Impact Fund for Emerging Philanthropists

Members of the Impact Fund for Emerging Philanthropists Class of 2007 awarded a grant to the James Davis Foster Foundation. From left to right are: Michael Knight, James Davis (grantee), Leslie Cooley, Mireille Nixon, Jennie Crismore and Aundrea Tucker.

About the fund
The Impact Fund for Emerging Philanthropists brings together young leaders throughout the Charlotte region to foster positive, lasting social change. Highly motivated men and women of diverse backgrounds invest both financial and intellectual capital to strengthen the lives of others.

Since 1999, Impact Fund members have harnessed the power of pooled charitable giving to empower children and youth, expand economic self-sufficiency and enrich social capital.

Educational sessions, networking opportunities and hands-on experiences help members learn about regional issues, assess nonprofit programs and support community solutions. As Impact Fund members build professional connections and strengthen community ties, they will become part of the Charlotte region’s enduring, nationally recognized tradition of philanthropy.

As the leaders of today and tomorrow, they will help perpetuate the legacy of giving that distinguishes this community.

Mission
The mission of the Impact Fund for Emerging Philanthropists is to inspire philanthropy in the Charlotte region. The Fund equips promising leaders with experiences and knowledge for making meaningful contributions to the community.

Class of 2007 member Dusty Snyder.

Who can participate?
Eligible participants:

   •  Live and/or work in the Charlotte region
   •  Are between the ages of 25 and 45
   •  Are committed to improving the quality of life in the
        Charlotte area
   •  Have demonstrated an interest in volunteering and
        charitable initiatives
   •  Exhibit leadership potential in their civic and
        professional lives
   •  Are able to attend regular sessions and meetings in
        Charlotte

How it Works
Members make a tax-deductible contribution of $500 to a gift fund managed by Foundation For The Carolinas. Matching corporate gifts are welcomed and encouraged and a limited number of partial scholarships are available. With matching funds from the Foundation, a total of $30,000 will be available for distribution to charitable causes.

Class of 2007 members Whitney Loyd (left) and Tamika Eubanks (right).

Members support one of three interest teams: Children and Youth, Economic Self-Sufficiency and Social Capital. Each team has $10,000 to award as grants.

Members attend an orientation and closing celebration, as well as four educational sessions that coincide with and complement interest team assignments.

Community Impact
The Impact Fund for Emerging Philanthropists focuses its grantmaking on economic self sufficiency, social capital and children and youth. Since the Fund's inception, a total of $348,828 in grants have been distributed to nonprofit organizations. In 2009, grants were awarded to:

  • $9,000 to Community Link for The Family Financial Literacy Coalition (FFLC), designed to promote resources that provide basic financial education to enable families to build assets and achieve financial stability
  • $1,000 to Girls on the Run for the Girls on the Run Scholarship Fund
  • $8,000 to The HeartBright Foundation for the WE CAN! program, designed to help families and communities help children maintain a healthy weight
  • $9,000 to W.I.S.H Program to hire an additional Family Support Social Worker

For more information
Contact Lauren Evans, Board and Grants Specialist, at levans@fftc.org or 704.973.4568.

Click here to download the Impact Fund for Emerging Philanthropists information sheet.