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

June 1 deadline for college scholarship applicants

June 1 deadline for college scholarship applicants

The IBMA Foundation offers six different college scholarships. Students interested in applying for the fall 2022 semester are invited to fill out an application at this link and email it to info@bluegrassfoundation.org or mail it to 1183 University Drive #105-215,...

Stevan Michaels wins Pisgah Banjo raffle

Stevan Michaels wins Pisgah Banjo raffle

Stevan Michaels, a professional photographer in Ruckersville, Virginia, who plays clawhammer banjo, is the lucky winner of a raffle held March 8 to benefit the IBMA Foundation’s Arnold Shultz Fund, created in 2020 to encourage participation of people of color in...

Arnold Shultz Fund grants announced

Arnold Shultz Fund grants announced

IBMA Foundation has awarded a total of $19,170 in Arnold Shultz Fund project grants to programs and individuals in Alaska, Arizona, California, China, Hawaii, Kenya, and North Carolina. The Arnold Shultz Fund was established in 2020 by the IBMA Foundation to encourage...

May 19 deadline for Huber banjo raffle

The prize in our second annual Strings for Dreams Bluegrass Raffle is a mint condition 2010 VRB-3 Truetone Huber Banjo, valued at $4,100, with two cases and straps. The banjo was donated by longtime IBMA Foundation supporter Richard Spratt. Only 5,000 tickets will be...

J. D. Crowe Banjo Scholarship launched in February

J. D. Crowe Banjo Scholarship launched in February

On February 15, the IBMA Foundation announced the launch of the J. D. Crowe Banjo Scholarship. Longtime friend and fellow Kentucky bluegrass musician Arthur Hancock III made the initial $20,000 donation to create the fund and endow the scholarship for the benefit of...

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The IBMA Foundation
1183 University Drive #105-215
Burlington, NC 27215
615.260.4807