Pay It Forward Cincinnati and Ingage Group Social Impact Fund Process
Who is Ingage Group?
Ingage Group is an umbrella organization for several companies including Ingage Partners. Ingage Partners is a local Management and IT Consulting firm offering services in a variety of areas including project management, business analysis, and development. We are also a certified Social Enterprise, using business as a vehicle for positive change in the community. We donate a minimum of 25% of our profits to charitable organizations – the purpose in our “Consulting with Purpose” business model.
What is the Ingage Group Social Impact Fund?
The Ingage Group Social Impact Fund is made up of funds donated by Ingage Partners employees and funds matched by Ingage Partners. Those investing in the Ingage Group Social Impact Fund will be voting on which of the finalists will receive the 2018 Social Impact Fund Award.
Finalists that have gone through the grant application and presentation process will be awarded $1,000.
What is the connection between PIF and Ingage Group?
Pay If Forward Cincinnati and the Ingage Group of companies are partnering to make a significant impact on local nonprofits in our community. Ingage Partners, part of the Ingage Group, is a local Management and IT Consulting firm offering services in a variety of areas including software engineering, user experience, product and delivery management, and organizational transformation. Ingage is also a Certified B Corp, a social enterprise that is using business as a vehicle for positive change in our community. Ingage Partners donates a minimum of 25% of our profits to charitable organizations – the purpose in our “Consulting with Purpose” business model.
Who is eligible to apply for this grant?
In order to submit a Letter of Intent (LOI), and thus be considered for a grant, you must meet the following criteria:
- 501(c) 3 organization within the Greater Cincinnati/Northern Kentucky/Dayton that is focused in one of these three focus areas:
- Children’s Health & Wellness
- Cincinnati Poverty Issues
- Youth Technology Initiatives
Applications that are programmatic, capital, start-up, or research-oriented will be considered. We regret that we cannot accept any of the following types of applications: endowment, existing operating costs, partisan activities, completed projects, individual churches, indigent care subsidy, travel, loans, pass-through funds, or for individuals.
What is the LOI process?
Letters of Intent must be complete and will be reviewed. Once all submitted LOI’s have been reviewed, Ingage Group will request more detail (budget, site visit, phone interview) from agencies they feel are viable candidates for the Ingage Group Social Impact Fund Grant. All agencies will be notified of their status by January 26, 2018. Please see our grant timeline below.
- January 19 – All Letters of Intent (LOI) Due At Noon – DONE
- January 26 – All agencies notified of status and finalists notified of request for further information. – DONE
- February 9 – Final Award Supplemental Information Due at Noon – DONE
- February 26 – Finalists notified
- March 9 – Finalists Presentation and Awards Announced
All Agencies completing the Grant Proposal and Finalist Presentation will be awarded $1,000, with one recipient being awarded a minimum of $36,200 and 100+ hours of volunteer/pro bono time from Ingage (estimated value of pro bono time $10,000). Final amount will be announced March 10. Award payment dates may be paid in milestones during 2018 with the full amount funded by October 31st.
What is the Finalist Presentation?
Finalist Presentation will be a brief, interactive 10 minute presentation, followed by a 10 minute question and answer session with Ingage Partners employees investing in the Social Impact Fund on March 9, 2018. The presentation may be 2 individuals. The grant recipient will be decided upon by a vote of those members in attendance at the presentation and those who invested. Grant funds may be paid in milestones during 2018 with the full amount funded by October 31st.
We are very excited about this and hope that you submit a LOI for this grant.
Contact Jean Martin at firstname.lastname@example.org.