Entries under “General”

Mission Throttle has been selected by the W.K. Kellogg Foundation (WKKF) to provide advisory services to a cohort of its Michigan-based community partners. With support from WKKF, Mission Throttle is collaborating with Early Learning Neighborhood Collaborative (ELNC), COLORS Detroit, and Grand Rapids Urban League (GRUL) to develop pathways for their sustainability and growth.

The engagements are designed to enhance each organization’s operational effectiveness, and enable them to meet existing and future funding needs by developing innovative, diversified revenue strategies.

“In 2010, ELNC made a commitment to make quality early learning opportunities available and accessible to vulnerable families living within in our target neighborhoods,” said Dr. Nkechy Ekere Ezeh, Founder & CEO of ELNC. “We promised parents that we wouldn’t start something that we couldn’t sustain. In order to do that we needed to develop a sustainable business plan based on intentional strategies aimed at advancing racial equity in early childhood education. We greatly appreciated the fact that Mission Throttle was there to help guide us through the process while providing expertise and a valuable external perspective.”

Mission Throttle is working with ELNC, COLORS Detroit and GRUL to create customized, long-term solutions for critical social issues by using creative market-based approaches. The organizations that Mission Throttle works with, and their pioneering leaders, simultaneously look to increase their financial stability, along with the social and/or environmental stability of their communities.

“We applaud WKKF’s commitment to prioritizing preventive solutions and capacity building investments, and are thrilled to collaborate with their community partners to identify initiatives that promote operational excellence,” said Susan Gordon, Managing Director of Advisory Services for Mission Throttle.

Mission Throttle has also begun working with five of WKKF’s Battle Creek community partners — Burma Center, Generation E Institute, Urban League of Battle Creek, VOCES and Woman’s Co-op — to identify opportunities to accelerate their impact on the community.

About Mission Throttle
Mission Throttle is a social impact strategy firm dedicated to accelerating philanthropic innovation in communities. We advise, invest in, and support mission-driven organizations that seek to use market-based strategies to address social and environmental challenges. We are deeply passionate about our work and believe that merging business solutions and philanthropic values is critical to sustain and scale social impact for those in need. For more information visit www.missionthrottle.com

About W.K. Kellogg Foundation
The W.K. Kellogg Foundation (WKKF), founded in 1930 as an independent, private foundation by breakfast cereal pioneer, Will Keith Kellogg, is among the largest philanthropic foundations in the United States. Guided by the belief that all children should have an equal opportunity to thrive, WKKF works with communities to create conditions for vulnerable children so they can realize their full potential in school, work and life. The Kellogg Foundation is based in Battle Creek, Michigan, and works throughout the United States and internationally, as well as with sovereign tribes. Special emphasis is paid to priority places where there are high concentrations of poverty and where children face significant barriers to success. WKKF priority places in the U.S. are in Michigan, Mississippi, New Mexico and New Orleans; and internationally, are in Mexico and Haiti. For more information, visit www.wkkf.org.

The Michigan Women’s Foundation (MWF) has selected Mission Throttle to analyze the market demand for expanding its existing Microloan Fund. The Michigan Women’s Microloan Fund provides start-up and growth capital to women entrepreneurs and small business owners.

Existing and new business owners in Detroit are greatly in need of capital to spur the growth of their businesses, yet conventional monies, even those from CDFIs, often do not meet the needs of these individuals. Many business owners are in need of smaller loans (less than $25,000), which most financial institutions are challenged to provide. MWF has successfully demonstrated its ability to deploy micro-loans ranging from $5,000 – $50,000; this success is closely tied to the invaluable education and mentoring programs that complement its loans.

While this funding gap is commonly acknowledged, most intermediaries are unable to provide the entrepreneurs with the breadth of technical assistance and resources to fully activate their ideas. Mission Throttle and MWF will work in partnership to expand access to the Detroit micro-loan ecosystem, and identify opportunities to further develop this critical piece of the funding continuum in Detroit.

“MWF is keenly aware that this program needs to be scaled to meet the demand for capital. As a result, MWF is eager to develop the financial and operational infrastructure necessary to promote women-owned businesses, and to create positive economic impact for the city of Detroit,” said Carolyn Cassin, President & CEO, Michigan Women’s Foundation. “By providing women who are starting and growing their businesses with the support they need, MWF works to eliminate barriers to economic and social equality and helps build a stronger entrepreneurial ecosystem.”

“We believe in creating sustainable, replicable solutions to complex problems,” said Susan Gordon, Managing Director of Advisory Services for Mission Throttle. “It is our hope that the result of this collaboration with Michigan Women’s Foundation will not only benefit women-owned businesses in the city of Detroit, but provide a model that will help open doors to economic opportunities for women throughout Michigan.”

About Mission Throttle
Mission Throttle is an advisory firm dedicated to accelerating philanthropic innovation in our community. We advise, invest in, and support mission-driven organizations that seek to use market-based strategies to address social and environmental problems. We are deeply passionate about our work and believe that merging business solutions and philanthropic values is the best approach to achieve sustainable social impact.

About Michigan Women’s Foundation
With a 31-year history of high-impact work, Michigan Women’s Foundation is devoted to fostering economic empowerment for Michigan’s women and girls through philanthropy and investment. In response to a compelling need for women to further advance their social, economic and professional well-being, MWF and its partners and supporters are committed to creating financial and intellectual improvements for women and girls.

The Skillman Foundation has selected Mission Throttle to work with Detroit Hispanic Development Corporation to help the 19 year old community organization sustain and scale its programming.

Mission Throttle partnered with the Skillman Foundation in January 2016 to pilot “The Sustainability Grant Challenge.” The challenge was designed to provide a Skillman Foundation grant partner that demonstrated a desire to strengthen and scale one or more of its programs, with professional assistance not normally accessible to a community-based nonprofit due to cost. The Skillman Foundation invited 25 grant partners to participate in the challenge, which benchmarked organizations using a survey designed to assess operational effectiveness, based on Mission Throttle’s proprietary scoring system. Detroit Hispanic Development Corporation was selected as the recipient of the Skillman Sustainability Grant and will work with Mission Throttle to develop a blueprint to enhance their organizational efficiency and effectiveness, develop sustainable revenue models and funding strategies, and achieve increased scale. “We believe in the work of our grant partners, and know they face challenges every day that make it difficult to best deliver their needed services,” said Patricia Hinojosa, Senior Program Officer, Social Innovation for the Skillman Foundation. “By helping to strengthen organizations, they can more effectively serve the community and be drivers of change.”

Conventional philanthropy typically funds direct program related support and often neglects the critical costs of infrastructure. Experience has shown that proper operating systems and human capital are essential for sustained operational excellence. Recognizing this gap, Mission Throttle is working with Foundations across Michigan on similar nonprofit enterprise building initiatives.

About Mission Throttle
Mission Throttle is an advisory firm dedicated to accelerating philanthropic innovation in our community. We advise, invest in, and support mission-driven organizations that seek to use market-based strategies to address social and environmental problems. We are deeply passionate about our work and believe that merging business principles and philanthropic values is the best approach to achieve sustainable social impact.

About the Skillman Foundation
Created in 1960, the Skillman Foundation is a private philanthropy committed to improving meaningful graduation rates in the Detroit region, so kids are ready for college, career, and life. The Foundation has assets of nearly a half-billion dollars, with an annual grants budget of $17 million. The Foundation works to achieve its goal by investing in community leadership, neighborhoods, safety initiatives, high-quality schools, social innovation, and youth development.

About Detroit Hispanic Development Corporation
Detroit Hispanic Development Corporation’s mission is to make a difference by creating life-changing opportunities for youth and their families. We are committed to meeting the needs of our community by providing quality, innovative and culturally appropriate services, primarily in Southwest Detroit. Our vision is to create a stable and safe community where youth and families have quality opportunities for self-empowerment, education, and personal wealth.