Wednesday, April 15, 2009

Community Foundation Announces Strategic Partnership Fund

The Central New York Community Foundation has launched a new initiative, the Strategic Partnership Fund. As their website relates:

We all know that effective nonprofit organizations are vital to the health and vitality of any community. Since the current economic instability has created challenges to the well being of the whole nonprofit sector, leaders are wrestling to address the changes in community need while also balancing their already tight budgets. These growing challenges have also prompted some to consider dramatic new levels of collaboration to ensure the future sustainability of vital community service they supply.

The Strategic Partnership Fund will support those organizations seeking to create new synergies in and between nonprofits that will enable them to enhance program delivery and achieve more effective and efficient use of limited financial and human resources. Our hope is that the financial support offered through the Strategic Partnership Fund will enable these collaborative partnerships to prosper.

Grants from the Strategic Partnership Fund support willing organizations pursuing the following:
  • Administrative consolidation
  • Joint programming
  • Joint venture
  • Regionalization
  • Formation of subsidiary or parent-subsidiary
  • Reengineering or restructuring
  • Mergers and consolidations
  • Nonprofit dissolutions

Funds will he made available for nonrecurring costs related specifically to implementing strategic partnership activities listed above. Typical expenses include professional, legal, human resource management, information management, organizational development and/or technical assistance required to accomplish a desired change.

To learn more about application guidelines and how to apply, contact John Eberle at 315-422-9538, extension 214.

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