Financial Requirements

The following table represents the ideal budget for specific departments and general requirements needed to make the first MYC facility a reality.

Resource	Budget
Building/Warehouse (1 Year Lease)	$102,000
Program Resources Art supplies, equipment, computers, etc.	$75,000
Telephone &Utilities (1 Year)	$5,000
Operating Expenses Staff, Events, Marketing, Field Trips, etc.	$185,000
Additional Expenses	$33,000
Total Operating Budget (1 Year)	$400,000

Initial funding will primarily be raised through a series of fund raising events and online donations. The funds will be placed in a money market account earning approximately 5% APY. Once the initial $400,000 is raised, monies will be drawn directly from the money market account on an as needed basis, thus maximizing the yield.

Once the first MYC facility is opened, in addition to fund raising and donation programs, MYC will go beyond the lemonade stand and launch quality entrepreneurial projects such as event promotions, business services, product sales, art shows and many other programs designed by both the counselors, volunteers and the children themselves.

If you or anyone you know are interested in volunteering your time or donating resources, please fill out the contact form.