Efficient Non-Profit Partnerships

Non-profit partnerships are very effective but challenging. Partnerships emerge when board members agree or when two organizations collaborate with the help of funders. Each scenario has its advantages as well as disadvantages. 

When two organizations recognize and share the same beliefs and collaborate have a deep connection and strong goals. If funders force two organizations to collaborate, the tie will last until funders are no longer in the picture and the collaboration breaks.

Strong non-profit partnerships starts with:
– Ties among organizations and the community
– Accountability
– Non-profit boards and CEOs work to strengthen the partnership
– Discussed results, responsibilities, roles, and allocation of resources.
– Stakeholders know what is going on
– Agreement between the organizations to break the collaboration if it does not work

Should your partnership or New York or New Jersey non-profit encounter any problems, Metropolitan Risk Advisory provides risk management & insurance brokerage service, advice, and insurance coverage in the following lines of insurance: NY Non Profit General Liability Insurance, NY Non Profit Workers Compensation Insurance, NY Directors & Officers Liability Insurance, and NY Fiduciary Liability Insurance.

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