Over $450,000 In Grants Given By Riverboat Foundation

Grand Falls RouletteLarchwood, Iowa — Over $450,000 was given to non-profits and government groups on Tuesday night by the Lyon County Riverboat Foundation.

The competitive grants are announced twice a year, in February and October.

Foundation officials say they gave 22 grants totaling $463,425.36 for their Spring 2017 Competitive Grants program. They say that seven of these grants were to projects to which they committed funding in previous grant cycles. Those grants totaled $204,450. Fifteen new grants were given, totaling $258,975.36.

The new grants ranged from nearly $78,000 toward field lighting for the Larchwood Baseball Club to a little over $1,200 toward first aid kits for the Lyon County Sheriff’s Office.

Other grants went to the cities of Rock Rapids and Lester for generators; to the City of George for a pool playground project; to the Lyon County Fair Association toward a grandstand project; to the Food Bank of Siouxland toward their mobile food pantry; to Central Lyon Schools toward the purchase of drums; to the Rock Rapids Congregational Church toward a cooling project; to Lyon County Conservation for a 3D archery project; to the Little Rock Town and Country Club toward a ball field update; to Iowa State University Extension and Outreach – Lyon County toward DASH coding robots; to the George American Legion Post 404 toward an Avenue of Flags update; and to the City of Rock Rapids toward pool safety training equipment.

The foundation also gave $10,000 to the G.I.V.E. Foundation, which, according to their web site, is a non-for-profit organization to provide a structured golf program for injured Veterans. The Grand Falls Casino & Golf Resort is working with the Sioux Falls VA and the Area PGA (the Professional Golf Association) with this program.

The Lyon County Riverboat Foundation is the non-profit license holder for the Grand Falls Casino near Larchwood. State law mandates a certain percentage of the casino’s gaming take has to go back to the community. The agreement between the casino and the non-profit stipulates that for the first $20 million the casino collects in gambling winnings in a year, they will give the foundation 4.5 percent. When they get up to $20 million, the percentage goes up to 4.75 percent; and when they get up to $30 million, it goes to 5 percent. Half of the funds are given in this competitive grant process and the other half goes directly to the county’s cities, schools, and county government.

Entity Project   Grant
Larchwood Baseball Club Field Lights $77,960.00
City of Rock Rapids Standby Generator $75,334.00
City of Lester EM Back-up (gen) $22,807.87
City of George Pool Playground $18,572.00
Lyon County Fair Association Grandstand RR $14,832.41
G.I.V.E. Foundation 3rd Annual Charity Golf $10,000.00
Food Bank of Siouxland Mobile Food Pantry $10,000.00
Central Lyon CSD Drums $5,568.60
Congregational Church Cooling Project $5,000.00
Lyon County Conservation Foundation 3D archery $4,904.14
Little Rock Town and Country Club Ball Field Update $4,575.00
Lyon County Extension DASH Coding Robots $3,916.65
Am Legion Post #404 George Avenue of Flags Update $2,771.30
City of Rock Rapids Pool Safety $1,445.00
Lyon County Sheriff First Aid kits $1,288.39
Total: $258,975.36

UNPAID
Award Total   per   16-Mar 16-Sep BALANCE 17-Mar 17-Mar
Season Project Awarded Cycles Cycle as of 1.18.17
Sp 2012 Inwood Aquatic Center $750,000 20 $37,500 $37,500 $37,500 $375,000 $37,500 11 of 20
Sp 2013 Kids Club RR $750,000 20 $37,500 $37,500 $37,500 $450,000 $37,500 9 of 20
Sp 2013 Larch-Sioux Fire District $492,500 11 $33,200 $33,200 $33,200 $99,600 $33,200 9 of 11
Fa 2013 Fellowship Village $250,000 10 $25,000 $25,000 $25,000 $75,000 $25,000 El of 10
Fa 2013 City of LR $162,500 10 $16,250 $16,250 $16,250 $48,750 $16,250 8 of 10
Sp 2015 Doon VFD $262,899 10 $37,899 (1st) $25,000 $25,000 $150,000 $25,000 5 of 10
$25,000 (2-10)
Fa 2015 City Of RR
Flood Hazard Mitigation
$300,000 10 $30,000 $30,000 $30,000 $210,000 $30,000 4 of 10
$1,408,350
TOTALS $204,450

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