Skip to main content

Check out our 3Q2024 Market Review and Investment Outlook for the remainder of 2024

FINAL BANNER IMAGE kam

“Alright, Stop. Collaborate and Listen”

Photo of author, Kathleen McDermott.
Kathleen McDermott
Business Development Manager and Director of Nonprofit Advisory Services

I hope the catchy title to this blog caught the attention of my colleagues who also grew up in the 80s. For those younger or older than me, this is one of the first lines in the debut song "Ice Ice Baby" by American rapper Vanilla Ice. While I don't think Vanilla Ice's song had much to do with nonprofit collaboration, I couldn't resist considering the words stop, collaborate, and listen when it comes to opportunities for nonprofit organizations and the community collaboration.

According to a recent Forbes article, nonprofit collaboration is one of the top nonprofit trends that will dominate in 2024. The author states that collaboration "…will become paramount, both to move the needle on entrenched issues and to create the infrastructure needed to support the social sector."

So, what can nonprofit organizations do to foster effective collaboration in their communities?

STOP

Nonprofits may need to avoid certain behaviors or practices to be more effective and to enhance collaboration:

  • Nonprofits should avoid working in isolation. It's important to reach out, network, and build partnerships with other organizations to maximize impact and share resources.
  • Nonprofits need to stop viewing other nonprofits as competitors but rather as potential collaborators. Collaborative efforts can lead to greater success in achieving shared goals.
  • Organizations should put an end to short-term thinking. Effective collaboration often requires a long-term perspective. Nonprofits should avoid focusing solely on short-term gains and instead invest in sustained partnerships that can lead to lasting impact.

COLLABORATE

Cost savings, improved efficiencies, and better programs are obvious reasons to collaborate, but here are some other benefits of collaboration:

  • Diverse Perspectives: Nonprofit collaborations bring together diverse perspectives, experiences, and ideas. This diversity can contribute to more comprehensive problem-solving and a deeper understanding of the issues at hand.
  • Strengthening Advocacy: Collaborating allows nonprofits to amplify their voices and advocate for change more effectively. A united front can attract more attention and support from the public, policymakers, and other stakeholders.
  • Enhanced Credibility: Partnering with other reputable nonprofits can enhance an organization's credibility and legitimacy. It may also increase trust among donors and the community.

LISTEN

If the purpose of collaboration is to work with others for the betterment of the community, it is also necessary to listen to a variety of stakeholders. Again, there are some obvious contenders, such as partner organizations, donors, and funders. Here are some other dynamic "voices" worth listening to:

  • Government and Policy Changes. Staying informed of these matters helps you adapt your strategies based on the evolving regulatory and policy landscapes. You don't want to effect change without this knowledge.
  • Technology and Innovation. Embracing these advances can improve collaboration and efficiency. Being open to innovative solutions benefits ALL stakeholders.
  • Cultural Sensitivity: Being attuned to cultural nuances and diversity within the community ensures that collaborative efforts are respectful and inclusive.

I certainly didn’t wake up this morning thinking I would be writing a nonprofit collaboration blog based on the lyrics of an 80s rap song, but well…here I am. What thoughts do you have for nonprofit collaboration?

Word to your mother.


Sources:

https://www.forbes.com/sites/forbesnonprofitcouncil/2024/01/11/nonprofit-trends-that-will-dominate-2024/?sh=5626e5f84a38

Related Insights
Hands NAS NOV 2024

The Philanthropic Autobiography

Studies show clients want their financial advisors to dig deeper into their altruistic motivations and values to help them with their goals for leaving a lasting legacy. Indiana University identified several questions that help donors discover for themselves what they want to articulate to advisors. “The Philanthropic Autobiography” is an adaptable tool used by philanthropy professionals. It helps donors reflect on who they are and think closely about their involvement in giving.

Read More
Pitfalls USE

The Pitfalls of Year-End Giving: 6 Things Donors Need to Know

As the calendar year draws to a close, charitable giving often surges. Many nonprofits ramp up their fundraising efforts, knowing that the holiday spirit, tax incentives, and personal reflection prompt individuals to give generously. While donating at the year-end is a powerful way to make an impact, it’s not without challenges. To ensure your contributions have the desired effect, it's crucial to understand some common pitfalls of year-end giving — and how to avoid them.

Read More
Board Meeting NAS NOV 2024

The IPS: Understanding Nonprofit Fiduciary Responsibility

In the world of nonprofit governance, fiduciary responsibility is one of the most crucial obligations for board members and finance committees. Fiduciary standards of loyalty and care are fundamental to protecting the organization’s financial health and mission. A key tool in managing these responsibilities is the Investment Policy Statement (IPS). This document serves as the blueprint for how a nonprofit manages, monitors, and evaluates its investment portfolio in alignment with its goals. Learn more

Read More
Play