April 22, 2015 - Event Recap
On April 16th, 2015, members met to hear from Community Partners in an ongoing Impact Austin Talking Series: “Where Impact Intersects.”
You end up running to patch one thing after another just to keep things together over the years. And that's exactly how non-profits have had to operate; they open their doors and provide much needed programming from a house that's barely standing.
But nonprofits know it takes more than programming to support their mission. They know they need to build capacity and reinforce their foundation but they can’t find the funding. It’s easy to raise money for the wonderful programs, but nearly impossible to find funds to fortify the underlying structure of their organization.
Our Community Partners shared some of their own challenges in building stronger organizations:
Finally things are changing.
Large and small foundations across the country (and even the government!) have realized the importance of building up the nonprofits themselves and are now offering new capacity building grants, separate from the specific program grants, that focus on building each nonprofit’s future performance, impact and sustainability.
And Impact Austin isn't one to be left behind.
Doing things in the traditional Impact Austin way, with lots of research on trends and best practices, due diligence, and detailed process, Impact Austin has launched a pilot for our version of a capacity building grant: the new Catalyst Grant. So, at our Annual Meeting on June 8th, come prepared to vote on a finalist for the Catalyst Grant based on that organization’s ability to apply the grant according to our definition:
The Catalyst Grant provides funding for the purpose of strengthening or growing a nonprofit organization in order to improve its future performance, impact and sustainability, all in support of its mission and vision.
We’ve listened to our Community Partners and have watched the trends around the country; now we’re excited to be creating solutions that will make Austin area non-profits more stable, effective and self-sustaining for years to come.
Mark your calendar for May 5, when the next IMPACT-eduTalking Series is scheduled! Click here to reserve your seat at an informative Brown Bag Lunch.