EIGHT FRONT RANGE NONPROFITS TO PITCH AND LAUNCH NEW SOCIAL ENTERPRISES

Posted on April 3, 2014 in Member News
DENVER, CO, March 31, 2014—Following a rigorous eight-month business development process in a peer learning environment, eight area nonprofits are ready to pitch and launch their new social ventures. Graduation for the first class of The Colorado Nonprofit Social Enterprise Exchange is on April 9, 2014 from 1—5 p.m. at Mi Casa Resource Center (360 Acoma Street, Denver) where the class will share their plans for raising capital, launching and running their businesses.

The Colorado Nonprofit Social Enterprise Exchange (The Exchange)—a project of interSector Partners, L3C and JVoyles Nonprofit Consulting—is pleased to share that all eight organizations participating in first Social Enterprise Cohort will graduate with businesses well into development. Participating organizations include:  Care and Share Food Bank, Children’s Health Advocacy Institute at Children’s Hospital Colorado, Colorado Youth for a Change, Denver Children’s Advocacy Center, Girls Inc., Plains Conservation Center, The Gathering Place and Youth on Record (formerly flobots.org).

The businesses being launched are as diverse as the nonprofits themselves and include:

Ø  Luxury camping designed to connect people to the beauty and importance of the Colorado Plains

Ø  Children’s party business where kids and their friends learn the ins and outs of recording from area musicians and disadvantaged youth working for the business

Ø  High-end reproductions of original art created by women who are homeless and marketed as corporate greeting cards for businesses wishing to demonstrate their community responsibility

Ø  Trauma-informed training curriculum for teachers, schools, law enforcement and others working with children who have experienced abuse and neglect

“We could not be more proud and excited by the businesses created by the nonprofits in our first cohort,” says program co-founder Rick Zwetsch. “These are our innovators, our risk-takers, our community nonprofits that believe there are better ways to build a sustainable nonprofit while creating jobs for low-income members of our communities. They dedicated an incredible amount of time to developing their new social enterprises, and we’re eager to help them show off their progress at graduation.”

Joining the nonprofits at graduation will be funders and partners of The Exchange including the Third Generation of the Hunt Alternatives Fund, Rose Community FoundationThe Denver Foundation, The Bright Mountain Foundation, Longmont Community FoundationVectra Bank Colorado and Syntrinsic Investment Counsel. Area impact investors, community enterprise funders, foundations and nonprofit leaders will also be on hand to hear the pitches and consider investing in the new social enterprises.

For a schedule of graduation presentations, photos and/or to interview Exchange participants, funders or founders during the April 9th graduation, please contact Caryn Capriccioso at 303.596.7112. To learn more about The Exchange, its funding, participating nonprofits or partners, visit http://www.interSectorL3C.com/exchange.html or contact us by phone or email:caryn@interSectorL3C.com

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New Grant Opportunity for Members of Catalyst Kitchens!

Posted on March 17, 2014 in Member News

Catalyst Kitchens has received a $1.15 Million Grant Award from the Walmart Foundation to pass through to its members providing job training rooted in foodservice social enterprise.

With 50 members across the US, UK and Canada, Catalyst Kitchens member organizations aspire to make a lasting impact – locally and nationally – on the vicious cycle of poverty by providing the most at-risk populations with a sustainable and empowering pathway to economic and social independence and self-sufficiency.

Since its launch, Catalyst Kitchens’ network members have enrolled over 3,500 individuals in job training who were facing significant barriers to employment – individuals who were homeless or on the verge, had only a limited formal education, had served time in prison or had no place to turn.  Over 70% of these individuals completed the program, and more than 1,500 individuals secured employment.  In addition to the thousands of lives changed, these member organizations collectively prepared over 11 million low-cost, nutritious meals for communities in need while generating over $30 million dollars in social enterprise revenue to go back into their program.

Catalyst Kitchens is predicated upon the belief that a network of like-minded organizations can increase each organization's overall impact by leveraging scale, sharing best practices, maintaining standards, and ultimately providing each organization with tools and resources to transform more lives through foodservice social enterprise.  Membership benefits include access to a peer network, discounts and sponsorships, webinars and best practice sharing, special events and more!

Interested in becoming a Catalyst Kitchens member?  Contact us today to learn more atinfo@catalystkitchens.org.  Members enrolled by April 25 and that meet eligibility requirements are encouraged to apply!

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Investing in Communities (IIC): Socially Responsible Real Estate

Posted on November 13, 2013 in Member Stories

In 2010, Urban Partnership Bank (UPB) was on a mission to find the right space for their new nonprofit-focused financial center in downtown Chicago. Numerous qualified real estate brokers competed to represent the bank, but one, Michael Pink, stood out due to his unique offer. Pink, of MAP Real Estate, is a member of a socially responsible real estate nonprofit, Investing in Communities®. IIC helps socially-conscious companies and individuals find the right match with a socially-responsible real estate agent. IIC members like Pink pledge to donate at least 10 percent of IIC-related commissions to the nonprofit that a client selects.

As an FDIC-insured community development bank serving Chicago's urban neighborhoods, UPB makes investing in communities its priority. So, it’s no surprise that the bank recognized a great opportunity in working with an IIC member. UPB would be able to increase its social impact, generate local goodwill and connect with its customer base – at no expense to the bank.

Pink is a seasoned tenant-rep with extensive experience in the Chicago office market. In addition, his generous offer to pledge 15 percent of his commission, through IIC, to UPB’s preferred nonprofit resonated with the bank. It was a unique opportunity for UPB to partner with an organization that shares many of the same values, including the goal to build stronger, healthier communities.

By simply having a standard real estate transaction, UPB was able to support charities at no expense to itself. Once the deal closed, Pink received his commission from the building owner and remitted his 15 percent pledge to IIC. IIC then earmarked 91.25 percent of that pledge, or $42,000, for distribution. Rather than select just one or several nonprofits to benefit from its transaction, UPB decided to give all IIC partners a chance to receive funding through a random drawing at the grand opening of the bank’s new downtown branch. The two organizations decided to split the $42,000 into 15 cash prizes, including one grand prize of $10,000.

The event was a success and gave UPB another opportunity to demonstrate its commitment to the nonprofit community. At the same time, the event garnered attention from local media, providing more exposure of the bank to its target audiences. IIC, UPB, Pink and numerous nonprofits came out as winners.

Working with an IIC member was a smart and fulfilling choice for UPB. Because of this partnership, the bank was able to leverage a corporate real estate need to support the greater good.

IIC works with any brokered real estate transaction: office, retail and industrial leases; and residential purchase and sale transactions. The client is empowered to choose among multiple experienced agents to handle transactions throughout North America, for the benefit of charities of the client’s choice.

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