The Bill and Susan Sherrard Foundation Grant is designed to support a range of charitable initiatives primarily benefiting the residents of Henry County, Illinois. The foundation focuses on several key areas, including educational assistance for students from Henry County, historic preservation and education, religious purposes specifically for the Lutheran Church, Missouri Synod, and nursing home care for those in need. The foundation aims to enhance the quality of life in the community through its grantmaking efforts.

The primary purpose of the grant is to provide financial support for projects that align with the foundation's mission. The objectives include fostering educational opportunities, preserving historical sites and education, supporting religious activities, and ensuring that nursing home care is accessible to the needy. By prioritizing these areas, the foundation seeks to make a meaningful impact on the local community.

Funding for the grant ranges from $10,000 to $100,000, with an average grant size typically between $3,000 and $25,000. The foundation allocates approximately $150,000 annually for its grantmaking activities. This funding can be utilized for various purposes within the specified program areas, which include arts, culture, humanities, education, health, and human services.

To be eligible for the grant, organizations must qualify as exempt under Section 501(c)(3) of the Internal Revenue Code. The foundation encourages applications from nonprofits that serve the Henry County area. Applications must be submitted through the online grant application form or an alternative accessible application designed for users of assistive technology. Preference may be given to requests that align closely with the foundation's priorities.

The application process includes specific questions that applicants must address, although the exact questions are not detailed in the provided information. Evaluation criteria will likely focus on the alignment of the proposed project with the foundation's mission and priorities, as well as the potential impact on the community.

The deadline for submitting applications is October 15, 2024. It is important for potential applicants to be aware of this timeline to ensure their proposals are submitted on time. For further information, interested parties can visit the Wells Fargo website dedicated to the Sherrard Foundation or contact the foundation directly via the provided email or phone number.