The New Dawn of the Nonprofit Merger


best-merge

Mergers – never easy.

It used to be that the idea of one nonprofit taking over another was simply anathema.  Nonprofits didn’t, you know, do that to one another. Mergers and acquisitions were the territory of national banks, energy companies and pharmaceutical giants with oversized ambitions and possibly malevolent intent. Nonprofits weren’t motivated by “creating efficiencies,” particularly at the expense of their own staff members – many of whom came from the very low-income communities those same nonprofits were seeking to serve.

But, oh, the times they are a-changin’. Nonprofit mergers are on the rise in NYC, and we’re going to see many more of them. Whether you like the reasons or not, you’d better know what they are because this, my friend, could happen to you.
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Let’s Turn this Old Barn into a Theater! (Part III of III)


Big Car in Indianapolis, IN is a former auto service center.

Dear Reader, About a year ago the Naturally Occurring Cultural Districts (NOCD) working group asked your Man About Town to write a nice, juicy case study about what happens when cultural organizations buy non-cultural facilities and fix them up.  This three part series details my findings, although it’s well worth checking out the original report to see case studies from nearly a dozen cultural organizations across the country.  You can also read Part I and Part II of this series to learn more about the unique opportunities and challenges of adaptive reuse. Continue reading

Let’s Turn this Old Barn into a Theater! (Part II of III)


Grange halls make badass theater spaces.

Dear Reader, About a year ago the Naturally Occurring Cultural Districts (NOCD) working group asked your Man About Town to write a nice, juicy case study about what happens when cultural organizations buy non-cultural facilities and fix them up.  This three part series details my findings, although it’s well worth checking out the original report to see case studies from nearly a dozen cultural organizations across the country.  Check out Part I of this series to learn more about the unique opportunities and challenges of adaptive reuse. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part VI of VI)


All that’s left of the Dodo. Luckily, CSH, NFF, Enterprise and LISC are all still around.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part V of VI)


Disney’s Dodo: not known for innovative social finance policies.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part IV of VI)


The Dodo hangs with Alice in Wonderland. LISC, Enterprise, CSH and NFF are not building affordable housing there.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here.

Click on the following links to read Part IPart II or Part III. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part III of VI)


Dodo’s do not scale well. Luckily, intermediaries do. – Image by rhombitruncated.

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part II of VI)


This picture of a feisty dodo has nothing to do with this blog. – Image by Michael Kutsche

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.

To binge-read the full reportclick here. Continue reading

What do LISC, Enterprise, NFF and CSH Have in Common with the Dodo? Nothing. (Part I of VI)


The dodo has nothing to do with this blog series. Really. – Image by Daniel Eskridge

Dear reader, as part of a special report for Shelterforce I sat down with the heads of four of the largest community development intermediaries in the country and asked a simple question:  Are you still relevant?

This six part series looks at the evolution of their role in the community development sector and their strategies for the future.  To binge-read the full report, click here. Continue reading

What If Someone Gave You $5 Million (…and then asked for it back)? – Part I


Money, baby!

So here’s the deal: there are wealthy people and institutions out there in the world right now who are willing to give your nonprofit a lot of money.  As a matter of fact, that number appears to be growing.  It’s getting to be such a hot topic that even stodgy Forbes is talking about it, KMPG is staking its claim in the Social Impact Bond market, and David Cameron is all up in the G8’s business.  You know that when the Harvard Business Review says that Social Impact Investing Will Be the New Venture Capital, well, it’s all over but the crying.

There’s just one problem:  the sector needs deals.  Badly.  And they really want nonprofits to take the lead on proposing and structuring those deals.  That’s right, you.

So, what if someone gave you $5 million, and then asked for it back?  What would you use it for?  How would you advance your organization’s mission?  How would you insure repayment?  Perhaps most importantly, how could you use this opportunity to grow?

Well, I have some ideas for you.   Continue reading