start your nonprofit right!
TRANSCRIPT
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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)