Audrey Brewer, MD, MPH, FAAP on LinkedIn: Philanthropic Fund Has Raised Over $2M For Entrepreneurs Of Color Pursuing… (2024)

Caught up with my dear friend Patrice Brickman today, who is walking the walk dismantling the barriers to investment in companies led by people who don't look like Marc Zuckerberg or Elon Musk (that goodness for them). The article below describes the creative structure of her new organization, Inspire Access. Thank you for your leadership, PK! #leadership #equity #capitalraising PS For anyone tempted to yell, "reverse discrimination is still discrimination," the reality is that there is plenty of money available to "traditional" founders. In 2022, Black and Latino founders received only 1 percent and 1.5 percent respectively of total US venture capital (VC) funding.Women-founded teams received 1.9 percent of VC funds, and only 0.1 percent of VC funds went to Black and Latino women founders.

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Did you know research indicates that 69% of entrepreneurs who plan to sell their businesses want to incorporate charitable giving into their exit plans? Learn how illiquid assets can be used to fuel their philanthropic goals and get 3 tax-savvy tips on how to donate them effectively from our VP of fundraising, Karla D'Alleva Valas, J.D., LL.M. https://chrtbl.org/sk0517

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Have entrepreneurial clients? Early conversations about incorporating illiquid assets into their wider wealth management and philanthropic plans is a great opportunity to demonstrate differentiating value.Fidelity Charitable®SVP of Fundraising,Karla D'Alleva Valas, J.D., LL.M., shares 3 tax-savvy tips to consider when helping your clients donate them effectively.

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Have entrepreneurial clients? Early conversations about incorporating illiquid assets into their wider wealth management and philanthropic plans is a great opportunity to demonstrate differentiating value. Fidelity Charitable VP of Fundraising, Karla Valas, shares 3 tax-savvy tips to consider when helping your clients donate them effectively.

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More new #billionaire wealth comes from inheritance than entrepreneurship. Regardless, new billionaires are forging their own way—often prioritizing cleaning up their own businesses instead of just donating to charities. Per latest UBS Billionaire Ambitions Report.Story on Worth magazine.

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There are effective ways to donate complex assets, and there’s good indication that entrepreneurs are primed to do so. Research shows that91% of high-net-worth investorssay that a charitable strategy is part of their overall wealth strategy, but many could be giving smarter.#donatecomplexassets #charitablegiving #taxbreaks #exitstrategy #donateyourbusiness

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Have entrepreneurial clients? Early conversations about incorporating illiquid assets into their wider wealth management and philanthropic plans is a great opportunity to demonstrate differentiating value. Fidelity Charitable® SVP of Fundraising, Karla D'Alleva Valas, J.D., LL.M., shares 3 tax-savvy tips to consider when helping your clients donate them effectively.

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I have so many questions 😬 😳 #InspireAccess #donoradvisedfunds #daf #dafs [I]t's a common misconception that charitable donations can't end up at for-profit entities. [D]onor-advised funds, or DAFs, can make charitable donations to Inspire Access (https://lnkd.in/e_YwwHtZ), which invests in the small businesses or startups via grants or, at a DAF administrator's discretion, as a recoverable grant investment into a business of its choosing. Should the small business or startup reach certain milestones, the recoverable grant can see a return on its original investment. #johnoliveresquedeepdive

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In our free webinar on February 15, learn about effective and pragmatic strategies to ensure a robust fundraising year. In this session, FundRazr will delve into insights gained from the past year and share strategies for constructing a well-defined path for revenue generation in 2024. Save your spot now! https://okt.to/BjmudY#webinar #nonprofit #charity #nonprofitwebinar #freewebinar #nonprofitsector #subjectmatterexpert #sme #seminar #networking #mentor #webinars #webinartraining #philanthropy #charitablesector #nonprofitsector #charities #nonprofits #nonprofitorganization #community #fundraising #fundraiser #leader #revenue #RevenueGeneration #strategy

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Years ago, the line between nonprofit and for-profit enterprises was clear, but that has changed. Nonprofits now offer products that compete with those of the best for-profits, and for-profits can deliver as much social value as charities. As Allen Bromberger states: "Unfortunately, U.S. law does not currently permit a single entity to accept tax-deductible donations (charitable contributions and grants); invested capital (equity investment for which investors seek a market return); and quasi-invested capital (such as program-related investments from foundations that are structured as investments but are made primarily to further mission rather than to generate a financial return.) Charities (nonprofits) can issue debt but not equity, while businesses can issue equity but cannot take tax-deductible contributions, at least not directly. As a result, social entrepreneurs are often forced to choose between for-profit and nonprofit legal structures in ways that compromise their social vision, restrict their ability to finance and operate their ventures, and ultimately make it harder to meet their own needs as well as those of their investors, customers, employees, and other stakeholders. "As someone who spent my first 22 years in the for-profit sector, and now 15 years leading nonprofits, serving on many foundation and nonprofit boards, the nonprofit sector has leaned in on business practices adoption, even hybrid legal structures (benefit corporation, an L3C, a flexible purpose corporation, etc.), in the last 10 years, with impact investing and Silicon Valley heavily influencing what funders are willing to back and how they evaluate impact. Focusing on more efficient operations, better capital allocation are net positives for the sector, but many say the pendulum has swung too far towards a "business orientation" for nonprofits. Curious to get Phil Buchanan's take on this article. While today, it's common to have a blending of business practices in nonprofit operations, that is an altogether, different question than what is the right entity structure for my start-up. Harvard Business Review article PDF by authors Caitlin Reimers Brumme & Brian Trelstadhere: https://lnkd.in/gsgRanyr#philanthropy #nonprofits #entrepreneurs #foundations Peter Kim John Peters Elaine MacDonald Abhishek Motayed Ann Bordetsky Lulu Curiel Scott Garell Nancy Huang Johanna Mair Carsten Brinkschulte Elizabeth Dollar, CPA Jane Reisman Jane Searing Gregory Witkowski Allison Wolff Clara Miller Gili Elkin Bruce Gebhardt Alexander Reid Erik Arnold Tim Delaney Karl Mill Zach Knight Lee Fox Beauregard Bruce Cahan Jim Fruchterman Rosemary E. Fei Gregory Witkowski Jess Mah Eric Nee Jennifer Becker Harris Kevin Sofen Claire Berney

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