https://omnicommons.org/mediawiki/index.php?title=Event:2016/02/15_Fundraising&feed=atom&action=historyEvent:2016/02/15 Fundraising - Revision history2024-03-28T20:35:08ZRevision history for this page on the wikiMediaWiki 1.37.2https://omnicommons.org/mediawiki/index.php?title=Event:2016/02/15_Fundraising&diff=4854&oldid=prevTunabananas at 16:39, 11 August 20162016-08-11T16:39:34Z<p></p>
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</table>Tunabananashttps://omnicommons.org/mediawiki/index.php?title=Event:2016/02/15_Fundraising&diff=4627&oldid=prevYar: copy from pad2016-02-16T04:27:36Z<p>copy from pad</p>
<p><b>New page</b></p><div>Omni Fundraising WG Monday February 15, 2016<br />
<br />
= intros =<br />
* yar, marcus, matt, marc, david, remote-jenny<br />
<br />
= updates =<br />
* need money. a lot.<br />
<br />
= overview of work done and work needed =<br />
* yar: i want to craft a simple volunteer pitch for all working groups. can we answer these questions?<br />
<br />
=== what has fundraising wg accomplished in past 6 months? ===<br />
* building & cultivating potential donor relationships<br />
** nearly secured private loan<br />
* changed strategy to pursue a mortgage<br />
* successfully participated in rectifying our accounting books - necessary for our 501c3 app and mortgage application<br />
* updated our rent breakdown<br />
* successfully blurred boundaries with the finance working group<br />
* talked about novels<br />
* fulfilling most of our indiegogo perks<br />
* researched many fundraising options<br />
<br />
=== what work is currently in progress? ===<br />
* our mortgage application (and therefore purchase)<br />
<br />
=== what work needs to be done? ===<br />
* grant applications<br />
* research<br />
* remaining mortgage todos:<br />
** creating & improving our financial docs. pro formas, projected budgets<br />
** improving rent roll (in process - proposed to delegates)<br />
** compiling necessary documentation - some things we still need to get<br />
** letters of support from neighbors & BID<br />
** have a professional to look over app<br />
* reinstating use permits. important missing pieces:<br />
* structural inspection from past 3 years<br />
* laundry list of other things<br />
** more comprehensive updated floorplans (fire inspection also needs that)<br />
** demonstrate continuous historical use of building - jenny & DK working on it (avoids $8k fee)<br />
*** DK already scanned & annotated newspapers going back to 1934<br />
<br />
=== what do we need from new volunteers? ===<br />
* skills: <br />
* time commitment: <br />
* dk: we need people working on on-paper business-plan-esque strategic vision for omni, and for specific aspects of omni focused on generating revenue such as ballroom, event booking...<br />
** having business plan for event booking would help get loans from people in community who are used to seeing something like that<br />
** we're gonna make the whole building ADA accessible! paint everywhere! pay to fly anarchists out here!<br />
** collaterol to excite people<br />
** have an online brochure advertising ballroom - have your wedding here!<br />
* matt's summary: enhance production, marketing, therefore making outreach easier<br />
* communication and coordination tasks<br />
** get every collective to pay with bank transfers or quickbooks, who isn't already doing it<br />
<br />
== professional ==<br />
have a professional to look over app<br />
* DK talked to a "non-profit specializing CPA"<br />
* you can get "certified financial review" - they'll rubber stamp it (looks better) and they'll find bugs in your data.<br />
** rick from BACLT can help<br />
** michael the mortgage broker<br />
** marc: worth it. 3-5k tho<br />
** dk knows someone to look it over but he can't do the official stamp. friend's brother in chicago. won't look at every transaction, just overalls and spot-check stuff.<br />
** marc: will it significantly help our chances?<br />
*** dk: i think it'll bump our chances. we're so young, inspires confidence.<br />
** we'll try the unofficial person first. need to give him access to quickbooks - everyone is ok with that<br />
* yar: also materials for first friday outreach - stickers, etc<br />
* help with our next crowdfunding campaign<br />
** save the omni!<br />
** leader, and workers<br />
** getting content ready<br />
** talking to a lot of journalists<br />
** networking<br />
<br />
== city stuff ==<br />
* discussion of getting zoning clearance & business tax license. maybe we should just go downtown and apply.<br />
<br />
== in-community lender ==<br />
* good for another 10k, but that's it. making less money next month. really need to figure out april rent NOW<br />
<br />
== p & l ==<br />
* DONE<br />
* take that, profit & loss!<br />
* now jesse can send 501c3 app. woo hoo!!!</div>Yar