This article first appeared in the St. Louis Beacon: Early this year, Karl Guenther told the St. Louis Beacon his new nonprofit, Invest STL, was asking people “to fund possibility and stay engaged through that.”
How? The organization planned to raise $10,000, and then award its first grant, of $2,500, from that money. The remainder would stay with Invest STL to try to grow it into a long-lasting organization, which would give out future grants. So that’s the funding possibility part.