What is TOHF?
We are an organization that is specifically designed to empower disenfranchised communities economically.
How are you different from other funding agencies?
The mission of this organization is to change the economic infrastructure in disadvantaged communities by giving a hand up and not just a handout. This is not the agenda of most funding agencies. Our process is to give the needed business training to our clients and then to provide funding.
In whom do you invest?
- Established businesses that are seeking education and capital.
- Potential entrepreneurs with promising business ideas.
Do you invest in all ethnic groups?
Absolutely! We don't discriminate. This company was created to invest in disenfranchised communities by supporting business development. We will consider ANYONE with a business plan that supports this model.
How many businesses can TOHF support?
The potential is unlimited. The more we reinvest, the more revenue we will generate. More revenue means more businesses that grow.
When TOHF tithes back, will you make specific donations to programs that will enhance the community?
Yes we will. We have a committee that specifically addresses how funds designated for tithing will be allocated. We have a process where different organizations can apply for these funds. These monies are directed towards community service projects focusing on education and redevelopment.
How do you ensure that money allocated is spent correctly by a client?
Funding is based on an action plan created by a team of experts and the client. Once the plan has been established, funding will be allocated in stages. Benchmarks will be clearly established. When they are met, the next phase of funding will commence. Also, there is an ongoing auditing process through TOHF.
If someone doesn't qualify for the program, will they be given another chance to re-apply?
This is not a one shot deal. Candidates that are declined are specifically told why their application was not approved and what is needed for reconsideration.
As a potential client, I would like to work with a franchising agency. Will TOHF still help me with funding if I decide to buy a franchise with the monies TOHF supplies?
Yes, we will definitely work with people interested in franchising opportunities.