Collaboration is a group of organisations (more than one) who share common values agreeing to work together for a shared common goal. A strategic collaboration, however, is one that advances your organisation’s mission through providing the right methods, channels, resources.
In philanthropy, collaboration is also known as ‘impact philanthropy’; the coming together of non-profits towards a social cause. This is considered the best way of solving some personal weaknesses as an entity through merging strengths with like-minded organisations.
Collaboration and partnership can either be informal and formal (contractual agreements), while some may evolve from being informal to formal as more common values emerge.
Draw up a simple Memorandum of Understanding which will be a helpful reminder of the partnership agreement
*Remember to always take minutes during any meeting
In as much as impact philanthropy can be successful in generating social impact, it does not always come without limitations. Consideration of the external environment and its impact is crucial. Thus, collaborative partners should take note of the following;
In-kind donations offer non-profits the opportunity for a variety of collaborative strategies. For example, grants received from government departments or other philanthropy organisations; family foundations or alumni, usually need you to sign some form of agreement. Some collaborative approaches come in the form of major donations, which offer longer-terms for collaboration, crowd-funding programs encourage the ordinary people to be givers, donating a certain amount for a specific cause. The lattr becomes the grassroot approach of philanthropy, encouraging collaboration from individuals within and between communities.
Strategic partnerships have the potential to aid in the success of your organisation’s goals and initiatives, enables you to contribute to much bigger causes and broaden your impact, have alliances with organisations that you normally would not share common space with at the same time provide you access to new target audiences.
*Partnerships take time and effort, not all partnerships have benefits (especially if partners do not have common values.
*Effective collaboration goes beyond a handshake, contractual agreements, money received and given but to foster long term relationships.
The resources included in our ‘resources’ section/ tab offer success stories of other philanthropy organisations, family and community foundations, alumni, who found collaboration beneficial; how they achieved the success and when you should consider collaborating.