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 in January. Each applicant must use the LOI Form for that grant year to provide Impact 100 with their intended use of our annual $100,000 grant. You must follow the instructions in the cover letter of the form to submit an LOI. We will send an email within 5-7 days to acknowledge the receipt of Letters of Intent. 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 in March. Nonprofits whose LOI has been selected will be sent an email with the 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 in mid-April. 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: Nonprofits selected as the finalists for each Focus Area Committee will be contacted in late April (after all site visits are completed). Impact 100 members will be notified with the names of that year’s grant finalists after the last site visit in late April. A public announcement will be made in early May.
- Finalists Reception: A representative from each of the finalists will be invited to attend a reception to learn more about the rest of the grant making process.
- Annual Awards Celebration: The finalists, Impact 100 members and guests, and interested citizens are invited to attend Impact 100 Greater Indianapolis’ Annual Awards Celebration and Annual Meeting in June. Each of the finalists will make a short presentation about their proposal. 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 is $180,000 in the grant pool 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, the same process will apply, awarding two grants for $100,000, with residual grants divided among the remaining three 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 for detailed instructions and email us any questions at firstname.lastname@example.org.
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 in December. Nonprofits must RSVP so we are sure to have enough chairs at the tables. To RSVP, please click here.