Posts Tagged: Nonprofits

McCormick Foundation and United Way Launch Fund to Support Local Nonprofits in a Volatile Economy

In the wake of government funding cuts, declines in giving and an increasing need for services, the McCormick Foundation and United Way of Metropolitan Chicago are partnering to create “United Way of Metropolitan Chicago Impact Fund,” an initiative to help local nonprofits provide urgently needed education programs for children and youth. The McCormick Foundation will match the first $2 million donated to the Fund at 50 cents on the dollar, up to a total match of $1 million. In response… Read more »

The Merger Wave that Never Broke

When the economy began tanking, a buzz of merger predictions ran through the non-profit world. With resources shrinking and too many organizations competing with each other, the time seemed ripe for consolidation. But nationally that hasn’t happened, at least on the scale predicted. Many non-profits are “intrigued” by mergers, says Jean Butzen, 52, president of Mission Plus Strategy Inc., an Evanston consultancy that advises on such deals. That’s supported by data from the Boston-based Bridgespan Group, which in both November… Read more »