Cedar Rapids, IA (Feb. 28, 2025) – GreatAmerica Financial Services Corporation announces the opening of the spring application period for its Employee Advised Fund (EAF) on Friday, Feb. 28, 2025. Applications from area nonprofits will be accepted through March 28, 2025. This announcement follows GreatAmerica’s recent recognition with the Community Impact Award from Monitor magazine, celebrating the company’s outstanding contributions to local communities in its January/February issue of Best Companies in Equipment Finance.
The Employee Advised Fund empowers GreatAmerica employees to make charitable giving decisions on behalf of the company, directly impacting worthy organizations in the community. This spring marks the fifth round of giving for the EAF, which has awarded $1,000,000 to over 30 unique nonprofit organizations in the Corridor.
“For more than 30 years, GreatAmerica has been strongly embedded in our community and understands our responsibility to give back. Our Employee Advised Fund is a key component of our GreatAmerica Gives Back initiative, allowing our team to support the causes they care about most,” said Martin Golobic, CEO of GreatAmerica Financial Services. “Receiving Monitor’s Community Impact Award is a testament to our employees’ dedication and the positive impact we strive to make every day.”
Nonprofit organizations must have a registered 501(c)(3) status and a GreatAmerica employee sponsor to apply. The awards focus on four areas: health and human services, arts and culture, environment, and public projects. Click here for more information or to apply.
The GreatAmerica Gives Back initiative, which has contributed over $10 million to local nonprofits, exemplifies the company’s commitment to community. Employees have donated thousands of volunteer hours to causes such as education, health, social services, the environment, and culture. This dedication to community service is a core part of GreatAmerica’s identity and mission.
The EAF, launched in 2022, complements the GreatAmerica Donor Advised Fund, established in 2001. Together, these funds provide over $1.1 million annually to projects in the Cedar Rapids/Iowa City Corridor, managed by the Greater Cedar Rapids Community Foundation.
###
About GreatAmerica Financial Services
GreatAmerica is the largest, family-owned national commercial equipment finance company in the United States. A $3.3+ billion company with life-to-date finance originations of $18 billion, GreatAmerica was established in Cedar Rapids, Iowa in 1992. Dedicated to helping manufacturers, distributors, resellers, and franchisees be more successful and keep their customers for a lifetime, GreatAmerica offers innovative, complementary services in addition to financing. GreatAmerica is committed to the communities it serves and donates more than $1.1 million annually through a GreatAmerica Donor Advised Fund and an Employee Advised Fund, giving team members a say in where funds are allocated.
