Nonprofits Merge to Grow Efficiently
Nonprofits Merge to Grow Efficiently
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POWERED BY KEYSTONE ALLIANCE
One of the best ways to learn about nonprofit mergers is to read about other people's experiences. One very thoughtful piece I have recently read is called From Corner Cafe to Corporation: The Inspiration Corporation Merger Experience, which highlights the benefits of a merger as a strategy for growth.
After leading a wonderful nonprofit
organization for almost 19 years, I concluded that in order to grow, we would
need to merge with a larger nonprofit. That merger between Lakefront Supportive
Housing and Mercy Housing, Inc., was completed in December 2005. A press release about the merger is found here (in Microsoft Word format).
I made the
decision to leave Lakefront and the merged entity before we concluded the