Impact100 Westchester
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Impact100 Westchester. 100 women…one goal. Impact100 Westchester. Understanding the Grant Process. Mission Statement. Engage women in philanthropy Collectively fund grants to charitable initiatives in Westchester County, NY.
Impact100 Westchester
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Impact100 Westchester 100 women…one goal
Impact100 Westchester Understanding the Grant Process
Mission Statement • Engage women in philanthropy • Collectively fund grants to charitable initiatives in Westchester County, NY. • Identify unmet needs in the region and provide transformational grants to Westchester not-for-profit organizations.
Who We Are • We are a group of women with a desire to make a difference and improve the lives of others living throughout Westchester County • Our organization is 100% volunteer driven
Who We Are • Impact100 Westchester is a new 501(c)(3) women's collective giving group • There are currently 18 other Impact organizations throughout the US • We are not a national organization • Google other Impacts to see examples of grants that have been funded
Impact100 Westchester Grant Review Process
Eligibility Requirements In order to apply you must be: • Tax exempt under section 501(c)(3) • Located within Westchester County • In operation at least 36 months prior to applying for this grant • In possession of independently prepared financial statements • Not a recipient of an Impact100 Westchester grant in the past 36 months
Eligibility Requirements Projects that will be considered must: • Serve residents of Westchester • Fully expend funds in Westchester • Be a new program, the expansion of an existing program, or a new or expanded collaboration • Have a total budget of at least the grant amount • Expend funds on the project within 15 months
Organization Funding Priorities Preference will be given to charitable organizations that have: • Annual operating budgets between $300,000 and $5 Million • Limited access to large grants • Do not have the resources of larger nonprofits • Public recognition but are lesser known organizations
Project Funding Priorities Priority will be given to projects that: • Target under-served populations • Highlight unmet needs in the region • Provides a high impact to beneficiaries
Eligibility Guidelines • The Agency must serve Westchester County, NY • Impact100 Westchester will not accept grant applications that are partisan, religion-based, indigent care subsidy, travel, fund drives and loans • Grant applications are not for debt reduction, endowment, capital, research or operating deficits
Eligibility Guidelines Projects must fit one of four focus areas: • Arts and Culture – Programs that develop, cultivate or enhance cultural and artistic opportunities • Education – Programs that improve learning opportunities for children and/or adults • Environment – Programs that foster the connection between people and their surroundings • Health & Wellness – Programs that improve the mental and/or physical well-being
How to Apply Step 1: Letter of Inquiry • Applicants must download, complete and submit a Letter of Inquiry by January 10, 2014 • Form and detailed instructions are available at Impact100westchester.org/ under How to Apply • You will receive a confirmation email of receipt of your Letter of Inquiry
How to Apply Step 2: Invitation to Submit a Full Proposal • Impact100 Westchester will review all Letters of Inquiry and notify applicants if they have been selected to submit a Full Proposal • All applicants will be notified by mid-February • Maximum of 5 organizations per focus area • If invited, an email link to the Full Proposal will be sent to you
How to Apply Step 3: Full Proposal • Applicants invited to submit a Full Proposal will receive a link to the pdf • All Full Proposals must be submitted by March 3, 2014 • Required Financials will need to be emailed separately to grants@impact100westchester.org
How to Apply Step 4: Site Visit • Impact100 Westchester Focus Committees will review all proposals and notify applicants if they have been selected for a site visit • All applicants will be contacted • Site visits will take place in April • Allot 1½ - 2 hours per site visit
How to Apply Step 5: Selection of Finalists • One finalist in each focus area will be notified by mid-May • Guidelines will be provided via email for making 8 minute presentations to the Impact100 Westchester Membership Annual Meeting • The Annual Meeting will take place the first week in June, 2014
How to Apply Step 6: Finalist Presentation and Selection • Presentations will be made at the Impact100 Westchester Annual Meeting • All members present will vote by individual ballots at the meeting • Prior to the meeting, all members will be provided with an information packet • Absentee ballots will be available for members unable to attend • Ballots will be tallied and the winner will be announced at the Annual Meeting • An independent party will be tallying the ballots
How to Apply Step 7: Payment of Grant • Prior to the release of funds, the organization recipient must sign a Grant Agreement • Impact100 Westchester will distribute grants in installments pursuant to the Grant Agreement
How to Apply Step 8: Reports and Evaluations • Together, Grantees and Impact100 will mutually agree to a timeline and measurable metrics • Grantees will be required to submit interim reports on an agreed upon schedule in order to receive the remainder of the grant monies
How to Apply • Contacting individual Impact100 Westchester members is prohibited • Members of Impact100 Westchester may not make the finalist presentation on behalf of an organization • Questions about the grant process can be emailed to grants@impact100westchester.org
Impact100 Westchester Thank you Good luck! Q & A