Five finalists announced for Impact 100's $250k grants

Impact 100 announced the five finalists to receive two $127,500 grants.

TRAVERSE CITY, Mich., (WPB/WGTU) -- A women's philanthropic group in Traverse City more than doubled it's goal for giving in the area.

Impact 100 Traverse City is the local branch of a nationwide group that awards grants to non-profit organizations in their communities.

Each woman pays $1,000 to be apart of the group of at least 100 women to raise $100,000 for the non-profit of their choice.

The local chapter had 255 women join the group, raising $255,000 that they've chosen to split between two organizations.

The group has narrowed their search down the five finalists they will choose from.

The finalists are Crooked Tree Arts Center-Traverse City, the Inland Seas Education Center, Preserve Hickory, Disability Network Northern Michigan and PEACE Ranch.

Each non-profit had to submit a plan to Impact 100 describing what they would do with the $127,500 if they received it.

Impact 100 is holding it's annual meeting on Nov. 8. The finalists will present their proposals and members will vote for who receives the grants.

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