May 27, 2013
It's no secret that building a strong community around a nonprofit cause has unbelievable benefits. Therefore it should come as no surprise that collaborative fundraising is working wonders for many organizations. Partnering with other nonprofits to spread awareness and gain support is a great way to raise money for charities. Besides reaching a wider audience, team fundraising allows for cost-effective outreach, learning experiences and stronger programs, according to Forbes. Even though some organizations may not be in financial trouble, collaborative fundraising offers smoother processes and a more promising future. Financial stability is another positive result of this type of collaboration.
Forbes said combining forces with other nonprofits requires strategic alliances. In order to make the partnership mutually beneficial, whether it is a legally official partnership or for temporary fundraising purposes, work with an organization that can offer proper value and support. For instance, the source reported on the alliance between Chicago Youth Centers and Family Focus. This is a solid relationships because the two are able to become stronger internally, work on stabilizing finances and build their respective program effectively. The organizations focus specifically on reducing costs, creating better programs, improving outreach impact, expanding offerings and emphasizing leadership attributes.
How to work together
The manner in which CYC and Family Focus approached their collaborative project helps their charity fundraising efforts while also setting them up for future success. The National Committee of Responsive Philanthropy pointed out that in order to have a real impact on society, nonprofits need support and to be united. The California Civic Participation Founders started as a way to invest in social justice and bring bigger societal issues to the table, and has blossomed into a strong network that focuses on social progress in four different parts of the state. One of the most successful parts of the program and the partnerships it has made over the years is the learning environment it has created. There is a strong desire to constantly share knowledge of the latest news, changes in corresponding communities and the innovations and collaborative opportunities that organizations can use for outreach efforts.
The organization's leaders are excited to take what they have learned in the past few years and put it into practice within targeted areas. The teamwork and knowledge that now back the program play a key role in how sustainable it will be in the future and the type of impact it is going to have in surrounding communities.