Community Foundation announces $ 50,000 grant for job creation and maintenance

PEORIA, Ill. (WMBD) – The Community Foundation of Central Illinois (CFCI) announced a new grant for local businesses on Monday.

According to a press release, the new Community Works grant program will provide up to a maximum of $ 50,000 for job creation and maintenance.

The grant money comes from an estate gift valued at over $ 3.9 million from the late Robert E. (Bob) Gilmore, a former president of Caterpillar.

CFCI President Mark Roberts said they hope to use the grant to spur long-term change in central Illinois.

“We are interested in investing in economic development programs that focus on creating and retaining jobs,” said Roberts. “We would like to see an innovative collaboration between two or more organizations rather than those working in isolation. Our non-profit professionals are doing an incredible job in this community, so we can’t wait to see the positive and lasting effects this new initiative will have.

Any organization with 501 (c) (3) status in the CFCI service area can apply for the Community Service Grant. Letters of Intent are due November 23, 2021.

CFCI will be hosting a virtual community service networking forum on November 10, 8:30 a.m. to 9:30 p.m., with more information on the new grant.

Further information is also available on the Community Foundation website.

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