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GSP: Grant Strategic Plans

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What is a GSP and how do you use it?

What is a GSP and how do you use it?

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Transcript

  • 1. Fund Development & Grant Strategic Plans (GSP)
  • 2. What are your CSPs?
  • 3. Challenges Solutions Potential
  • 4. Challenges that you face today
  • 5. You need... More staffing To monitor your accounting and record keeping More money and cash flow
  • 6. Grant (s) confusion!
    • What are they?
    • Where you get them?
    • Why can’t YOU get them??
    • WHY do you want them?
    • How big, how small?
    • Some misconceptions about Grants
  • 7. How we can help
  • 8. We offer three different services
    • Compliance
    • Accountancy
    • Fund development, Grant Strategic Plans (GSP) & Grants
  • 9. Package A : Review current status for compliance for IRS , Franchise Tax Board , Board of Equalization , Attorney General , Tax Assessors Report , past two years tax returns, and any forms for any foundations that you do business with, want to or plan to . Package B : for nonprofits doing less than $50K annual gross income: Review as above with all agencies and filing of required forms Package C : for nonprofits doing less than $50K annual gross income: Complete balance sheet, P &L forms, most recent IRS tax returns, plus filing of all forms in “B” NOTE: We have found that even the “ large ” nonprofits have compliance challenges as their monitoring becomes more cumbersome
  • 10. Package A : Accounting System: Set up internal controls for proper nonprofit operation. Components include: internal controls; accounts receivable and payable; general ledger Package B : Budgeting System: Set up budget along with business plans for grant writing Package C : Monthly reporting package: CFO on demand Complete financial reporting for management, governing boards, auditors, IRS & regulatory agencies and Foundations. Includes preparation of Audit Papers, OMB circulars, Codes of regulations, etc... Do you have Audited Financials?
  • 11. Package B : Fund development & Grant Strategic Plans (GSP): This is a turn key program for efficient, effective and proven fund raising processes and programs Package A1 : Grant application package: a STAND ALONE package for those looking for grant money and includes: mission statement; project outcomes; outcome measurements; statistics Package A : Grant application add-on: An ADD ON to the Accountancy package B and includes: mission statement; project outcomes; outcome measurements; statistics Grant Writing : very specific to each nonprofit and the target donor
  • 12. What are your biggest pains?
  • 13. The biggest needs? Fund Development and Grant Strategic Plans (GSP)
  • 14. Grant Strategic Plans (GSP)
    • Like a Business Plan for a regular business. Some stats:
    • Over 90% of all businesses have no plan
    • The chances of getting outside financing without one? 0%
  • 15. is not borne by Passion alone... Success
  • 16.
    • The right combination:
    • 40% grant
    • 60% “other”
      • Donor cultivation
      • Planned giving
      • Events coordination
  • 17. (What is your) Potential? How many can you serve? How many can you help?
  • 18. Success How high can you go?
  • 19. I would rather change my ways and succeed than keep doing what I’m doing and fail. GK
  • 20. May I introduce
  • 21. Gitonga Kanampiu, MBA, CPA 20 years in the nonprofit world Former Controller Easter Seals, 7 years Writer of countless grants including one for $40M A man of humble origins that never gave up Teacher at National University & Cal State Fullerton Summer School for Nonprofits
  • 22. Your team Your board Foundations Grant writers Compliance Specialists Accountants Gitonga & Team
  • 23. How large is your organization? Small: < $250 annual budget Medium: $250K-$1.5M Large: $1.5M We’ve done the surveys. We know what you need..
  • 24. Don’t be a “Shoebox” nonprofit
    • No ED (or one without a salary)
    • No Board (or one that is not committed, engaged or productive)
    • No money…
  • 25. Next steps: Complete our information sheet Do an assessment of your organization Ask yourself: “Are you serious” Call us if we can help
  • 26. Together we can make a difference