRF has handed out 129 competitive grants totaling over $2,500,000. The Lyon County Riverboat Foundation sets aside 50% of the net receipts for the competitive grant program. The remaining 50 % is divided into municipal/city, school and county fund with ½ of those funds earmarked for cities/county program and the other ½ distributed equally to the public schools of Lyon County.

The next competitive grant applications are due September 9, 2014 by 2:00pm to the LCRF office. Letters of intent to apply for September can be submitted any time before September 1st 2014. Application and letter of intent can be found on the Lyon County Riverboat Foundation web site.

The LCRF is a non-profit license holder for the Grand Falls Casino and Resort, which provides all the funding. The LCRF can be contacted at (712-477-0111), or by email at lcrfoundation@premieronline.net.

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