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SHOW ME THE MONEY!

SHOW ME THE MONEY!. Practical Ways to Fund Your Projects!. Deborah R. Hennon Director of Emergency & Community Services Lawrence County Community Action Partnership. You are in a race for your livelihood!!!. Session Goals. It’s all about the money??!!

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SHOW ME THE MONEY!

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  1. SHOW ME THE MONEY! Practical Ways to Fund Your Projects! Deborah R. Hennon Director of Emergency & Community Services Lawrence County Community Action Partnership

  2. You are in a race for your livelihood!!!

  3. Session Goals • It’s all about the money??!! • How, When, Where & Why access multiple sources of funding for your projects • Pitfalls • Process Anyone Can Be Successful At!

  4. Who are we? • Debby Hennon • Lawrence County Community Action Partnership • Director of Housing & Supportive Services • Agency -- $18,000,000 in Program Grants • Department -- • $3,000.000 • Approximately 20 different sources • 7 Program groups.

  5. Largest Projects To Date • Regional Lead Hazard Control Grant -- $3,000,000 • Provided Housing Rehabilitation Services • Requires $ for $ match • Provides services to well over 20 different municipalities • Services conducted by NUMEROUS partners • Municipalities • Non-Profits • For-Profits – • Supplies • Contractors • Requires Training and Licenses by L&I.

  6. Largest Projects To Date…. • Neighborhood Stabilization Program • Began as $5,500,000 project • Serving 27 municipalities • Requiring Leverage Dollars • Each munipality manages seperately • Actually received $3,300,000 • ARRA funding held several loopholes/hazards

  7. What is a Multi-Funded Project?? • Unified Effort • Various Elements • Several Resources • Numerous Partners

  8. Advantages to Multi-Funding Projects • Undertake More Worthwhile Projects • Leverage Knowledge • Create New Opportunities • Develop Internal Capacity • Gain Repect = $$$$

  9. How do I start? Define the Project Recognize the Elements Identify Funding Resources

  10. Do your Homework! Learn the Language Understand program requirements Embrace the mission of the funder

  11. Important!! • Cooperation with Partners • CJAB’s ARE CRITICAL • Expertise • Funding Available • Outside Normal Boxes • Networking

  12. Before you reach out to funders Tear your program to pieces. Look for funding for each piece Decide the best partner to reach out for those funds

  13. Pitching Your Projects • Keep funder’s mission in mind • Focus on the funder’s key element • Get the funder’s attention by highlighting this project is: • A small part of larger project • Leveraging additional funding • Supported by multiple partners

  14. Possible Pitfalls • Risk Assessment • Commencement Issues • Structure your projects accordingly • Prevailing Wage Rates vs. Budget Estimates • Different Program Requirements • Program Eligibility • Reporting Requirements Project Initiation

  15. Possible Pitfalls • Match Requirements • Numerous Funding Contacts • Time for meetings with partners • Multiple reporting • So many • What’s being reported to whom? Project Administration

  16. Possible Pitfalls • Did you do what you said you were going to do? • Did everyone else do what they said they were going to do? Project Completion

  17. Lawrence County’s Prisoner Re-Entry Program • Housing • Drug & Alcohol • Probation & Parole • Mentoring • Employment • Case Management Elements

  18. Lawrence County’s Prisoner Re-Entry Program • County Commissioners • Courts • Probation & Parole • Lawrence County Community Action Partnership • Drug & Alcohol Commission • Community Alternatives • United Community Services • Crisis Shelter of Lawrence County • City Rescue Mission • Lawrence County Housing Authority • Children’s Advocacy • Jesus Christ of Later Day Saints • New Castle Ministerial • Catholic Charities • Salvation Army • Local Carpenters Union Partners

  19. Lawrence County’s Prisoner Re-Entry Program Budget

  20. Lawrence County’s Prisoner Re-Entry Program • PCCD Drug & Alcohol • DCED Employment • Private Mentoring • Labor & Industry Case Management • Board of Probation & Parole Probation & Parole Funders

  21. Questions?

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