Impact100 Sonoma has announced changes to its grants program effective with the upcoming 2017 grant cycle.
- The grant term for the $100,000 impact Grant has been extended to three years from two, making a three-year revenue stream possible for a program.
- Impact Grant finalists will receive an unrestricted merit grant of $10,000 to be used by the nonprofit in any manner that supports their operation. Previously, finalists were each awarded up to $20,000 for a specific project.
- The maximum amount for a Community Grant has been increased to $20,000 from $15,000.
- Community Grant applicants will no longer be required to submit proposals for the exact amounts of $5000, $10,000 or $15,000. Instead, applicants will be able to apply for the amount they need up to $20,000.