About
The Nonprofit Repositioning Fund (”NRF”) encourages and supports formal sustained collaborations between and among nonprofit organizations. It also assists individual nonprofits as they navigate restructuring and planful wind-down and dissolution processes. Through this work, NRF seeks to have a catalytic impact on the capacity, effectiveness, and financial health of the Greater Philadelphia Five County nonprofit sector.
NRF provides two grant pools designed to meet the evolving needs of nonprofit organizations: (1) Collaboration Grants and (2) Restructuring and Transition Grants.
Collaboration Grants
Collaboration grants support nonprofits that are exploring or implementing formal long-term collaborations. These collaborations can range from voluntary back-office consolidations to programmatic joint ventures, to mergers and acquisitions. NRF makes collaboration grants to nonprofits to identify and engage experienced technical assistance (TA) providers who can support the exploration or implementation of a sustained collaboration.
The Fund makes three types of collaboration grants:
Seed awards of up to $5,000, for organizations to assess readiness or begin the process of alignment
Exploratory grants
to conduct due diligence and assess feasibility of potential collaborations (average grant size – $25,000)
Implementation grants
to support one-time costs associated with the implementation of a collaboration (average grant size – $35,000)
Restructuring and Transition Grants
Restructuring and Transition grants help organizations in navigating restructuring, dissolution, and wind-down considerations. These grants will usually range in size from $40,000 – $75,000 and are designed to enable nonprofits to stabilize operations in the short-term, restructure, or wind down; and to engage experienced consultants who can provide specialized legal, financial, and strategic guidance in these processes.
SeaChange Capital Partners
The Greater Philadelphia Nonprofit Repositioning Fund is a program of SeaChange Capital Partners. Since 2008, SeaChange has been engaged in collaboration grantmaking, managing funds serving New York City, Delaware, and Massachusetts, as well as funds focused nationally and on institutions of higher education (IHEs). SeaChange is also the fiscal sponsor of the Sustained Collaboration Network, a membership association of nonprofit funders and intermediaries dedicated to growing community impact through sustained partnerships.
For more information, please reach out to the Fund’s Director, Lindsay Kijewski, at lkijewski@seachangecap.org.