Boost Nevada operates on a unique, community-driven model that cultivates the growth of small nonprofits and propels solutions to pressing community issues. Our approach weaves together the collective impact of individual and corporate donors, balanced governance, and a dedication to transparency.
Membership
Members are identified as contributors, with an initial contribution set at $1,000 per year or $90 per month, which can be changed annually by the Advisory Council. Early contributors become Founding Members. Once the annual contribution is made, contributors become voting Members. Decisions in Member meetings are made by a majority vote of those present, no quorum required.
Advisory Council
The Advisory Council, initially appointed by the Founder, directs fund disbursement and develops matters for Member votes. The Council can have three to seven members, selected annually by Members after the first year. The Chair, initially the Founder, provides administrative support and liaises with HCF. The Council can modify guidelines and makes decisions through majority vote. Boost Nevada is expected to operate without paid staff.
Use of Funds
Members meet twice a year to decide on grant focus areas, Advisory Council members, and grantees. The Council manages applicant solicitation and finalist selection between these meetings. Member funds are solely used for the group’s identified purpose, including basic administrative costs like HCF dues and website expenses. They don’t cover salaries or hosting, though the Council can facilitate hosted meetings via sponsorships or additional contributions.
Fiscal Sponsorship
The Henderson Community Foundation will serve as the group’s fiscal sponsor based on an agreement signed by the Founder. HCF is a 501c3 entity organized under the authority of the State of Nevada and holds and distributes funds consistent with donor purpose. HCF will house all funds, authorize distribution pursuant to instructions from the group through its Advisory Council, and provide general oversight of all activities to ensure they satisfy IRS requirements.
