Community Improvement, Capacity Building

Opportunity Through Entrepreneurship Foundation

Entrepreneurs Making a Difference for Others

aka OTEF, OTEF/D3Bio, OTEF/AZAdvances

PHOENIX, AZ

Mission

The Opportunity Through Entrepreneurship Foundation (OTEF) is a grass roots organization that provides entrepreneurial education, mentoring and support to individuals and organizations. Our programs focus in three areas, Small Business Mentoring; Creating Opportunities for Students; and Supporting the Discovery and Development of Health Innovations. We achieve our goals through direct programming, grants, and mission related investments. Our goals are: + To provide a path to economic sustainability to at-risk populations that are often forgotten or left behind; and + To foster an environment where health innovations are discovered, developed, and delivered that benefit people in Arizona, across the U.S. and around the world .

Ruling Year

2006

Chairman

Joan Koerber-Walker

Executive Director

Francine Hardaway

Main Address

14401 S 24TH WAY

PHOENIX, AZ 85048 USA

Keywords

entrepreneurship, innovation, at-risk populations, health, education

EIN

20-3779020

 Number

7342477229

Cause Area (NTEE Code)

Management & Technical Assistance (S02)

Economic Development (S30)

Business and Industry (S40)

IRS Filing Requirement

This organization is required to file an IRS Form 990-N.

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Social Media

Programs + Results

What we aim to solve

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Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

OTEF Entrepreneurship Support Programs

Where we work

How We Listen

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

Source: Self-reported by organization

the feedback loop
check_box We shared information about our current feedback practices.
How is the organization collecting feedback?
We regularly collect feedback through: case management notes, constituent (client or resident, etc.) advisory committees.
How is the organization using feedback?
We use feedback to: to identify bright spots and enhance positive service experiences, to make fundamental changes to our programs and/or operations, to inform the development of new programs/projects, to strengthen relationships with the people we serve.
With whom is the organization sharing feedback?
We share feedback with: the people we serve, our staff, our board, our funders, our community partners.
What challenges does the organization face when collecting feedback?
It is difficult to: we don't have any major challenges to collecting feedback.
What significant change resulted from feedback
Our work in the community has identified that access to entrepreneurial capital is one of our greatest limiting factors to achieve our goals. To address this is our focus areas, the OTEF team has worked to: + Improve funding opportunities for women entrepreneurs by assisting in the formation of the Arizona chapter of Golden Seeds which will providing both educational opportunities and funding opportunities for this demographic. + Launched the AZAdavances program to develop sustained funding streams to support the transition of health innovations from the point of discovery into the development pipeline.

External Reviews

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Financials

Opportunity Through Entrepreneurship Foundation

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Operations

The people, governance practices, and partners that make the organization tick.

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Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Not Applicable

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Not Applicable

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Not Applicable

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

Not Applicable