Posted by: laurakujawski on Tuesday, June 27, 2006
Topic General Fundraising
Fieldstone Alliance of St. Paul, Minnesota, and the New York-based Nonprofit Finance Fund (NFF) announced a new partnership, funded by a $9.3 million grant from the W.K. Kellogg Foundation, to improve the performance, effectiveness, and financial sustainability of more than 800 U.S.-based grantee organizations supported by the Foundation.
Participating W.K. Kellogg Foundation grantees will have access to a broad array of resources, including expert consultation, training, benchmarking, management tools, access to capital, publications, subscriptions, and professional associations and conferences. The more than 800 current Kellogg grantees will be expected to improve their organizational capacity and financial structure. This will help the nonprofits better achieve their missions, increasing their community-level impact and improving their prospects for long-term survival.