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BOOST (Building Organizational Operating Strength Together) |
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BOOST – Building Organizational Operating Strength Together – is a grant initiative designed to strengthen Rose Community Foundation grantees that are experiencing rapid organizational growth or are in their startup phase. BOOST is based on the premise that financial health and good business planning are key to a nonprofit organization’s performance, effectiveness and sustainability. Participating grantees are provided with organizational consultants to help them assess their organizations and develop long-term plans to strengthen their administrative systems, governance, management and financial resources. The Foundation then makes grants to the organizations to carry out approved plans. In late 2006, the inaugural group of 10 organizations completed the first three-year BOOST cycle, a Foundation investment of more than $2 million. Support from The Jay and Rose Phillips Family Foundation made possible the participation of Metro Volunteers.
The success of the program led to the formation of another BOOST cohort with eight grantees in 2007. These Rose Community Foundation grantees are participants in the BOOST Initiative.
To read a PDF article about BOOST from Impact, the Foundation's newsletter, click here. If you do not have a PDF reader, click here to download a free copy of the Adobe Acrobat Reader plugin. |
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