Any one intrigued in getting all the Midwest groups together?
Date: Fri, 7 Nov 2008 10:26:46 -0500
Subject: Re: [TheThinkTank] funding questions
1. 2008 budget:
1/2 = donations for shop parts and services, and other creative donations (example: we got an NPR-style car donation)
1/4 = events/assorted benefits
1/4 = grants
We self-generate most of our budget through the content of our work and by having/participating in events that are relevant to our community.
2. Our rent/utilities is less than $400/mo, which is pretty easy to cover with the above structure. Having staff necessitates some grant funding, but we don't rely on it heavily and we are strategic about from where we seek it. Grant seeking is a responsibility of the staff person, but we're careful about not turning the staff person's job into a game of perpetually finding money so she can keep finding money. Having staff lends to the ability to have more shop hours, and that generates cash, too. Our best and favorite fundraising activity is having open shop hours.
3. For now we have a director (which seems to be a label useful externally..."staff person" or something like "program admin" work, too). The point is to have someone managing day-to-day admin activities and keeping track of things. There are a lot of ins, a lot of outs.
4. Yes, self sustaining, with some grant money.
-rachael // sopobikes
On Thu, Nov 6, 2008 at 10:39 PM, Liza Mattana <firstname.lastname@example.org>
I wanted to redirect Beth's questions that got lost in the bike curriculum thread...thanks in advance.
Our nonprofit, Pedals2People, just got its 501c3.
As we are trying to develop projects and determine our focus under our new status we thought it would be great to get some insight from all of you that have more experience (been around for a while).
Anyone that would like to, please feel free to answer any of the following questions:
1.) What is your main source of funding?
2.) If you have a space, how are you covering your costs?
3.) Do you have paid staff?
4.) Are you financially self-sustaining or grant funded?
Thanks for your help! If you have any other suggestions or ideas or questions i forgot that you would like to answer, please do!
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