Grant Applicant Information Session
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1 Grant Applicant Information Session November 1, 2017 Hosted by: Klehr, Harrison, Harvey, Branzburg, LLP
2 Today s Agenda Overview of Impact100 Philadelphia Co-President Core Mission Grants, Eligibility, Review of Focus Areas, & Grants Process Sandra Lazovitz, Grants Co-Chair Toby Gang, Grants Co-Chair Financial Requirements TBD, Financial Review Panel Steps for Applying Sandra Lazovitz A Grantee s Perspective TBD Questions & Answers
3 Our Mission To engage women in philanthropy, collectively funding high impact grants to nonprofits in the Philadelphia region Formal process enables members to become informed philanthropists through participation in grantmaking Members leverage their donation, through collective giving, to make large, high-impact grants Members are exposed to the work of smaller nonprofits in greater Philadelphia
4 Our Model Finalists present proposals 100% of women s donations are granted directly to local nonprofits A new focus on Core Mission grants
5 Impact100 Philadelphia Growth Cumulative Grants $(MM) Impact100 Philadelphia Grants & Membership History Total Membership & Grant $(000) YEAR $(000) Project/Core Mission Grants Operating Grants Note: Core Mission Grants replaced Project Grants in 2017 # OF GRANTS AWARDED
6 Why Core Mission Grants Time to evaluate our grant making practices to ensure we are supporting the needs of the local nonprofits Strategic planning process that included research, focus groups, and interviews Strong support to move away from only funding new and expanded projects Unanimous approval by the Strategic Planning Committee and the Board of Directors
7 Impact100 Core Mission Grants Proposals can focus on: New or expanding primary programs or services, or Necessary improvements to infrastructure, or Other initiatives to strengthen the nonprofit in its work in the region Proposals should explain why the: Impact100 grant will strengthen the organization, and Timing of the Impact100 grant is important, an How the grant will have a high impact now
8 What Impact100 Will Fund Programs or Services Administration Facilities and Equipment
9 What Impact100 Will Not Fund Debt reduction, operating deficits, interim or bridge funding, or endowment funding Individuals or private foundations Activities that are religious or political in nature Fund drives, annual appeals, fundraising events, or general capital campaigns
10 New Focus in LOI & FP Mission & Programs Mission statement and long-term goals History and accomplishments of the organization Primary services and activities; how they support mission Problems addressed with $100,000 grant; outcomes, benchmarks to be achieved Administration & Management Use of data in ongoing work to track outcomes and improve work Financial management practices, fundraising, strategic planning Key staff, Board of Directors, decision making Impact of $100,000 Intended use of funds; strategies, timetable, work plan Importance of funding and the timing of funding; its impact on the organization
11 Organization Eligibility Tax-exempt under Section 501(c)(3) of the Internal Revenue Code, independent of a financial sponsor (local affiliates may apply under the 501(c)(3) of the national organization). Located in and serve residents of the counties of Bucks, Chester, Delaware, Montgomery or Philadelphia, Pennsylvania, or the county of Camden, New Jersey. In possession of at least 3 full years (36 months) of independently prepared, audited or reviewed financial statements. Not a recipient of an Impact100 Philadelphia $100,000 grant in the past three grant cycles.
12 Organization Preferences Have annual operating budgets above $300,000 and below $5,000,000. Target under-served populations. Highlight unmet needs in the region. Will have a high impact on beneficiaries or communities.
13 Applicants Should: Propose the use of Impact100 s grant for programs, services, necessary infrastructure, or other initiatives that support the organization s core mission. Submit a proposal budget of at least $100,000 Propose to expend funds within 24 months. Fit within one of our five Focus Areas
14 Impact100 s Focus Areas Arts & Culture Health & Wellness Focus Areas Education Family Environment
15 Focus Area Definition Arts & Culture Cultural programs, participation in the arts, arts education Past Project Recipients 2016 Art Reach 2014 ArtWell 2012 The Village of Arts and Humanities
16 Focus Area Definition Education Educational opportunities for children and/or adults. Past Recipients 2017 Interim House (Core Mission) 2016 CASA Philadelphia 2015 Community Learning Center 2012 After School Activities Partner 2011 West Philadelphia Alliance for Children
17 Focus Area Definition Environment Improvement, preservation, revitalization or awareness of public spaces, facilities, or natural resources. Past Recipients 2015 Awbury Arboretum 2014 Neighborhood Bike Works 2013 Urban Tree Connection 2010 New Jersey Tree Foundation
18 Focus Area Definition Family Strengthening and enhancing the lives of children and families including seniors. Past Recipients 2017 The Attic Youth Center (Core Mission) 2016 CASA Youth Advocates 2015 The Center for Grieving Children 2014 Friends of Farmworkers 2009 Philadelphia Community to End Homelessness
19 Focus Area Definition Health & Wellness Improvement of people s mental and/or physical well-being. Past Recipients 2017 Community Volunteers in Medicine (Core Mission) 2013 Anti-Violence Partnership of Philadelphia
20 Grant Review Process Step 1 Step 2 Step 3 Step 4 Letter of Inquiry Full Proposal Site Visit Finalist
21 Grant Review Process Step 1: Letter of Inquiry Online application open November 28 th to January 3 rd Deadline is 11:59 PM on January 3 rd Application link on Impact100 website Reviewed by LOI Member Committee
22 Required Financials For Full Proposals Income statement for the most recently completed fiscal year (include projected budget vs. actual) Year to date interim statement for the current fiscal year Project budget (using Impact100 form) Independently prepared financial statements (audit or review) for past 3 full years
23 Required Financials For Full Proposals IRS form 990, including all Schedules for past 2 years Grant funds must be expended within 24 months Organization may be a part of a larger entity and/or may collaborate with other organizations
24 Steps To Apply for Grant Confirm Eligibility Consult our Grants FAQ Impact100 Website Access Online Application Impact100 Website
25 Grants Timeline Key Steps Dates Online LOI Application Opens November 28 Funding Announcement Mid December Letters of Inquiry Due January 3 Full Proposal By Invitation January 26 Full Proposals Due February 13 Site Visits Mid March Mid April Finalist Organizations Announced Mid May Finalists Presentations/Grants Awarded June 4
26 Communication with Applicants Usually via from IMPORTANT: communication is sent to address used when registering for online application We notify nonprofits via at each stage of the grant process: Request for Full Proposal Request for Site Visit Selection of Finalists Impact100 may request additional information
27 2017 $100,000 Core Mission Grantees Interim House, Inc. Education Focus Area The Attic Youth Center Family Focus Area Community Volunteers in Medicine Health & Wellness Focus Area
28 2017 $30,000 Core Mission Operating Grantees Philadelphia Young Playwrights Arts & Culture Focus Area Audubon Pennsylvania Environment Focus Area
29 Questions & Answers For questions that arise following today s session please grants@impact100philly.org
30 We Facebook Impact100Philly #GrantsforGood #WomeninPhilanthropy #Impact100Philadelphia #collectivegiving
31 Thank You For questions that arise following today s session please grants@impact100philly.org
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