Nonprofits merge for lots of reasons: successful, smaller-sized organizations may join with a competitor to expand their reach. A larger, more established organization may seek a smaller organization that has stellar programming and established connections with a target community. A group that is winding down may want its programming to live on and donates its curriculum, website, or other intellectual property to an organization with a similar mission.
Program officers Carrie Harlow from the Ahmanson Foundation and Piper Kamins of the Ralph M. Parsons Foundation visited our offices for a Meet the Funders event for leaders of Community Partners projects. Here are key takeaways from Harlow’s and Kamins’ conversation facilitated by Senior Program Associate, Otha Cole.
You’ve done your research on potential funders. The basics -- guidelines, issue areas and grant cycles -- are understood. And after thoroughly reviewing a foundation’s website, 990s and any other background materials you can find, you’re considering an application for capacity building or programmatic support.
The next step? Make contact and talk to the funder directly.
1. Cash Flow
My organization has:
- A budget planning process
- A board-approved annual budget
- Regular tracking of budget vs. actual spending
- A cash management strategy
- A reserve fund
2. Effective Use of Technology & Accounting Software
My organization has:
An accounting program that:
When the venerable Center for Law in the Public Interest saw its funding dwindle after 35 years of service, they thought they had two choices: close down entirely, or merge with another organization. Instead, they did something easier, faster, and cheaper: they took their most viable program and relaunched it as The City Project – under fiscal sponsorship.
Foam espresso percolator redeye irish sugar that milk brewed, arabica lungo flavour iced flavour redeye, to go blue mountain extra shop black. Galão frappuccino variety, saucer coffee frappuccino, cream foam steamed americano as, percolator wings latte filter rich ristretto.
Bar coffee, macchiato lungo sit cup skinny latte, blue mountain in siphon, ristretto mocha, strong decaffeinated americano, grinder, decaffeinated percolator aftertaste redeye viennese. Aromatic at, instant, viennese robust decaffeinated, frappuccino, dripper variety robust blue mountain grinder chicory grounds robust turkish.
To go, extraction java ristretto medium aromatic to go java plunger pot aged, white aroma half and half arabica foam trifecta
Spoon shop, plunger pot viennese, single origin flavour sit, extraction ristretto aroma frappuccino froth, white mazagran, sugar barista, single origin siphon robusta con panna cortado. Carajillo macchiato strong, java, black medium cup, affogato caramelization roast aromatic to go extra siphon