Columbia, MO – MidwayUSA Foundation is excited to announce that numerous youth shooting teams across the nation have received their annual cash grants. A payout of over $3.1 million in cash grants has been distributed to 746 youth shooting programs. This grant cycle had an average payout per team of $4,172, and the grants benefit approximately 32,000 youth shooters. These funds assist shooting teams with expenses such as ammunition, targets, travel, entry fees, team gear, and more.
The Foundation's Executive Director, G. Scott Reynolds, stated. "Our cash grants are critical funds for youth shooting teams. The recently awarded teams reported spending over $18 million on expenses last year, with ammunition, entry fees, targets, and travel being the bulk of those expenses. Assisting with these costs could provide the opportunity for more athletes to participate in shooting sports where they'll learn leadership skills, confidence, and discipline that will benefit them throughout their lives."
Each shooting team's grant is 5% of their MidwayUSA Foundation Team Endowment balance, so as a team's endowment grows, so does their annual cash grant. The Foundation offers various resources to help shooting teams increase their endowment. In addition to cash grants, teams are eligible to receive product grants to conduct fundraisers. Teams choose the product, host a fundraiser in their community, and proceeds donated to their endowment are matched. Every team can also receive tax-deductible donations right through the Foundation's website, which are also matched. MidwayUSA Foundation's Matching Program is funded by Larry and Brenda Potterfield, owners of MidwayUSA.
The MidwayUSA Foundation is a 501(c)(3) public charity working to sustain and grow the shooting sports industry by providing long-term funding to youth shooting teams. Every donation made is tax-deductible and allows the Foundation to assist in expanding and enhancing the leadership skills, confidence, and discipline of today's youth through shooting sports activities. The Foundation supports all shooting disciplines. For more information about how the MidwayUSA Foundation is changing the future of youth shooting sports, please visit midwayusafoundation.org or call 1-877-375-4570.