As the ACE Mentor Program expands, it needs to maintain a consistent level of program quality. So it has defined a set-up process. ACE staff will guide new affiliates through this set-up process. However, before a start-up can begin to operate, it must be self-sustaining and obtain the following commitments:
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Pledged involvement of five committed board members. (A pro bono attorney and CPA can be a part of this start up group.)
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Pledged financial commitments from potential board member firms or others. At a minimum, the new affiliate should raise approximately $50/yr. per student to cover the cost of liability insurance and administrative fee. Fees are assessed after completion of the ACE year and only against the active & pending students registered in the database.
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Pledged commitment of mentors from mentor firms.
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Pledged commitment from at least one local high school.
ACE Recommends:
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Board members should not serve on the board and at the same time be involved in the mentoring process, at least in the initial couple of years of affiliate operations.
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In its first year the affiliate should focus board development, mentor solicitation as well as school selection.
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Start-up affiliates should secure the services of an attorney and accountants to help with start-up procedures. These individuals should serve on the affiliate’s board.
