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Earned Income Plan

The Actors Fund
New York, NY, USA
The Actors Fund
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The Actors Fund
New York, NY, USA

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Cause
Human services
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Business development Strategy consulting

Posted May 14th

Earned Income Plan

Project details

What we need
  • Assessment and recommendations for income-generating activities that will complement the Organization's current mission and existing programs
  • Actionable steps necessary to implement recommendations, alongside estimates of upfront time and monetary investment required
  • Challenges and potential risks identified in pursuing the plan
What we have in place
  • We already have a small employee assistance program that we would like to ramp up and make available arts and entertainment organizations. And we have strong relationships with performing arts and entertainment organizations in New York and Los Angeles with which we currently partner on a variety of initiatives.
How this will help
This project will save us $11,794 , allowing us to buy groceries and prescriptions for 160 low-income retired and senior performing arts professionals.

The Actors Fund's programs and services are made possible by a robust foundation of charitable supporters. But as we expand our health, housing, employment and human services programming to meet growing demands for assistance, we need to diversify our income streams to strengthen our financial base. This project will help us increase earned income while furthering our mission to help performing arts and entertainment professionals who are in need, crisis or transition.

Project plan

P
Prep: Distribution of Prep Materials
  • Volunteer Manager provides all relevant marketing and branding materials, including but not limited to annual reports, fundraising collateral, website copy and information on representative stakeholders such as donors, advocates, and constituents served
1
Milestone 1: Analysis and Feedback
  • Professional provides initial analysis of existing programs, constituents served, and representative supporters
  • Professional and Volunteer Manager brainstorm potential revenue-generation streams and potential target markets
2
Milestone 2: Recommendations
  • Professional provides recommendations for most promising revenue streams, target markets and customers/supporters
  • Volunteer Manager provides feedback, and a specific revenue stream is chosen
3
Milestone 3: Delivery of Plan
  • Professional provides the actionable steps, costs, and time estimates involved in developing the income stream
  • Professional outlines key milestones and performance indicators to help assist the Organization as they execute the plan
  • Professional outlines and challenges to be aware of as the Organization executes on plan should also be laid out
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About the org

The Actors Fund
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Causes
Human services Arts & culture
Posted by
SL
Susan L.

Deputy Director of Advancement

Our mission

The Actors Fund is a national human services organization that fosters stability and resiliency, and provides a safety net for performing arts and entertainment professionals over their lifespan.

What we do

The Actors Fund is a national human services organization that fosters stability and resiliency, and provides a safety net for performing arts and entertainment professionals over their lifespan. Through offices in New York, Los Angeles and Chicago, The Fund serves everyone in film, theater, television, music, opera, radio and dance with programs including social services and emergency financial assistance, health care and insurance counseling, housing, and secondary employment and training services.

Visit www.actorsfund.org.

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