Monday, June 16, 2014
New Nonprofit Leaders to Receive Boost From Open Society
The Open Society Foundations today announced it will fund nine nonprofits—from the U.S. to Ghana—to help their new leaders implement their vision. The two-year grants to support leadership transitions at human rights and social justice organizations are part of the $2 million New Executives Fund launched last June,
"Executive directors come to their posts with innovative ideas, but often lack the necessary resources to execute them," said Chris Stone, president of the Open Society Foundations. "We hope these grants can serve as a springboard for these leaders to jumpstart change."
Open Society's New Executives Fund gives organization heads with tenure of less than a year the flexibility to implement their own programs. It is the only available support of its kind for new nonprofit leaders.
"This fund is part of Open Society's commitment to strengthening the nonprofit sector worldwide," said Stone. "Our support during leadership transitions helps nonprofits navigate periods of change and growth."...