- A nonprofit should be open to strategic alliances as a means to help achieve goals, improve effectiveness and efficiency and/or strengthen community connections with clients and others. Strategic alliances should never be made purely to meet funding challenges and should only be made between competent and functioning organizations. Related Case Study
- A nonprofit should carefully consider how entering into strategic alliances will affect all parties involved and decisions regarding alliances should be in line with the strategic goals of an organization and should impact the brand and image of the organization positively. Related Case Study
- A nonprofit, with board approval and full knowledge of its legal obligations and liabilities, may undertake responsibility of fiscal sponsorship for another organization. (Note: the IRS views fiscal agency differently from fiscal sponsorship: get legal advice before proceeding.) Related Case Study
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