Let’s help funder collaboratives work better for grantees
In Inside Philanthropy, Executive Vice President for Programs Hilary Pennington offers recommendations to improve the ways funder collaboratives engage with grantees.
Published in Inside PHILANTHROPY | July 10, 2019
Let’s Help Funder Collaboratives Work Better for Grantees
By Hilary Pennington
The number and use of funder collaboratives has accelerated in the U.S. in recent years because foundations believe that working together and pooling resources allows them to achieve greater and more substantive outcomes.
A new study released this week by the Bridgespan Group (and partially funded by my organization, the Ford Foundation) provides evidence for this theory, but, notably, also surfaced some downsides for grantees. Philanthropy would do well to take their concerns to heart so these collaboratives can achieve their full potential impact.
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The Ford Foundation is an independent organization working to address inequality and build a future grounded in justice. For more than 85 years, it has supported visionaries on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement. Today, with an endowment of $16 billion, the foundation has headquarters in New York and 10 regional offices across Africa, Asia, Latin America, and the Middle East.