This program has been postponed to October 29. To register, please click here.
Part of Our "Beyond the Program Grant" Series.
While the 2008 economic turmoil led some underperforming nonprofits to consider mergers, financial distress is not the only motivation to explore a merger. Savvy nonprofit leaders see merging as a possible means to increase impact or achieve other strategic goals. But mergers take time and money, and create expectations. It is important to start down any merger path with eyes wide open.
This program dives into the “true cost” of merging. Hear from seasoned experts about their merger experiences – the impact on their organizations’ bottom lines and human capital - and other unforeseen implications. Our panelists will discuss obvious and hidden costs; the risk of underestimating costs; and whether anticipated efficiencies actually materialized. Learn why funders continue to support merger activity, and why nonprofit leaders, in spite of the significant costs associated with exploring and actualizing successful mergers, have decided to merge time and again.
Presenters
- Stephan Russo, Executive Director, Goddard Riverside Community Center
- Sr. Paulette LoMonaco, Executive Director, Good Shepherd Services
- Douglas Bauer, Executive Director, The Clark Foundation; Senior Vice President, The Clark Estates, Inc.
- Barbara Krasne (moderator), Managing Director and Co-Founder, KrasnePlows
Designed for
All interested funders.
Registration
9:00 AM - 9:15 AM Check-in
9:15 AM - 11:15 AM Program
Registration is required by September 24th.
Members: To register yourself and/or a colleague at your organization, please log in and click the Register Now link above. (no fee)
Guests of Organizers: Please email register@philanthropynewyork.org with your name, title, organizational affiliation, business mailing address, and phone number. Please indicate by which organizer you were invited. (no fee)
Non-Member Funders: Please email register@philanthropynewyork.org ($150 fee)