News from the Foundation

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IBMA Foundation 2024-2025 Year End Report

They say, “It’s all about the numbers,” and the IBMA Foundation numbers for the past fiscal year were pretty great! But more important are the names and faces, programs, stories, and wonderful bluegrass music behind each number. We’ll share some of both with you below.

Since the beginning of the Foundation in 2007, more than $530,000 has been awarded for grants, scholarships and programs.
This past year we awarded more than $74,400 in grants, scholarships, and program support.
More than 500 supporters shared in our mission to support the future of bluegrass music, with donations  totaling $198,000.
We ended the 2024-25 fiscal year with $644,326 in net assets.
The Foundation’s agency endowment funds totaled $539,431

Latest Info

IBMA Foundation announces 2025 project grant recipients

The IBMA Foundation recently awarded $25,000 in project grants to 15 bluegrass programs in eight states plus Switzerland, the Czech Republic, and China. The number of applications was up this year at 37, compared to 21 in 2024.   “A diverse list of recipients for...

Arnold Shultz Fund grant recipient report from Virginia

Arnold Shultz Fund grant recipient report from Virginia

In 2022, the Montgomery Museum of Art & History in Christiansburg, Virginia, which serves the entire New River Valley and Virginia’s Appalachia region, presented a highly successful concert at the Moss Arts Center in Blacksburg, Virginia. That concert, “50 Years...

Blue Highway Fest raises funds for IBMA Foundation

Blue Highway Fest raises funds for IBMA Foundation

Our hearty thanks is extended to the members of Blue Highway, luthier Rufus Thames; the staff of Blue Highway Fest; the city of Big Stone Gap, Virginia; and raffle ticket purchasers for a donation of $2,007 to the IBMA Foundation raised by a guitar raffle at the...

IBMA Foundation donor spotlight: Jim and Kathy Kortge

IBMA Foundation donor spotlight: Jim and Kathy Kortge

By Nancy Cardwell Thanks to a substantial donation last year from Jim and Kathy Kortge of Fenton, Michigan, the new Gloria Belle Memorial Scholarship will launch in 2025, with the first recipient to be announced in July. The scholarship, created by IBMA Foundation...

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The IBMA Foundation
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