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Founded | 2008 |
---|---|
Type | 501(c)(3) |
90-0386790 | |
Location |
|
Coordinates | 33°39′04″N84°30′46″W / 33.651196°N 84.512680°W |
Origins | Community Reinvestment, Inc. Atlanta Community ToolBank |
Area served | Various US cities |
12 | |
Key people | Patty Russart, CEO Trey Bearden, CPO Heidi Thompson, President |
Revenue (2020) | $929,376 |
Expenses (2020) | $950,463 |
Funding | Gifts; grants |
Employees | 5 |
Website | toolbank |
[1] |
ToolBank USA is a not-for-profit organization based in Atlanta, Georgia with a mission to strengthen local communities through the establishment of ToolBank affiliates across the United States and the provision of infrastructure to support affiliates. ToolBank USA affiliates are tool lending resources that serve charitable organizations in their metropolitan areas. ToolBank USA affiliates are stand-alone entities not consolidated with the ToolBank USA. ToolBank USA was established as a not-for-profit organization on March 27, 2008, in Georgia.
The Atlanta Community ToolBank, from which ToolBank USA grew out of, originated in Atlanta as an offshoot of a charitable no-cost home repair program known as Community Reinvestment, Inc. (CRI), founded in 1990. CRI's tool inventory grew organically as a result of volunteers donating equipment in support of the program. Local neighborhood associations and churches periodically borrowed CRI's tools for their own cleanup days and volunteer events, giving rise to the core concept of the ToolBank. CRI began offering the ToolBank as a formal program in 1992. [2]
ToolBank USA was launched by founding grants from The Home Depot Foundation, The UPS Foundation, Stanley Black & Decker, Datapipe, and REM Enterprise Solutions. [3]
ToolBank is a term trademarked for a nonprofit tool lending program model, in which a collection of tools are owned by a nonprofit organization, and lent exclusively to other charitable organizations, not individuals. The ToolBank program model differs from the similar but more broad tool library model, in which the tool collection is available to individuals. The ToolBank model was initially developed by the Atlanta Community ToolBank. [4]
Each ToolBank increases the impact of its local charitable sector by lending tools to organizations for use in the fulfillment of their missions. The available inventory of a typical ToolBank includes tools for landscaping, carpentry, plumbing, masonry as well as power tools, ladders, wheelbarrows, and others. The Atlanta Community ToolBank is currently the largest ToolBank with over 200 tool types in its lending inventory. Nine ToolBanks are currently lending tools in the cities of Atlanta, Baltimore, MD, Charlotte, NC, Cincinnati, OH, Houston, TX, Phoenix, AZ, Portland, OR, Richmond, VA, and Chicago, IL. [2]
ToolBank inventories are designated for the purpose of increasing the impact of the nonprofit sector and less formalized grassroots organizations. Typical borrowers of ToolBank tools include faith-based organizations, public schools, neighborhood organizations, public/private partnerships with community-oriented missions, social clubs with a service mission, gardening clubs, and others. Proof of charitable intent is verified prior to accessing ToolBank tools.
ToolBanks perform three primary functions:
In 2014, ToolBank USA launched ToolBank Disaster Services. ToolBank Disaster Services is a mobile tool-lending program that travels to areas effected by disasters to assist with response and rebuilding efforts of other not-for-profit organizations. It can equip thousands of volunteers with needed tools, post disaster, to respond to tragedies such as hurricanes, tornadoes, fires, and floods. Trailers carry various hand and power tools, along with personal protective gear. [2] The program currently only operates within the United States and its territories.
A nonprofit organization (NPO), also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status.
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent.
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.
Habitat for Humanity International (HFHI), generally referred to as Habitat for Humanity or Habitat, is a US non-governmental, and nonprofit organization, which was founded in 1976 by couple Millard and Linda Fuller. Habitat for Humanity is a Christian organization. The international operational headquarters are located in Americus, Georgia, United States, with the administrative headquarters located in Atlanta. As of 2020, Habitat for Humanity operates in more than 70 countries.
Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.
A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners.
Points of Light is an international nonprofit, nonpartisan organization headquartered in the United States dedicated to engaging more people and resources in solving serious social problems through voluntary service.
NatureServe, Inc. is a non-profit organization based in Arlington County, Virginia, US that provides proprietary wildlife conservation-related data, tools, and services to private and government clients, partner organizations, and the public. NatureServe reports being "headquartered in Arlington, Virginia, with regional offices in four U.S. locations and in Canada." In calendar year 2011 they reported having 86 employees, 6 volunteers, and 15 independent officers.
Nonprofit technology is the deliberative use of technology by nonprofit organizations to maximize potential in numerous areas, primarily in supporting the organization mission and meeting reporting requirements to funders and regulators.
Nehemiah Corporation of America is a non-profit organization based in Sacramento, California specializing in homeownership, affordable housing and community development. It started in 1994 as a small organization, but grew to prominence later in the 1990s after it developed a program that allowed home buyers to make down payments on their purchases using funds that were derived from the home sellers. This program, the Nehemiah Program, became popular and was widely emulated, giving birth to what came to be known as the seller-funded down-payment assistance industry. The industry attracted criticism from U.S. federal agencies and was ultimately shut down in 2008 by a change in federal law.
The HandsOn Network was a non-profit organization focusing on community service based in Atlanta, Georgia, U.S.A. It sought to bring people together to strengthen communities through meaningful volunteer action, and mobilized some half million volunteers in communities inside and outside the United States. HandsOn Network created and managed nearly 50,000 projects a year, from building wheelchair ramps in San Francisco to teaching reading in Atlanta, to rebuilding homes and lives in Gulf Coast communities following Hurricane Katrina. Originally an independent organization, it became part of the nonprofit organization. The nonprofit was disbanded sometimes in 2019.
Citizen Corps is a program under the Department of Homeland Security that provides training for the population of the United States to assist in the recovery after a disaster or terrorist attack. Each local Citizen Corps Council partners with organizations, volunteers and businesses to organize responders, volunteers and professional first responders for an efficient response so efforts are not wasted by being duplicated. By training in Incident Command, volunteers know whom to report to and how the incident is organized. This prevents sites from being inundated by untrained and unprepared personnel preventing operation. Citizen Corps also works in conjunction with the Corporation for National and Community Service in promoting national service opportunities for promoting homeland security needs.
KABOOM! is an American non-profit organization that helps communities build playgrounds for children.
A tool library is an example of a Library of Things. Tool libraries allow patrons to check out or borrow tools, equipment and "how-to" instructional materials, functioning either as a rental shop, with a charge for borrowing the tools, or more commonly free of charge as a form of community sharing. A tool library performs the following main tasks:
GlobalGiving is 501(c)(3) non-profit organization based in the United States that provides a global crowdfunding platform for grassroots charitable projects. Since 2002, more than 1.1M donors on GlobalGiving have donated move than $530 million to support more than 28,000 projects in 170 countries.
Toronto Tool Library (TTL) is a tool library system based in Toronto, Ontario, Canada. Tool libraries loan specialized tools for both experienced and inexperienced community members who are interested in home repair, maintenance, building projects, community projects, gardening and landscaping. In The Kitchen Library, small to medium-sized appliances are loaned for cooking and baking, serving equipment, culinary workshops. It partnered with the Toronto Public Library in 2015.
Halifax Tool Library (HTL) is a tool lending library based in Halifax, Nova Scotia, Canada. Members pay an annual subscription and may borrow specialized tools for home repair, maintenance, building projects, community projects, gardening and landscaping. The HTL is a registered Non Profit community organization in Nova Scotia. The HTL offers standard, Student/Low-Income option, and organizational memberships to non-profits and small businesses. The HTL is supported by the HRM Capital Grant program, Dalhousie University student union, the Veith House Society, Ecology Action Centre, Parker Street food & furniture bank, Forest Friend, Bike Again, North Brewing Company, Catalyst, Fusion HFX, Deiter's tool and Saw.
Calgary Tool Library (CTL) is a tool lending public library system based in Calgary, Alberta, Canada. Tool libraries loan specialized tools for both experienced and inexperienced community members who are interested in home repair, maintenance, building projects, community projects, gardening and landscaping. Makerspaces provide access to tools and resources and host planned programming, workshops, free play and community group times related to making, DIY, and innovation. The CTL offers tool library memberships to any resident of Calgary and area and to organizations. The CTL is supported by The Calgary Foundation, First Calgary Financial, Brookfield Residential, and Remington Development Corporation.
Cornwall Tool Library (CTL) is a tool lending public library system based in Cornwall, Ontario, Canada. Tool libraries loan specialized tools for both experienced and inexperienced community members who are interested in home repair, maintenance, building projects, community projects, gardening and landscaping. The CTL is a part of the Resource-Based Economy Group (RBEG), a registered Canadian non-profit, is responsible for the operations and management of the CTL. The CTL offers standard memberships to community members over 18 years of age.
Ottawa Tool Library (OTL) is a not for profit tool lending public library system based in Ottawa, Ontario, Canada. Tool libraries lend specialized tools for both experienced and inexperienced community members who are interested in home repair, maintenance, building projects, community projects, gardening and landscaping as well as cooking. The OTL offers annual, short-term, group and gift memberships. See the website for current rates.