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Philanthropic Entrepreneurial Proposal
 

Philanthropic Entrepreneurial Proposal

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Max Gaines

Max Gaines
Philanthropic Entrepreneurial Proposal
Pratt Institute / Grad CommD
2011
Class: Global Design

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    Philanthropic Entrepreneurial Proposal Philanthropic Entrepreneurial Proposal Presentation Transcript

    • VALUEPublic Service
    • PROPOSALOffer affordable housing to prospective renters.We will require prospective tenants to have abackground that includes community service and/orphilanthropy workAll tenants are held personally responsible for themaintaining the upkeep of not only their space, but theentire property itself.
    • myOWN. Responsibility through (NON) Ownership
    • “We intend to build a societyof owners. We wish to makesure everyone is a participantand encourage personalresponsibility.”George W. Bush, State of the Union, 2005
    • WHO IT’S FOR:Renters residing in theClinton Hill neighborhood ofBrooklyn NY.
    • DELIEVERABLESMy Own will offer affordable housing to prospectiverenters.
    • DIAGRAM Affordable housing Security Rent Community service TENANTS
    • FINANCIALSINCOME:Rent $43,200 - 48,000EXPENSESProperty: $600,000 - 700,000Renovations (typically 20% property value): $100, 000 – 140,0003,500 Sq Ft Commercial Space w ($5500.00 month) $66,000Taxes: (~) $1,500Property Insurance:Insurance (Office Space)Staff + Benefits: (~) $300,000Office Supplies: (~) $15,000ComputersCopy MachineTelephonesMobile PhonesPaperMiscTelephone / Internet: $1,200Advertising $10,000 (~) $1,300,000
    • Responsibility through(NON) Ownership