Below are frequently asked questions about your Membership with IMPACT 100.
Below are frequently asked questions.
Who are the members of IMPACT 100?
IMPACT 100 is open to all women age 18 or older who live in, or who wish to help, the Pensacola Bay Area community. IMPACT 100 is a group of women with diversified backgrounds, ages and financial status – who each contribute $1,000 to maintain their membership in any given year. Members are not required to live in the Pensacola Bay Area.
What is expected from the individual members of IMPACT 100?
All that is required is that you be a woman and donate $1,000 to be a member. We encourage you to make an informed decision when you vote for the grant recipients, either in person at the October Annual Meeting or by absentee ballot. That’s all that is required.
However, we hope you will also choose to participate in more ways. We know that your participation level may change from year to year as your life’s commitments change.
You can serve on a grant committee which evaluates grants in the summer and selects finalists for presentation to the entire membership at our Annual Meeting.
You can also volunteer to help to provide food at some of our non-catered membership events, working with grant intake in the fall or making phone calls during membership season. We also need help with taking pictures at events and many other small jobs.
Most importantly we need our members to spread the word. Talk to your friends and neighbors about IMPACT 100. Invite them to one or more membership events.
Can Men Join IMPACT 100?
Men cannot join as voting members but we welcome their financial or in-kind donations. A man can make a donation on behalf of women in his life so that she can become a member.
Donations can be made in memory of a loved one or in honor of a living person.
Each member gets only one vote, regardless of the size of her donation.
Can I make a donation of publicly traded stock?
You have the option of donating stock to cover your $1000 membership contribution. We sell the shares as soon as possible after transfer to IMPACT 100. The net proceeds must equal or exceed $1,000 (which means you’ll need to cover all sales commissions and expenses).
We accept donations of stock in publicly traded companies only.
If you would like to make a gift of stock, please contact us and we will send you instructions to provide to your broker to make the electronic transfer to us.
A donation using appreciated stock can provide tax advantages to you, including:
1. Allowing you to avoid paying federal (and state, if appropriate) taxes on the capital gain.
2. Providing an income tax deduction for the full fair market value of your gift, if you itemize deductions on your tax return and have held the assets for one year or longer.
3. Enabling you to make a larger gift than you could if you simply sold the stock, paid capital gains taxes and donated the net proceeds.
(NOTE: Before you make a gift of appreciated securities, please consult your financial planner or tax advisor to determine how the potential tax advantages described here apply to your specific situation.)
Can my company matches funds for charitable donations?
Yes. Can I give half and have my company match it to make my total $1,000 donation?
Please indicate this on your membership form and make sure that you get your matching funds before our deadline of March 1st.
How does IMPACT 100 stay in touch with its members?
Because IMPACT 100 has no paid employees, we leverage technology as much as possible to communicate with our members.
• Most communications are by email.
• We regularly share updates, reminders and posts about our non-profits on our Facebook Page.
• We keep this website updated with information that can be shared with the public,
• We send some communications by US Mail (invitations to our big events, annual meeting voting packet, etc.).
• We are considering adding texts as a form of communications to those members who prefer texting.
• We also produce a newsletter to keep its members advised of the current events relating to the organization.
How does IMPACT 100 handle conflicts of interest?
We are committed to acting with integrity in all of our relationships and to selecting our grant recipients through an honest and fair process. In support of this commitment, IMPACT 100 Pensacola Bay Area has adopted a Conflicts of Interest Policy that requires disclosure of relationships between our members and any grant applicant. Generally, IMPACT 100 Pensacola Bay Area’s policy recognizes the potential for conflict of interest and safeguards against them by requiring any board or committee member to excuse herself from the discussion and/or vote on any topic where a conflict arises.
Members who are serving on the board or a committee of IMPACT 100 Pensacola Bay Area will be formally required to disclose potential conflicts of interest. However, IMPACT 100 Pensacola Bay Area expects all members to act in an objective and fair manner. In particular, members are expected to refrain from any attempt to gain an unfair advantage for any particular grant applicant by, among other things, disclosing confidential information and/or attempting to persuade other members of IMPACT 100 Pensacola Bay Area to vote for a specific grant applicant.
How do I order a replacement name tag?
If you need a replacement name tag we can order one for you for only $12. You can choose between 3 different styles when you place your order (magnetic backing, clip style, or pin style). Please allow 6 weeks for delivery. Follow the links on the Member Forms page to order.
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