Member FAQ's | Who can be a member? How does Impact 100 NYC work? Can I make my membership donation in installments? Yes, we now accept installment donations. To be eligible to participate in the grant review process, your total $1000 annual donation must be received by January 15. To vote in May, the total donation of $1000 must be received by February 15. If you are interested in 2, 3 or 4 installments, please send an email to technology@impact100nyc.org. Is my contribution tax deductible? What is required of a Member? I would like to contribute more than $1,000. Do I get more than one vote? Do you accept corporate matching? My company or my spouse’s company matches funds for charitable donations. Can I give $500 and have the company match it to make my total $1,000 donation? Matching gifts are most certainly welcome but may not be used to fund a membership donation. Matching gift funds are generally used to cover operating costs and/or a Founders Fellowship. To find out if your (or your spouse's) company offers matching funds click here. Can I be a part of Impact 100 NYC without making a full $1,000 contribution? What is a Founders Fellowship? There is a membership option for $1,100. What does the additional $100 for operating costs cover? Can I join more than one committee?
How long is my membership in Impact 100 NYC? What types of projects or programs do you prefer to fund? As a collaborative grant-making organization, our members decide through a rigorous grant review process and all-member vote. As we have a diverse group of women who make up our voting membership, each brings her own experience and perspective. With one member/one vote, everyone has an equal say in the selection of the grant recipients. Essentially, we aim to select organizations that, if empowered with our funding, would take a huge step forward in advancing their mission and dramatically help their beneficiaries overcome adversity and thrive. Must an organization serve only women to qualify for funding from Impact 100 NYC? Will more consideration be given to programs that affect more than one borough? Are there any grants awarded for less than $100,000? Our grant model is based on the total number of members in our organization each membership year. For every 100 members, each having donated $1,000, we will award a $100,000 Transformation Grant. Residual funds may be awarded to the finalists as determined by the Board. How does Impact 100 NYC decide who gets the grants? Committee members attend training sessions on the grant process and learn how to evaluate grant proposals, such as determining credibility and merit of the applicant organization and the feasibility and significance of the proposed project or program. After each committee selects its finalist, all Impact 100 NYC members receive information on the finalists for review. The finalists attend our Annual Meeting (The Big Give) in May and make presentations about their projects. Members vote by individual ballot either prior to or at the Annual Meeting (or by absentee ballot if they are unable to attend), and that vote determines the grant recipients. Grant awards are announced at the Annual Meeting. Can an organization get a list of the members of Impact 100 NYC?The roster of members is shared only with current members and not published or shared publicly. We do list our Board Member and Executive Committee on our website and spotlight members on social media. At no time should members be approached for solicitation purposes. |