
Think Locally,
Act Globally,
Prepare Eternally.
PROJECT
SUBMISSION
PROCESS
Prado Group Project Submission Requirements
Prado Group project screening and intake process will be conducted by our appointed Sub-Committee. Significant independent research on donor/investment expectations has been conducted to ensure that the views of the general public and the faith-based community are reflected in the Standards of Excellence. As such, Prado Group and its family members become primary recipients of a professional computer-based and seamless processing system. Through the submission of one’s project in this process (and its assessment, packaging and presentation) he may then qualify for “Consideration” for funding. This process should be initiated through Prado Group’s self-serve Internet website and augmented by the applicant’s completion of various Impact Assessment Forms and intake data sheets. This is done in order to comply with Prado Group’s accountability and transparency standards. When the applicant supplies the necessary electronic documents to substantiate project criteria information, then project funding can be expedited; this will likewise insure the placement of projects into the appropriate Prado Group project categories, and their proper industry standard classifications.
The basic standards are as follows:
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Submission of a One-Page "Cover Letter" to introduce the project. Cover Letter Guidelines are found here.
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The voluntary, truthful, and accurate disclosure of organizational business or social/humanitarian objectives and content through a two-page “Executive Summary” (one’s comprehensive business plan). This template and its assumptions are supplied to all applicants here.
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Submission of a Full 10-year Comprehensive Business Plan Pro-Forma (with assumptions and projections), having quarterly breakdowns for each year, in order to establish proper future project draw schedules. One’s Pro-Forma should include charts and a break-even point. The 10-Year Business Plan Pro-Forma must be created by a certified accountant, with data supplied to him by the business’ CEO and corporate management team (e.g. team is 3 or more principals). A summary of the Pro-Forma should be included on the second page of the two-page Executive Summary. A Use of Funds Form for the first 24 months of business operations must also be submitted. It should coincide with the Pro-Forma.
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For further clarification, a Pro Forma IS NOT an Excel sheet with a list of expenses and potential profits over time; rather, it is a quarterly breakdown of: expenses, liabilities, assumptions, income streams, taxes, amortizations schedules, salaries, benefits, costs, depreciation of assets, and an established break-even point . Financials and assumptions should be acknowledged by a CPA, according to International Financial Reporting Standards (IFRS) or a national (U.S.) standard equal such as GAPP.
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Submission of the names and biographies of the project’s management team (Corporate Executive Officers and Board of Directors). Depending on the size of a project and its components, a good management team would have the following: Chief Executive Officer, Chief Financial Officer (or accountant), Chief Operational Officer, HR Director, and a Marketing and Sales Manager. An appropriate understanding of organizational management structure and styles would be very helpful for best business practices and business sustainability. Submission of the names and positions of the corporate Board of Directors will be required.
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Passport from the following must be provided: Project Principals, Chairman of the Board of Directors, Chief Financial Officer, and Chief Operational Officer, and all authorized signatory Principals required per project.
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An explanation of how the applying entity governs its organization (legal corporate structure, organizational structure, and by-laws) and its relationship with all stakeholders within its network.
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There must be an absolute willingness to be transparent and truthful regarding all information submitted representing project matters.
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Included in the business plan (after one’s Break-even Point has been acquired) should be an explanation of how the applicant will create abundance and overflow, through successfully mentoring their leaders, staff and partners; thus, leading to the sharing of its enrichment and blessings with those less fortunate.
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Wherever possible, the applicant must be willing to trade and transact within the Global Prado Group Community for shared market enhancement and project sustainability.
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Information to include in the applicant’s succession plan would be: How managed resources and organized systems have been constructed to last and function in the CEO’s and/or President’s absence.
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Letters of Reference: Personal, professional and pastoral/ministerial letters of reference
(attorney, CPA, banking, 2 personal @ 10+ years non-family, 2 professional @ 5+ years, and pastor/minister).
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Category for project funding requires a comprehensive Market Study, valuations, or estimates
(third-party validation required).
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The establishment of a Prado Group Box Account and a secure communication VOIP Account.
If approved, the following submittals shall be due within one month (approximately 30 days):
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Sustainable Organization Plan (recommended software or equal, including assumptions and ratios)
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Completed Prado Group Impact Assessment Process (5 Steps: Quantity and Quality)
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Clean “bill-of-health” for Principals (i.e. provided by a third-party medical doctor)
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Legacy planning for Principals (estate & succession; Family Love Letter). The Key-person’s (Principal) replacement policies.
Project Overview Submittal Highlights
Supplemental Pro-Forma Guidelines
Include as applicable:
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Interest Reserve: Include for the duration of construction/build-out to revenue (Libor + 3)
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General Contingency: (+/- 10%)
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Contingency for Material & Transportation Fuel Costs: (+/- 20%)
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Draw Schedule: Year 1 by month; Years 2-5 by quarter; Years 6+ by year
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Break-Even: Should occur within 5 to 7 years (post revenue recognition)
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Treasury / Cash Management: inflation, CPI, currency devaluation, future contracts, hedging strategy, etc.
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Corporate Philanthropy: Declaration of one or more Prado Group qualified charitable in-family organizations.
Important Note: The point of the Impact Assessment Process is to get the principal(s) “ready to receive”. Once the quantitative and qualitative thresholds have been obtained, the Principals must maintain this “ready” status (documents current) in order to receive funding. Please DO NOT make a submittal application if you have no intention of keeping the comprehensive package up-to-date for transparency and reporting purposes.
Acceptance Process
LOI; Due Diligence; Commitment; Time to Disbursement:
Phase 1: Getting “Ready to Receive”
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Request for Proposals: Submittal applications will be received the first Monday of every other month (which is 6 times a year... January, March, May, July, etc.).
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Letters of Intent (LOI): Will be issued upon passing Phase 2; hence, clients should remain patient and maintain a sense of “readiness” for Prado Group.
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LOI Expiration: Principals must complete the entire Impact Assessment Process (5 Steps: Quantity and Quality) within 90 days for LOI to remain compliant with current programs/incentives.
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Provisional Commitment: Typically issued within 30 business days of completed submittal
(see Requirements to Apply).
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Due Diligence: Conducted by third-party audit assignment: Principals must complete verification of required documents and assessments within one month (30 business days) to remain compliant with current programs/incentives
(see Requirements to Apply).
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Firm Commitment & Letter of Intent (LOI): Typically issued within 10 business days after (all) Due Diligence submissions and documents verification.
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Disbursement: Typically issued within 20 business days after a Firm Commitment and Contracts are accepted by Principals; and after banking accounts have been approved.
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Total Cycle Time: Opportunities for project submissions are offered six times annually. Maximum completion time is 3 months (from start to finish).Actual time depends on Principals’ application date, number of Principals and supporting staff, familiarity with emerging technologies, supplemental reading, the ability to meet stipulated deadlines until completion, and an undying commitment to remain steadfast in and professional in conduct.
Letters of Reference
Please provide three (3) letters of reference on the letterheads of the suggested Contacts below. It is required that at least one Contact be a senior head of a house of worship. If you happen to be currently taking any regularly prescribed medicine, an additional letter of reference (total of four) is required from one’s primary care physician (as noted below); this medical requirement is considered in relationship to project sustainability. ALL references are required for Principals with projects.
Select one’s reference sources from below:
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Spiritual Advisor (rabbi, pastor, or other spiritual leader, attesting to your character and accountability)
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Attorney (verifying your personal and professional regulatory compliance)
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Accountant / CPA (verifying status as to current tax compliance)
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Auditor (third-party letter of opinion as to current transparency and governance)
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Doctor (primary care physician’s opinion regarding a “clean bill of health”)
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Individual Investor (someone who has invested more than $25,000 in your organization)
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Institutional Investor (a group who has invested more than $100,000 in your organization)
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Customer (someone who has purchased a product or service from you within the last year)
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Supplier (someone who has supplied you with some products or services within the last year)
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Employee (someone who has worked for you more than 1 year)
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Employer (someone who you have worked for longer than five years)
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Strategic Partner (someone who has worked alongside you for more than 1 year)
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Consultant (some non-employee who has worked for you more than 1 year)
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Insurance Agent (attesting to adequate coverage relative to risk exposure)
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Banker/Trustee (one who has fiscal responsibility; personal and professional dealings with you)
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Professional Associations (verifying that you are a member in good standing)
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Department of State (verifying that you are a member of their organization and are in good standing)
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Officers & Directors (members of your organizations fiduciary staff)
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Mentor (someone to whom you hold yourself accountable)
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Coach/Trainer ()
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Longstanding Friend (someone who has known you for more than 10 years)
* For Students Only:
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Dean (head of your current college or university)
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Professor / Teacher (current instructor of college or university)
Prado Group Project Submission Requirements
Please provide a complete list of team contact information including (but not limited to): ALL Principals, Officers, Directors, key personnel, and all other professional advisors such as: Legal, Tax, Financial, Insurance, Banking, Audit, Real Estate, and other key consultancy relationships. Using the following format, please provide the contact information for each on your letterhead.
Sample Contact Sheet

Project Funding Matrix
Instruments & Structures
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Program-Related Investments and/or Mission-Related Investments (PRI or MRI, respectively)
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Secured debt-related only (i.e. no equity accepted/offered)
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Contingent / Deferred (i.e. royalties)
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Contract / Joint Venture
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Common Law Trust (i.e. unincorporated “express” trust)
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Co-op / Partnership
Maximum Financing Term
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7 years from positive Cash Flow recognition; or 10 years total for pre-revenue projects.
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Important Note: “Equity-only” Financing (and/or other balance sheet securitization derivatives) are not offered or promoted as a sustainable means of capitalization through Prado Group.
Prado Group Family Member or Friend(s) Paid-in Capital
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Preferred Equity: Prado Group cultivates community through Non-Recourse Loan Grants with 3% Staking and 20% (1/5) recourse of net revenue, thus, keeping all projects within community; this method allows Prado Group to continue seeding Ecclesiastical projects. This is the divine Joseph Model given to him by YHWH in Egypt, to deliver the Hebrew people when their money failed, and famine struck the land.
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Grant Equity: Non-Recourse Loan Grants with NO Staking and 50% (1/2) recourse of net revenue, thus, keeping all projects within community; this method allows Prado Group to continue seeding social humanitarian projects.
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Recommended Organizational Expense Allowances
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Regulated Transactions (Securities): None
Upfront Cash/Liquidity Requirements
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No upfront cost for any Family Members or Friends of the Family
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No upfront cost for Letter of Intent (LOI) after completing Phase I ~ Prado Group Due Diligence (must satisfactorily complete the)
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Due Diligence: Varies per project; upfront third-party fees may apply (see Paid-in Capital and Liquidity); however, such fees may be deducted or rebated at closing and authorized at the time of Prado Group Registration.
Closing Cost Allowances​
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3 to 5% Typically: Distributed out of funds leveraged to Member:
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Amounts < $5M to $10M: 5-7% (typically)
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Amounts of $10M to $100M: 3-5% (typically)
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Amounts of $100M to $1B: 2-3% (typically)
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Amounts > $1B: 1-2% (typically)
Early Redemption; Pre-Payment Penalty​
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Non-Recourse: Balance of finance terms and conditions apply
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Call Provision: After 3 years of profitability
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Pre-Payment Penalty: None (typically)
Cost of Capital
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Debt Instruments: SOFR Plus 1 to 10
(determined by Prado Group Impact Assessment score results) -
Royalty Instruments: Starting at 10% of Gross Receipts for a fixed term (typical)
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Community Philanthropy: Minimum of 10% of Gross Receipts (revenue).