News from the Foundation
Bookmark this page to check out new reports, articles, and announcements from the IBMA Foundation!
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
Strings for Dreams Bluegrass Raffle #4 begins April 1
The IBMA Foundation’s 4th annual Strings for Dreams Bluegrass Raffle will kick off April 1, 2024. The prize is a 2011 Golden Era Deering banjo with a hardshell case and other accessories, valued at $4,000. Longtime IBMA Foundation supporter Casey Henry donated the...
Arnold Shultz Fund grant recipients announced for 2024
The IBMA Foundation has awarded a total of $19,650 for 16 Arnold Shultz Fund grants to programs and individuals in 12 states, Kenya, and Nepal. The Arnold Shultz Fund was established in 2020 to encourage participation in bluegrass music by people of color. “We’re...
Kim Tilly wins Lisa Sorrell boot raffle
The winner of the Louvin Brothers-tribute cowboy boots designed by internationally renowned boot maker Lisa Sorrell of Guthrie, Oklahoma, was selected randomly by the RallyUp.com computer software program on March 1. The lucky recipient of this truly unique pair of...
Qualified Charitable Donations and the IBMA Foundation
Are you thinking about taxes this time of year? If you are 70 ½ years of age or older, we thank you for considering a qualified charitable distribution (QCD) donation to the IBMA Foundation. The SECURE 2.0 Act of 2022 includes some good news for individuals over age...
California program brings bluegrass to prisons
By Lani Way The California Bluegrass Association’s Bluegrass Bridge initiative began in the summer of 2021 as a way to expand delivery of CBA’s goal to reach more potential bluegrass fans. One such community is incarcerated individuals, and CBA was aware of other...
Project grant fund report from Virginia
By Tom McNally, treasurer & Tim Gundlach, president,RVA Bluegrass Jam, Inc. The 2023 RVA Bluegrass Jam was a great success. The funds received from the IBMA Foundation were vital, as our outdoor music event was faced with significant storms. A few days...
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The IBMA Foundation
1183 University Drive #105-215
Burlington, NC 27215
615.260.4807