The Spark Tank Grant Is The Gift That Keeps On Giving

Timber Creek Capital, LP, a private equity firm located in Dallas, Texas solely owned and founded by Marc Sparks operates as a business incubator. Entrepreneurial startups of all types receive an array of services, training and/or funding critical for development, marketing, scaling up, etc. to achieve the ultimate goal of sustainable growth and success. Mr. Sparks is known as a serial entrepreneur, which means if the idea proposed is viable and promising, even if challenging he is likely to invest. He relishes challenging circumstances. His faith in God encourages him to take them on fearlessly as teachable opportunities. He believes such circumstances in life drives home the lesson that “with success comes responsibility and to always be humble.”

 

Marc Sparks strongly believes in giving back to the community. His social entrepreneurship group Spark Tank that makes financial grants for that very purpose. A quote from the Bible appears on his website homepage that speaks to the essence of his life and business practices, “From everyone to whom much has been given, much will be required; and from the one to whom much has been entrusted, even more will be demanded.” (Luke 12:48) The idea of Spark Tank arose from a successful philanthropic endeavor for the homeless that he and Lynne Sipiora took on over fifteen years ago. The success of which laid the groundwork for Spark Tank.

 

Spark Tank offers financial grants in the amount of $5,000 (five thousand dollars) to a variety of 501c3 organizations that have been operating for at least two years. Eligibility rules restrict granting funds to national charities, political action committees, or those promoting faith-based initiatives (unless for non-religious purposes). All applications must be submitted online. Finalists are then chosen to present their proposal and answer questions from the selection committee. A careful evaluation of each organization’s background, resultant impact of their individual proposals, and meaningful measures of accountability determines the grant recipient.

 

The most recent Spark Tank grant recipient is Mommies in Need. Natalie Boyle, Founder and President of Mommies in Need created this service to provide nanny services at no cost to families needing help caring for their children due to a health crisis but cannot afford it. The Spark Tank grant will help to expand available services in addition to including nannies that are bilingual and those trained in special needs childcare.

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