Nonprofits typically pursue mergers and acquisitions to broaden the range or improve the quality of services. Some nonprofits pursue mergers and acquisitions to stave off financial duress or to benefit from the stronger operational controls of a larger acquiring nonprofit.
Read full story here: https://nonprofitquarterly.org/how-to-save-a-nonprofit-mergers-acquisitions/
Two leading racial justice organizations in the U.S., Race Forward and Center for Social Inclusion (CSI), are merging. While there are many reasons for the two organizations to join forces, Rinku Sen, Senior Strategist of Race Forward, told NPQ in an interview this week about the transition, “The urgency of the moment is real, and it overshadows everything else. We’re facing the worst attack on our people in 50-60 years. I don’t think we’ve gotten to the worst of it. We’re going to have to put everything we’ve got to use to face the threat that is coming—not a dollar, not a brain cell, not a unit of human energy should be wasted.”
Read full story here: https://nonprofitquarterly.org/possibility-scale-merger-race-forward-csi/
This case study looks at the factors that led up to the decision of the International Museum of Women (IMOW) to merge with the Global Fund for Women (GFW) in March of 2014. While we reached out to previous IMOW staff—now at GFW—for a firsthand account of the events that led to the merger, we were unsuccessful and had to rely upon secondary information for evaluating the two organizations’ financial and strategic decision to merge their staffs, boards of directors, and operations under one shared mission.
Read full story here: https://nonprofitquarterly.org/creating-change-nonprofit-merger-international-museum-women/
One of the common complaints lobbed against the nonprofit sector is that we have too many nonprofits competing for resources. So when someone suggests that they might possibly be thinking of maybe starting their own nonprofit, the response from many of us is often “Get the torches and pitchforks!” Then we chase after them, flinging rocks and hummus, until they and their ridiculous ideas of founding a nonprofit are driven out of our village.
Read full story here: https://rvcseattle.org/2017/06/14/stigma-fiscal-sponsorship-needs-end/
The Dallas Foundation, Lyda Hill Foundation, The Meadows Foundation, and United Way of Metropolitan Dallas are collaborating on a first-of-its kind funding concept in North Texas to provide a variety of resources to participating nonprofits. The fund hopes to award $2 to 3 million in its first few years.
Read full story here: https://dallasinnovates.com/better-together-fund-backs-collaborative-nonprofits/
Between Friends, a Chicago nonprofit whose mission is to prevent domestic violence, recently merged with a smaller organization that supports survivors of domestic violence. The move allows Between Friends to expand its programming and opens up new possibilities for raising money from individuals. Here, the group’s Light Up the Lakefront event honors victims of abuse.
Read full story: https://www.philanthropy.com/article/interest-in-nonprofit-mergers-and-partnerships-unexpectedly-high-study-suggests/
Collaborative organizations require collaborative leadership, but are boards getting in their own way?
Read the full story here: https://ssir.org/articles/entry/governing_a_collaborative_organization