1/12/2024 0 Comments Prezi classic impact template![]() But the number of registered public charities has tripled in the last decade, far outpacing the growth rate in giving. has doubled in the past 20 years, while grant dollars have grown 43 percent since 1999. New: you have had your 501(c)(3) for 5 years or less, or you're regionally expanding Small: operating budget between $25k-$500K Youth Focused: you serve low-income children in the Bay Area 4) Model Find Impact & measurement intentional Cost effectiveness/conscious/SROI Invest Grants of $10k-$50k GenOps Multi-year (3 year average) Infrastructure/Team development Connect to our network Launch To foundation partner(s) focused on >$50K funding, scale and/or replicability 3b) Competitive Adv Small organization size allows us to be nimble internally Choosing to grant to start-up nonprofits we believe where no one else will Board covers operating costs = 100% of each $ donated goes directly to programs Our unique access to athletes will raise the visibility of our grantees As the first believer we start a pipeline, with successful launch to larger funders as the goal Geography: SV = the heart and pulse of innovation History: We were born this way because of Ronnie Staff experience: over 15 years working in high-performing NPOs 5) The Future Key Milestones 2012: 1st cohort unveiling event 2013: 2nd cohort BOD covering operating costs annual dinner 2014: 3rd cohort increased ASHK staffing 25th anniv dinner & launch 2015: 1st cohort "handed off" Industry Problem: Class divide/OWS among nonprofits: 80% of dollars go to the same, bigger nonprofits every year 40% of nonprofits were created in the past 10 years but they only receive 15% of the funding Crowded field: over 10,000 nonprofits in Bay Area Yet 75% of nonprofits have a budget under $500K the number of foundations in the U.S. What's the solution? 3) The Solution HOW: We fund start-up Bay Area nonprofits to break the cycle of poverty for low-income youth. At the same time, almost a quarter of Bay Area youth are living in poverty. Time is now to encourage ideas and innovation within the third sector to impact low-income youth There is a clear need and market opportunity: Most of the nonprofits are small, but the smallest and newest ones get the least amount of funding. American innovation untapped potential of the kids. F: the private and public sectors are failing our kids our nation is falling behind. It is in unproven nonprofits that anwers to social problems are waiting to be uncovered. ![]() Transcript: 1) Team 2) The Problem Why Should I Care? WHY? We believe in the power of ideas.
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