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Funder Collaboration

By Peter Sloane
CEO & Chairman

Private grantmaking foundations don’t compete for customers or dollars, so the more we open up about what we learn, the better. In this first issue of a newsletter that we envision as a means to share what we’re learning, we highlight some of the partnerships we are currently invested in.

A former city official once told us that trying to get funders to work together was like herding cats. We don’t see it that way. There are challenges to overcome, from avoiding lengthy internal debates to overcoming the “we don’t need others” hubris. But we have the experience to prove that foundations can play nice in the sandbox. When they do, the rewards are exponential for those we serve.

The following are some of our recent collaborations. Please be in touch to learn more or to tell us about projects for which you seek partners.

America Achieves
In 2014 we joined with Bloomberg Philanthropies, the Thompson Family Foundation, and the Jack Kent Cooke Foundation in an initiative to increase the number of high-achieving, low- and moderate-income students who graduate from top colleges.

The College Completion Innovation Fund
(through Graduate NYC)
The first collaborative fund involving CUNY to focus exclusively on college retention and completion in New York City. Collaborators include Heckscher, the Michael and Susan Dell Foundation, Capital One Foundation, Carroll and Milton Petrie Foundation, and Stella and Charles Guttman Foundation.

Teach for America (TFA)
Veterans Corps Members Initiative
In 2015 we worked with the Charles Hayden Foundation to support TFA’s effort to recruit and train young veterans as a new teacher training cohort.

The New York Merger, Acquisition and Collaboration (NYMAC) Fund
NYMAC makes grants to encourage and support mergers, acquisitions, joint ventures, and others types of formal, long-term collaborations between nonprofits. Collaborators include the Altman Foundation, the Booth Ferris Foundation, the Clark Foundation, the Lodestar Foundation, the New York Community Trust, and SeaChange.

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