Advisory Services Spins-Off From Mission Throttle

Dear Partners and Colleagues:

When I launched Mission Throttle in 2009, I set out to accelerate community benefit through philanthropic capital, innovation and culture change. In the decade since the company’s formation, Mission Throttle has evolved from a startup, dedicated to supporting innovative fundraising tools and impact investing, to that and more. In 2013, Susan Gordon joined Mission Throttle to grow the advisory practice from scratch, recruiting a group of talented consultants, intending to validate the strategic service offering to promote positive change in the foundation and mission-driven communities. Originally, we imagined Advisory would add to the investable pipeline for impact investments into social enterprises. In the end, the team engaged with over 40 mission-driven organizations to create sustainability, innovation, earned revenue and ultimately, culture change.

Over the past five years, Advisory has provided exemplary outcomes for dozens of foundation, philanthropic and mission-driven organizations. However, we continue to experience the market dissonance between the critical need for capacity building support, and the limited resources available to sustain these services. Over the past few months, we continue to reflect on this reality.

We concluded the time has come for Mission Throttle to return to its roots, while celebrating Susan and our team’s success. As a result, as of June 30, the Advisory practice, under Susan’s supervision, will spin-off from Mission Throttle to allow her the capacity to thoughtfully consider future next steps.Mission Throttle, under my direction, will continue to search for platforms, tools and solutions to accelerate philanthropic innovation and the impact investing ecosystem going forward. We hope to engage with you going forward.

I am amazed at what our team has achieved as evidenced in our 2018 Impact Report. The cultural impact on our clients, and consequently the community, has set a high bar for others working to bring sustainability to social impact organizations. Over the past five years, 100% of Advisory clients responding to a post-engagement survey rated the quality of work High/Very High Quality and 90% responded that they were Very Likely/Extremely Likely to recommend Advisory to a friend or colleague. Furthermore, as a result of their work:

  • 79% of clients realized a positive culture change in their organization
  • 84% of clients identified cost savings
  • 76% of clients implemented cost savings or scaled effective programs/products
  • 96% of clients identified earned revenue opportunities

I honor and celebrate Advisory‘s impact and wish these pioneering geniuses great success. Please feel free to contact Susan at sgordon@strategicgrowthgrp.com or on her cell at 248.320.6174. Any questions related to Mission Throttle can be directed to Phillip Fisher at pfisher@missionthrottle.com or 248-415-1438.

To the future…together!

Phillip Wm. Fisher
Founder, Mission Throttle

Female Entrepreneurs Pitch Social Enterprises at Empower Change Competition

A group of women-led businesses in metro Detroit went head-to-head in a pitch competition in which they showcased how their companies work to solve  social issues. The Empower Change competition, which is in its second year, is part of an effort to support women entrepreneurs launching and growing social venture enterprises with the chance of winning up to $50,000 in investments. Ten social enterprises pitched their concepts on Wednesday at the event hosted by Detroit-based nonprofit Michigan Women Forward and the Ford Motor Company Fund at Ford Motor Co.’s headquarters in Dearborn.

Mission Throttle congratulates all of the entrepreneurs who participated, in particular the winners, by category:  Ideation — Brittany Rhodes, Black Girl MATHgic; Launch — Gina Adams, Buttons2Button; Growth — Arielle Johnson, FIERCEDetroit; and Idea That Will Change The World — Jeanette Brown, DuttonFarmInc. We are proud to have been a part of this program and to present Dutton Farm with two-half day advisory sessions to accelerate their impact.

Read More About the Program

Accelerating Our Community Impact

Mission Throttle’s history reflects a series of collaborations that merge business solutions and philanthropic values to scale social impact for those in need. We know great efforts are required to effectively address our most pressing social issues and we feel truly privileged to serve our clients, and in turn, communities across the Midwest.

Though 2019 is well underway, we are mindful to reflect on the last year and to thank our clients, partners and friends who made our work possible. Without you, we couldn’t have achieved these accomplishments. We hope you’ll continue with us on our journey as we move forward. Our very best wishes to you in this coming year.

The Mission Throttle Team

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Invest for Better: Women Lead the Way

New campaign seeks to mobilize women to change capital markets for the better

Mission Throttle is continually searching for strategies and tools that accelerate philanthropic innovation, including impact investing. More than three years ago, we joined the collaborative efforts of dozens of women investors, donors, and field leaders to help create Invest for Better, a resource to support women across all income levels who want to invest with purpose. Invest for Better, a project of The Philanthropic Initiative, is a campaign that seeks to mobilize women to activate their capital to create positive change in society, and demonstrates additional ways beyond philanthropy that women can use their money to achieve social goals.

It is estimated that American women will control $22 trillion in capital by 2020, and while research shows that women are highly interested in impact investing, only a small percentage are actually doing it. As women control increasing amounts of wealth and impact investing becomes a mainstream investment strategy, women’s voices are more critical to the social impact sector than ever.

Women’s leadership drives commerce, politics, activism and culture. But when it comes to our finances—taking full ownership of our investment choices, bringing our values to the fore of financial decision-making—we still have a ways to go. Men still make the majority of household investment decisions.

We believe that through thoughtful, purposeful investing, women can amplify their voices and lead in developing the impact investing field at large. We are honored to invest in and push this evolution forward.

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Mission Throttle Awards Derq $20,000 Prize for Social Impact at Accelerate Michigan Innovation Competition

Mission Throttle today announced Derq as the recipient of the $20,000 Prize for Social Impact at Accelerate Michigan’s ninth annual Innovation Competition. Sponsors awarded a total of $1 million in cash and in-kind prizes to eight innovative startups that were selected from 24 semi-finalists. Nearly 400 top investors, entrepreneurs and community leaders attended the event.

Derq is a Dubai & Detroit based MIT spin-off and Techstars alum with a mission to eliminate road accidents and save lives by using artificial intelligence. Derq can predict and prevent car accidents before anyone else on the road.

“Derq exists to make roads safer and to reduce the 1.25M lives lost due to crashes each year. A huge thank you to Mission Throttle for naming Derq as the first ever AccelerateMichigan Social Impact prize winner, and for recognizing our commitment to helping achieve ‘VisionZero!'” — Derq

Accelerate Michigan enables entrepreneurs to showcase their companies and meet one-on-one with fellow entrepreneurs, investors, business acceleration resources, and experts in their specific sector during carefully curated meetings. Since its launch in 2010, grand prize awardees of Accelerate Michigan have hired over a 1,000 people and attracted more than $650 million in additional investment.

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Mission Throttle Featured at National Minority Supplier Development Council Conference

The NMSDC Conference and Business Opportunity Fair is the nation’s premier forum on minority supplier development. For four days in mid-October, more than 6,000 corporate CEOs, procurement executives and supplier diversity professionals from top multinational companies, as well as leading Asian, Black, Hispanic and Native American business owners convened in Austin, TX. Susan Gordon, Managing Director of Mission Throttle, presented Using Profit To Fund Purpose – The Importance of Diversified Funding Strategies and Creating Operational Excellence.

Susan’s remarks focused on how  mission-driven organizations and funders can work together to develop sustainable business models that withstand fluctuations in donative capital and included:

  • Why foundations and other funders are are seeking new ways to strengthen the infrastructure of the mission-driven organizations they support.
  • Ways entrepreneurs, investors, foundations, mission-driven organizations and intermediaries are embracing new, more sustainable strategies that promote the financial sustainability, growth and scale of mission-driven organizations.
  • How mission-driven organizations are uniquely positioned to deliver high-impact social change that exponentially improves lives.

Learn more about the NMSDC Conference

Learn more about our advisory services

 

Focus: HOPE develops half-century strategic plan

Working with nonprofit consultancy and investment firm Mission Throttle, Anthony said, Focus: Hope developed a strong strategic plan to assure it can stabilize the benefits of the restructuring process and build a future that is “measurable, impactful and consistent with its mission and new vision of empowerment and education.” While the nonprofit has been focused on programs for many years, Anthony said they also need to look at other issues that affect area residents.

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Mission Throttle Teams with Yad Ezra to Combat Hunger in the Jewish Community

Yad Ezra has selected Mission Throttle to develop an enhanced business strategy that supports its long-term ability to provide kosher food to families in need in Southeast Michigan.

 While federal programs help provide safety nets and other critical assistance to those at risk of hunger, these programs do not reach everyone in need, and food banks remain a critical component of the fight against hunger.  Yad Ezra opened its doors in 1990 to provide food-insecure Jewish families with kosher food that was unavailable through other programs. By distributing groceries to families in need, Yad Ezra works to alleviate some of its clients’ financial burdens. In 1990, Yad Ezra served an average of 250 families monthly; current statistics indicate that it now provides approximately 1,300 impoverished families (almost 3,000 individuals) with food, health care items, and household goods on a monthly basis.

While the problem of hunger in the Jewish community and beyond still remains, Yad Ezra will continue to play a critical role in supporting struggling families. The organization is uniquely positioned to respond to this persistent problem and expand its services to those in need by building on its already successful programs.

Mission Throttle and Yad Ezra will work in partnership to

  • Identify key organizational assets
  • Establish clear goals based on organizational strengths and aspirations
  • Consider market gaps to pursue
  • Determine market demand for its primary service offering and potential additional offerings
  • Identify national best practices for comparable models with potentially marketable revenue streams

 

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.

 About Yad Ezra

Yad Ezra opened its doors in 1990 with the purpose of providing kosher food to needy Jewish families in Southeastern Michigan. The founders of Yad Ezra learned that there were impoverished Jews living in the community who relied heavily on government assistance programs, including food stamps.