As many not-for-profit (NFP) organizations face reduced federal funding, some are beginning to explore mergers as a potential path forward. Mergers aren’t just about cost savings—they can also be a strategic tool to strengthen mission delivery, increase sustainability and better serve communities.
While merging isn't the right move for every organization, it’s a conversation worth having, especially during periods of financial uncertainty. If your NFP is beginning to consider a merger, here are the key areas to evaluate before moving ahead.
When funding becomes uncertain, NFPs often respond by cutting programs, reducing staff or scaling back services. But in some cases, a merger can provide a way to grow stronger together. Joining forces with a like-minded organization may create opportunities to reduce overhead, expand reach, improve service coordination and offer a more stable foundation for the future.
Please select this link to read the complete article from OSAP Mission Partner Clark Schaefer Hackett (CSH).