Organizations eligible to apply for an Impact100 Owensboro grant must be:
Tax exempt under Section 501(c)(3) of the Internal Revenue Code, independent of a financial sponsor (local affiliates may apply under the 501(c)(3) of the national organization).
Located in and serve residents of Greater Owensboro Area.
Proof of good standing and current registration with State of Kentucky Secretary of State.
Must submit a proposal for a project or program that is implemented in or serves residents of the Greater Owensboro Area. The NextGen grant application must include a benefit to young people in our community.
Cannot discriminate based on religion, race, ethnicity, sexual orientation or gender.
Must demonstrate sustainability and community support, which may be evidenced by public donations, volunteerism, and utilization of the organization’s facilities and/or programming.
A past recipient of an Impact100 Owensboro $100,000 Grant (individual recipient or collaborative partner) must wait 3 years to reapply. Past recipients may apply for the Residual and/or NextGen grant without waiting.
A past recipient of an Impact100 Owensboro Residual Grant may apply the following year for any of the grants.
A past recipient of an Impact100 NextGen Grant may apply the following year for any of the grants.
An agency may submit only one grant per year to Impact100 for EITHER the $100,000 grant OR the Residual Grant. The Next Generation (NextGen) grant is a separate grant and can be applied for within the same year as the $100,000 or Residual Impact100 grants, but the Grants must be completely separate, individual projects and cannot be contingent upon each other nor overlap in any way.
A proposal must be for the full grant amount. The project’s total budget may exceed the grant; but if so, the grant application must indicate how the remaining funds will be secured.
An organization must expend the grant within 24 months of award.
Any portion of the grant funds used for Endowment purposes by the agency shall remain in principal for at least six years.
The project may be a new program, an expansion or modification of an existing program, or a collaborative effort of several agencies.
The grant recipients must sign a contract with Impact100 Owensboro which spells out the agency’s responsibilities for disbursement of funds.
Grants will not be provided for:
General operating expenses or overhead (i.e. if your agency provides books, the Impact100 Owensboro grant cannot be used for books; current staff salaries; utilities; etc.)
Partisan, legislative, political, or religious activities.
Repayment of previously incurred debt.
As we continue to grow and evolve, Impact100 Owensboro reserves the right to change its eligibility criteria without notice at any time.