Frequently Asked Questions
Note: This section will remain under construction. We will continue to update this as questions are submitted.
Q: The grant awarded to the winner of the Impact grant is $100,000. What happens to any available grant funds in excess of $100,000?
A: The remaining funds are split among the finalists, usually equally. This is determined by the Grants Committee. The funds are unrestricted and can be used for general operating.
Q: Are nonprofits eligible to submit more than one LOI if they are collaborating, but are not the lead organization?
A: No, they can only participate in or be a part of one submission to the Impact 100 Martin Grants Committee, even if they are not the lead organization.
Q: If our organization is collaborating with others, do all organizations complete an LOI?
A: No, the lead organization completes the entire LOI, and the collaborators only fill out the cover page of the LOI.
Q: On LOI application do I list organizations we collaborate with outside of the proposed project or program?
A: No, the COLLABORATION section of the LOI should only include those who are working towards the success of this specific program/project.
Q: If you win an Impact grant as part of a collaboration, but are not the the designated lead, is your organization permitted to apply for the same project/program as the lead the following year?
A: No, the same project or program is NOT eligible to be submitted regardless of who the lead is or was.
Q: If you are a grant finalist, are you prohibited from applying for an Impact grant for 3 years?
A: No, only the winner(s) of the $100,000 Impact grant are NOT allowed to submit an LOI for 3 years. However, the winner may be part of a collaborative effort with another organization taking the lead.
Q: Will startup or small organizations be considered?
A: Startup and small organizations will be considered if they meet all the criteria. They may want to consider collaborating with another nonprofit to have greater impact.
Q: Will applications from unincorporated groups be considered?
A: Unincorporated groups are not eligible to apply.
Q: Will multi-year funding requests be considered?
A: A program/project that utilizes the $100,000 grant over 24 to 36 months will be considered. However, previous recipients of the $100,000 grant may not apply for another grant for a period of 3 years.
Q: May applicants submit multiple letters of intent?
A: Each applicant organization may only submit one letter of intent.
Q: Do we need to show we have matching funds for a new project?
A: Matching funds will be viewed favorably but are not necessary.
Q: May funds be used for equipment?
A: Yes, as long as the equipment is directly connected to the proposed project/program.
Q: May funds be used for salaries?
A: Yes, as long as the salary is directly connected to the proposed project/program.
Q: May funds be used to offset administrative costs? If yes, what is the acceptable percentage of the grant that may be used?
A: It is permissible to use up to 12% of the funds requested for costs related to administrative expenses directly connected to the proposed project/program.
Q: Can I be a member of Impact 100 Martin if I work for a nonprofit organization?
A: Yes you can! Please contact us for more information.
Q: Who should I call with questions about the LOI or the grants application?
A: All questions and concerns regarding the LOI or the grant application should be directed to Robin Cartwright at The Community Foundation Martin-St. Lucie, Robin@tcfmsl.org or 772-288-3795 ext. 102