We have an online application process for Letters of Inquiry and Full Proposals for each grant cycle. By mid-September each year, important dates for the upcoming grant cycle are posted to the Important Dates page of this section.
Step 1: Letter of Inquiry
Applicants must submit a Letter of Inquiry (LOI) via our online grant management system. The system will be open to accept LOIs in mid-November and submissions are due by mid-December. Applicants may submit only one application per year. Impact 100 NYC will acknowledge each LOI received. Following the review of the LOIs, Impact 100 NYC will select certain applicants to submit a Full Proposal.
Step 2: Full Proposal
Applicant organizations will be notified by mid-January whether or not they have been selected to complete a Full Proposal. Full Proposals are by invitation only and will be due by early February. Full Proposals will be completed online through our grant management system. Impact 100 NYC will acknowledge each Full Proposal received. Following a review of the Full Proposals, certain applicants will be selected for site visits.
Step 3: Site Visit
All applicants will be notified even if they are not selected for a site visit. Impact 100 NYC Committee Chairs will contact applicants to schedule site visits, which will take place in April. The objective of the site visit is to complete the due diligence review and investigate and resolve any final questions. Site visits will generally last approximately 90 minutes and should include the Executive Director, Project or Program Manager, CFO or Financials representative, and a Board Member. Our site visit hosts will complete a brief Executive Summary for our members. We will provide a template for that submission. Following the site visit, Impact 100 NYC will select its grant finalists.
Step 4: Final Decision Process
Finalists will be announced by early May. They will receive instructions for making presentations to the membership at the Impact 100 NYC Annual Meeting to be held in late May. An Impact 100 NYC Grants Chair will schedule a phone call with each Finalist to review the instructions. Impact 100 NYC members will vote by individual ballot at the Annual Meeting (or by absentee ballot in advance of the Annual Meeting) to select the $100,000* Impact 100 NYC Grantee(s) and general operating grantees. The voting results will be tabulated and announced at the event. Prior to the release of the funds to the Impact 100 NYC Grantee(s), the recipients must complete a Grant Agreement.
Impact 100 NYC may distribute project or program grants in installments, depending on the nature of the project or program. Impact 100 NYC Grantees must submit periodic reports on the project or program to Impact 100 NYC as specified in the Grant Agreement.
*2021 will be Impact 100 NYC’s inaugural grantmaking year. Impact 100 NYC will strive to raise and award a $100,000 grant, but the actual amount will be determined when our membership is finalized in December, 2020.