BOOTCAMP SOCIAL INNOVATION ACCELERATOR TO CREATE LASTING CHANGE POWERED BY SANTANDER TO CREATE LASTING CHANGE

MANAGING THE CAPITAL

Founder & Managing Director, Cause Studio Kimberly O’Neil Founder & Managing Director, Cause Studio

OVERVIEW OF TOPICS AND OBJECTIVES Managing the Capital Objective(s) Managing Funds Raised Tracking Donors and Dollars Communicating Results There is nothing more important to first determining if there is product-market fit. Every other assumption will flow from here.

MANAGING FUNDS RAISED Accounting and Internal Controls Hire an accountant or retain accounting services Ensure there are clear internal controls and processes for donor funds Get quotes and compare costs Follow a defined procurement process Keep detailed receipts! Keep detailed receipts!! Keep detailed receipts!!! There is nothing more important to first determining if there is product-market fit. Every other assumption will flow from here.

MANAGING FUNDS RAISED Commit to Deliverables in Funding Requests Develop a project timeline – include funder report dates Be clear of intent Ensure there is a solid team in place Monitor and report progress Evaluate outcomes Prepare and share final report Be sure to meet ALL deliverables outlined in your funding request Request permission from funder if your proposal changes. There is nothing more important to first determining if there is product-market fit. Every other assumption will flow from here.

TRACKING DONORS AND DOLLARS Effective Finance Team and Accounting System Funds can only be used for the purpose requested or stated Strive for unrestricted funds whenever possible Solid Fund Development Team Invest in training Treat this a priority User Friendly Donor Management Software Ask nonprofit peers for recommendations Request trials or presentations from software companies Pick a system you can grow into. Think long-term There is nothing more important to first determining if there is product-market fit. Every other assumption will flow from here.

COMMUNICATING RESULTS Share Outcomes Beyond Numbers Served Include data that shares the story Quantify to the extent possible Use anecdotal stories to set the tone Use quantifiable date to prove your impact Prepare Annual Reports Complete Timely Funder Progress and Final Reports Use Visual Aids Infographics Pictures Build Relationships and Engage Beyond Funding Period There is nothing more important to first determining if there is product-market fit. Every other assumption will flow from here.

QUESTIONS?