What is a Double Your Impact offer?
A Double Your Impact offer is a way for a corporate or foundation funder to double the impact of their gift by offering to fund 50% of the cost of projects that meet certain criteria.
Here's how it works:
The giving corporation or foundation selects the eligibility criteria for projects (by subject area, school location, etc).
All projects meeting those criteria become eligible for this Double Your Impact offer and will appear on the site as 50% funded. This 50% donation offer is contingent on the other 50% being funded by other donors.
For example, The Bailey Building & Loan Association has decided to put up a $25,000 Double Your Impact offer for all classroom projects in Bedford Falls. Ms. Hatch's project, "Zuzu's Petals," costs $500 and is eligible for the Double Your Impact offer because Ms. Hatch's classroom is in Bedford Falls. Her project is listed as needing only $250 thanks to the Double Your Impact offer. Once the remaining $250 is given by other donors, it "unlocks" the Bailey Double Your Impact offer and the project becomes fully funded. Note that if Ms. Hatch's project does not receive the remaining $250 in donations before the entire $25,000 grant is spent out on other Bedford Falls projects, then the Double Your Impact offer is withdrawn from her project.
