Grants may be recommended to charitable organizations that are tax-exempt under IRC Section 501(c)(3) and are public charities under Code Section 509(a). ImpactAssets conducts a review of each grant recommendation and has sole discretion on all grantmaking decisions. ImpactAssets may deny grant recommendations to ineligible grant recipients or ineligible grant purposes as outlined on page 8 in the Program Circular, or as otherwise deemed ineligible by ImpactAssets.