December 12, 2011

Day 22: Invite another funder to join you in supporting a strong nonprofit. #30DayDonorChallenge #GiveSmart

By: The Bridgespan Group

Many donors collaborate with other philanthropists to increase their impact. There are several ways that donors can work together, from informal information sharing (like conferences and donor forums) to more formal giving arrangements (like collaborating on a grantmaking strategy). If you fund a nonprofit you are particularly invested in, why not invite others to join you to boost its impact? To see an example of such a co-investment, check out The Edna McConnell Clark Foundation’s Growth Capital Aggregation Pilot.

Thank you to Jason Franklin, the Executive Director of Bolder Giving, for the inspiration behind today’s tweet—we look forward to his guest tweet and microblog tomorrow.

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