Creative Nonprofit Collaboration: Four Basic Principles

Collaborative nonprofit projects are on the rise, such as through new joint venture opportunities, partnering with social enterprises, and even strategically engaging with business to further mutual interests.   But Section 501(c)(3) organizations may not simply give their money or other assets without restrictions.  After all, their resources are charitable:  they held in trust for the “public” benefit and subject to high levels of legal accountability. So, what questions should these nonprofits ask themselves before engaging in these ventures?  

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