Impact100 Westchester
- Assets
- $599.1k
- Revenue
- $349.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Hartsdale, NY
- Founding
- 01/2013
- Data as of
- 06/2023
- EIN
- 46-1103703
Organization Overview
Impact100 Westchester is located in Hartsdale, NY. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact100 Westchester is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Impact100 Westchester generated $349.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $330.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Impact100 Westchester has awarded 46 individual grants totaling $1,825,999. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COLLECTIVELY FUND GRANTS TO LOCAL CHARITABLE INITIATIVES AND TO ENGAGE WOMEN IN PHILANTHROPY. THE PRIMARY SOURCE OF REVENUE IS CONTRIBUTIONS FROM MEMBERS, WHICH ARE COLLECTED ANNUALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROJECT AND OPERATING GRANTS ARE AWARDED BASED UPON A TALLY OF THE MEMBERSHIP VOTES AT THE ANNUAL MEETING. A DETAILED LEGAL AGREEMENT IS DRAWN UP FOR EACH PROJECT GRANT. THE PROJECT GRANT AGREEMENT INCLUDES SPECIFIC TERMS FOR THE TIMING AND REPORTING REQUIREMENTS RELATED TO THE DISTRIBUTION OF FUNDS. FUNDS MUST BE SPENT AS SPECIFIED IN THE APPROVED PROJECT GRANT AGREEMENT. REGULAR REPORTING AND MONITORING OF THE PROJECT AND ALL RELATED EXPENDITURES CONTINUES THROUGH THE GRANT PERIOD. THE OPERATING GRANT RECIPIENTS CAN USE THE SMALLER OPERATING GRANT AMOUNTS FOR THEIR OPERATING EXPENSES. APPROXIMATELY 6 MONTHS AFTER RECEIVING THE OPERATING GRANT AWARDS, IMPACT100 NON-PROFIT ADVISOR CONTACTS THE NONPROFIT FOR AN UPDATE ON THE USE OF THE AWARD. ALL GRANT APPLICANTS ARE THOROUGHLY VETTED BY VARIOUS COMMITTEES TO ENSURE THEIR NONPROFIT ACTIVITIES COMPLY WITH OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Demaio Co-President | OfficerTrustee | 25 | $0 |
Melinda Ganeles Co-President | OfficerTrustee | 25 | $0 |
Barbara Gronquist Secretary | OfficerTrustee | 25 | $0 |
Noelle Ifshin Treasurer | OfficerTrustee | 25 | $0 |
Roberta Shapiro Vp, Technology | OfficerTrustee | 25 | $0 |
Caryl Hahn Vp, Membership | OfficerTrustee | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $322,115 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,736 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,851 |
| Total Program Service Revenue | $0 |
| Investment income | $14,098 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $349,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $267,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,942 |
| Office expenses | $9,597 |
| Information technology | $6,578 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,284 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,905 |
| All other expenses | $0 |
| Total functional expenses | $330,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,664 |
| Savings and temporary cash investments | $582,390 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $599,054 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $406,914 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $406,914 |
| Net assets without donor restrictions | $86,140 |
| Net assets with donor restrictions | $106,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $599,054 |
Grants Awarded
Over the last fiscal year, Impact100 Westchester has awarded $247,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE SHARING SHELF PURPOSE: TRANSFORMATIONAL PROJECT GRANT | $80,000 |
CARITAS OF PORT CHESTER PURPOSE: TRANSFORMATIONAL PROJECT GRANT | $80,000 |
ENDEAVOR THERAPEUTIC HORSEMANSHIP PURPOSE: CORE MISSION GRANT | $29,000 |
WOMEN'S MENTORING NETWORK PURPOSE: CORE MISSION GRANT | $29,000 |
CHILD CARE COUNCIL OF WESTCHESTER PURPOSE: CORE MISSION GRANT | $29,000 |