Now in its fourth year, collective giving group Impact100 Melbourne has given more than $400,000 in grants to grass roots community organisations.
This year’s ‘Melbourne: Diverse and Inclusive’ theme saw four finalists—The National Council of Jewish Women of Australia (Victoria), Western Edge Youth Arts, Outer Urban Projects and SisterWorks—present their pitch to more than 90 Impact100 Melbourne members at the gala event on November 17 at Melbourne Town Hall.
“Getting together to give the money away at the end of each year is absolutely a highlight,” says Impact100 Melbourne Founding Committee Member, Chris Wilson. “There’s always so much energy in the room.
“All four of our finalists should be really proud to have gotten to this point—they’re all doing exceptional jobs in the community.”
SisterWorks CEO and founder, Luz Restrepo, accepted the award with an emotional and impactful speech
“We are all excited to see where this powerful little social enterprise will go,” Wilson says of SisterWorks.
“No doubt the organisation and the many migrants, asylum seeker and refugee female entrepreneurs they work with are destined for great things.”
Wilson, a Director of Philanthropy at Koda Capital, says the appeal of collective giving is easy to understand.
“I was converted to the idea of collective giving when I got involved as a younger professional myself,” he explains.
“I was looking for ways I could get involved in engaged, strategic philanthropy without having the big dollars necessary to set up a formal structure.
“I think collective giving taps into a broader trend we’re seeing in philanthropy where philanthropists are craving engagement and connection with the cause. Philanthropists want to learn and collaborate and leverage their money and giving collectively is the perfect way to do that.
“In our experience at Impact100 Melbourne, collective giving is often a stepping stone into bigger things for some donors and that’s terrific because we’re not interested in just growing the size of our group, but in growing philanthropy across the board.”
Impact100 Melbourne is a sub-fund of Lord Mayor’s Charitable Foundation. The group is made up of 100 members who each donate $1000 and participate in making a major grant in the vicinity of $100,000 to an organisation focused on helping under-served parts of Melbourne.