Nonprofits constantly face both internal and external challenges as they strive to fulfill their missions. Regardless of whether things are going well or if your organization is considering closing its doors, it is important for leadership to assess if a strategic combination with another organization might help sustain the mission and/or expand community impact. In other cases, leadership may consider a dissolution to be the best course of action. It is crucial to carefully consider these various scenarios in order to achieve the best possible outcome.
PBPO is here to help you understand different options and solutions with 4 convenient and free resources from experts in the field.
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- Sustaining the Mission: Nonprofit Combinations and Other Strategic Partnerships (1 hour webinar). This webinar explores key items to consider, including:
- Indicators of organizational health and readiness to collaborate, including cultural components, that boards should consider
- An overview of the exploratory process to determine the desirability of a partnership
- The legal options for structuring a partnership or more formal combination and the benefits and drawbacks of each
- Sustaining the Mission: Nonprofit Combinations and Other Strategic Partnerships (1 hour webinar). This webinar explores key items to consider, including:
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- Considerations for Nonprofit Partnership and Consolidation. This article outlines common types of combinations, the pros and cons, and important considerations for each.
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- Charitable Challenges and Opportunities – Dissolutions, Transactions and Restricted Funds (45 minute webinar). This webinar addresses some of the issues that leaders should consider when exploring options including:
- Dissolving the organization
- Merging
- Selling off assets or engaging in various transactions
- Using restricted funds
- Charitable Challenges and Opportunities – Dissolutions, Transactions and Restricted Funds (45 minute webinar). This webinar addresses some of the issues that leaders should consider when exploring options including:
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- M&A For Nonprofits: Legal Structures, Due Diligence, & Dynamics of Culture (1.5 hour webinar). This webinar covers topics such as:
- Legal structures of different combinations
- Due diligence
- Key considerations of culture and leadership
- M&A For Nonprofits: Legal Structures, Due Diligence, & Dynamics of Culture (1.5 hour webinar). This webinar covers topics such as: