Tuesday, December 11, 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 called the Individual Grant Designation, and can be directed to any 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 each year to a pooled fund from which we collectively award grants to nonprofit organizations serving southwestern Idaho. IWCF awards grants in the counties of Ada, Adams, Boise, Canyon, Elmore, Gem, Owyhee, Payette, Valley and Washington to nonprofit 501(c)(3) organizations, educational institutions, and tax-exempt religious entities.

In the 2018-2019 Grants Cycle, we will be awarding at least six grants: one $20,000-$30,000 grant in each of our five Annual Interest Areas, and one $50,000-$60,000 Above and Beyond Grant that specifically addresses needs in rural communities.  Our five Annual Interest Areas include Cultural Arts, Education, Environment, Financial Stability, and Health.

Each of the six grants will be assigned an evaluation committee, who will meet regularly and work to identify giving priorities and evaluate each submitted grant proposal. The full Grants Committee will meet at several stages in the process to guide participants from one step to the next, and to ensure consistency across all interest areas. Each evaluation committee will select 3-4 proposals for a site visit. After site visits, the Grants Committee recommends two projects per interest area for placement on the member ballot.

Ballots are sent to the entire IWCF membership each spring for a vote on final funding decisions. At least one grant will be awarded in every Annual Interest Area, and one Above and Beyond Grant will be awarded. Occasionally, we are able to fund additional grants; this is dependent on the size of IWCF’s pooled fund in Spring 2019, as well as the amount of funding sought by the proposals on our ballot.

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 our funding criteria. Awards are typically disbursed in installments in May and December.

The Grants Committee is open to all IWCF members, who are encouraged to participate in the grants cycle that begins in January and ends in May. For more information on the grants program or to join the Grants Committee, please contact our grants committee chair.

A printable overview of IWCF Grants is available here.