Financing Models: Grants AND Earned Income: Grand Rapids

Wed, 02/08/2017 - 8:30am to 12:00pm

In an article for Nonprofit Quarterly, Jon Pratt, executive director of the Minnesota Council of Nonprofits, outlined common nonprofit financing models or archetypes. Each archetype requires different systems and structures to bring in contributions or grants and unique relationships with the community and funders, plus provides varying levels of funding reliability and autonomy.  

At the February session of the Healthy Nonprofits, Healthy Communities learning series in Grand Rapids, MN, we will more deeply explore the financing models of corporate/foundation grants and earned income. 

Corporate and Foundation Grants: Identifying solid grant funding prospects requires an understanding of the philanthropic field, research tools, and a strong understanding of your organization's goals. This will be an interactive workshop designed to review and discuss the fundamentals of foundation research, pre-proposal preparation, funder relations and the common components of a well-crafted grant proposal. We will also explore current philanthropic trends across the State of Minnesota. Linda Holliday, principal-owner of Impact Minnesota, has over 25 years of experience in grants research and writing, nonprofit management, leadership development and philanthropy, and has successfully authored or co-authored over $25 million in grant awards.  Linda served as vice president for organizational development for the Initiative Foundation from 2000-2016, and was selected as a 2010 Archibald Bush Foundation Leadership Fellow.

Earned Income: “A social enterprise is an organization or initiative that marries the social mission of a non-profit ... with the market-driven approach of a business.” (Social Enterprise Alliance) Nonprofits are becoming more entrepreneurial and are furthering their mission by developing social enterprises to generate earned revenue to add to their mix of revenue sources. Glyn Northington, special initiatives director at NAF, will lead this session that will launch a new social enterprise initiative in Itasca County beginning Fall 2017.

The session is free and will take place from 8:30 a.m. to 12:00 noon at the Timberlake Lodge in Grand Rapids. Networking and ample time for discussion are built into every session. You can attend this interactive and engaging session on its own or plan to attend both the February and April sessions in this financing model series. You will also have the opportunity to apply what you have learned in between sessions to test out the tools and resources at your organization.

About the Presenter

Glyn is an eternal nonprofit optimist who sees training and knowledge sharing as a way to celebrate successes and identify opportunities for improvement. Glyn believes that helping organizations better understand their finances allows them to become healthier nonprofits, which leads to healthier communities for all.



Full Name: 
Glyn Northington