The Nashwauk Area Community Fund is a community-based fund that provides discretionary grants to projects and initiatives in the Nashwauk area to improve the quality of life for the people in the area. This fund provides grants to 501(c)(3) and other not-for-profit organizations in the Nashwauk, Nashwauk Township, Buck Lake, Pengilly and Swan Lake areas.
In the year 2000, the fund began with an initial donation of $15,000 by Marion Kumpula, a long-time Nashwauk resident who believed in giving back to the community. Since then over 250 donors with passions similar to Marion’s have made over one-thousand individual gifts. The present value of the Nashwauk Area Community Fund is $828,000.00. The investment earnings on the endowed fund have allowed the Nashwauk Area Community Fund to distribute over $180,000 back into our community.
The Grand Rapids Area Community Foundation is the financial managing agent for the Nashwauk Area Community Fund.
We at the Nashwauk Area Community Fund are excited this year to award higher education scholarships. Spenser Engel was awarded $1000 and plans to attend UMD to study Biology. Lexi Clusiau received a $500 scholarship and plans ... 'Keep Reading'
Spartan Angling is a class at Nashwauk High School dedicated to the betterment of youth angling in NE Minnesota and are pioneers in the craft. The goal is to equip youth anglers to be stewards of Minnesota's waters by teaching them the ... 'Keep Reading'
The Nashwauk Area Community Fund loves serving our community. Providing grants to our communities' libraries is a joy as we know the impact that books have on children. It is our pleasure that we were able to give $2,500 grant... 'Keep Reading'
See how Nashwauk Area Community Fund is connected to Grand Rapids Area Community Foundation