ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

GreatAmerica Accepting Applications for Employee Advised Fund

Posted 03/01/2024

(Cedar Rapids IA)– GreatAmerica Financial Services® announces today that applications from area nonprofits for their Employee Advised Fund will be accepted from March 1 to March 29, 2024, 4:30 PM (CST). The Employee Advised Fund, launched in 2022 is in addition to the GreatAmerica Donor Advised Fund, established in 2001. The combined funds provide more than $1 Million to projects in the Cedar Rapids/Iowa City Corridor each year. Both funds are managed by the Greater Cedar Rapids Community Foundation. 

“The Employee Advised Fund brings increased awareness of the nonprofit community to GreatAmericans who wish to learn more about and participate in community betterment efforts,” said Martin Golobic, Chief Executive Officer. “It’s also an opportunity to understand their perspectives based on their personal beliefs, values and experiences.” 

The Employee Advised Fund focuses on four areas: Health and Human Services, Arts and Culture, Environment, and Public Projects. Applications are presented to and voted on by all employees, and then funded with the objective of exhausting the $500K fund each year. Nonprofits applying for funding must have a connection with a GreatAmerica employee and be a registered 501(c)(3) organization, among other eligibility requirements.

Additional information and applications for this funding cycle will be accepted at https://www.greatamerica.com/giving between March 1 and March 29, 2024. Another funding cycle will be available in the latter half of the year. 

About GreatAmerica Financial Services® 

GreatAmerica is the largest, family-owned national commercial equipment finance company in the United States. A $3+ billion company with life-to-date finance originations of $16.1 billion, GreatAmerica was established in Cedar Rapids, Iowa in 1992. Dedicated to helping manufacturers, distributors, resellers, and franchisees be more successful and keep their customers for a lifetime, GreatAmerica offers innovative, complementary services in addition to financing. GreatAmerica is committed to the communities it serves and donates more than $1.1 million annually through a GreatAmerica Donor Advised Fund and an Employee Advised Fund, giving team members a say in where funds are allocated. www.greatamerica.com 


Josie Heskje
GreatAmerica Financial Services Corporation
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