About

M100 is a grant foundation that serves the Washington, DC and Baltimore metropolitan areas. We are a registered 501(c)(3) that strives to pool funding from diverse donors, identify non-profits whose work fulfills unique sadaqa categories, and fund innovative projects which serve the local community. M100 encourages consistent giving. Each month the money donated is giving to a different non-profit, often highlighting important causes that are usually overlooked. 100% of monthly donor donations go directly to each cause.

 

Before a grant is approved, M100 assesses a non-profit organization to confirm that it is legally and financially sound. Grant money is monitored and donors receive progress reports to transparently show the impact their donations had on the ground. As a grant foundation it is our duty to focus our efforts and resources in the DC and Baltimore metropolitan areas. Our funding is not given to causes overseas nor does M100 accept funds from outside of the United States. Donations are accepted from legal U.S. residents and citizens.

 

How We Work

M100’s short term goal is to gather 100 donors to consistently give $100 a month, throughout the year. The M100 board works with its advisors and various scholars to decide on a new sadaqa category to focus on each month. Then, the M100 team identifies non-profits whose work fulfills the category and awards a grant pooled from the donors. One hundred consistent donors will result in grants of $10,000 a month.

 

M100 follows an extensive due diligence process before a grant is approved, so that every dollar given as a grant generates results. M100 assesses the non-profit organization to confirm that it meets a set of benchmarks. Currently, M100 only gives grants to registered 501(c)(3) organizations, approved by the Internal Revenue Service as a tax-exempt, charitable organization.

 

Once M100 receives proof of 501(c)(3) registration from a potential grantee, M100 asks the organization to apply for a grant by providing a detailed proposal of the project that describes how the sadaqa category will be fulfilled. M100 reviews its strategy, financial statements, management team and any other information that will help the board understand the organization and the project it is seeking funding for. M100 makes an effort to speak to at least one board member and/or key staffer in each organization it funds and make informal site visits, to get a deeper sense of the work the potential grantee organization is doing.

 

Once this process is complete, M100 uses an internal score sheet to determine whether the potential grantee has met a set of standards to be a grant recipient. This system helps M100 compare the relative success and effectiveness of similar projects to determine which project will make optimal use of a grant.

 




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