Event:2016/09/26 Fundraising

Fundraising WG - 26 Sept 2016

Attendees

• Laura, Marcus, Jenny, Jacob (merchants of reality), Mary Ann

Update from Merchants of Reality

• Bills getting high (~$20K/month), struggling to stay in the building (historical), applying for grants
• Also want to buy the building ($6m, several other businesses in the building)
• Lease to be renewed in February, landlord going to increase rent significantly (about $5K more)

Jose can't make Mondays

• Should we change the meeting time?
• Jenny will ask him what other night is better (Wednesday?), or if he just needs to take a break, what it means
• IS the balance sheet ready to send to tax preparer?

We should do End of Year fundraising letter

• Can just do email, even though usually mail requests do better
• What has happened this year and what are the palns for the coming year
• Can we get a matching grant from someone?

Finance Updates

• Total October expenses: $16,766.15
• Currently in the bank: $6,918.36
• Currently definitely incoming: $3,700
• Total projected incoming: $7,543.00
• Definite incoming + currently in bank = $10,618
• Total projected by 10/1: $14,461.36
• Total projected gap: $2,135.64

Grants & Loans

• Real Vegan Cheese agreed to loan us $2500
• Other grant proposals in queue await financial review, says Mary Ann

Buy the Building Updates

• Meeting with Jesse tonight to discuss the donor's loan
  • See agenda above
• Potential "vehicle" via EBCF?

Meetings w/ Stephaney

... sucks

• Fundraising info she sent very basic
• When do we actually want to meet w Stephaney - every other week. LAura will send her an email about when we will meet and what else we want her to do based upon her scope.
• Back up lawyer referral doesn't seem appropriate - LAura will call to discuss w her directly.
• Capital needs assessments list

Action Items

• Contact Crystal from Lawyers' Committee for Civil Rights - Laura
• Event rental brochure is in limbo, but Marcus may create one this week without info from Libby
• COntact capital needs assessment groups for estimates - Marcus
• Input sponsored project assets into Quickbooks - Jenny
• Figure out $2K October shortfall - Jenny
• Contact Stephaney re: steps forward - Laura
• Pitch $20K loan to Labitat - Marc
• Talk to Jose about Wed meeting time or his taking a break - Jenny

Misc. Link Dump

• Will Omni Make It Next Month: https://docs.google.com/spreadsheets/d/1PU2CZbjRDOccfu9drVvU52xYbLl640ahbPornJkTqAs/edit#gid=211310338
• ABDC Oakland Asset list: https://docs.google.com/spreadsheets/d/13-xhS0loKy-OQ-xd5smlMA7e8kvbEoRWYMKcvOqB3x0/edit?usp=sharing
• Liberated Lens Asset List: https://docs.google.com/spreadsheets/d/10HLElbCMQcWrqIsqt6zgJK53W8KxpubcrDQAOh1owsg/edit?ts=57ea116c#gid=1821286687
• Real Vegan Cheese Asset list: Jenny talk to Marc and Craig. Also, ping GWS
• Pro Forma: https://docs.google.com/spreadsheets/d/1rvkMc5lmd8PovoViNLdvlrv0tSyvrH7iB0SmGqaFec8/edit#gid=2114142824
• Option to Purchase: https://drive.google.com/file/d/0B4_Q7DQvNFT-UTJpV1pBNnJDQ1k/view
• EventPro Software: http://www.eventpro.net/pricing.html
• Capital Needs Assessor referrals: https://drive.google.com/open?id=0B4_Q7DQvNFT-X015eHdIR2lVY3p0N3huT3hEX3Y3UmQ2elhJ