FUNDING AND SUSTAINABILITY CHALLENGE

As a new nonprofit organization, HCTC faces many challenges, especially in these difficult economic times with decreased funding at all levels and increased competition. Diversification of funding is needed by HCTC to reduce the cash flow difficulties we experience and to allow for more flexibility in what we do and how we do it. At one time, HCTC utilized a fiduciary entity as it proceeded to obtain its independent corporate status. HCTC, like many organizations, has experienced cash flow difficulties in its first years. Initial funding came through a $25,000 grant from Purdue Phama in 2002 followed by a federal pass through grant from the City of Hartford, in 2004. To date, HCTC has been able to generate over $400,000.00 in the last two years; yet this has not allowed the organization to tap dance and shout independence.

Quite the contrary, we are very dependent. Dependent on the much needed funding that we are challenged to obtain. While grants constitute the largest percentage of funding for HCTC, other avenues for fundraising include special events, selling of items at Craft Fairs, developing individual donors, securing corporate sponsorships, and developing an annual fund raiser.

We need our supporters to rally together and see the greater good for our youth. Although donations can be made daily to: Hartford Communities That Care, Inc. 305 Greenfield Street, Hartford, CT 06112; see our event calendar for detailed opportunites for sponsorship.