As a social enterprise, PIP earns half of our budget from sales in our catering, restaurant and gift product businesses. This means we match every donation 1:1.
We fundraise the rest through:
- Fundraising events (Sweetheart Raffle, Brunch, pizza parties and Jazz for Peace)
- Individual donations from over 900 donors who support our mission.
We steward our money very carefully. Our trainees are paid; one third of our budget returns directly to these our trainees as stipends to meet some of their basic needs. These funds are spent on necessities like rent, diapers and food in low income communities of Cincinnati.
Another large and unusual expense is for the food that we purchase as raw materials for the restaurant and catering. Food costs are generally about 45% of the sale price of the final purchased meal.
We also have to pay our staff; there can be no training without trainers. These costs are offset because the Sisters of Notre Dame de Namur provides our catering director at no cost to PIP, and provides a grant toward the cost of our catering assistant; we also make use of theNotre Dame Mission Volunteers Americorps program to provide our volunteer/tutoring coordinator; and we make heavy use of volunteers for many administrative, fundraising and programmatic functions.