The Bluegrass Trust Fund (the "Trust") was established in 1987 as a means to offer financial assistance to bluegrass music professionals in time of emergency need. Patterned after similar entities in the music world, the Trust is a 501(c)(3) non-profit charitable institution governed by an autonomous five-person board of trustees appointed by the International Bluegrass Music Association.
Trustees are responsible for managing the Trust, including accepting donations and making decisions on the disbursement of funds to those in need. Since 1987 the Trust has raised more than $400,000 (primarily through IBMA's Bluegrass Fan Fest and Wide Open Bluegrass festivals, as well as donations from individuals) and has disbursed over half of its deposits to scores of bluegrass professionals and their families when other sources of financial help had failed them. Many times the fund is called on for medical emergencies, at times of death, natural disaster or other hardships.Assistance
Financial Assistance grants and loans are available from the Trust to individuals anywhere in the world who are involved as a professional in bluegrass music (or were actively involved at some point in their career). Examples of such professionals might include artists, composers, broadcasters, media representatives, event producers, agents, educators, managers, and employees of record companies. Families of such individuals may also qualify for assistance. Each request for assistance is judged on its own merits and should demonstrate a financial emergency or circumstance involving dire need. There is no limit to the amount an applicant may request, but grants have generally ranged from $500 to $5000, based on available funds. The Trust also welcomes applications from interested third parties on behalf of individuals in need. All requests and the circumstances surrounding them are held in the strictest of confidence.Support
The Trust encourages donations of any size and welcomes planned or estate gifts. All gifts are acknowledged and may qualify as tax deductible charitable contributions. Over 98% of funds donated and interest earned is used for actual grants and loans with only a small amount needed to cover expenses to administer the Trust.
To request assistance or pledge support, contact:
IBMA Bluegrass Trust Fund
608 W. Iris Drive
Nashville, TN 37204 USA
email: email@example.com