Making Sense of Mergers
Judy Alnes, Contributor, executive director, MAP for Nonprofits
We’re done with the last minute scurrying to finish the nonprofit merger research which was unveiled yesterday July 31st. The research team has held its final meeting, designs have been poured over, fonts selected, paper purchased, edits made, and press checks completed. Now all that’s left to do is turn our attention back to the future. And what a huge future it is as nonprofit leaders explore strategies to keep their organizations successful.
When MAP and Wilder Research embarked on this research journey two years ago, we aimed to learn more about nonprofit mergers. Do they create more vital organizations? Can a merged nonprofit be more effective in securing resources? Can it stave off the pain of reductions in funding? Can it create a more revved up financial engine for preserving the services that we most need in our communities? Do nonprofit mergers hold any promise as a response to the tight economic times in which nonprofits find themselves? Read the rest of this entry →