Grants of $100,000 available to NFPs helping young people
IMPACT100 Sydney North are calling for 2018 Expression of Interest Applications
IMPACT100 Sydney North has opened applications for a grant aimed at Not-for-Profits aiding children and young people at risk in the Greater Sydney region.
One applicant will receive $100,000 but all four finalists will benefit from raised public profiles which could potentially attract additional funding.
Chair of IMPACT100, Tina Jackson, said: “We look for projects that meet a compelling need, demonstrate high social impact and make a measurable difference.”
Applications are open to all states and territories of Australia, but must be for projects that are relevant to the Greater Sydney area’s youths.
“We have a strong preference for organisations with an operating budget of under $5 million,” the application said. “Applications from organisations with an operating budget over this amount will be accepted at the discretion of the Committee.”
Funding will not be considered for general operating expenses, debt reduction, salaries, fundraising activities or events, religious organisations where the grant is intended for inherently religious activities, travel, construction and legal expenses.
Eight shortlisted candidates will be invited to submit a detailed application, from which four finalists will be chosen. The winner will be announced November 15.
“We know from the quality and number of applications we received last year how extensive the needs are,” Jackson said. “Young people at risk is a theme that resonates strongly with our members. The issues are broad and complex.”
IMPACT100 Sydney North brings together over a 100 members who annually donate $1,000 to be given as high impact grants. All donations are fully tax-deductible and all money will go towards the grant schemes.
“We hope to exceed our target of 100 members so we can continue to give smaller grants to other finalists,” Jackson said.
IMPACT100’s membership program also extends the networking within the sector. Jackson said members gave pro bono support, adding: “the multiplier effect is huge.”
“The more members we have, the more we can give.”