$10,000 for a new nonprofit?

Jul 12, 2017 by

Guest column

by Julianne Buck

 

Last night I was watching “Chopped” and a contestant was asked, “What will you do with the $10,000 if you win?”  His response: “Start a nonprofit to help the homeless.”

 

No. No. Please – no.

 

Now don’t get me wrong – I’m all for passionate people using their assets to improve the quality of life in their neighborhood.  I have nothing against helping the homeless.  But a nonprofit started with only $10,000 doesn’t have much of a chance of longevity.

 

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