Apply to Join
This project is competing for bonus prizes *

Hearts of Empowerment Operational Budget

by Hearts of Empowerment
Hearts of Empowerment Operational Budget
Hearts of Empowerment Operational Budget
Hearts of Empowerment Operational Budget
Hearts of Empowerment Operational Budget
Hearts of Empowerment Operational Budget
Hearts of Empowerment Operational Budget

Summary

The non-profit sector accounted for $1.74 Trillion in total revenue in 2013, of that, 90% was owned by the top 2.39%. Immediately the problem can be seen, the rest of the countries charities struggle to keep their doors open. Hearts of Empowerment aims to help close this gap by creating strategic events that produce substantially more revenue than what it took to create, and transfer the proceeds to the struggling organization at ZERO cost to them. More money to plan, means more money to give!

$5,000
total goal
$5,000
remaining
6
days

Challenge

In 2013, public charities accounted for just about $1.74 Trillion in revenue, but 90% of this was owned by the top 2.39%. In a report published in January of 2018, the Financial Health of the Non-Profit Sector reported that over 50% of non-profit organizations have less than one months cash reserves, and some 30% have reported a loss of money in three straight years. A financially inept charity cannot function properly, and therefore cannot help the community as it should.

Solution

This project will allow our operational budget to begin at a surplus. When at a surplus, that means that we do not have to cover expenses from the proceeds of an event, only to give what is left over to the charity we are working to benefit. Instead, we can throw the largest event possible and thus donate the most to the charity at hand.

Long-Term Impact

This project will allow us to throw better events, and therefore raise more money for the charities we are aiming to help. More money for the charity, means more money for their cause. The subsequent result is a greater impact within the community.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

http:/​/​www.heartsofempowerment.org
Check out our website!

Organization Information

Hearts of Empowerment

Location: Arlington, VA - USA
Website:
Facebook: Facebook Page
Twitter: @HeartsofEmpowerment
Project Leader:
Nikhil Datta
Arlington, VA United States
2019 Giving Season Accelerator
Donations: $0 raised ($5,000 needed)
 
Donors: 0 (40 needed)
 
Time left to give
Donate Now Add Project to Favorites

Help raise money!

Support this important cause by creating a personalized fundraising page.

Start a Fundraiser
* This project is competing for bonus prizes
through the 2019 Giving Season Accelerator. Terms and conditions apply.

Learn more about GlobalGiving

Teenage Science Students
Vetting +
Due Diligence

Snorkeler
Our
Impact

Woman Holding a Gift Card
Give
Gift Cards

Young Girl with a Bicycle
GlobalGiving
Guarantee

Sign up for the GlobalGiving Newsletter

WARNING: Javascript is currently disabled or is not available in your browser. GlobalGiving makes extensive use of Javascript and will not function properly with Javascript disabled. Please enable Javascript and refresh this page.