4 Reasons Why More Nonprofits Should Consolidate

From busness2community.com



Just recently, one of our customers contacted us about an upcoming merger with two other similar nonprofits in their part of the country and their desire to combine their databases.

During the discussion, they explained why this consolidation was happening. It made all of the sense in the world!

Why doesn’t this kind of thing happen more often in the nonprofit world?

Rarely does a single day go by in which your local business news or the national business news does not announce a corporate acquisition and/or merger.

Does the commercial sector know something the nonprofit sector has yet to discover?Perhaps there is a tendency to stick close to the status quo. It’s easy to just adjust the previous budget by a few percentage points and play it safe for another year.

Such “safe” practices seldom leads to breakthroughs in achieving the mission or worse yet in EXCITING any major donors.

Let’s explore a few reasons why more nonprofit consolidation can and should take place:

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