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Welcome!

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  1. Welcome! Wayne County Foundation Challenge Match Initiative

  2. When We Last Met … • Changes to Discretionary Grantmaking • Abandon Traditional Program Categories • Two Competitive Cycles, Not Three • New Eligibility and Dollar Limits • Challenge Match Initiative with Structure Similar to 2011 Impact Grant

  3. At That Time … • Challenge Match Details Were Not Final • Very Few Restrictions • Program or Operating • Expected Many Organizations to Qualify • Match Period and Dollar Limits TBD • AlmostEverything We Discussed is Still True

  4. Since Then … • Discussed Further by Foundation Board • Convened Task Force • Foundation Board Members and Previous Board Members • Representatives of Grantee Organizations • Foundation Staff • $150,000 Approved by Foundation Board

  5. Now … More Clarity • Goal of Promoting Philanthropy and Providing Grantees with an Effective Development Tool Now More Focused • Emphasis on Securing New Donors and Increasing Gifts from Current Contributors

  6. Now … More Clarity • Participating Organizations Selected • Qualified Wayne County Charity or Fiscal Sponsor Partnership • Interest in Participating • Benefits to the Community • Stated Goals for New and Increased Gifts

  7. Now … More Clarity • Match Goal Eligibility Based on Current Year Local Operating Expenses • Up to $5,000 for Organizations < $200,000 • Up to $10,000 for Organizations >=$200,000

  8. Now … More Clarity • Match Period: October 29 – November 9 • Qualifying Gifts Limited to $1,000 per Gift per Donor per Organization

  9. Now … More Clarity • 1:1 Match up to Stated Match Goal • Contributions from First-Time Donors • Increases in Gifts from Current Contributors • Cash Contributions Only – No Pledges

  10. Now … More Clarity • Bonus Match will Distribute Unallocated Match Dollars to Organizations that Exceed Stated Match Goals • Prorated Basis • Up to Level of Overachievement

  11. Now … More Clarity • Verification • Spreadsheet Summary • Copies of Thank-You Letters • Gifts Received and Processed by Participating Organizations at their Locations • Foundation’s Online Giving Option Available

  12. Now … More Clarity • Key Dates • August 16 – Application Deadline • September 20 – Participants Notified • Match Period = October 29 to November 9 • All Distributions Made This Year

  13. Now … More Clarity • Application Details • Cover Page and Up to 2-Page Narrative • What is Your Plan • How You Will Achieve It • Why it is Important • 1-Page Current Year Local Budget Summary

  14. To Recap … • $150,000 Challenge Match Initiative • Emphasis on New Donors and New Dollars • Foundation Dollars Triggered by Community Participation in 12-Day Match Period • No Particular Restrictions as to Purpose • Match Goals Aligned with Budget Size • Bonus Match Possible for Overachievers

  15. Questions?

  16. Thanks for Coming! Join Us for the Next Nonprofit Networking Luncheon Tuesday, July 24 at Ivy Tech Sign Up by Friday, July 20!