CFGA Strategic Restructuring Fund Grant

Community Foundation for Greater Atlanta


Grant amount: US $25,000 - US $100,000

Next deadline: Sep 28, 2018 9:00am PDT

Later deadlines: Feb 2, 2019 9:00am PST, Jun 1, 2019 9:00am PDT

Applicant type: Nonprofit

Funding uses: Training / Capacity Building

Location of project: Counties in Georgia: Barrow County, Bartow County, Butts County, Carroll County, Cherokee County Expand all

Location of residency: Counties in Georgia: Barrow County, Bartow County, Butts County, Carroll County, Cherokee County Expand all

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Overview:

The Strategic Restructuring Fund provides funds and/or management consulting services to support nonprofits as they assess, negotiate, design and/or implement restructuring efforts that promote more effective operations and high-performing programs.

At the Community Foundation, we’re committed to building strong, collaborative nonprofits in the region.

The Community Foundation’s working definition of strategic restructuring is: “Cooperative, collaborative relationships that exist between two or more independent nonprofits to increase administrative efficiency and/or programmatic impact through shared, transferred or combined services, resources or programs.

The Foundation is looking to support strategic restructuring efforts that involve any or all of these factors: 

  • Partnership assessment
  • Administrative consolidation
  • Joint programming with integrated systems
  • Shared facilities
  • Joint business venture
  • Integration/merger
  • Transfer of programs from one organization to another

Available Funding

Projects should be for one of the points of collaboration listed below:

Partnership Assessment (consulting services valued at 25,000-$50,000)

Organizations need to assess their readiness and suitability as potential partners. This involves asking a series of questions about each organization and their people (board, staff, volunteers, clients/audience), and looking at the organizations’ strengths, weaknesses and “unique ways of doing things.” This is extremely important as experience has shown that an honest evaluation of readiness factors often correlates with success. By understanding the strong and weak points relative to a potential strategic restructuring effort, organizations will be in a better position to anticipate difficulties before they occur. An assessment is not a cash grant, but a service provided by a consultant with specific organizational assessment skills.

Readiness and Negotiation ($25,000-$50,000)

Organizations will negotiate details of the strategic restructuring effort. This stage of restructuring delves deeply into the specifics of what is possible for the partnering organizations. When appropriate, legal counsel should be included to explore specific legal issues that may be relevant to a potential partnership, such as the impact on government contracts, grant agreements or employment agreements. At the conclusion of this stage of the process – having agreed upon what the partnering organizations will undertake – the partnering organizations should be ready to design and/or implement their restructuring effort.

Design and/or Implementation ($25,000-$100,000)

Organizations should approach the design phase with special focus on some of the following issues:

  • Development of a design and/or implementation steering committee
  • Creation of an integration/implementation plan
  • Timeframe
  • Use of legal counsel
  • Integration of the board, management, staff, program and systems
  • Managing culture conflict

Implementation of a partnership, be it a merger or other strategic restructuring, is in some ways straightforward: organizations craft the Memorandum of Understanding or merger contract, file the appropriate papers and restructure. However, Foundation staff and the Strategic Restructuring review committee are keenly aware that the integration of people and processes that makes real all the previous discussions can be cumbersome and conflict-laden, and acknowledge that organizations must be deliberate in every step of this process. 

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • The lead organization must meet the following eligibility criteria:
    • Must be located and providing services within the Foundation’s 23-county service area;
    • Must be classified by the U.S. Internal Revenue Service under Section 501(c)(3) of the I.R.S. code as a non-profit, tax-exempt organization, donations to which are deductible as charitable contributions under Section 170 (c)(2) and the I.R.S. determination must be current; 
    • Must be registered with the Georgia Secretary of State as a nonprofit (click here to verify); 
    • Must have a minimum two-year operating history after the date of receipt of its 501(c)(3) classification; 
    • Must have annual operating expenses greater than $100,000 as reflected in the most recently filed I.R.S. Form 990 (click here for more information on Form 990); 
    • Must have at least one full-time paid employee (paid minimum wage or more, working at least 35 hours per week, classified as a W-2 employee) for the 12 months prior to submitting an application (please note that contractors or consultants do not count toward this requirement); 
    • Must have a current written strategic or business plan for the whole organization that covers at least 24 months which includes the organization’s entire current fiscal year and includes the following: 
      • Mission and vision statements
      • Evidence of an environmental scan (an assessment of stakeholder and community needs)
      • Stakeholder participation (staff, board, consumers/clients, volunteers, etc.)
      • Strategic goals and measureable objectives
      • Implementation plan showing action steps, a timeline and assigned staff and board responsibilities
      • Quarterly, semi-annual or annual written assessment by staff and board to measure organizational progress towards goals 
      • Preference will be given to strategic plans that include reference to resources (expenses and staff/board capacity) necessary to achieve goals and objectives 
    • Must have audited or reviewed financial statements that follow Generally Accepted Accounting Principles (GAAP) or Government Auditing Standards (GAS) for the past two completed fiscal years as required by budget size. 
    • Must have filed the end of grant report for any previous Strategic Restructuring Fund grant. 

Ineligibility:

  • Ineligible Organizations:
    • Private and publicly funded schools (K-12) and institutions of higher learning. This does not include nonprofit charter schools; 
    • Organizations that exclusively raise funds for publicly funded schools (K-12), institutions of higher learning and government agencies; 
    • Organizations that require participation in religious services and/or education as a condition of receiving services; and/or 
    • Organizations that have discriminatory policies and/or practices on the basis of race, color, national origin, age, disability, sex/gender, marital status, familial status, parental status, religion, sexual orientation, genetic information or political beliefs. 
  • Ineligible Requests:
    • Applications from organizations that have not identified at least one nonprofit organization with which to partner 
    • Applications requesting grants to pay for expenses incurred prior to the grant period. 


About this funder:

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