Board Strategic Funding Plan

Purpose

In order for the Organization to achieve its mission it must continue to diversify its funding sources. The Board of Directors plays a critical role in the planning and execution of the Organization’s fundraising activities. This plan outlines the annual City funding and fundraising activities for the Organization.

City Funding

The Organization will continue to apply for and utilize all available funding from the City of Minneapolis through the Neighborhoods 2020 program. This includes applying for annual Neighborhood Network Funds and Equitable Engagement Funds and meeting program requirements to be eligible for funding.

Contracted Neighborhood Priorities Program (NPP) and Neighborhood Revitalization Program (NRP) funds will be slowly used to supplement the Organization’s annual City funding.

Fundraising

As part of their fiduciary responsibilities, the Organization’s Board of Directors will lead on annual fundraising activities. This could involve planning giving campaigns, drafting and sharing donation messages through the Organization’s communication platforms, and seeking sponsorships or donations.

The Organization’s annual fundraising activities may include but are not limited to:

  • A fall neighborhood donation drive to increase individual donors. Messages will be shared through print communications with donation envelopes, on the website, through the eNews and on social media.
  • The Give to the Max Day fundraising drive each November.
  • Local business donations and sponsorships to support events and activities. Requests will be coordinated through the Organization’s Coordinator and Board of Directors to minimize duplicated requests.
  • Item sales to benefit the organization (lawn signs, shirts, tote bags, etc.).
  • Fundraising events.

Approval & Adoption

Approved and adopted by a vote of the Board of Directors at a properly conducted meeting.

Secretary: Nikki Lindberg

Date: November 16, 2021

Revision History: n/a