How It Works
How the impact100 sRQ funding model works
Each year, Impact100 SRQ funds initiatives with high potential for community impact. Grant funding comes from member contributions and each Impact100 SRQ member will vote to select the funded initiatives.
We pool the $1,000 required membership donation from each of our members to award grants with a minimum amount of $100,000.
Membership donations are collected until the last day of February. The exact amount of money available for grants is announced at our BIG REVEAL event in March. The number of grants available is determined by the number of members we have as of March 1st each year.
Nonprofit organizations begin the grant application process by submitting an Eligibility Form. Eligibility Forms are reviewed to verify that each organization is eligible to apply for an Impact100 SRQ grant. Eligibility Forms are due by mid-June. Grant applications are also due in mid-June. Organizations apply in one of the five focus areas: Arts, Culture & History; Education; Environment & Recreation; Family; or Health & Wellness.
From June through September, Impact100 SRQ members serve on Focus Area Committees (FACs) that evaluate the grant initiative proposals. The Focus Area Committees select a finalist or finalists in each of the five focus areas.
Finalists are announced at our Meet the Finalists Event in mid October.
All of our members are invited to cast a vote to determine the current giving year's grant recipients. We announce the nonprofit organizations that have been selected at our Annual Celebration in November.
Grant recipients are invited to partner with Impact100 SRQ for one initiative showcase event and one member event during the 24 months following the receipt of the grant.
It's Not Who You Know At Impact100 SRQ!