2.  Grant Application

February – March: Organizations selected by Impact 100 to complete a grant application must submit their applications including all attachments via our Online Grant Application.

For an overview of the full grant application and the required attachments, see the Grant Training materials.

• Sample Application Sections for Reference

In addition to the grant application a number of financial documents will be required. All documents must be submitted in PDF, except for the 2024 Impact Grant Application Financials workbook, which must be submitted in Excel format:

• 2024 Impact Grant Application Financials: please complete this workbook in its entirety. It includes:
  • Program Budget or Capital Budget
  • Total Budget and YTD Actual: current fiscal year, including column showing the organizations year-to-date status
• Statement of Revenue & Expenses (Income Statement): most recent completed fiscal year and previous two years
• Statement of Financial Position (Balance Sheet): most recent completed fiscal year and previous two years
• Most recent audit: financial statements complete with notes and audit opinion as well as any other report issued by auditing firm
  • If your organization does not have an audit performed, provide one of the following (in order preferred)
    • Independently reviewed/compiled financial statements
    • Form 990
• Pro forma budgets for the next three years if there are ongoing expenses associated with your project that increase the organization’s operating expenses by 20% or more, or, if this is a new initiative

Impact 100 also requires a number of non-financial documents (all documents must be submitted in PDF):

• Diversity Data Worksheet
• Names, affiliations, and demographics of board members
• List of key staff or an organizational chart
• Letters of commitment from collaborating organizations (if applicable)
  • Please scan all letters of commitment into one PDF prior to uploading

Once your application is submitted, you will receive acknowledgment of receipt of your application within 24 hours.  Impact 100 Grant Review Teams will review the applications and will select and notify Site Visit Candidates by Spring.

3. Financial Review

April: The Community Investment Review Committee (CIRC) is responsible for taking an in-depth look at the grant applicant’s financials, prior to a site visit. CIRC members review the financial health of the nonprofit and the details of the project budget. Questions and concerns are addressed during the site visit. Based on all of the provided financial information, CIRC votes on whether or not to approve the grant applicant as a finalist

4. Site Visit Candidate

April – May: A Site Visit Coordinator from the Grant Review team will coordinate arrangements for the visit.

The objective of the site visit is to complete a due diligence review and to resolve any remaining questions regarding the organization and the proposed program or project. The site visit will be approximately 60-90 minutes long and the interview questions and agenda will be established ahead of time by the Site Visit Coordinator and the organization.

Impact 100 Grant Review teams will select one to two finalists, which will be reviewed by a cross-Grant Review team committee. Finalists will be announced in June at our Meet the Finalists Event.

5. Grant Finalist

June – September: Grant Review Teams will prepare a 1-page Executive Summary for each finalist. Each finalist will record a 5-minute video pitch for their proposed program/project. Both the Executive Summary and the video will be shared with all Impact 100 members, who will review and then rank their selections for the grant awards. The highest-ranked finalists across the membership will be chosen as grant recipients.