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With new data about the financial health of Greater Philadelphia nonprofits combined with troubling trends due to COVID-19, it's clear that collaboration will be a vital strategy for both nonprofits and funders if the sector is to continue to provide essential services and stimulate innovation that advances social purpose.
As philanthropy continues to respond to the COVID-19 pandemic, foundations, corporate giving programs and others have an opportunity to redirect and commit resources to rebuild a system desperately begging for change.
Following their participation in a roundtable chat on giving circles at the 2019 SPARX Conference, we invited the Asian Mosaic Fund to answer a few questions about their structure and how they build a sense of community through giving.
Donor collaboratives are being used to fund creative solutions to some of today’s most complex social problems.
