Monday, October 5, 2009

Looking Back at $20,000

As a graduate student planning to start a nonprofit, creating Reach's first budget was somewhat intimidating.  To think about spending $50,000 during 2009, I had to think about raising that money.  Having never done significant development work before, I had no idea how difficult this task would be.  While the current economy presents known challenges, we have still had some success.  During this week, we moved beyond $20,000 in collected funds.  When pledged funds are included, we have raised almost $25,000.  In the coming weeks, we will move past the halfway point to our 2009 goal.  While this is an exciting accomplishment, it also makes clear that there is a long way to go.

Additionally, 2010 bring its own exciting challenges.  As we begin to approach funders about our plans for the future, we have had to complete a budget for 2010.  While 2009 was a year for planning on a shoestring budget, 2010 will involve program launch, the publication of training materials, the purchase of curricular materials, and the hiring of our first contract teachers.  There is a great amount of excitement surrounding all of these firsts, but they also involve significant expenses for Reach, Inc. During 2010, our budget grows to $150,000, which of course means that we will have to raise $150,000.  Despite the intimidation inherent in setting such goals, I know that we'll get there.

Thanks, as always, for reading.
Mark
Founder and President - Reach, Inc.

1 comment:

  1. Hey Mark! I'm sorry for not getting in touch sooner. I've been checking up on your progress every few weeks and I'm really excited to see how far you've come in such a short time. Very impressive! I also wanted to remind you that I raise money for a non-profit for a living - and have been for more than 3 years now (holy shit, I can't believe it's been that long!) If you would like any help, advice, suggestions, or just someone to toss around ideas with, I'd love to help. I have so much respect for you for going out on your own and turning an awesome idea into a real program. If any of my fundraising experience can help you along the way, I'm more than willing to pass it on. Let me know. And hang in there, Mark!

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