Impact100 South Jersey announced that it will award $186,000 in grants to local nonprofits as a result of it’s fall 2019 collective giving membership drive. Members gathered at Maggiano’s Little Italy in Cherry Hill on Wednesday, Jan 8th for the Big Reveal and celebration. The event was held to share the number of members who joined and the total raised for grantmaking in 2020. This brings the total funds raised collectively by Impact100 South Jersey members to $415,000 since 2017.
“The goal in our third year was to increase the number of members women over last year when 155 women each contributed $1,000,” said Membership Co-Chair Angela Venti. “South Jersey women have embraced collective giving and each year, more come together to generate transformative grants for organizations serving our region.”
Now that the fundraising total has been announced, Impact100 grant review volunteers will begin the process to award one $100,000 core mission grant and two general operating grants for $43,000 to nonprofit organizations that serve in Burlington, Camden, Gloucester or Cumberland Counties. Grants will be awarded in three focus areas: Women, Children and Families, Arts & Culture, and Education.
Once the grant review process is complete, members will come together again to hear from finalist organizations and vote to determine which will receive the grants at the Annual Meeting on June 10th.
“We are thrilled that our initiative continues to grow,” said Membership Co-chair Lauren Regina. “Philanthropy doesn’t have to be for the extremely wealthy. This unique program allows women to give meaningfully and build relationships with others who are like-minded.”
Impact100 South Jersey is a women’s collective giving initiative that strives to recruit at least 100 women who each donate $1,000 with the intention of awarding at least one transformative $100,000 grant to a local organization. Since launching in 2017, Impact100 South Jersey has awarded a total of $229,000 to Hopeworks ‘N Camden, Big Brothers, Big Sisters of Cumberland and Salem Counties, Hispanic Family Center of Southern NJ and Ronald McDonald House of Southern NJ.