Good+Foundation’s Post

Join us on July 25th at 10:00 AM EST in the No Nonsense Nonprofits Facebook group for an informative session on "Financial and Legal Considerations for Nonprofit Mergers and Acquisitions." We look forward to seeing you there! #FBLive #TipsbySandi #NonprofitLife #NonprofitAccounting

Join us on July 25th at 10:00 AM EST in the No Nonsense Nonprofits Facebook group for an informative session on "Financial and Legal Considerations for Nonprofit Mergers and Acquisitions." We look forward to seeing you there! #FBLive #TipsbySandi #NonprofitLife #NonprofitAccounting

With funding so tight and demand up, it may seem odd that mergers are at a record low. But so often we see "cultural clash" or another vague reason as to why a merger failed, when really we know that often it just comes down to Boards or CEOs not wanting to put themselves out of a job. Merging isn't always the answer, but the spectrum of informal partnership right up to merger has a number of options, and the best organisations consider these properly by thinking: - Could this enable us to help more people in a more effective way? - Will we become more financially sustainable? - How ambitious can we really be together? Times are tough, and the best mergers are those properly considered from a position of strength, not at the point of financial rescue. Our approach to this is to tackle the tough questions early, whilst building a strong, trusting relationship between the key people involved. Such as: - Who will be the CEO and Chair in the merged entity? - What do individual Trustees, funders, and other key stakeholders really think, and what are they not saying? - What are the real blockers, and can we overcome them? If you're starting to think about greater collaboration right up to and including merger, get in touch for a chat. https://lnkd.in/euvVtRbt

Understanding the common risks in nonprofit mergers is essential for effective planning, problem mitigation, and achieving the intended benefits of the merger while preserving core values and operational efficiency. Join us on Thursday, August 1st, at 10 a.m. EST in our Facebook group, No Nonsense Nonprofits. We’ll delve into the complexities of nonprofit mergers, exploring strategies for successful integration, sustainability, and growth in the post-merger phase. #FBLive #TipsbySandi #NonprofitLife #NonprofitAccounting

Nonprofit M&A is a growing field. Whether increasing impact and efficiency through growth or consolidation, mergers and acquisitions in the nonprofit field have grown in both frequency and complexity. In fact, according to a recent study by Bridgespan, mergers in the nonprofit field occur at a rate of 1.7%, roughly the same as the 1.5% in the for-profit sector. However, nonprofit M&A advisors and lawyers are a specialty, and not everyone does it well. Trust us, we know. One group we have worked with successfully is Oaklyn Consulting, which recently advised on a $100 million nonprofit M&A deal where we were counsel. Their financial analysis helped our client get a much better deal. Our advice: work with pros if you want good results. 

While you might also find the song “God Bless the Broken Road” a bit cheesy, it really crystallizes some profound wisdom for me. As my career (and life) has progressed through ups and downs, lefts and rights, I often refer back to its wisdom. That reality is frequently out of phase with perception; what feels like a detour leading into a ditch often proves, through hindsight, to be a waypoint driving me forward. After leaving the Navy and its fixed structures, my road led me into an unrelated, highly subjective field: campaign communications for higher education, healthcare, and cultural philanthropies. I had to adjust my style and broaden my perspective. Over time, I found that I was exactly where I was supposed to be. The work resonated with who I am… finding joy in discovering what makes each client tick uniquely… partnering with a diverse mix of creatives, fundraisers, and operators… and building technology to address our client's pain points directly. Best of all, this road led me to find purpose and meaning as the leader of two amazing teams who, rain or shine, commit their talents to helping clients improve the human condition. About a decade ago, the road led me to Charlie Melichar. It didn't take long to discover that beyond simply respecting Charlie as a human and professional, we shared a disruptive point of view about our industry. In large and small ways, and without any real plan, we set about rethinking how our collective talents could deliver better, more impactful work for our shared clients. Without ever realizing it, we embarked on a long road of thinking, co-creating, pressure testing, and continuously refining our ideas. About six months ago, Charlie and I realized that the broken road called us to challenge our assumptions. We both sensed that clients were realizing that campaigns are not about vanity, slick brochures, or a web of needs; they are about the deep expression of how an organization is poised to answer the call of the moment, its mission, and its ambitions. We both agreed that to do this well goes beyond communications; our work must gain traction and deliver value through a foundation of thoughtful, modern, and fully integrated counsel. I am beyond excited to announce the next chapter of our journey. I am delighted to welcome Charlie as the Principal of our company, while I will serve as the Vice President of Client Services. Together, we are committed to driving impactful and innovative solutions for our clients, and I am eager to see where this road will lead us next.

Hi, #nonprofit leaders: join us on March 26 for a free webinar, "Planning for Critical Decisions"-! Register now: https://lnkd.in/gn3nMmDA Expert speakers are Candice Meth and #TimothySchroeder of EisnerAmper. They will share insights about these topics: - Reviewing economic forces that create variability in nonprofit budgets - Identifying additional revenue sources based on mission alignment and scenario planning - Leveraging cost-savings measures without sacrificing program effectiveness - Tax planning and triggers for unrelated business income tax - Considering affiliations, mergers, and acquisitions as part of growth strategy

Discover how nonprofit mergers can be more than just a survival tactic. In their latest article, Christie George & Taren Stinebrickner-Kauffman explore how strategic M&A can preserve missions and boost impact. 🤝📈 Dive into their insights on planning, cultural integration, and the transformative potential of combining forces: https://buff.ly/3y1aHMJ #NonprofitImpact #StrategicMergers #SocialChange

Looking back at one of our first clients. They’d raised $800K a year prior and didn’t need to raise more while we worked with them for two years. But they more than doubled in revenue. They paid us $220K and got over 8X ROI in terms of customer lifetime value closed/won. They didn’t grow at all costs. They grew sustainably. They got acquired at a time when acquisitions weren’t happening as much. RevenueZen's job is to guide you to sustainable thriving. So you don't have to dilute your equity and your soul in order to grow.

Cerity Partners, an independent wealth management firm, completed the acquisition of Touchdown Ventures, a provider of advisory services for corporate venture programs. Financial terms were not disclosed. "Our partnership with Touchdown Ventures comes during a period of significant growth for Cerity Partners and will be instrumental in deepening our offering to corporate partners. Touchdown's best-in-industry VC professionals, coupled with our shared fiduciary commitment to deliver exceptional service in our clients' best interest, make them an ideal partner. We couldn't be more excited to welcome the Touchdown team," Kurt Miscinski, Cerity Partners CEO. Touchdown (led by David Horowitz and Rich Grant) was advised by Park Sutton Advisors, a Waller Helms Company and Nelson Mullins Riley & Scarborough. Cerity Partners (led by Kurt Miscinski) was advised by Lowenstein Sandler LLP and Prosek Partners. Link to the article in the comments. #MergersAcquisitionsDivestitures #Advisory #WealthManagement