So, You Want to Make a Difference in the World
Who can see your viewing activity?
virtual show that is fun and educational
To raise money for other non-profits I want to support
To bring available COVID-19 testing to historically overlooked/underresourced communities through nonprofit partnerships
Change the verbiage for the Purple box to “enrichment” :)
? - During the last recession, 2008, did NPO grow or shrink? And what happened when the economy recovered? As we are into this again, it seems to be a good thing to think about.
(did NPO numbers, from the map slide)
Useful site for NPO stats: https://nccs.urban.org/publication/nonprofit-sector-brief-2018#growth
Food for Friends out of Palatine was founded over 20 years ago as a program providing Thanksgiving meals and just became a 501c3 about 5 years ago.
Planning your NPO - Consider the type of organization and tax structuring: https://www.upcounsel.com/types-of-nonprofits
I highly recommend looking at a B-corp structure - it is a for profit entity that is mission focused that does not have the same board restrictions
One item to consider: Should board members be compensated (with money)? A key measure for NPO is money that is devoted to Admin vs Operations. That ratio can be a selling point :)
Volunteering should not be an invitation to becoming impoverished. Volunteers who make valuable contributions are a great source for onboarding new talent. Sourcing, staffing, and operationalizing your services requires a funding model that can support the current state and future growth. THAT dual model is what makes NPO planning and operations so very hard.
Elizabeth et al: Can you confirm ? I don’t believe you can convert a NPO (501c) to a B-Corp.
We recently set up under a Fiscal Sponsorship model to give us support and back office compliance to let us focus on our best goals
B Corp seem to be very popular for starting Coops (employee owned).
Agree with Jeffrey, I have seen and explored B-Corps for Co-Ops.
we are running Sports Philanthropy Webinars every Monday/Wednesday/Friday at 10 am Chicago time www.SportsPhilanathropyNetwork.com/Webinars
Resource page for sports non-profits at www.SportsPhilanthropyNetwork.com/Covid-19
Thank you for the information, I work with the Homeless, we operate a drop-in center. Homeless people have no where to shelter in place.
Stay safe everyone and THANK YOU to all who are helping others at this time
Thanks, Elizabeth. Enjoyable time!