Innovative Resources was retained by the Lower Eastside Girls Club for capital project development and counsel. We began by helping the organization's professional staff and Board of Directors create a plan for developing city lots that had been donated by the City of New York.
We served as counsel on this pioneering endeavor for a community-based nonprofit to collaborate with other nonprofits, the City School District, business leaders, and government officials to work together on a project that could serve as an economic engine for a blighted section of lower Manhattan.
Innovative Resources was charged with helping the Girl's Club raise its first-ever capital funds. Working with a newly recruited Leadership Team, more than $7 million was raised. Project management by Innovative Resources resulted in a master plan for the project with a leading "green" architect in New York City. The plan included defining the nonprofit and for-profit leasers for the donated site, and a key, mission-centered effort for the Girls Club to run a bakery that would produce revenue for the organization, as well as give the girls a learning opportunity to work with professional bakers.
The project also included a plan for creating a business incubator for low-income persons interested in obtaining the resources or skills to launch a business. As the work progressed, Innovative Resources has had the opportunity to work with several for-profit developers to select the best co-venturer for the Girls Club to bring affordable and market-rate housing, as well as a full spectrum of nonprofit services for the multi-use development plan.
The Lower Eastside Girls Club was founded in 1996 to address a historic lack of services for girls and young women ages 8 to 23. Unaffiliated with the national Boys and Girls Club, the Lower Eastside Girls Club has strong arts, literacy, science, health, and leadership programs to provide girls with the vision and the tools to plan their future.