CFGA Strategic Restructuring Fund Grant

Community Foundation for Greater Atlanta

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

Next anticipated deadline: Apr 5, 2020 9:00am PDT

Later anticipated deadlines: Sep 13, 2020 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 Show all

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

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About this funder:

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Overview:

About Strategic Restructuring

The Community Foundation for Greater Atlanta is committed to building strong, collaborative nonprofits within the 23-county region. We work with other funders and nonprofits to find the best practices to assess, negotiate, implement and evaluate partnership models between nonprofit organizations. The purpose of the Strategic Restructuring Fund is to provide funds and/or management consulting services to support two or more nonprofits as they assess, negotiate, design and/or implement substantive strategic restructuring efforts that seek to promote more effective operations and high-performing programs based on community needs and assets.

Funding for the Strategic Restructuring Fund comes from the Community Foundation for Greater Atlanta’s Common Good Fund. In part, the Common Good Fund is designed to help nonprofit organizations meet the changing needs and resources that confront them. The Strategic Restructuring Fund is just one of the diverse array of programs devoted to this effort. 

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.

Foundation is interested in supporting 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 assessing organizations’ strengths, weaknesses, culture 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 restructuring effort, organizations will be in a better position to anticipate challenges 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)

In this stage of restructuring, organizations delve deeply into the specifics of what is possible for the partners and negotiate the details of the restructuring effort. 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)

During this stage of the process, organizations will create or finalize an integration or implementation plan for their restructuring effort, and some will restructure. A design and/or implementation steering committee should already be in place prior to this stage of restructuring. Organizations should approach this phase with special consideration for the following: 

  • Program and/or systems integration, including affected areas of operations
  • Timeframe as related to partners’ fiscal years, government contracts and/or programmatic schedules
  • Strategic use of legal counsel
  • Integration of the board and staff
  • Managing differences in organizational culture 

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.