For Organizations and Projects
What is considered an organization or project that creates and fosters the pioneering spirit in creating new tools and models for social change?
For the purposes of this Matching Grant Initiative, eligible organizations and projects are those that work to create new tools, platforms and models for social change. Qualified organizations and projects must work to enhance or expand the infrastructure of this field.
The ecosystem of impact entrepreneurship, or the environment in which this operates, includes (but is not limited to): social business investment platforms, microfinance initiatives, social impact bonds, impact startup hubs/incubators/accelerators, social startup hubs/incubators/accelerators, academic & research institutions, etc.
Impact, for the purpose of this initiative refers to intentional and measurable social and financial ROI (double or triple bottom line). Please note that this initiative is an impact grant, not an investment.
Banks, VCs, Funds of Funds, impact investment funds and individual social businesses will not qualify.
How do I know if my organization or project is eligible?
Eligible organizations and projects must:
- Seek to create and foster the pioneering spirit in creating new tools and models for social change.
- Be a legally registered (with up-to-date “Nihul Takin” certification and 46A nonprofit operating an impact entrepreneurship-specific program in Israel.
- Meet the following requirements: Be in operation for a minimum of two (2) years although matched projects can be new; Have an operating budget of at least 1,000,000 NIS (approx. $250,000); Employ at least one (1) full-time staff member; Demonstrate financial stability, including no deficits during the past year unless there are considerable reserves; Have a clearly defined strategy to grow the impact entrepreneurship ecosystem in Israel.
- Agree to participate in an evaluation of the Matching Grant Initiative’s impact, annually, for three years following the match.
Are there specific desirability criteria?
Yes. Learn more about the desirability criteria by clicking here.
Can an eligible organization or project receive more than one gift as part of this Matching Grant Initiative? Is there a maximum amount of funds that an individual organization or project may receive?
Yes. An organization or project may be eligible to receive multiple matches of gifts from separate individual donors, up to $150,000 (the minimum amount of each individual gift must be $25,000). $150,000 is the maximum amount that any one organization may receive in matching gifts from this Matching Grant Initiative.
Will anything be required of the organization or project once they are awarded the matching funds?
Yes. As a stipulation of receiving funds, organizations participating in the Matching Grant Initiative must commit to answering a brief set of evaluative questions in the form of a short survey annually for three years after receiving funds to measure the Initiative’s impact.
I am a donor interested in participating in this Matching Grant Initiative. How do I know if I am eligible?
You are eligible to apply for matching funds if you meet ANY of the three criteria* below:
1. You are seeking to match your first philanthropic gift to the field of impact entrepreneurship in Israel AND this is a gift of $25,000 or NIS 100,000 or more;
2. Your most recent gift to the field of impact entrepreneurship in Israel was more than five (5) years ago (prior to December 31, 2013) AND this is a gift of $25,000 or NIS 100,000 or more;
3. You have made a recent gift (after January 1, 2013) to the field of impact entrepreneurship in Israel, but you are currently doubling your largest previous gift (e.g. from $25,000 to $50,000), AND your new gift is $25,000 or NIS 100,000 or more.
Additionally, having a grant matched is a benefit of membership in the Jewish Funders Network. Donors must agree to become members of the Jewish Funders Network if your application is approved. Donors not already JFN members will be contacted by JFN to discuss the benefit of membership. Learn more here.
*Note: We encourage all donors interested in participating in the Matching Grant Initiative to reach out to JFN staff and learn more about available membership options. Please contact us and visit JFN Membership for more information and resources.
I am not currently a JFN member. How can I participate in the Building & Strengthening the Impact Entrepreneurship Matching Grant Initiative?
Having a grant matched is a benefit of JFN membership, alongside other services including funder education resources, year-round programming, and networking opportunities. Donors whose gifts are matched must agree to join JFN if not already members. For more information about JFN Membership Benefits, click here.
If you are eligible and interested in joining JFN, please complete the JFN membership application page here. You will be contacted by JFN following the submission of your application.
Please note that JFN membership does not guarantee the receipt of matching funds.
Application and Process
How do I apply?
Applications may be submitted through the online application form only and are due by December 31, 2018. If extenuating circumstances prevent you from filling out the application form online, please contact us.
Applications will require specific information from donors about funding history and from the grantee organization or project. JFN encourages donors and organizations to work together to prepare this information. Once the grantee organization’s application is finalized and submitted, JFN will contact each funder to discuss the details of his/her gift.
Can a donor submit more than one application to different organizations or projects?
Yes, multiple applications will be considered (but not necessarily funded).
What information will the application require about the organization or project being supported?
JFN encourages donors to work with their selected organizations and projects to provide the specific application information requested.
The application questions can be accessed here and will request information about the following items:
- Description of proposed work
- Will the gift be directed toward a current effort or the creation of a new one?
- How long do you expect the work to continue?
- What are the expected results of this work?
- How will you measure the success of the efforts?
- Budgets, staff lists, and proof of Amutah/46A status, etc.
For more detailed instructions visit How to Apply.
Will anything be required of the funder once the matching funds are awarded?
The funder will be required to join JFN if not already a member.
How does the decision-making process work?
Once the application deadline has passed, the review process will commence.
- Any application deemed ineligible will be eliminated and the applicants will be notified.
- JFN staff will be in touch with the funders named in each application to verify their gifts.
- A review committee comprised of Foundation representatives and JFN staff will review all eligible applications and make grant decisions.
- Applicants will be notified of the grant decisions by email, including grant payment instructions for funded applicants. It is the NGO’s responsibility to notify their funders.