If you are considering joining Indian River Impact 100, you may have a lot of questions.
Who are the members of Indian River Impact 100?
Indian River Impact 100 is a group of women with diverse backgrounds who contribute $1,000 to maintain their membership in any given year which runs from May 1 – April 30. Indian River Impact 100 is open to all women who wish to help the Indian River County area.
What is expected from the individual members of Indian River Impact 100?
Indian River Impact 100 has no requirements regarding a woman’s participation in the organization. If a woman has time constraints, she contributes her $1,000 and attends the Annual Meeting to choose the grant recipient(s) for that year or she may vote by absentee ballot. However, if a woman has the time and desire, she can be an active member by serving on a committee and/or grant review panel (see Volunteer Opportunities) Each member’s participation depends on her personal situation and may change from year to year.
How does Indian River Impact 100 award its grants?
Indian River Impact 100 has a very specific process, which is implemented by the individual members of Indian River Impact 100. Our goal at all times is to keep the process fair and objective. Members are involved in the grant process as follows:
- Creation of Grant Review Panels: Impact 100 members may choose to volunteer to participate on one of several panels. Each panel is comprised of 10 members who review the grant applications. This is a great way to meet other philanthropic women.
- Review of Applications: Each panel member reads the grant applications assigned to her panel. Site visits are also arranged, in which 3-4 panel members visit each organization applying for the grant. Group discussion in the panel then focuses on the grant application, the site visit and the organization’s financial information.
- Selection of Finalists: The grant review panels choose which applications should be “elevated” to a final review by the Impact leadership team. The elevated applicants are then presented to the membership at large as candidates for one of the annual grant awards which will be selected at the Annual Meeting in April.
- Annual Meeting Presentation and Voting: Written summaries of the finalist grant applications are sent to all Impact members by mail. At the Annual Meeting in April, each finalist organization has the opportunity to make a brief presentation. All presentations are timed equally and no one is allowed to use multimedia to assist with the presentations.
After hearing the presentations of the finalists, each member votes on the ones she believes should be funded. Each member is entitled to one vote per grant available. While members relax with cocktails, the votes are tallied up by an independent Certified Public Accountant. The grants are announced as soon as the votes are counted and verified. It is an incredibly exciting time and all members are encouraged to be there to hear the results. Members who cannot attend the meeting can vote by absentee ballot.
How does Indian River Impact 100 stay in touch with its members?
Indian River Impact 100 uses email as its most common means of communication. Members without access to personal email receive notification and communication and the e-newsletter through the USPS. Indian River Impact 100 does not share membership lists or member information for any reason.
How does Indian River Impact 100 pay its administrative costs?
Impact 100 has no dedicated employees or office space, and volunteers do much of the administrative work. However, our growth over the years has necessitated some part-time, contracted administrative support for specific tasks such as the membership database, processing reservations, and preparing member invoices. In addition, there are expenses for printing, postage, member events, website, and communications – all the usual expenses of running an organization of over 400 members.
Out-of-pocket costs associated with all these activities are carefully monitored, and budgets are prepared and tracked for each event and committee. Out-of-pocket costs are paid for by sponsorships and voluntary member donations.
We are fortunate to have sponsors for our events. These local companies help support the cost of renting a facility and serving refreshments. We are grateful to these companies for supporting our work – click here to see who they are.
Voluntary donations by Impact members are a critical source of funds for administrative costs. As a member, your membership dues of $1,000 are required; any additional contribution is optional and very helpful. Many Impact members contribute an extra $50, $100 or more each year, and these contributions all go toward administrative costs.
What is Impact 100's Membership Year?
Our membership year runs from May 1 through April 30.
Benefits of Joining Early in the Cycle
Secure a position on a committee by joining or renewing early. Dues must be paid by February 28th to cast your vote at the Annual Meeting.
Are there any added benefits from Indian River Impact 100′s work?
Over the years we have seen tremendous “unexpected” benefits from our efforts. Nonprofits have received small and large financial gifts (outside of our grant process) and publicity as a result of increased awareness of the nonprofit’s work. Indian River Impact 100 members have become actively engaged with nonprofit organizations, through board positions, assisting with special projects such as fundraising or special events beyond the actual grants awarded by Indian River Impact 100.
A Copy of the Official Registration and Financial Information May Be Obtained From the Division of Consumer Services by Calling Toll-free (800-435-7352) Within the State. Registration Does Not Imply Endorsement, Approval, or Recommendation by the State of Florida.
Impact 100 Indian River
We are women who collectively impact the lives of individuals and our community through transformational giving.
Registered Charity: CH-59372
PO Box 643425
Vero Beach, FL 32964