Fundraising

Chairs:
Yelena Kalinsky kyelenak@gmail.com
Julia Kramer julrosekram@gmail.com

Function:
Grants, crowd funding, fundraising events/classes, owner loan campaign
Fundraising Google Folder

 

Notes from the Visioning Meeting

Crowdfunding: use to raise lower amounts of money. Resource examples: Go Fund Me, Patronicity, Kickstarter

Owner loans: use to raise larger amounts of money

    • Owner loans are risky because we must make money to repay them. May have to do these after co-op has been established and money is incoming.Grants: research grants we are eligible for

Grants: research grants we are eligible for

USDA funding may be available

Michigan Good Food Fund may be a future funding source

Hold classes on veganism, vegetarianism, etc.

    • Charge price for class itself; charge more if students want to use our supplies,     ingredients, etc.
    • Classes combine fundraising with education, outreach, & community engagement.

Hold fundraisers at local venues such as Everybody Reads.

Volunteerism: use volunteers as much as possible to keep costs low and food affordable

Other Ideas:
- Careful of overlap with existing organizations: incubator and
kitchens; compost (Katie)
- Mutual support: carry products from existing businesses - deli/baked
- KEEP COSTS LOW
- Moon Co-op in Ohio - separate 501(c)(3) nonprofit to apply for USDA
grants
- Status: MI Non-profit corporation, not 501(c)(3) (federal)
- OWNER LOANS: w/ established owners/partners; large sums of $$;
targeted asks
- EDUCATION: suggested donation for workshops/classes - co-op
(nutrition, MSU Extension)
- HOSPITALS: small grants for nutrition and health
- Greater Lansing Food Bank relationship?
- GRANTS: CEDAM; MEDC; Community Foundation; LEAP
- CANVASSING: community, membership building
- Aging populations services and support: nutrition education targeted
- Utilizing existing resources: Kitchens (ANC, churches)
- Partner with Neighborhood Associations
- Up & Coming Conference (NCG)
- Can members loans come after more solidified business plan? When there is more stability
- Healthy foods, Hospital, University, supply chain for cafeteria