I would like to start a nonprofit foundation that would give $600 to families struggling to make down payments on braces. Castle Foundation in Phoenix, AZ closed its doors here, so I want to start another organization. I have little money either, but dream of the "Time to Smile Foundation."
Is this a crazy idea? How do I determine if this is even possible? Any information would be greatly appreciated.
In my experience, one of the best ways to separate the "crazy and good" ideas from the "crazy and not good" ideas is to try to find similar organizations that are doing well. So for braces, I would like to find foundations that provide dental services or other medical services to youth. SmileTrain comes to mind as one organization to research. Here's another in Orange County, CA. The good ideas are those that have a realistic chance of being funded by donors, government agencies, or clients, so one goal of the research on similar organizations would be to understand the financial model that each organization is using to provide grants or services.
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