Lynn Ivanek, BS with Marvin Hardy, MD
This session will describe how Grace Medical Home, a charitable clinic started in 2010 with a small staff and budget, grew quickly in response to a large community need. In order to meet this demand, the board and staff intentionally focused on sustainable ways to grow revenue without consideration of changing our mission and model. Grace now enjoys wide community support and sustains an annual operating budget of roughly $3.5 million which is more than twice the amount of the median nonprofit’s budget, successfully completed a $9 million Capital Campaign in less than a year, and maintains reserve funding of 6 months operating expenses.
