S2, E1: Cherry Chan
In Episode 1 of Season 2 of the PhilanthroThink Podcast, “Money, Mission and Change: Rethinking Nonprofit Finance,” Cherry Chan, founder of , CEO of OTUS Financial Solutions, and host of the , talks to our hosts, Megan Skyvington and Fengwen Yu, about growing up in a money-focused community, building a real estate and accounting business and starting a small 鈥淏asket Brigade鈥 in Hamilton. She takes us through what motivated her to set a goal to raise $50 million for nonprofits over the next decade — and explains why 鈥渘onprofit鈥 is just a label and how social enterprise, licensing, sponsorship and better planning can help with fundraising. She also reflects on board pressures and the risk of staying stuck in a scarcity mindset, and offers practical ideas for testing new revenue streams and telling your story more often.
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Thank you to IG Private Wealth Management for a grant to make the PhilanthroThink Podcast series possible.