Teaming up – $1M fund

The United Way of Metropolitan Nashville and The Community Foundation of Middle Tennessee have joined forces to encourage nonprofit organizations to work together, the Nashville Business Journal reported March 23.

The United Way contributed $500,000 to create a new Fund for Administrative Collaboration at the foundation, which manages about 300 funds for individuals, corporations and nonprofits.

The fund provides one-time grants for health and human service group to team up for purposes ranging from purchasing to mergers.

The community foundation matches the United Way funds and oversees the grantmaking process through a committee. So far, the fund has made $384,000 in grants.

“It creates an opportunity for nonprofits to think differently about how they do business and makes it easy for them to apply for support,” Ellen Lehman, the community foundation’s president, told the Business Journal.

For full story, to the Nashville Business Journal.

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