Overview for Non-profits
Each year, IMPACT 100 Greater Chesapeake funds projects with high potential for community impact. Grant funding comes from member contributions and each IMPACT member will vote to select the funded projects.
We pool the $1,000 required membership donation from each of our members to award a grant, in 2019 we have a grant of $80,000.
Membership donations are collected through the end of March. The exact amount of money available for grants is revealed in April. The number of grants available in each focus area is determined by the number of members we have as of April 1each year.
Nonprofit organizations begin the grant application process by submitting a Letter of Intent to Apply (LOI) prior to May 15th. LOIs are reviewed to verify each organization’s eligibility to apply for a grant. During the May/June nonprofits are required to attend one of our RFA workshops. Grant applications are accepted through the end of June. Organizations apply in one of the five focus areas described below– Arts & Culture, Education, Environment, Family, or Health & Wellness.
During July and August, IMPACT 100 members serve on committees that evaluate the grant proposals. The committees select finalists in each of the five focus areas.
At our annual meeting in October, we invite all members to cast a vote to determine the winning grant recipients. The winners are announced at the end of this meeting.