Funding Plan for Project Union Forever
Date: 01/12/2025
Project Union Forever is a non-profit initiative dedicated to empowering citizens, supporting labor unions, fostering collaboration among pro-American non-profits, and providing platforms for civic engagement. To achieve its mission and ensure sustainability, the Organization requires a diversified funding strategy. This funding plan outlines the key revenue sources, goals, and strategies to secure financial support while maintaining transparency and accountability.
1.Short-Term Goals (Years 1-2):
•.Raise $900,000 in Year 1 and $1.55 million in Year 2 to cover platform development, outreach, and operational costs.
•.Secure foundational support from individual donors, grants, and partnerships.
2.Mid-Term Goals (Years 3-5):
•.Establish recurring revenue streams from platform usage, merchandising, and sponsorships.
•.Increase annual revenue to $2.5 million by Year 5.
3.Long-Term Goals (Years 6+):
•.Build an endowment fund of $5 million to provide a sustainable financial base.
•.Generate 50% of revenue through self-sustaining activities, reducing reliance on external donations.
Target: 50% of annual revenue in initial years.
•.Individual Donations:
•.Launch targeted campaigns to encourage one-time and recurring contributions.
•.Create a "Union Builders" program to recognize major donors with exclusive benefits.
•.Grants:
•.Apply for grants from foundations focused on civic engagement, labor rights, and democratic reform (e.g., Ford Foundation, Rockefeller Foundation).
•.Partner with government programs that support non-profit initiatives.
Target: 30% of annual revenue by Year 3.
•.Union Coin:
•.Generate revenue through transaction fees, marketplace integration, and user adoption incentives.
•.Subscription Services:
•.Offer premium features on platforms like Union Torch Social Media and Union Americana for a nominal fee.
•.Marketplace Fees:
•.Charge a small percentage for transactions within the Union Americana marketplace (e.g., virtual property sales, NFTs).
Target: 15% of annual revenue.
•.Corporate Sponsors:
•.Collaborate with aligned organizations and companies to sponsor events, campaigns, or features.
•.Partnership Opportunities:
•.Build alliances with labor unions, educational institutions, and civic organizations to co-develop initiatives and share costs.
Target: 5% of annual revenue.
•.Merchandising:
•.Sell branded items such as apparel, accessories, and educational materials to promote the Organization.
•.Fundraising Events:
•.Host galas, webinars, and workshops to raise awareness and funds.
•.Leverage crowdfunding platforms (e.g., Kickstarter, GoFundMe) for specific projects like platform launches and community outreach.
•.Use social media to promote campaigns, share success stories, and engage donors.
•.Union Supporter Program:
•.Create tiered memberships offering benefits such as exclusive content, merchandise discounts, and early access to new features.
•.Founders Circle:
•.Recognize major donors and contributors with public acknowledgment and leadership opportunities within the Organization.
•.Host town halls, workshops, and virtual events to build relationships with donors and supporters.
•.Develop partnerships with influencers and community leaders to amplify fundraising efforts.
•.Identify and apply for grants focused on:
•.Technology and innovation.
•.Labor and worker advocacy.
•.Civic education and engagement.
•.Publish annual reports detailing financial performance, program impact, and donor recognition.
•.Use platforms like GuideStar to demonstrate accountability and build donor trust.
Category | Amount | Percentage |
Platform Development | $300,000 | 35% |
Staff Salaries and Benefits | $250,000 | 30% |
Marketing and Outreach | $100,000 | 12% |
Administrative Costs | $75,000 | 9% |
Legal and Compliance Fees | $50,000 | 6% |
Event Hosting and Campaigns | $50,000 | 6% |
Reserve Fund Contribution | $25,000 | 2% |
Total | $850,000 | 100% |
1.Key Performance Indicators (KPIs):
•.Total funds raised quarterly and annually.
•.Growth in recurring donations and memberships.
•.Engagement metrics on platforms and donor campaigns.
2.Quarterly Reviews:
•.Assess progress toward funding goals and adjust strategies as needed.
3.Annual Report:
•.Provide a detailed financial and impact summary to stakeholders and the public.
This funding plan ensures that Project Union Forever has the financial resources to achieve its mission and create a lasting impact. By diversifying revenue streams, engaging with supporters, and maintaining transparency, the Organization will build a sustainable foundation for empowering citizens, labor unions, and non-profits nationwide.