Overview
What is Impact100 Westchester Inc?
Impact100 Westchester Inc is a dedicated nonprofit organization based in Hartsdale, New York. Their primary mission is to collectively fund grants for local charitable initiatives, fostering women's involvement in philanthropy. They achieve this by gathering annual contributions from their members. The organization rigorously evaluates grant proposals, highlighting various worthy charitable organizations. Upon an annual meeting, grants are awarded based on the collective votes of the membership, and a legal agreement is established for each project grant. The agreement includes specific terms for fund distribution, reporting requirements, and spending. Regular reporting and monitoring continue throughout the grant period. Operating grant recipients can utilize smaller amounts for their operational expenses. Approximately six months after receiving the operating grant awards, Impact100's non-profit advisor contacts the nonprofit for an update on the grant's usage.
Official website here: www.impact100westchester.wildapricot.org
Is Impact100 Westchester Inc legitimate?
Impact100 Westchester Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact100 Westchester Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.impact100westchester.wildapricot.org
What is the mission statement of Impact100 Westchester Inc?
Impact100 Westchester Inc's mission is to collectively fund grants for local charitable initiatives and engage women in philanthropy. They solicit and conduct a rigorous review and evaluation of grant proposals, raising awareness of numerous worthy charitable organizations. The organization awards project and operating grants based on member votes at the annual meeting, with a detailed legal agreement for each project grant. Funds must be spent as specified in the approved project grant agreement, and regular reporting and monitoring continue throughout the grant period. Operating grant recipients can use the smaller amounts for their operational expenses, and Impact100 contacts the non-profit for an update on the award's use approximately 6 months after the award is received. All grant applicants are thoroughly vetted by various committees to ensure their non-profit activities align with Impact100's mission.
Official website here: www.impact100westchester.wildapricot.org
Who is the CEO of Impact100 Westchester Inc?
Melinda Ganeles is the Co-President of Impact100 Westchester Inc.
Official website here: www.impact100westchester.wildapricot.org
What is the revenue of Impact100 Westchester Inc?
Impact100 Westchester Inc's revenue in 2023 was $349,949.
Official website here: www.impact100westchester.wildapricot.org
Who are the executives of Impact100 Westchester Inc and what are their salaries?
There 267 volunteers at Impact100 Westchester Inc.
Here are 7 key members and their salaries:
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Official website here: www.impact100westchester.wildapricot.org
Where can I find the form 990 for Impact100 Westchester Inc?
Impact100 Westchester Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.impact100westchester.wildapricot.org
Learn more at the official website: www.impact100westchester.wildapricot.org
Mission Statement of Impact100 Westchester Inc
Impact100 Westchester Inc is an organization dedicated to collectively funding grants for local charitable initiatives and engaging women in philanthropy. Their primary source of revenue comes from annual contributions from its members. The primary mission of Impact100 Westchester Inc is to review and evaluate grant proposals from various charitable organizations, raising awareness of these worthy causes. They achieve this by soliciting proposals, conducting a rigorous review process, and ultimately awarding project and operating grants based on member votes at their annual meeting. The project grant agreements include specific terms for the timing and reporting requirements related to the distribution of funds, ensuring that the funds are spent as specified. Regular reporting and monitoring of the project and related expenditures continue throughout the grant period. Operating grant recipients can use the smaller grant amounts for their operating expenses, with Impact100 Westchester Inc following up with an update on the use of the award approximately six months after the award is given. All grant applicants undergo thorough vetting by various committees to ensure that their nonprofit activities comply with Impact100 Westchester Inc's mission.
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Impact
October, 2024
Impact100 Westchester Inc has significantly influenced the local community by collectively funding grants to various charitable initiatives while actively engaging women in philanthropy. This organization empowers its members by pooling resources and distributing funds based on a democratic voting process during its annual meeting. Each grant—whether a project or operating grant—goes through a meticulous evaluation and vetting process to ensure it aligns with community needs and the organization’s mission.
The impact is multifaceted: grantees receive critical financial assistance with clear terms for fund usage, facilitating transparency and accountability. Regular reporting and monitoring ensure that funds are utilized effectively, fostering trust between donors and recipients. Additionally, the initiative raises awareness about diverse charitable organizations, encouraging a culture of giving and philanthropy among women in the community. Through its structured and rigorous grant-making process, Impact100 Westchester Inc not only supports local initiatives but also cultivates a network of engaged and informed philanthropists.
This information is meant to be a general summary of Impact100 Westchester Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $14,098
- Gross Receipts: $349,949
Assets and Liabilities:
- Total Assets: $599,054
- Total Liabilities: $406,914
- Net Assets: $192,140
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Organization Details
Founding Year
2012
Phone
(914) 582-0850Principal Officer
Melinda Ganeles
Main Address
PO BOX 634, HARTSDALE, NY, 105300634
NTEE Category
Code: T30 - Philanthropy
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