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Over the Moon! On Behalf of the Board of Directors
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It is times like this in which I could not be more honored to be part of this collective: a group of women whose passion is activated through philanthropy to build a thriving community. In case you haven't heard, the September 13 Annual Awards Celebration was an amazing celebration of our six grant finalists at Music Hall.
After awarding four Grant Recipients at the event, we were made aware of a voting error.
The Board of Directors came together and unanimously determined the most appropriate resolution: in fairness to the quality of all finalists and in honor of our philanthropic mission & commitment to integrity, Impact 100 would award each of the six finalists with a $104,000 grant.
We agreed to this because it was the right thing to do, but we did not have the funds to actualize this decision. 100% of our member contributions were already committed. It was like deciding to go to the moon without a rocket.
This is the power of Impact.
We are humbled by this generous response that shows trust and the credibility of Impact 100's grant review process that our valued members make possible.
What an amazing opportunity: to invest $624,000 in six deserving and well-vetted Grant Recipients
($208,000 from the foundation plus $416,000 pooled by members!) who are welcoming immigrants, providing meals for the food insecure, developing new job training for those with employment barriers, creating safe spaces for diverse children to play, engaging foster youth in the outdoors, and ensuring dignified health care for people experiencing homelessness.
Thank you for your faith and trust. We are proactively answering a few questions below to continue to build your faith and trust in our organization. Your outpouring of positive responses to this generosity has exuded the spirit of philanthropy in Impact 100 that brings me hope.
Let's keep shooting for the moon! Save the date and join us in celebrating EACH of our six 2018 Grant Recipients at the November 27th Giving Tuesday event.
Share the impact; this ripple certainly started because of you and keeps going, thanks to YOU!
Clare Zlatic Blankemeyer
President | On Behalf of Impact 100 Board of Directors
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Congratulations to Six 2018 Grant Recipients!
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Join us in celebrating SIX Grant Recipients! Read more about their funded initiatives online here. We look forward to highlighting and celebrating each of these nonprofits at Giving Tuesday on November 27. Please save the date!
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Annual Awards Celebration: 2018 Q&A's
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As noted above, we are committed to openness regarding the 2018 Annual Awards Celebration voting error that resulted in the best possible outcome: awarding six grants of $104,000 each! Please find a few questions and answers below.
$208,000 was secured quickly; that is half of the funds that nearly 500 women pooled together for 2018 membership. How do you explain this?
It is because of the collective wisdom of Impact 100. Because of the financial vetting process of the membership. Because of Impact 100's overall grant review process that the foundation stepped forward to ensure each of the qualified Grant Finalists could be awarded a $104,000 grant! The hard work of women members and 2,000+ hours of due diligence, discussion, site visits, and financial review leading up to the Annual Awards Celebration should - in no way - be disregarded. It is because of these efforts - and the belief in the Impact 100 model - that the donation came forward in ensuring support of all six nonprofit organizations.
Can you explain the voting error?
The Annual Awards Celebration final vote and voting allocations remains highly confidential and has never been released to the membership or the Board of Directors in our organization's history. The results remain confidential as overseen by the third-party auditor. The grant recipients are randomized and announced in no particular order at the Annual Awards Celebration. When the voting error was identified early on September 14, this confidentiality was upheld to the highest regard and we were simply alerted that there was an error. We named it: a voting error. We claimed it & worked to find an appropriate resolution given the quality of each of the six Grant Finalists. Each organization was unanimously approved by the Board of Directors in June and was above capable and competent to receive Impact 100 funds; now, each will! Each of the Grant Recipients will engage in an Impact 100 Grant Agreement moving forward.
What is being done to ensure this will not happen again?
This most important task in tabulating the membership vote is done with great care. The Board of Directors will ensure all steps are taken to mitigate this year's error. After approaching a variety of community members who could assess voting protocols, Divisional Vice President at Touchstone Investments, Ben Alge, has come forward to develop a detailed recommendation for future voting. Ben's experience in assessing people, process, systems, and technology was the perfect skill set to expediently, professionally, and confidentially recommend best practice moving forward. Ben notes:
"I specialize in building effective and repeatable processes in my work in financial services. I'm committed to ensuring the integrity of this process today & in the future."
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Over the Moon With Gratitude
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Impact 100 has been overwhelmed with letters of gratitude for the anonymous, local foundation who stepped forward with $208,000 to ensure all six Grant Finalists received a $104,000 grant!
We created a webpage
to highlight a small portion of what the community has to say - both in thanksgiving to the donor and regarding their faith in Impact 100 to continue to serve the community in a significant way.
Please take a look!
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Your membership really counts!
Our members have touched nearly 300,000 lives over the past 17 years. We hope that you are excited about the Impact we've had together, and about the prospect of continuing this Impact on our community next year.
If you haven't already done so, please consider renewing your membership or joining
Impact 100
NOW
for the 2019 membership year.
Simply click
HERE
to join or to renew for 2019. Let us count you in too!
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Spotlight on Two of our Recent Grant Recipients!
First Step Home
2017 Grant
Recipient
Going into year 2, the Impact 100 grant has allowed
First Step Home to adjust the initial assessment process to make sure women entering the program have a good chance for success in keeping their babies at the time of birth, enhance security by adding cameras and strengthen the internal capacity of staff for the program.
See the full report
HERE.
Women's Crisis Center
2016 Grant Recipient
2700 students with Green Dot Training and certified eight additional Green Dot instructors. One of the greatest continuing successes of this funding is the opportunity to implement a sustainability plan which is equipping schools and communities to take a more collaborative role in Green Dot implementation and ultimately expand to a great number of high schools long-term.
See the full report
HERE.
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2018 Calendar of Events - Save These Dates!
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Mark Your Calendars for the Following Upcoming Events:
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October 24
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| October 25 |
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Volunteer Appreciation |
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November 6
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Kitchen Table Revival - Part 2
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| November 8 |
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| November 27 |
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Giving Tuesday - Performance Lexus RiverCenter 6pm - 8:30pm |
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December 4
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Kitchen Table Revival -Part 3
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Let's Get Social!
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Contact Us |
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| Impact 100
4010 Executive Park Drive, Suite 100
Cincinnati, Ohio 45241 |
Phone: 513-554-3065 Fax: 513-563-9743 Email: [email protected] Website: impact100.org |
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