Effective Funder Collaborations
Kelly Fitzsimmons
Director of Corporate Initiatives, Edna McConnell Clark Foundation
Eric Schwarz
President and CEO, Citizen Schools
Kerry Sullivan
Senior Vice President, National Philanthropy Executive, Bank of America
Phil Buchanan
President, Center for Effective Philanthropy (Moderator)
Key Takeaways:
- There is great interest and practice of collaborating with private funders and NGOs. However, many funders have faced challenges in these partnerships, including a lack of focus in the funding group and difficulty in sharing the credit for their involvement.
- By not collaborating, both funders and nonprofits face additional costs and redundancies in fundraising and processing multiple transactions.
- An example of fruitful funder collaboration is the Citizen Schools and the Growth Capital Aggregation pilot lead by the Edna McConnell Clark Foundation (EMCF) in partnership with Bank of America.
Links:
> Citizen Schools
> Edna McConnell Clark Foundation
> Bank of America Corporate Philanthropy
> The Center for Effective Philanthropy
> Session Notes (PDF)
