NYCT Report Shares Lessons Learned From Funder Collaboratives

NYCT Report Shares Lessons Learned From Funder Collaboratives

Over the last four decades, collaborative funding efforts have been instrumental in making life better for the people of New York City, a report from the New York Community Trust finds.

The report, Stronger Together: The Power of Funder Collaboration (16 pages, PDF), highlights the impact of the twenty collaborative funds the trust has partnered in since 1977 —   including the Arts Forward Fund, the Donors' Education Collaborative, the Fund for New Citizens, the New York City AIDS Fund, NYC Workforce Funders, and the One Region Fund — leveraging some $119 million in grants for a range of causes and issues. Between 2006 and 2014, for example, the twelve funders from New York, New Jersey, and Connecticut participating in the One Region Fund invested $4.65 million in transit policy reform and development initiatives, resulting in an additional $22.7 million in state grants and loan guarantees and $4 million in federal funds. Similarly, since 1987 the Fund for New Citizens has brought together thirty-three funders who have awarded $20.6 million in grants to grassroots organizations working to help some eighteen hundred immigrants a year with their citizenship and residency filings.

In addition to brief profiles of ten funder collaboratives, the report shares lessons learned from those experiences, including: good relationships with city government can provide focus and result in much-needed resources; effective governance of a collaborative fund requires that no single member dominate the agenda; conflicts of interest should be checked at the door; and partners need to adapt to changes in membership and the field.

"Stronger Together: The Power of Funder Collaboration." New York Community Trust Report 08/15/2016.