HOW WE FUND OUR IMPACT
The Foundation has established a comprehensive revenue generation strategy designed to sustain and expand the organization’s mission and impact.
MEET OUR CPA, ANTONIO SMITH
Antonio Smith, CPA has worked over 10 years in the public accounting field, assisting small business owners across the southeastern USA. He has a specialized interest in facilitating small business owners with multi-state online retail operations. He is knowledgeable in the related marketplace facilitator and sales tax complexities for these types of businesses. Antonio’s background in Accounting, Economics, Finance, and International Business has provided him a unique perspective, which he synergizes with the advisory services he provides to his clients. From November 2018 – June 2021 he provided managerial, operational, and financial statement advisory services along with prepared financial statement packages to 55+ clients on a monthly basis. Antonio is particularly skilled at generating individual income tax projections and related individual and business tax advisory services. He is currently independently studying the fundamentals of the data analysis process to facilitate business owners by unlocking profitable insights from their dark data. He is simultaneously studying Trust and Estate tax returns to increase his scope of advisory services.
Annual Private Contributions
The founders and Board of Directors provide financial contributions each year to promote the Foundation's financial stability. Beyond the monetary aspect, their annual support is instrumental in offering both initial financial backing and strategic guidance, shaping the Foundation's overarching goals and ensuring its sustained growth.
Program-Related Investments
Through Program-Related Investments (PRIs), the Foundation employs a dynamic approach to financial stewardship. These investments serve a dual purpose, not only generating returns but also allowing the Foundation to recapture and recycle financial capital. By reinvesting returns into its mission-driven initiatives, the Foundation maximizes the impact of our resources, creating a self-sustaining cycle of support for individuals and organizations aligned with its vision.
Activity-Based Fundraising
The Foundation actively engages in activity-based fundraising strategies, such as hosting annual events. These initiatives not only generate essential funding but also foster community engagement and awareness. By organizing events that align with its mission, the Foundation not only raises financial support but also cultivates a network of supporters who share a commitment to the cause, expanding its reach and influence.
Endowment
The establishment of an endowment is a strategic move towards ensuring the Foundation's enduring financial health. By creating a dedicated fund that generates returns over time, an endowment provides a reliable and continuous source of income. This financial stability not only fortifies the Foundation's ability to address current needs but also secures its mission and initiatives for the future, enhancing its capacity to make a lasting impact in the communities we serve. The endowment represents a commitment to long-term sustainability, allowing the Foundation to navigate economic fluctuations and evolving challenges while maintaining its focus on creating positive, meaningful, and lasting change.
GRANTS
Grants play an important role in helping the Carlo and Nika White Foundation expand our reach and deepen our impact. Through support from foundations, corporations, government agencies, and community partners, we secure funding that allows us to strengthen our programs, create meaningful experiences, and provide greater opportunities for the individuals and communities we serve. We are committed to being responsible stewards of every dollar entrusted to us. Grant funds are carefully managed, tracked, and used in alignment with each funder's requirements and the Foundation's mission. We also measure program outcomes to ensure our resources are creating meaningful and lasting impact.
