Nourish International !

ERADICATING POVERT Y | ENGAGING STUDENTS | EMPOWERING COMMUNITIES

BOARD OF DIRECTORS MEETING 15 OCTOBER 2009

OUR AGENDA FOR THE EVENING INCLUDES:

ROTATIONS OF THE BOARD ADDITIONS SUBTRACTIONS

NOURISH UPDATE CHAPTER UPDATE FUNDRAISING REPORT

ORGANIZATIONAL GOALS

CHAPTER FEEDBACK UPDATED GOALS

TOPICS FOR DISCUSSION

FORMALIZING BOARD

PROCESSES 2010 BUDGET

CONSIDERATIONS

NOURISH WELCOMES A NEW BOARD MEMBER…

!   MARCIA ANGLE �

!   PROFESSOR AT DUKE’S NICHOLAS SCHOOL FOR THE ENVIRONMENT.�

!   BA FROM HARVARD, MD FROM DUKE AND MPH FROM UNC. !   ALL PLACES WHERE WE HAVE CHAPTERS.�

!   FOUNDER OF INTRAHEALTH.�

!   ALL KINDS OF AWESOME.

BOARD

…AND BIDS FAREWELL TO ANOTHER.

!   SOME OF JOSH LEE’S CONTRIBUTIONS:�

!   FACEBOOK CHALLENGE !   Led the organization to raise more than $53,000 through his ingenuity,

passion and hard work.�

!   NOURISH SUMMIT, 2007 !   Worked with staff and board members to shape Nourish’s expansion plan.

!   KEY PART OF THE ORIGINAL NOURISH TEAM

!   Carried the banner for raising the initial money needed to take off.

BOARD

NEW INITIATIVES ARE IMPROVING CHAPTER PERFORMANCE.

!   CHAPTER SUPPORT !   Launching the Venture: A Special Venture

Leader Training !   12 students from 7 Chapters attended a

teleconference hosted by Jenna and Graham Boone.

!   UPGRADING FINANCIAL TRACKING !   Revenue and expense reports, amounts larger

thank $1k due on on the 15th of each month.�

!   SCRUBS VENTURE !   Pilot programs for UNC and Duke are

underway. !   Will begin as soon as we have the seed money

($2.5k of 5k needed has been raised).

UPDATES

NOURISH NEWS �HEADLINES FROM A

CHAPTER NEAR YOU.

FALL VENTURES HAVE BENEFITTED FROM IMPROVED TRAINING AND SUPPORT.

!   YALE CHAPTER DOUBLES PROFITS ON PANCAKES FOR POVERTY. !   Debuts pancake delivery service; sees increased revenue from higher

per-order volumes and from the delivery surcharge. !   Other Chapters are considering the same concept.

!   FIRST-YEAR CHAPTER MIAMI OHIO SCHEDULES 4 VENTURES BEFORE THANKSGIVING. !   Ventures: Night Time Nourish, Pledge-a-meal partnership, Coldstone

percentage night. !   Projecting $3k in profit.

!   UCLA AND UC DAVIS COLLABORATE ONART SHOW VENTURE. !   Other collaborating Chapters include Harvard/Yale, UNC/Duke.

UPDATE

NOURISH NEWS �HEADLINES FROM A

CHAPTER NEAR YOU.

SEVERAL CHAPTERS FAILED TO COMPLETE LEADERSHIP TRANSITION.

!   WESLEY !   The Norris (Chapter Leader)

transferred to Clemson to play soccer.�

!   ELON !   No Chapter Leader stepped up

at the beginning of this year.

!   AMERICAN !   No Chapter Leader stepped up

at the beginning of this year.�

!   Combined profit: $1900

UPDATE

NOURISH NEWS �HEADLINES FROM A

CHAPTER NEAR YOU.

MISSED OPPORTUNITIES HAVE KEPT THE PRESSURE ON.

!   Redwoods Grant: $0 !   Frank Phoenix: $5000 !   Tom and Melissa Pfeil: $0 !   Board Give or Get $2000

each: $11,000 !   Total: $17,000/42,500

!   All numbers as of 9/30/2009. RELIEF FROM THE �

MONTH TO MONTH STRESS

BOARD GIVE OR

GET: $20,000

FRANK PHOENIX

LY: $10,000

TOM AND MELISSA PFEIL LY: $5,000+

REDWOODS GRANT: $7,500 IN

2009

UPDATE

DIVERSIFICATION OF REVENUE STREAMS HAS HELPED OFFSET DECLINES IN FUNDRAISING.

Donations

• Board Giving • Major Donors • Nourish donor

base • In Kind

Institutions • Foundations • Corporate

Sponsors

Events • Wine Tasting • Nourish Night

Earned Income

• Chapter Dues • Founders Fees • Institute Fees

UPDATE

National Office Sources of Revenue

2008 Revenue: $128,041 2009 Revenue: $60,573

2008 Revenue: $1,250 2009 Revenue: $0

2008 Revenue: $1,050 2009 Revenue: $18,852

2008 Revenue: $0 2009 Revenue: $18,598

All 2009 numbers are based on Q1-3 + Q4 projections.

Q4 PROJECTIONS ARE ESPECIALLY LEAN, BUT THE FIRST Q1 HOLDS NEW OPPORTUNITIES.

Quarter 4 2009 Quarter 1 2010 DONORS Board Giving 8.5 k in commitments. 5k committed already. Donor Base 4.5 k projected. - Major Donors - 5k committed. INSTITUTIONS Foundations - 40k applied for. Corporations - 15k applied for. EVENTS 8.5 k projected. 5k projected. EARNED INCOME .5 k yet to collect. 3k projected. Total: 22 k projected. 73 k possible.

UPDATE

GLOBAL BRIGADES HAS PROPOSED THAT WE MERGE WITH THEM.

UPDATES

Nourish’s Value to GB

• Promote GB on campuses where they aren’t already.

• Nourish staff’s ability to help expand GB’s programming.

• Social Venture and 6 week project model

GB’s Value to Nourish

• Ensure budget for next two years.

• Increase staff benefits (health benefits).

• Administrative services (Legal, Travel, Marketing and PR) covered.

• Expand Nourish programming over GB’s campuses (100+ Worldwide).

Structural Changes

• Nourish becomes a program of Global Brigades.

• Nourish Board may continue to control its budget, but relinquishes all liability.

• Potential for one Nourish leader to join GB Board (preferably James).

ORIGINAL GOALS PRESENTED BY THE EXECUTIVE COMMITTEE FOCUSED ON SCALE.

!   INVEST IN CHAPTER SUCCESS: !   50 chapters earning $5k+ per year and leading their own

project by the end of 2013.�

!   MEASURING OUR IMPACT: !   Develop and implement a robust process for measuring impact

on communities and campuses by the end of 2013.

!   INCREASE NOURISH’S SUSTAINABILITY: !   Raise cash reserves to the 6-9 month level by the end of 2013.

GOALS  

STUDENT FEEDBACK CENTERED ON EXPANDING EXISTING CHAPTERS.

!   “It looks good.” !   Growth goals seem too ambitious: let’s focus more on

building quality chapters. !   Doing more with impact measurement is good, but can

we have do it sooner? !   What opportunities will students have to influence the

strategies used to accomplish these goals? !   Too much of a focus on numbers risk dehumanizing

what we do. !   Missing any mention of the advocacy and awareness

role of our organization.

GOALS  

UPDATED GOALS ALIGN THESE INTERESTS.

Goal •  Reasons behind the goal

By 36 months (end of 2013)

By 60 months (end of 2015)

Investing in Chapter Success�

• Vibrant culture of entrepreneurship. • Advocacy and awareness. • Scale our impact.

20 Chapters earning 5k or more in net-profit annually.

25 Chapters at 10k or more in net-profit annually.

Measuring our Social Return:�

• Accountability for our actions. • Credibility to new partners. • Increase our ability to raise funds.

Develop an initial process for measuring impact on students and communities.

Refine the process to better reflect our goals and values.

Achieving sustainability �

• Attract and retain a quality staff. • Allow our organization to be flexible. • Engage in more long-term planning.

Build up to 6 months of cash reserves.

Build up to 9 months of cash reserves.

GOALS  

KEY TOPICS TO ADDRESS THIS MEETING:

!   Formalizing Board Processes.

!   Fundraising opportunities.

!   2010 Budget Considerations.

TOPICS

THE BOARD NEEDS TO CONTINUE TO FORMALIZE IT’S PROCESSES.

!   Formalizing Board Processes

!   Rotations, Recruitment and Orientation !   Making sure that new Board Members feel properly informed. !   Making sure that outgoing Board Members are recognized for their service. !   We need a volunteer!

!   Board Commitments and Fundraising !   The best method for ensuring that in 2010 that we’re not seeing such peaks and

valleys.

TOPICS

OUR FUNDRAISING SCHEDULE NEEDS TO BE ACCELERATED.

!   New Fundraising Opportunities�

!   Making up the 5k we’re missing !   Accelerating the events schedule. !   Calling on Past Donors. !   Capitalizing on new opportunities. !   Spreading out expenses.

TOPICS

THE 2010 BUDGET PRESENTS MORE OPTIONS THAN EVER BEFORE.

!   2010 Budget Considerations�

!   How many staff members do we want? !   What level of fundraising commitment is the board prepared to

make? !   What other support can the board offer? !   What would we like to do with the Brigades proposal? !   How does this fit into our long term goals? �

TOPICS

THANK YOU AND DRIVE HOME SAFELY.

!   Future Board/Executive Committee Meetings: !   November 12, 2010: Fundraising Meeting! !   December 17: Approving the Budget!

!   January 14, 2009: Big Board Meeting !   April 22, 2010: Big Board Meeting !   July 15, 2010: Big Board Meeting !   October 14, 2010: Big Board Meeting�

TOPICS