31 min listen
Adam Alonso, CEO of Build Inc.
ratings:
Length:
47 minutes
Released:
Nov 13, 2019
Format:
Podcast episode
Description
The number one role for the Executive Director or CEO is to raise money for the organization so it can survive and thrive.Adam's most passionate about helping young people see that they have potential in a future.BUILD has served over 100,000 young people since they started over 50 years ago.BUILD works with young people by creating a mutual accountability plan:What do you want to do while you're here?How can we help you?What are you looking to do?How are you trying to improve yourself?Additionally, BUILD put on over 50 community events each year.Chicago Center for Youth Violence Prevention reports the estimated cost of youth violence is more than $21 billion annually.It costs $630 to serve one young person per year which amounts to a societal savings of about $16,000.It costs $2,000 to serve one young person who is more heavily involved in violence which amounts to a societal savings of about $92,000.In 2016 Adam brought up how BUILD was running low on physical space. He engaged a neighboring company to do a feasibility study. Adam and BUILD had to put together a 10 year projected budget before the board would approve the capital campaign.Capital Campaign: Plan to build something new, or remodel your space to add additional space. Typically, it is outside of your annual operating budget; an additional set of fundraising goals.To turn neighborhoods around you've got to give people hope, but not just speak it; you've got to show and demonstrate tangible results of that hope.3 steps Adam took to overcome Capital Funding:Be 100% bought in on your ideaHave a clear vision of why you need the moneyRun the numbersBUILD Inc.’s podcast: https://soundcloud.com/build50thstories/
Released:
Nov 13, 2019
Format:
Podcast episode
Titles in the series (23)
Deep Dive: Social Impact Bonds: In this deep dive we are discussing social impact bonds: what they are, how they work, and why they matter. by The Science of Social Impact