grant applicant information session - impact100 · 2018-08-27 · finalists present proposals a new...
TRANSCRIPT
Grant Applicant Information Session
November 1, 2017
Hosted by:Klehr, Harrison, Harvey, Branzburg, LLP
• Overview of Impact100 PhiladelphiaCo-President
• Core Mission Grants, Eligibility, Review of Focus Areas, & Grants Process
Sandra Lazovitz, Grants Co-Chair
Toby Gang, Grants Co-Chair
• Financial RequirementsTBD, Financial Review Panel
• Steps for ApplyingSandra Lazovitz
A Grantee’s PerspectiveTBD
• Questions & Answers
Today’s Agenda
• 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
Our Mission
Our Model
Finalists present proposals
A new focus on Core Mission grants
100% of women’s donations are granted
directly to local nonprofits
0 50 100 150 200 250 300 350 400
2009
2010
2011
2012
2013
2014
2015
2016
2017
$(000)
Impact100 Philadelphia Grants & Membership History
Project/Core Mission Grants Operating Grants
1
1 4
2
2 3
2 3
3
3
3
3
2
2
2
2
2.38
2.02
1.65
1.27
0.94
0.66
0.42
0.25
0.11
Cumulative
Grants $(MM)
YE
AR
# OF GRANTS AWARDED
1
360
380
377
328
284
242
164
139
111
Total Membership
& Grant $(000)
Impact100 Philadelphia Growth
Note: Core Mission Grants
replaced Project Grants in 2017
• 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
Why 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
Impact100 Core Mission Grants
• Programs or Services
• Administration
• Facilities and Equipment
What Impact100 Will 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
What Impact100 Will Not Fund
• 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
New Focus in LOI & FP
• 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.
Organization Eligibility
• 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.
Organization Preferences
• 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
Applicants Should:
Impact100’s Focus Areas
Focus Areas
Arts & Culture
Education
EnvironmentFamily
Health & Wellness
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
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
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
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
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
Grant Review Process
Step 1
• Letter of Inquiry
Step 2
• Full Proposal
Step 3
• Site Visit
Step 4
• Finalist
Grant Review Process
Step 1: Letter of Inquiry
• Online application open November 28th
to January 3rd
• Deadline is 11:59 PM on January 3rd
• Application link on Impact100 website
• Reviewed by LOI Member Committee
• 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
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
Required Financials For Full Proposals
Steps To Apply for Grant
Confirm Eligibility
Consult our Grants FAQ
Impact100 Website
Access Online Application
Impact100 Website
www.impact100philly.org
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
Grants Timeline
• Usually via email from [email protected]• IMPORTANT: Email communication is sent to email
address used when registering for online application
• We notify nonprofits via email at each stage of the grant process:• Request for Full Proposal
• Request for Site Visit
• Selection of Finalists
• Impact100 may request additional information
Communication with Applicants
2017 $100,000 Core Mission Grantees
The Attic Youth Center
Family Focus Area
Community Volunteers in Medicine
Health & Wellness Focus Area
Interim House, Inc.
Education Focus Area
2017 $30,000 Core Mission Operating Grantees
Philadelphia Young Playwrights
Arts & Culture Focus Area
Audubon Pennsylvania
Environment Focus Area
Questions & Answers
For questions that arise following today’s session please email
#GrantsforGood
#WomeninPhilanthropy
#Impact100Philadelphia
#collectivegiving
We Socialize
@Impact100Philly Impact100PhillyFacebook
