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In “nonprofit” 501c3 organizations the 80/20 rule applies. 80% of all funding goes to 20% of the sector. This happens because much of conventional wisdom in our industry is false. In this podcast, you will find the truths, And those truths will set you free to success. Zoot Velasco is an employee of OCEAA and California State University Fullerton. The views expressed on this podcast are his alone and do not represent the views of OCEAA or California State University Fullerton.
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Tuesday Jun 01, 2021
Tuesday Jun 01, 2021
Episode 96: The list of 29 Recession Stars includes the Boys & Girls Clubs of the Central Orange Coast Foundation, an endowment for the clubs. Robert Santana is the CEO of the Boys & Girls Clubs while also running their foundation. The Clubs themselves did well during the recession but were already too large in 2008 to be part of my study of Recession Stars. They continued to grow like a juggernaut after the recession. The foundation was the Recession Star and the only one of its kind. It grew substantially during the recession, helping both organizations grow. The foundation went from $142,000 in 2008 to $463,000 in 2012. By 2018 it grew to just over $1 million. That is a 725% growth building an endowment for the clubs. When you hear Robert speak, you can see why they had such growth. I was able to host Robert as a speaker at our conference on leadership in 2019, rebroadcast for you here.
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