Each year, IMPACT 100 Owensboro funds projects with high potential for positive community impact. Grant funding comes from member contributions, and each contributing member of IMPACT 100 Owensboro may vote to select the funded projects.
The IMPACT 100 Owensboro grant process begins in late March of each year. On March 30, 2017, Impact 100 Owensboro will conduct a grant writing workshop for non-profit organizations in the Greater Owensboro area. This session provides both general information about preparing effective grant applications and specific information on the IMPACT 100 Owensboro grant process. IMPACT 100 Owensboro members will be trained to serve as chairs of and members of the focus groups on May 11, 2017, to understand the processes required to review the grant applications.
All grant applications are due June 1, 2017, at 5 p.m.. The applications are distributed to five focus groups. From the end of May until mid August, the focus groups of IMPACT 100 Owensboro review the applications, debate the merits of each, conduct site visits, and narrow their choices. At the end of the review process, each of the focus groups may choose a finalist. The finalists will be announced on August 21, 2017.
In September, a written summary of the applications of the five finalists is sent to the entire IMPACT 100 Owensboro membership along with a schedule of opportunities for site visits. All members are encouraged to become familiar with each organization’s proposal and its potential impact on the community.
At the annual meeting on October 19, 2017, IMPACT 100 Owensboro members hear a short presentation by each of the finalists. Those members present then vote preferentially for their choices. Absentee ballots are also accepted in advance of the annual meeting/dinner. The votes are immediately tabulated by a independent CPA, and the IMPACT 100 Owensboro grants of $100,000 and all residual grants are awarded at the end of the evening.