Grantee Selection Process & How Funds are Used
IWI is primarily a social organization, we are not a foundation or charitable organization. With a small amount of funds raised from events we are able to provide support to organizations within member interest areas, and link members to volunteer activity.
Financial support is directed to registered social responsibility organizations (non-profit charities) operating in Turkey. We aim to support organizations working on issues that embody the values of IWI as a women´s social networking organization. We also value needs-based giving, where a contribution of volunteers and donations can have impact on a specific activity. IWI supports social welfare organizations that are well run with operating procedures that are accountable and transparent.
Each year in the Spring, IWI launches a Call for Proposals. Prospective applicants for funding are required to fill out a project proposal. Proposals are read by a committee of the Board and meetings are held to discuss the proposals. Recommendations are provided to the full Board for discussion and approval. Decisions about funding support are made in June.
Geographic coverage: Istanbul-based, but have Turkey-wide reach.
Project based giving: We offer support only for a specific proposal or project and will not provide general operating support.
Financially stable organizations: We want funding to make a difference—not pay for office furniture or the director’s salary. Organizations should spend at least 75% of their budgets on programs and services (this is referred to as the “spending ratio”) with the remainder going toward administration or operating costs.
History with IWI: Although this is not a requirement for all organizations, we want to build a strong rapport with trusted and respected social responsibility organizations in Turkey who want to engage with the IWI network in addition to receiving financial support.