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Q&A
Council member inquires about private sector investments in nonprofit services
2:49:42
·
67 sec
Council Member Lynn C. Schulman asks representatives from various organizations about potential private sector investments or partnerships to supplement their funding. The representatives discuss their current funding situations and express openness to exploring additional resources.
- Hailey Nolasco from the Center for Justice Innovation mentions they have a mix of funding but are looking to diversify further.
- Rosalind Black from Legal Services NYC explains they engage in fundraising, but the volume is not sufficient to replace federal funding.
- Council Member Schulman clarifies she's suggesting supplemental, not replacement, funding.
Lynn C. Schulman
2:49:42
I have a I have a question.
2:49:46
Does the private sector do any investment in anything that you guys do?
2:49:49
I'm just curious.
2:49:52
Because now is the time to, like, figure out where we can get resources from.
Rosalind Black
2:49:58
In terms of investment you mean contributions and fundraising that Anything
Lynn C. Schulman
2:50:02
yeah.
2:50:02
Anything in terms of partnering or anything like that or anything maybe that the council can look into in that in that vein.
2:50:10
So just asking.
2:50:12
Just putting it out there.
Hailey Nolasco
2:50:14
I would say for the center, we do have a mix of funding.
2:50:18
Mhmm.
2:50:19
We are looking into that a little bit more because we do have a majority of government grants, so it's something that we are exploring.
2:50:24
And any support that we could get from the council would be Okay.
2:50:26
Very much welcome.
2:50:27
Great.
2:50:27
Thank you.
2:50:28
Okay.
Rosalind Black
2:50:30
Yeah, and we do engage in fundraising.
2:50:33
However, the volume of that is just not sufficient.
2:50:37
No, no, absolutely.
2:50:38
Federal funding is crucial to making payroll.
Lynn C. Schulman
2:50:41
No, totally understand.
2:50:42
I'm not saying in place of, I'm just saying if there's anything that we could do to supplement complement what you do.
Rosalind Black
2:50:48
I appreciate that.
2:50:49
Thank you.