News from the Foundation

Bookmark this page to check out new reports, articles, and announcements from the IBMA Foundation!

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The Cornerstone is the monthly e-newsletter of the IBMA Foundation. Click below for a free subscription. Read the current issue of The Cornerstone here.

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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

Welcome to new board members Daley, Newberry, and Royles

The IBMA Foundation is pleased to announce that Katy Daley, Susan Newberry, and Matthew Royles will begin three-year terms on the board effective July 1, 2025. All three bring a wealth of professional experience, leadership skills, and passion for bluegrass music....

A message from Nancy Cardwell

A message from Nancy Cardwell

It’s almost the fourth of July here in the U.S. as we pause at the Ferris wheel top of summer heat—a time to enjoy homegrown tomatoes and the height of the bluegrass festival season. July 1 is also the beginning of a new fiscal year for the IBMA Foundation. This issue...

IBMA Foundation donor spotlight: Mark Schuster

IBMA Foundation donor spotlight: Mark Schuster

Mark Schuster, a board member and faithful supporter of the IBMA Foundation, is a fifth-generation resident of Washington state and a life-long community activist and environmentalist. He founded The Schuster Group in 1989, a multi-faceted real estate company involved...

IBMA Foundation donor spotlight: George Matthews

IBMA Foundation donor spotlight: George Matthews

George Matthews, great-grandson of Standard Oil magnate and Florida hotel and railroad developer, Henry Morrison Flagler, has produced Bluegrass at the Pavilion for the past 20 years. The annual event takes place in April on the grounds of the Flagler Museum in Palm...

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