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 $1100 annually in three-year intervals. $500 is credited to the pooled fund for the grants process; the other $500 is directed to the nonprofit of the member’s choosing as a single $500 donation or in designations of $250. The remaining $100 is used for annual administrative expenses.
IWCF members contribute dues each year to a pooled fund from which they, as a collective, award grants to nonprofit organizations serving southwestern Idaho.
Individual Grant Designations
One of the unique aspects of IWCF membership is the opportunity to grant $500 of a member’s contribution to one or $250 to two organizations of your choice. As soon as you have made your annual gift you may make an individual designation. Individual Grant Designation form
A committee of IWCF members manage the annual grants program, and it researches, visits and nominates projects for a ballot from which all IWCF members select proposals to fund.
IWCF strives to select projects that will make a significant impact within the region it serves. Projects are funded in five Interest Areas that reflect the breadth of members’ interests. They include Cultural Arts, Education, Environment, Financial Stability and Health. IWCF periodically considers whether new interest areas might be served by its funding mechanisms. This spring we will be piloting a new grant to be awarded October 2016. Please see if you qualify for the IWCF Above and Beyond Collaboration Grant.
The grants process includes:
- Involving all interested members on the grants committee;
- Researching & identifying community needs;
- Researching & evaluating proposals and visiting project sites;
- Nominating qualifying finalists that will make significant impacts; and
- Tabulating votes of the entire membership, which identifies the pooled fund grant beneficiaries.
For more information on the grants program or to join the Grants Committee, please contact our grants committee chair.