This journal, besides sharing the progress of our emergence as an operating foundation, is also meant to be a useful reference or blueprint for anyone wanting to start their own NFP. The biggest challenge for me, has been a lot of the compliance elements of the program. It is almost tax time, and I am a bit freaked out. This year has been less complex for reporting than in the future I am sure because the funding has been entirely from a single endowment provided by myself to the foundation. Still, I am required to report all of the financials with regards to the use of our funds. I will create a breakdown that will be made visible soon.
I actually like data entry, and creating graphs, and all sorts of crunching numbers, but when it comes to filling out forms, that is a different story. Luckily the Foundations Group that has been instrumental to me starting this project has a program that will do this work for me. I will try to share all that I learn for those who cannot afford their services.
Stay tuned for more information!
An Idealist-Realist. Striving to Bring those Idealistic Dreams into Reality.