In this session, our presenters will explain how startup food co-ops can use a tool called fiscal sponsorship to access tax deductible contributions and community/foundation grants.Member equity (member shares, member loans, preferred shares) is the cornerstone of co-op finance, and is typically used to leverage bank debt. But equity investments aren’t always the best way for some owners or community members to support startups. A third form of capital is philanthropic capital in the form of tax-deductible charitable contributions and grants. Generally, accessing this kind of capital requires a relationship with a mission-aligned charitable (501c3) nonprofit organization. Presenters from the Cooperative Development Fund of CDS will describe how startups can use charitable capital to complement member equity in financing startups.
This 60-min session will be held Wednesday, 1/31/24 at 1p eastern/12p central/11a mountain/10a pacific
Thank you to our series sponsors for making this session possible:
