grant process and schedule
Welcome to our 2020/21 grant cycle. Please check the 2020/21 Nonprofit Timeline and Important Dates for other information.The Impact Grants Chicago grant cycle is a four-step grant application process including a Letter of Inquiry, Full Grant Application, Site Visit and a Final Decision Process. The Nonprofit Timeline and Important Dates chart identifies the important dates included in each step. A more detailed summary of the requirements of each step are outlined below.
STEP 1: LETTER OF INQUIRY
- Applicants must submit a Letter of Inquiry (LOI) through our online grant application system before the deadline set annually by Impact Grants Chicago. Our application portal opens on September 21, 2020 and the deadline for submitting an LOI for the 2020/21 grant cycle is November 13, 2020.
- Organizations are allowed to submit only one application per year and must select a Focus Area when completing the LOI to verify compliance with our funding criteria. Please review the Focus Area Descriptions on this page for more information.
- Organizations should review the Eligibility Requirements carefully before completing the LOI.
- Impact Grants Chicago will acknowledge each LOI received.
- Members join Grant and Financial Review Committees (“member committees”) to analyze all submitted LOI’s.
- Following the review of the LOIs, Impact Grants Chicago will select certain applicants to submit a Full Grant Application.
In order to assist applicants in considering submission of an LOI, we have prepared a list of questions for consideration. Click here to see the list:Letter of Inquiry Questions
STEP 2: FULL GRANT APPLICATION
- Applicants will be notified on January 26, 2021 as to whether or not they have been selected to complete the Full Grant Application. Impact Grants Chicago will provide the form to complete this application, which will be due on February 12, 2021.
- Impact Grants Chicago will acknowledge each Full Grant Application received. The member committees will review the Full Grant Applications and, following the review, semi-finalists will be notified that they have been selected for site visits.
In order to assist applicants, we have prepared a list of questions to consider in completing the Full Grant Application. Click here to see the list:Full Grant Application Questions
STEP 3: SITE VISIT
- Applicants will be notified on March 12, 2021 whether or not they have been selected for a site visit. Impact Grants Chicago will contact applicants to schedule site visits, which will take place between April 12 and April 23, 2021.
- The objective of the site visit is to complete a general due diligence review and to investigate and resolve any final questions. Site visits require approximately one and a half hours of dedicated time and should include participation of the Executive Director, Project or Program Manager, Financial Officer or Treasurer and a Board Member.
- Following the completion of the site visits, the member committees of Impact Grants Chicago will select the finalists.
STEP 4: FINAL DECISION PROCESS
- Finalists will be notified on May 7, 2021 and announced to the public on May 10, 2021.
- Finalists will receive guidelines for making presentations at the annual Grant Awards Celebration.
- Impact Grants Chicago members will vote to select the $100,000 Impact Grant recipients at the Grant Awards Celebration on May 25, 2021. The voting results will be tabulated and the grant award recipients will be announced at the event.
- Terms and conditions of the distribution of the Impact Grants will be set forth in Grant Agreement Letters. Click here to view a template of the Impact Grants Chicago 2021 Grant Agreement Letter.