Forming or Partnering with a Nonprofit

Organization:

Which One’s For You?

Heather Carpenter M.M. Nonprofit Administration

Workshop OverviewSocial Enterprises

Partnering with a Nonprofit

Forming a Nonprofit Organization

Social EnterprisesCorporation

B Corporation http://www.bcorporation.net/ Corporation with a nonprofit arm

LLCLLC with a nonprofit armL3C

Nonprofit

Nonprofit

Nonprofit myths

501c3 Tax Status

Public Benefit

No ownersLegal and fiduciary oversight by the

Board of Directors

Overview and Importance of Nonprofit Industry

Number of Nonprofits Today

Number of Nonprofit Employees

Training and Education Opportunities

Partnering with a Nonprofit

“Advance goals you cannot readily advance alone”

Partnering with a Nonprofit

Identify a common problem

Find shared goals

Have clear expectations

Build trust and respect

Have leadership support

Source: The ART of Effective Business & Non-Profit PARTNERSHIPS Finding the Intersection of Business Need and Social Good http://www.workingfamilyresourcecenter.org/wfrc/docs/Non-ProfitandBusinessPartnerships.pdf

Common Barriers to Partnership

How decisions are made.

Timeframe of partnership.

Confusion over commitment, capacity, and resources.Evaluate partnership on a regular basis.

Source: The ART of Effective Business & Non-Profit PARTNERSHIPS Finding the Intersection of Business Need and Social Good http://www.workingfamilyresourcecenter.org/wfrc/docs/Non-ProfitandBusinessPartnerships.pdf

Types of Partnerships

Cause Marketing

Programmatic

Operational

How to Find a PartnerGuidestar

Through a Nonprofit State Association

Take a course at a local nonprofit management support organization

Through this association

A well known foundation that funds your particular interest area

Others?

Partnership ExerciseFind a partner

Trade off asking the partnerWhat problems or needs do you currently

have in your business? P1How can the potential partner help solve your

problem? P2 What can you offer them that will be mutually

beneficial? P2

Forming a Nonprofit Organization

“There is a market and a need”

Forming a Nonprofit Organization

Two Options: Get fiscal sponsorship and then

apply for 501c3 status

Apply for 501c3 status Post-conference session

Heather Carpenter

heathercarpenter@nonprofitalternatives.orghttp://www.nonprofitalternatives.org

http://www.nonprofitleadership601.blogspot.comTwitter: @heathercarpente

Starting a Nonprofit Toolkit $10Nonprofit Operations Toolkit $20