Impact 100 Greater Indianapolis members pool their $1,000 annual donation to fund large grants of $100,000. The grants are awarded in June each year to local charitable organizations. Proposals are solicited for programs or projects in five focus areas: arts & culture, education, environment, family, and health & wellness.
Impact 100 Greater Indianapolis’ funding cycle begins July 1st of each year until June 30th of the next year. In June, at the members’ Annual Meeting, nonprofit grant finalists present their proposal, the membership votes, and grant awards are announced to the winning nonprofit organizations. Each member of Impact 100 Greater Indianapolis has one vote in determining the grant recipients.
Members of Impact 100 Greater Indianapolis serve on the focus area committees to evaluate the grant proposals. The committees select one finalist in each area. In June all members have the opportunity to vote for grant recipients.
Four-Step Grant Application Process
Impact 100 Greater Indianapolis has a four-step grant application process:
- Letter of Intent: Letters of Intent (LOIs) are due on January 13, 2017. Each applicant must use the 2017 Letter of Intent Form to provide Impact 100 with their intended use of our annual $100,000 grant. The completed form must be emailed to firstname.lastname@example.org. Please put “LOI” and the applicable Focus Area (“ArtsCulture”, “Education”, “Environment”, “Family” or “HealthWellness”) in the subject line. Letters of Intent will be acknowledged electronically. Impact 100 members will review all of the submitted Letters of Intent, and selected organizations will be notified and asked to submit a Full Grant Application.
- Full Grant Application: The grant application is due on March 10, 2017 at 5 pm. An email will be sent to all nonprofits whose LOI has been accepted. The email will include full grant application and submission instructions. Reminder: ONLY proposals from nonprofits asked to submit a full grant application will be read. Unsolicited grant applications will be destroyed.
- Site Visit: Each focus area will select two to three semifinalists and conduct site visits April 17-28, 2017. The objective of the site visit is to complete a general due diligence review and to investigate and resolve any final questions. Site visits require approximately 90 minutes of dedicated time, and should include the participation of the executive director, program manager, a board member, and a financial representative. An interview schedule will be established prior to the visit.
- Final Decision Process: Impact 100 members will be notified of the 2017 grant finalists starting on April 28. A public announcement will be made on May 1. A representative from each of the five finalists will be invited to Impact 100 Greater Indianapolis’ annual meeting (June 2017, date TBA) to make a short presentation about their proposal to all of our members. Impact 100 members will then vote on the finalists, with each member casting one vote. Absentee ballots will be counted that evening as well.The finalist receiving the most votes will receive a grant for $100,000. The remaining finalists will receive an unrestricted grant, based on an even division of the residual amount. For example, if there are 180 Impact 100 members and five finalists, one organization will receive $100,000 and the other four finalists will each receive $20,000 in the form of a one-time, unrestricted, undesignated grant. If there are more than 200 members, a similar process will apply, awarding 2 grants for $100,000, with residual grants divided among the remaining finalists.
Impact 100 Greater Indianapolis reserves the right to reject a Letter of Intent or a Grant Application for any reason, including if it is late or incomplete in any way. Carefully read each Grant Document Download for detailed instructions.
Impact 100 Grant Agreements
Nonprofit organizations awarded a primary grant from Impact 100 Greater Indianapolis of $100,000 must sign the Impact 100 Grant Agreement prior to receiving the first grant payment from Impact 100. The winning nonprofit will receive a link to the grant agreement as part of the information provided at the time the grant is awarded.
All grant finalists not selected for the primary grant will receive an equal division of the residual funds or residual grant. Residual grants are provided to the finalist organizations on an unrestricted basis. Residual grant recipients will receive distribution of funds accompanied by a cover letter outlining the requirements of the receipt of funds and the Impact 100 Residual Grant Agreement to be signed.
Impact 100 Recipient Report Forms
Winners of the Impact 100 Greater Indianapolis $100,000 grant will provide a timetable for how they want the funds to be distributed and milestones to be used to determine interim goals are being met. As those milestones are met, additional funds will be released.
Residual grant recipients will not be subject to the same reporting requirements as full grant recipients. Instead, residual grant recipients will provide a short written report identifying how the receipt of such funds strengthened the organization. The format of this report will be provided to the residual grant recipients in advance of its due date.
The Letter of Intent will be submitted via email as detailed above. The Full Grant Application will be submitted following instructions provided to the nonprofits asked to submit a full application (ONLY proposals from nonprofits asked to submit a full grant application will be read. UNSOLICITED GRANT APPLICATIONS WILL NOT BE OPENED AND WILL BE DISCARDED).
If you have any questions, please send an email to email@example.com
Get On Our Nonprofit Mailing List (Greater Indianapolis Area Nonprofits Only)
Nonprofits in Central Indiana (Marion, Hamilton, Hancock, Shelby, Johnson, Morgan, Hendricks, and Boone Counties) are invited to get on our mailing list to receive emails regarding our annual grant cycle by filling out our Interested Nonprofit Form.
We are holding an informational meeting for Central Indiana Nonprofits to learn more about our process, focus areas, nonprofit eligibility requirements, and our grant calendar. The meeting will take place on Thursday, December 8 at the Glendale Library, 6101 N. Keystone Avenue, 46220, 2:30-4:30 pm..Nonprofits must RSVP so we are sure to have enough chairs at the tables. To RSVP, please click here.