Coach Training Endowment

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Coach Training Endowment (FR16459)

Qualified coaches are an integral piece to the expansion of youth shooting sports. Grants from the Coach Training Endowment shall be limited to one per recipient annually and the recipient must be a State or National Organization with a MidwayUSA Foundation endowment. Grants are authorized for organizations to train team coaches or coach trainers and are limited to $5,000.

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Donations

MidwayUSA Foundation is a qualified public charity, exempt from Federal and State income tax under Section 501(c)(3) of the Internal Revenue Code.  Donations are tax-deductible under Section 170 of the Code. Donations made to the Coach Training Endowment (FR16459) are restricted and the property of the MidwayUSA Foundation, under the control of the Board of Directors. Please see specific information related to contributions in our donation policy at https://www.midwayusafoundation.org/policies/.  Donations to the Coach Training Endowment do not qualify for matching

The MidwayUSA Foundation does not charge any fees for endowment donations.  Therefore, the Foundation credits 100% of each donation to the selected fund.

Grants

This endowment is restricted and will award competitive grants, when they are sufficiently funded, based upon criteria set by Larry and Brenda Potterfield and approved by the MidwayUSA Foundation Board of Directors. The Board of Directors may award grants from the special-purpose endowments at its discretion, within the criteria set for each fund.

Investment Earnings

The MidwayUSA Foundation Board of Directors takes its fiduciary responsibility very seriously and has developed a robust investment portfolio, focused on long-term growth, with world-class guidance from Goldman Sachs.  Due to fluctuations in the investment market, endowment account earnings may be positive or negative.  The MidwayUSA Foundation posts earnings to all endowments quarterly.