Grant Eligibility Guidelines
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.