Event:2016/04/11 Fundraising

Omni Fundraising WG Meeting - Monday 11 April 2016

= Attendees =
 * Jenny, Marcus, Laura, Matt

= Update on Loan Apps =

Mr Green

 * Laura: He said "It would be easier if the ownership of the building was in an LLC. Being a new, recent nonprofit with no history of consistent donations over a long period of time is difficult. Wants to see the 990s. If we had a guarantor, would be a game-changer."
 * Jenny: Sounds like he's suggesting the same model the Berkeley Student Business folks suggested.
 * Matt: What about event rental income?
 * Laura: Don't understand why he's asking for stuff we've already sent him.
 * Laura: I think we should apply directly to Beneficial, with Dick Fletcher of BSB.
 * 

= May Rent =
 * We have $5K in the bank, still could pin down 2 $5K loans
 * Probably will need another $5K loan
 * About $7500 in invoices paid in the last 30 days

= Action Items =
 * Apply to BSB (Laura)
 * Apply to Western Fed (jenny)
 * Omni Get Our Shit Together Sesh round 1 - Wednesday @ 2:30pm, Round 2: Saturday 4/16 1pm, prep for big restructuring work party on 4/30.
 * Sync 501c3 & 990 financials
 * Contingent on figuring out the fiscal sponsorship stuff