Partner or Form a Nonprofit
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Forming or Partnering with a Nonprofit Organization: Which One’s For You? Heather Carpenter M.M. Nonprofit Administration
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EIA Conference Chicago 7/10
Transcript of Partner or Form a Nonprofit
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
[email protected]://www.nonprofitalternatives.org
http://www.nonprofitleadership601.blogspot.comTwitter: @heathercarpente
Starting a Nonprofit Toolkit $10Nonprofit Operations Toolkit $20
