Thursday, June 21, 2018

Positive Change Through Thoughtful Giving

Grant Program Overview

IWCF Members are informed investors. We learn about the community’s greatest needs, and through pooled investments and individual designations, direct our giving to make the greatest impact in the areas important to us collectively and individually.

IWCF donates money to nonprofit organizations recognized by the IRS. Members commit $1,100 annually. $500 is credited to the pooled fund for the grants process; another $500 is directed to the nonprofit(s) of the member’s choice as a single $500 donation or in two designations of $250. The remaining $100 is used for annual administrative expenses.

Pooled-Fund Grants

IWCF members contribute dues each year to a pooled fund from which we collectively award grants to nonprofit organizations serving southwestern Idaho.

The Grants Committee is open to all IWCF members, who are encouraged participate in the grant cycle that begins in January and ends in May.

The committee researches grant proposals in five interest areas: Cultural Arts, Education, Environment, Financial Stability, and Health. IWCF awards grants in southwestern Idaho to nonprofit 501(c)(3) organizations, educational institutions, and tax-exempt religious entities.

A work group convenes in each interest area to identify giving priorities and evaluate the submitted grant proposals. The Grants Committee meets at several stages in the process to guide participants from one step to the next. Each interest area group selects 3-4 proposals for a site visit. After site visits, each interest area recommends projects for the Grants Committee to place on the member ballot.

Ballots are sent to the entire IWCF membership each spring for a vote on final funding decisions. The number of grants awarded and the total amount awarded depend on the size of IWCF’s pooled fund and the amounts sought by the finalist proposals.

IWCF funds broadly. Funding is not limited to women’s causes, but rather to impactful and innovative projects that IWCF members have determined best meet its funding criteria. Awards are typically disbursed in installments in May and December. For the 2017-18 grant year, IWCF is offering one and two-year grant options in a range of awards for $20,000 to $30,000.

For more information on the grants program or to join the Grants Committee, please contact our grants committee chair.