Frequently Asked Questions We know that both donors and grant applicants will have a number of questions about the process. We've addressed some of your questions below, and will continue to add to these as we progress. Please get in touch if you have more questions
How can I apply for a grant?
If you are interested in applying for a grant in 2024. Applications can be made here from 5 May to 5 July. You can preview the application questions here . We will be hosting an information session for potential grantees on Zoom on 21 May 12:30 - 1:30pm. At this event we will be sharing more information about Impact100, the grant process and assessment criteria, and hearing grant seeking tips and advice from a professional grant writer.You can register for this event here .
Why is only one grant awarded?
We offer a single grant each year of $100,000, but if our fundraising in 2024 reaches $200,000 or more, we will award two $100,000 grants. We make large grants rather than several smaller grants, because we want to have an extraordinary impact on the receiving not-for-profit organisation and the communities it serves.
What about the finalists that don't get selected?
We believe that finalists will benefit from raised public profiles with our donor community. They’ll also be offered coaching from us on pitching for funding. If we raise more than our target funding for the year, we distribute the excess funds raised equally between the remaining finalists. In 2022, for example, unsuccessful finalists each received $17,000.
What are the grant objectives?
Our cause area is decided each year and will be listed on this webpage. Impact100 Sydney will consider applications for projects that: 1. Provide a meaningful and measurable benefit to the sector of the community in the nominated cause area. 2. Target these specific communities within the greater Sydney region, for a defined duration and with measurable goals. 3. Demonstrate ongoing benefit to the community and or the organisation’s sustainability.
Is my organisation eligible to apply for your grant?
Applications are open to charitable organisations that: - Have Deductible Gift Recipient 1 (DGR1). To confirm your DGR 1 status, enter your ABN at this link - Have an annual revenue under $5 million (excluding in-kind and pro-bono). - Conduct projects within Greater Sydney and that benefit Sydney-siders. Applications are welcome from eligible charities from all states and territories of Australia. For more details on our eligibility criteria please click here.
Why won't we be considered for funding?
Expenditure that will not be considered for funding includes: - Debt reduction or operational deficits - Fundraising activities or events - Religious organisations where the grant is intended for the principal benefit of the organisation’s own members or adherents, or where the grant is intended for inherently religious activities - Legal expenses - General construction, capital campaign or renovation that is unrelated to a specific proposed project or programtravel outside Australia - Activities that are funded by the Government or other relevant bodies.
When do applications open and close?
Applications for the annual grant round open on the 5th of May and will close at 5 pm on the 5th of July