Why does Impact 100 Palm Beach County give a $100,000 lump sum to a single organization?
We want to pool our member’s resources to make an extraordinary impact. By funding a large grant, we can make a big impact in a selected area. In addition, when a nonprofit pieces together $100,000 from several grants, the nonprofit incurs reporting and administrative requirements for each of those grants. By giving one large grant, we can have more impact and keep costs low for the grant recipient.
How is it possible that 100 percent of my contribution goes to the grant recipient? How are administrative and membership recruitment expenses covered?
To cover our administrative costs we each pay a $50 membership fee and we seek sponsorships, donations from friends of Impact 100 Palm Beach County (employers that match employee donations, men and others donating less than $1,000) and grants from private foundations. In addition, we seek donations of professional services.
Why is the required donation set at $1,000?
We believe this amount ensures member commitment. It also keeps the cost of raising money for our grants low. To raise $100,000 through miscellaneous donations of $100 each would mean recruiting many more members at a greater cost. These higher costs would mean less money for the people who need it most — the grant recipients and the people they serve.
Is my donation to Impact 100 Palm Beach County tax deductible?
Yes. Impact 100 Palm Beach County is a fund of the Community Foundation of Palm Beach and Martin Counties and donations to the fund are tax deductible.
How do you decide who gets the grants?
Each year, we send out a call for grant applications from five areas: arts and culture, education, environment, family, and health and wellness. We form five committees, one for each area. An Impact 100 Palm Beach County member who has been trained in facilitating the grant review process chairs each committee that is made up of our members. The committee accepts and evaluates grant applications – by researching and visiting applicants – to arrive at the finalists. We deliver information on the finalists to each Impact 100 Palm Beach County member for review. Then, we hold a member meeting where the finalists give a short presentation. At that meeting, members deliver a final decision by vote with each woman having an equal voice of one vote.
What are my obligations if I join?
Our only requirement is a $1,050 donation ($1000 and $50 membership fee). Of course, we hope you’ll take the time to make an informed decision when you vote for a grant recipient. In addition, you have the option to serve on one of the committees that evaluates grant applicants. However, it is not a requirement.
How long is my membership valid?
Each $1,050 donation provides membership for the current grant year. Membership continues year-to-year as long as we receive your $1,050 annual donation by the established annual deadline.
Do I have to live in Palm Beach County, Florida to join?
No. Members can live anywhere.
What role is there for me if I can’t make the $1,000 contribution?
You can become a friend of Impact 100 Palm Beach County and play a very important role in our organization. We use donations of less than $1,000 to cover our administrative costs. If we receive more money than we need to cover our administrative costs, our board of directors has the discretionary power to add that money to the grant funds.
I have a male friend who is interested in Impact 100 Palm Beach County. Can he participate?
Men can participate directly as a friend of Impact Palm Beach County, or they can encourage the women in their lives to participate as members.
I want to give more than $1,000. Do I get more than one vote?
No. Every member gets one vote even if they give more than $1,000. Any amount given over $1,000 goes first to offset administrative costs. If we receive more money than we need to cover our administrative costs, our board of directors has the discretionary power to add that money to the grant funds.
Can I make an in-kind donation of services or products to cover my $1,000 donation?
No, however we do accept in-kind donations to offset our administrative costs.
If I’m unable to attend and vote at the annual meeting, can I still cast my vote?
Yes. Although we strongly encourage attendance at the meeting, you can vote by absentee ballot. Prior to the annual meeting, every member receives information on each finalist in the five focus areas. Included in this information is an absentee ballot and instructions on how to cast your vote before the meeting if you’re unable to attend.
My company matches funds for charitable donations. Can I give $525 and have my company match it to make my total $1,050 donation?
Yes. However, membership becomes effective and voting rights accrue when the entire $1,050 is received by Impact 100 Palm Beach County. Additionally, membership will accrue only to the individual. Companies will not receive any voting or other membership rights.
Will you accept memberships or gifts charged on a credit card?
Yes! We accept online and credit card contributions, however an administrative fee is charged for the service.
Who is on the Board of Directors, and what is their role?
The women on the Impact 100 Palm Beach County Board have diverse backgrounds, but are all focused on the mission of Impact 100. The Board is described as a “working board” since there are no paid employees, and the mission of the organization is carried out via the Board and the Impact 100 members.
Are there any added benefits from Impact 100's work?
Other communities have seen tremendous “unexpected” benefits from the efforts of their Impact 100 organization. Nonprofits have received donations outside of the grant process as a result of increased awareness of the nonprofits’ good work. Impact members have become actively engaged with nonprofit boards, taking on the responsibility of serving on a board or assisting with special needs/projects, such as fundraising or special events beyond the actual grants we award on an annual basis.
How is Impact 100 PBC affiliated with other national Impact 100 groups?
Impact 100 Palm Beach County is the fifteenth Impact 100 program in the U. S and the 3rd in the State of Florida. The original organization was in Cincinnati, Ohio. Some of the other Impact 100 programs formed prior to ours are: Pensacola, Vero Beach, Indianapolis, Philadelphia, Baldwin County, Alabama, Oklahoma, Sonoma and Austin, Texas. We do not pay fees or have official ties or obligations to any other Impact 100 program.