IMPACT 100 Jersey Coast to Fund $456,000 in Nonprofit Projects

Impact 100 Jersey Coast, a grant making collective, recently closed its fifth annual membership drive with a record 456 members – and $456,000 in available grant funding for Monmouth County nonprofits. This year will bring total funding by Impact 100 Jersey Coast to more than $1.6 million in just five years.

The all-volunteer group, which provides grants of at least $100,000 to fund high-impact projects, will collectively select four nonprofit organizations to receive a transformational grant of $114,000 each this fall.

“This is a moment when our community needs us more than ever. Thanks to the support of our members, our collective dollars now represent a lifeline to our local nonprofit community,” said Heather Burke, Vice President and Co-founder of Impact 100 Jersey Coast.

The Impact 100 Jersey Coast 2020 grant process is now open. As a first step, interested nonprofit organizations serving Monmouth County should visit Impact100JerseyCoast.org to review the guidelines and submit an eligibility form by May 15th. Once eligibility is confirmed, applicants will receive a link to complete the application, which is due on or before June 1st.

“We are committed to being responsive in this current crisis by leveraging our philanthropic group of women and adapting our grants process to best serve our nonprofit community. We’re providing our members, and community at large, with practical and meaningful ways to help by updating nonprofit wish lists on our website with urgent COVID-19 items. Most importantly, in addition to our traditional approach of funding new or expanded projects, we are welcoming proposals to strengthen or sustain projects  given that applicants may have different/higher general operating needs or unforeseen budgetary expenses due to COVID-19” said Grants Chair Rowena Crawford-Phillips.

Upon completion of Impact’s member-run grant review process, finalists will present their proposals for the final vote by the wider Impact membership this November. The group’s hands-on approach to giving emphasizes its maxim: one woman, one donation, one vote.

“At a moment when we are acutely aware that we are all in this together, Impact is a reminder of just how much we can accomplish together. When we combine our donations, time, and talent in the service of those most in need we can help transform and heal our community,” stated Deirdre Spiropoulos, President and Co-founder of Impact 100 Jersey Coast.