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Community Wealth Collaborative
Goals and Results
The
Collaborative’s goal is to help nonprofits increase mission impact.
This is accomplished through three main objectives:
- To
increase nonprofit revenue – At its core, the Collaborative
seeks to create new sources of income for nonprofit
organizations by helping them develop earned income ventures.
These ventures should result in increased levels of unrestricted
income that will help create greater financial sustainability
among Cleveland nonprofits.
- To build
organizational capacity – In addition to providing support
for the business ventures, the Collaborative process assists
nonprofit organizations more broadly. The goal is for nonprofit
organizations to transfer lessons to overall operations and
increase organizational performance by applying business
practices and analytical thinking.
- To create
regional change – Although the Collaborative is principally
focused on delivering technical assistance directly to the eight
selected organizations, it also aims to have a broader impact on
the regional nonprofit marketplace. The Collaborative aims to
achieve regional change by developing social enterprise leaders,
sharing lessons from the project with the local nonprofit
community, and connecting local business leaders and
entrepreneurs with area nonprofit executives.
The
Collaborative has operated in nine metropolitan regions across the
United States, achieving extraordinary outcomes for the
participating organizations. Click
here to read the most
recent report on Collaborative outcomes.
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