TITLE : The Other Side of the Coin: Exploring Earned Income Possibilities
CITY : Washington , DC
DATE : Tuesday, June 08, 2010
TIME : 8:30 AM - 12:00 PM
PRICE : $ 110.00
The Other Side of the Coin: Exploring Earned Income Possibilities
 

Earned income is any income which a nonprofit receives from sources other than contributions and grants. With increasing competition and dwindling resources, it is more crucial and more critical than ever before that nonprofit organizations fully and creatively explore earned income possibilities, not only for simple survival, but also for the development of new and innovative programming. Nonprofits that sell products or offer income generating services are more common than you may realize.

In this session, we will cover topics such as the following:

-Tips on assessing whether your nonprofit is ready to tackle this important form of revenue generation
-Linking Earned Income to your organization’s Mission
-Identifying present organizational earned income strengths and weaknesses
-Exploring innovative, creative earned income possibilities
-Unrelated Business Income Tax (UBIT) - General Rules
-Earned Income Case Study & Success Story
- Ways to measure success & avoid failure

This session will prepare you with tips, tools and knowledge to start up or advance earned income at your nonprofit and secure your organization’s future.

This session is intended for Executive Directors, Chief Operating Officers, Chief Financial Officers and Board Members.

Speakers for this session:

Meghan Kappus
Senior Associate
Community Wealth Ventures, Inc

As a Senior Associate with Community Wealth Ventures, Meghan Kappus supports both the organizations participating in the Community Wealth Collaborative and Workshop Series programs, and those receiving customized support through the Nonprofit Services Practice. Meghan has provided market research and data analysis support to nonprofit organizations participating in the Cleveland, Newark, Dallas/Fort Worth and Greater Cincinnati/Northern Kentucky Collaborative programs as well as the North Central Massachusetts Workshop Series program. Meghan has also worked with nonprofit clients to assess the feasibility of and/or create business plans for business opportunities in a variety of industries including historical museums, retail food, financial services, construction, healthcare and automobile sales.

Maja Loncar
Director
Greater Washington Area Chapter of Hadassah

Maja is an Executive Director for the Greater Washington Area Chapter of Hadassah. Maja works closely with the President of the Chapter and the Chapter Board to develop and implement membership marketing and fund raising campaigns, as well as many creative earned income events. Some of these earned income events included jewelry appraisal day, a shopping day, a gold to grain program, and auctions. The Chapter has risen over $1.8 million in the past year in various fundraising events, and earned income programs. Maja also advises key Program Event Chairs on various events and ensures that fundraising, membership and educational components of Hadassah’s mission are successfully carried out. Maja has previously worked at the International Organization for Migration (IOM) in various positions. Maja has MA in International Commerce and Policy from George Mason University, Arlington, VA and BA in Psychology (with Honors) from Rhode Island College, Providence, RI.

Christina Ng
Consultant
Community Wealth Ventures, Inc (CWV)

Christina works with both nonprofit and foundation clients interested in building asset-based strategies for organizational growth or those interested in launching or expanding social enterprises. While at CWV, much of Christina’s work has focused on developing business and strategic growth plans, developing organizational mergers, acquisitions and partnerships as well as assessing opportunities for earned income ventures. Her particular areas of expertise center on market and financial analysis, enterprise scaling strategies and merger, and partnership development. Christina’s projects span a range of industries, including health, youth development, education, information technology and community and economic development. Christina is a faculty member of the NeighborWorks Training Institute. Christina graduated cum laude from Duke University with BA degrees in Economics and Public Policy Studies, focusing on nonprofit organizations and community development. She comes to CWV with experience in public affairs and strategic communications consulting.

Jerry Rehm
Director of Business Management
United States Holocaust Memorial Museum

Jerry has been involved in fundraising and business management for 22 years. In his current position, he is responsible for creating, developing, managing, and advocating for the Museum's ancillary income activities. This includes the Museum Shop, a 7 day a week operation with 16 staff that performs on-site sales, internet site, product development, and back office functions. In addition, he is responsible for onsite visitor donations, royalty income from publications, Museum contact for its cafe contractor, managing or advising on cash handling, business management review of contracts and other activities. Previously, as Director of Product Development at American Vocational Association, Jerry was responsible for Managed the direct mail sales of books and products produced or acquired by the Association. He supervised staff, the order fulfillment process, and the market research for the development of association products. Before that, he was the owner of The Book Merchant where he was responsible for all operations of a downtown Dallas technical bookstore with an emphasis in business and computer titles. He earned BA degree in Political Science from Vanderbilt University. Formerly he was a volunteer and board member of the American Booksellers Association.

 

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