Bridge 2 Opportunities, LLC Capital Strategy for the Florida-Georgia District
WELCOME
Purpose for This Webinar Why are we here?
State of the State What is our collective need?
Steps of Evaluation and District Position How did we reach our position? Identification Bridge 2 Opportunities – How did Bridge 2 Opportunities get on our radar... Evaluation – What we saw them accomplish... Assessment – What we went through in considering them... Decision – We have decided to endorse them and recommend engagement...
Introduction Bridge 2 Opportunities How will Bridge 2 Opportunities Help US…
Focus Tax Credits Opportunity – Georgia - $58 Million Fund – Florida - $229 Million Fund Goal – $25,000 per school – Commitment is currently for GA Schools only; how or if we can impact FL Step Up Program is to be determined
Focus Grants Small – Opportunity Universal Fit; Low Doc; Moderate Dollar Output; Short Turnaround – Goal $20,000 per school Large – Opportunity – Targeted Fit; Detail Proposals; High Compliance Requirements; Require Matching and Bridge Funding; Capacity Building and Long Range Planning; High Dollar Output; Long Turnaround – Goal TBD
Examples of Small Grants
Areas of Responsibilities B2O will... Plan Implement Execute Outreach Manage Follow-up Report FL-GA District will... Monitor Progress Hold B2O Accountable to Commitments Provide Feedback to B2O Provide Introductions to Areas of influence Schools and Congregations will... Provide Localized Profile Information Provide Introductions to Areas of influence Provide Feedback to District Implement On Site Efforts
Plan of Action Phase 1 Program Set Up Data Collection Timing August-September
Plan of Action Phase 2 Program Launch – Tax Credit Rollout Training Communication Outreach – Grant Opportunity Research Application Timing September-November
Plan of Action Phase 3 Implementation and Follow Through – Tax Credit Communication Outreach Processing – Grant Opportunity Research Application Timing November-March
Keys to Success Planning Buy In Communication Timely Execution Follow Through
Investment Initial Cost $200 per month / per school for 6 Months Success Fee 10% of Funds Delivered Return On Investment (ROI) Plus Success Fee is NOT Paid Until Initial Cost Plus 20% is Reimbursed
Q&A
What Are The Next Steps?
THANKYOU THANK YOU
Contact Information Charles Wilkinson Bridge 2 Opportunities, LLC