The Newark Community Wealth Collaborative continues the process of innovative assistance to entrepreneurial nonprofits. Over the course of 10 months this project will advise and support six Newark nonprofit organizations as they develop and implement earned income ventures.

A consortium of funders, including the Wachovia Regional Community Development Corporation, Prudential Foundation, MCJ Foundation, Victoria Foundation, Bank of America Charitable Foundation, IDT Corporation, PSE&G, JPMorgan Chase, Ohl Foundation, Lucent Technologies Foundation, and an anonymous foundation, are sponsoring the Community Wealth Collaborative.

Six leading nonprofit organizations were selected to participate in the project. These organizations will benefit from:

• Access to experts in the fields of social enterprise and business development;

• A proven methodology for selecting, planning, and launching a social enterprise, along with assessment tools and research support;

• In-depth monthly interaction and collaboration with peer nonprofit organizations; and

• Customized assistance from experienced consultants.

The Collaborative was launched in October 2006 and concluded in September 2007.

Current Participants

Contact Community Wealth Collaborative