Marc Sparks and Lynne Sipiora have introduced Spark Tank. This is a way of awarding mentoring and grants to smaller non-profit organizations who give their support to the community. Any philanthropic group located in Dallas or Forth Worth, Texas can turn in a proposal and try to win a grant for $5,000.
Marc Sparks has announced the latest winner. Mommies in Need supplies needy families with qualified nannies. These families are having health emergencies but are unable to afford to hire a nanny. They are given nannies at absolutely no cost. Mommies in Need is using the grant to find a bilingual nanny and nannies trained in children with special needs.
Applications received by Spark Tank must be a 501c3 organization that has been operating for a minimum of two years. Each organization receives ten minutes for the presentation of their case. They then received another ten minutes for answering questions from Spark Tanks panel. They are evaluated based on their story and the impact the grant will have on their programs ability to show positive results.
Marc Spark is an entrepreneur from Dallas, Texas. He currently owns a family office and works with other entrepreneurs to build companies. His inspiration comes from his successful efforts in supporting The Samaritan Inn homeless shelter. He aided the shelter when it was a small run down building into becoming an annual operation of $3,000,000. The shelter feeds and houses more than 200 individuals every day.
Marc went to high school in Austin, Texas and graduated in 1975. He has been an entrepreneur for 34 years. He believes challenges come from God to teach the responsibilities that are a part of success. As a C+ student in high school he feels the only way he could sell millions of dollars in self-made products was with God’s grace. Marc also believes in remaining humble. Although Marc has received no formal training to help him in his career he says he was born with an incredibly keen instinct.
Marc has a passion in life to build companies. Many times, he succeeds by accomplishing what other people thought was impossible. He has numerous private equity companies included in his portfolio. He simply takes an idea and manages to establish a business model with the development of both long and short term goals. His management technique is to lead by example and his proverbial door is always open. He says in the time it would take to set up and reserve a conference room he could have already resolved the challenge.