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NFP of NOTE: Giving Sum

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Not-For-Profit of Note


Giving Sum
615 N. Alabama St., Suite 119
Indianapolis, IN 46204
Phone: (317) 847-2890
Fax: (317) 860-3232
Web site: www.givingsum.org
Founded: 2008
Paid employees: none (Giving Sum is volunteer-run.)
Highest-paid staff member: not applicable
Top volunteers: founding members Ryan Brady, Darrin Brooks, Lindsay Doucette, Marty Posch

MISSION

Inspire and engage the next generation, mobilizing their passions, talents and resources to support innovative community initiatives.

BOARD OF DIRECTORS

Marty Posch, president
Darrin Brooks, vice president
Randy Henry, treasurer
Ryan Brady, secretary
Lindsay Doucette, founding member

PROGRAMS

Support for innovation: Members contribute $500 to a collective grant fund. They also commit to using their talents and voice to support innovative social benefit ideas. They annually use an objective and democratic process to decide how to allocate $50,000 of financial support, volunteer time and advocacy efforts.

Lunch with Leaders: Giving Sum members sit down with central Indiana's top business, government and not-for-profit leaders. Discussions focus around why that leader gives back to the community and how philanthropy has impacted that leader's life. Lunch discussions are held once per month, usually at the place of the leader's employment.

FUND-RAISER

Ale Yeah! A microbrew festival benefiting Giving Sum, to be held in 2009 on Oct. 10 at the Rathskeller Biergarten. This year's innaugural event, Oct. 11, raised $9,171.

FINANCIAL PROFILE

2007 income: not applicable
2008 income: $60,000
2007 expenses: not applicable
2008 expenses: $57,000
2007 assets: not applicable
Fiscal year begins: Jan. 1

2008 income

Sponsorship: 12.5 percent
Fund-raiser: 12.5 percent
Membership contributions: 75 percent

2008 expenses

Marketing: 3.5 percent
Program supplies: 5 percent
Fundraiser: 3.5 percent
Grant: 88 percent

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