News: Record totals for 2020 members and grant funds

December

News

Record-breaking numbers for 2020

We're excited and awed by the many women who have joined Impact100 for the coming year: 451 members! Together, we'll award $424,000 in grants to six organizations in 2020. Wow! As we wrote to members last week:

Collective giving is a model that works; we believe that's why it appeals to so many of us. It empowers each of us to give more, make more of a difference, and contribute more effectively to vital programs and people in our region.

Impact100 Philadelphia's 2020 members range in age from 21 to at least 87 , and live throughout the five-county Philadelphia region and South Jersey. Many members live outside the region but want to support Philly nonprofits and choose to do so through Impact's collective grants and relying on local members' collective wisdom.

We're pleased that a very high percentage of last year's members renewed (over 80%) and the jump in new members is among the highest we've ever had (an increase of more than 30%). The number of Young Philanthropists (members 35 and younger) increased more than 40%, and we now have 54 Young Philanthropists among our 451 members.

Letters of Inquiry are in & the grant process begins

We thank the many nonprofit organizations that submitted Letters of Inquiry by our deadline last week. Impact's grant process now moves forward swiftly with our LOI committees' review of applications over the next few weeks. Organizations invited to submit a Full Proposal will be notified mid-January, and the review of those proposals takes place from February to May, including site visits to some organizations in March and April.

Thanks to so many members joining this year, Impact100 Philadelphia will award six grants at the Annual Meeting on June 1, 2020. The six organizations selected as finalists in May will receive core mission grants of $100,000 or operating grants of $50,000 or $37,000. Grantees are determined by a vote of our members, either in person on June 1 or by absentee ballot.

Key Dates

MEMBERSHIP DATES & EVENTS

Now to Jan 8: If interested, sign up to serve on a Focus Area Committee - see Dec 13 member email for details

Jan 11: Get To Know Impact event especially for new members, but all are welcome - invitation coming today

Jan 27: Grant Process Training program especially for members new to the grant process, but all are encouraged to attend - invitation coming in January

EVENTS COMING THIS SPRING

These programs are open not only to members but also to women interested in learning about Impact100. Watch our Events page for details.

Date TBD: Spring Education Program

Jun 1: Annual Meeting

Impact's outstanding grantees

As the year draws to a close, we want to recognize Impact100's outstanding grantees from recent years

You make our city and region a better place. Thank you!

Please visit Impact100's website to read more about these and other grantees.

Would you like to tell others about Impact100 Philadelphia?

Impact100 Philly's growth is due to our members' enthusiasm for collective giving.

If you'd like to tell others about our organization, please feel free to forward

this newsletter - and we thank you for spreading the word!

Impact100 Philadelphia | info@impact100philly.org | www.impact100philly.org