Start Your Nonprofit Right!

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Start Your Nonprofit Right! PRESENTER: DR. KATHRYN ADDO NONPROFIT CONSULTANT STC CONSULTING MAY 2015

Transcript of Start Your Nonprofit Right!

Page 1: Start Your Nonprofit Right!

Start Your Nonprofit Right!

PRESENTER: DR. KATHRYN ADDO

NONPROFIT CONSULTANT

STC CONSULTING

MAY 2015

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Start Like You Want to Finish!

This presentation discusses:

Philanthropic giving in the African-American community

Why establish a Nonprofit Organization?

What is a Nonprofit Organization?

How STC Consulting helps NPOs start right

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African-American Philanthropy

Philanthropic giving in the African-American community is not new

For 200+ years, African-Americans have donated their time and financial resources to groups and causes that promote the welfare of others

Examples include fraternities, sororities, social fellowships, Masonic organizations, churches and community caring

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3 Patterns of African-American Philanthropy

Humanitarian aid: Designed to ameliorate individual & community hardship

Institutional development or self-help: Establishment of churches, schools, and commercial enterprises for black communities

Movements for social change: “From the abolition of slavery to the elimination of all legal, educational, and economic barriers to racial equality.”

(Source: Dr. Emmet Carson, CEO, Silicon Valley Community Foundation)

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Current African-American Giving

A 2012 W.K. Kellogg Foundation study found:

2/3 of African-American households donate to organizations & causes totaling $11 billion yearly

African-Americans give away 25% more of their income per year than white Americans

(Source: Cultures of Giving: Energizing & Expanding Philanthropy by and for Communities of Color)

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Increasing access to wealth by African-Americans presents the opportunity to “give back” to local & global communities both socially & economically through NPOs

Establishing successful NPOs that are properly organized & managed is a proven way to grow & equip the African-American community for the future

Why Start A Nonprofit Organization?

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What is a Nonprofit Organization?

NPOs are corporate business entities established for a philanthropic purpose

The IRS definition includes 7 classifications: Religious, Charitable, Scientific, Testing for Public Safety, Literary, Educational, Amateur Sports and Prevention of Cruelty to Children/Animals

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Starting Right Makes Sense

A NPO is a corporation governed by state law and federal law if it has a 501(c) classification

Developing business and strategic plans ensure effective operation of the NPO

Appropriate corporate structure and management impacts access to funding

Properly organized & managed NPOs attract people with proficient skills to lead & support the NPO

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Start Right with STC Consulting

STC Consulting is a for-profit business that provides consulting services to NPOs in 4 areas:

Start-up Nonprofit Formation Nonprofit Governance Board Development & Training Youth Leadership & Development

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The STC Consulting Story

STC Consulting is the reality of an entrepreneurial dream to “give back, reach back” to the community

18 years as a licensed minister serving churches as a community development and outreach leader

14 years as a Special Educator in Title I schools that serve socially disadvantaged youth and families

Community-focused legal training at a nationally- recognized HBCU law school

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Can We Help You?

Our ideal client is a NPO startup or a NPO within its first 5 years of operation

We work with organizational leaders, program managers, board members and/or stakeholders whose contributions impact the success of the NPO

We provide our clients with the comprehensive services needed to establish viable & sustainable nonprofits from the ground up!

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Contact Us!

Dr. Kathryn Addo, B.S., J.D., M.Div., Th.M.

Nonprofit Consultant

STC Consulting

(336) 252-4891

Email: [email protected]

Social Media: www.KathrynAddo.com

www.facebook.com/STCtoday

www.Linkedin.com (Kathryn Addo)