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Collaborating with a For-Profit: Some Risks but Huge Potential

AS MORE AND MORE nonprofits explore new avenues for revenue, many are weighing the benefits and challenges of collaborating with for-profit entities. Because this type of collaboration can provide access to sources of capital that are not typically available to a nonprofit, it can be an attractive option to those who know how to properly structure the partnership. For those who don’t, the partnership can lead to failure, compromised mission, and dissatisfied employees. How do you know if a nonprofit/for-profit collaboration is for you? Check out this article by Tom Triplett to learn more about how to collaborate with for-profit organizations.

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