Impact 100 SRQ Grant

The Impact 100 SRQ Grant aims to empower women as philanthropists, offering a minimum of $100,000 for transformational local initiatives. Eligible organizations must be 501(c)(3) public charities with at least 24 months of operation and a commitment to transparency regarding legal actions. Initiatives should be impactful, sustainable, and serve the Sarasota and Manatee communities, with detailed budgets and clear definitions of expansion if applicable. Grants exclude funding for debt reduction or political activities.

Note: The Grant Application Eligibility Form deadline is represented by the pre-proposal deadline.
The Impact100 model is readily available to all communities who wish to implement it. The model is designed to empower women to see themselves as philanthropists and overcome the barriers women have historically faced in this arena. The model is designed for transformational grant-making within local communities, with a minimum grant size of $100,000.

Eligibility

Organizations eligible for Impact100 SRQ grants must submit only one grant application per EIN number and confirm the organization:

• Is defined as a tax-exempt public charity under Section 501(c)(3) of the Internal Revenue Code
• Is registered with the Florida Division of Corporations as a nonprofit corporation
• Is registered with the Florida Department of Agriculture and Consumer Services, unless the organization is exempt
• Has been in operation for a minimum of 24 months and is able to provide Financial Statements and Tax Returns for that period

Is willing to disclose any and all legal actions declared; including current and pending conflicts, unless legal actions are a component of the organization's operating model
Is not a religious institution, unless it is a separate tax-exempt entity that is not under the umbrella of the religious institution and exists for receiving Impact100 SRQ fundsInitiatives eligible for Impact100 SRQ grants must:
Be clearly defined, viable, sustainable, and designed to achieve high impact resultsPrimarily serve and benefit the communities and residents of Sarasota and/or Manatee CountiesInitiate the Initiative actions and activities that Impact100 SRQ will fund within the 24-month grant period that begins when the Grant Agreement is signed by all parties. Requests for funding must be submitted within 30 days of the end of the grant period. Have both the total initiative budget equal to or greater than the full Impact100 SRQ grant amount, and the total initiative budget allocated to Impact100 SRQ equal to the grant amount. Grant initiatives submitted with budgets over the Impact100 SRQ grant amount must show the ability to fund the entire initiative. To demonstrate the ability, we require documentation to support the funds that are committed.If the initiative is an expansion of an existing program, the expansion must be clearly defined by:a significant increase in the population served,a broadening of the offering to a different population category ora broadening of the type of service offeringThe initiative must not be a continuation of an existing program or service offeringDemonstrate the ability to implement, maintain and sustain the initiative beyond the 24-month grant periodHave an initiative budget that itemizes the expenses that support the initiative. Only direct operating expenses will be funded. For a program expansion, only the direct operating expenses that support the expansion will be funded. Impact100 SRQ will not fund general operating expenses that support the organization's current operations and programs, overhead expenses or expenses that are based on a cost allocation. Detailed allocation of funds is required.For initiatives with expenses for existing staff, the organization must demonstrate these expenses are solely in support of the initiative by stating whether the hours and salary of the existing staff will increase, or whether the existing staff's current responsibilities will be assigned to others.Provide current quotes received from third-party vendorsFor initiatives with capital improvements or renovations to property, the organization must own the property or provide a written property lease or other valid written agreement that demonstrates the permission of the property owner to fully implement the initiative.Be designated by the applying nonprofit organization for one of the following Focus Areas:Arts, Culture & History

Ineligibility

Impact100 SRQ will not provide grants for:

• Debt reduction, operational deficits, interim funding, bridge funding or endowment funding
• Grants to individuals

Any type of arrangement whereby our grant funds are held temporarily, including arrangements whereby the funds are transferred, either partially or in their entirety, to any other person or entity for its use/benefit, or any other person or entity not described in the Grant Application
Partisan, legislative, or political activity
Initiatives not available to any person, regardless of religious beliefs or practices or any person being required to participate in any religious activity, ceremony, or service
Grant recipients of an Impact100 SRQ grant awarded in the last two grant cycles