Is my donation to Impact Central Illinois tax deductible?
Yes, contributions are tax deductible. Impact Central Illinois is a non-profit organization exempt from federal taxes under U.S. Internal Revenue Code Section 501(c)(3).
How long is my membership valid?
Each $1,100 donation provides membership for the current grant year, which is 7/1 - 6/30. Membership continues year-to-year as long as we receive your annual donation by 11/15 prior to the upcoming June grant awards.
What are my obligations if I join?
There is no time commitment required for Impact Central Illinois. Our only requirements is a $1,100 donation. You have the option to serve on one of the committees however, it is not mandatory.
How is my donation distributed?
$1,000 of every donation goes directly towards funding the annual grant. The remaining $100 goes towards administrative fees and other costs to run Impact Central Illinois.
How can I host a Membership Gathering or have my company sponsor an event?
We are always looking for members to volunteer to host Membership Gatherings or provide sponsorship for our events. If you are interested please contact our Membership chair, Shelley Weaver at (309) 472-6138.
When do you award the grants?
We award the grants at our Annual Meeting in June of each year. Each member gets one vote.
What are the focus areas for grant submissions?
We will be reviewing grants from three main areas of need in the community:
- Education & Community Development
- Social Services & Basic Needs
- Health & Community Well-Being
What restrictions apply for faith-based or political organizations?
Any 501(c)3 organization satisfying the grant guidelines and with a program within the scope of our funding guidelines may apply for funding to support social outreach and charitable service programs that benefit the community at large. Impact Central Illinois does not require the organization to refrain from incorporating its foundational ideology of justice and charity in its program methodology, activities, or facilities which serve the community at large. However, as a collective giving organization, Impact Central Illinois reserves the right to determine the finalists and grant recipients based upon full disclosure of that ideology.