3:1 within 5 years
$50,000 - $100,000
5 phases over 12-18 months
Year 3: $60,000
We measure success by the businesses we empower, the capital we deliver, and the communities we reach.
| Phase | Key Activities | Timeline |
|---|---|---|
| 1. Formation & Planning | – Kick-off meeting – Define mission, vision, and values – Recruit founding board members – Reserve corporate name | Weeks 1–6 |
| 2. Legal Structure | – Draft and file Articles of Incorporation – Apply for EIN – Develop bylaws – File for 501(c)(3) status – Register with CA Attorney General | Weeks 7–20 |
| 3. Governance Setup | – Establish board committees – Approve governance policies – Set up meeting cadence and reporting structure | Weeks 21–26 |
| 4. Operational Setup | – Open bank account – Set up accounting system – Develop volunteer recruitment and training programs – Plan gift shop logistics | Weeks 27–34 |
| 5. Launch & Program Implementation | – Launch volunteer program – Open gift shop – Host inaugural fundraising event – Begin regular board and committee meetings | Weeks 35–56 |
| Phase | Duration | Investment | % of Total | Primary Activities |
|---|---|---|---|---|
| Formation & Planning | 6 weeks | $3,010 | 7.0% | Planning, board formation, name reservation |
| Legal Structure | 14 weeks | $3,250 | 7.5% | Legal filings, 501(c)(3) application |
| Governance Setup | 6 weeks | $1,500 | 3.5% | Board meetings, policies, procedures |
| Operational Setup | 8 weeks | $10,500 | 24.3% | Systems, volunteer programs, marketing |
| Launch & Programs | 22 weeks | $25,000 | 57.8% | Operations launch, fundraising events |
| Total Project | 56 weeks | $43,260 | 100% | Complete auxiliary formation |
Expected 3:1 ROI within 5 years translates to $129,780 in value creation against the $43,260 investment.
Phased approach allows for course correction and risk assessment at each milestone.
Auxiliary will generate sustainable funding for patient care improvements and hospital equipment.
President Chief Executive Officer
Vice President Operations oversight
Treasurer CPA preferred
Secretary Record keeping
2 Hospital Liaisons Direct hospital communication
5 Community Leaders Local business, civic, and community leaders
5 members
Strategic oversight and emergency decisions
3-4 members
Budget oversight and financial reporting
4-6 members
Event planning and donor cultivation
3-5 members
Recruitment and training programs
Monthly Full Board Meetings
Quarterly Committee Reports & Strategic Planning
As Needed Executive Committee Emergency Meetings
| Revenue Stream | Year 1 | Year 2 | Year 3 | 3-Year Total |
|---|---|---|---|---|
| Gift Shop Operations | $35,000 | $45,000 | $55,000 | $135,000 |
| Individual Donations | $15,000 | $20,000 | $25,000 | $60,000 |
| Fundraising Events | $20,000 | $30,000 | $40,000 | $90,000 |
| Total Revenue | $70,000 | $95,000 | $120,000 | $285,000 |
| Operating Expenses | ($45,000) | ($55,000) | ($60,000) | ($160,000) |
| Net Funds for Hospital Grants | $25,000 | $40,000 | $60,000 | $125,000 |
Year- over-Year Revenue Growth
3-Year Hospital Grant Total
Revenue Growth Rate (Year 1-3)
Target 40-50%
Minimum 3:1 return
75% annual retention
Keep expenses <60% of revenue
Secure hospital board approval for auxiliary formation
Pending
Identify and contact potential founding board members
Pending
Schedule initial formation meeting
Pending
Begin name reservation process with California Secretary of State
Pending
Engage legal counsel for nonprofit formation
Pending
Conduct community needs assessment
Pending
Foundation Setup
- Board member recruitment complete
- Initial formation meeting held
- Mission and vision finalized
Legal Compliance
- Articles of Incorporation filed
- Federal EIN obtained
- 501(c)(3) application submitted
Operational Readiness
- Board governance established
- Financial systems operational
- Volunteer recruitment launched
Nonprofit formation specialist for Articles of Incorporation, bylaws, and 501(c)(3)
application
Est. $8,000-$12,000
CPA for financial system setup, bookkeeping procedures, and ongoing compliance
Est. $5,000-$8,000
Nonprofit management consultant for governance, fundraising, and operational guidance
Est. $15,000- $20,000
Present proposal to hospital executive team for initial approval
Formal presentation to hospital board of directors for project authorization
Secure written authorization and budget approval to begin Phase 1 activities
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