Event:2016/04/11 Fundraising
Revision as of 16:36, 11 August 2016 by Tunabananas (talk | contribs)
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.
- <side snickers about puke jokes and dick jokes>
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
- Sync 501c3 & 990 financials