Hello,
Th Bicycle Kitchen/La Bicicocina in Los Angeles just submitted a bid on a building that was accepted, so hopefully, into escrow we go...
As part of my final duties as the Operations Facilitator, a paid staff position I held for two years, I helped to coordinate the efforts of the Space Exploration Gruppo. We broke it down into three components: Real Estate, Mortgage/Financing and Fundraising/Development. As the Cooks decided to go back to being all-volunteer run, instead of submitting a request to the foundation that had paid my salary to further fund the Ops Fac, we asked for funding towards a capital campaign. They awarded us $100,000! Additionally, after a lot of denials from banks/lenders, we were able to find a lender willing to loan us up to $390,000. We have also put together an appeal letter to try and raise monies so that we can bring that mortgage down. Looking for a commercial property in central Los Angeles puts almost a couple of more zeroes into that Troy price. ; )
I would be happy to offer any advice I can and/or look over letters, grants, etc.
It's really great to see this next evolution for some of us that are able.
Best of luck!
Sincerely,
Kelly
On Feb 13, 2012, at 11:31 AM, ryan jenkins wrote:
Me and Andrew of Troy Bike Rescue purchased a forclosed on building here in Troy for 5,000 dollars at auction, and then sold it to the organization as a 501c3. I don't know how we compare in size to all yall, but if any of my experience is of interest let me know as i would love to help.
ryan
On Mon, Feb 13, 2012 at 1:10 PM, Jonathan Morrison
<jonathan@slcbikecollective.org> wrote:
I would be interested in this as well. Jimmy, who was in charge of the Capital Campaign? Was it internal or did you hire an agency?
Sincerely,
Jonathan Morrison
Executive Director
Salt Lake City Bicycle Collective
2312 S. West Temple
Salt Lake City, UT 84115
w:
801-328-2453
c:
801-688-0183 f:
801-466-3856www.slcbikecollective.org
The mission of the Salt Lake City Bicycle Collective is to promote cycling as an effective and sustainable form of transportation and as a cornerstone of a cleaner, healthier, and safer society. The Bicycle Collective provides refurbished bicycles and educational programs to the community, focusing on children and lower income households.
On Mon, Feb 13, 2012 at 8:06 AM, Jimmy Hallyburton
<jimmy@boisebicycleproject.org> wrote:
Hey Doug, gives us a call Wed-Saturday 208-429-6520 or shoot us an email.
Last summer we did a "Biking to Buy the Building capital campaign and raised about $150,000 in 6 months to purchase our buidling. I'd be more than happy to lend a hand any way we can.
The Fort Collins Bike Co-op is considering starting a capital fundraising campaign to raise money toward the purchase of our own permanent location. Like many community shops we have bounced around every couple years trying to find inexpensive or free rent. Our present location is currently slated for development into student housing, so our days are numbered there. Moving and then reorganizing consumes alot of our volunteer bandwidth and makes it more difficult for our customers to find us.
If your organization has run a fundraising campaign please share any advice and I'll put your name on a list to contact with more specific questions as we proceed.
Thank you in advance,
Doug Cutter
President
Fort Collins Bike Co-op
--
Thanks,
Jimmy Hallyburton
Executive Director of Operations
Boise Bicycle Project
(208)-429-6520
1027 Lusk St Boise, ID 83702
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