Introduction
The economic environment has plagued many businesses, small and large, with hardship and uncertainty, leaving entities across all sectors and industries at risk. A recent study conducted by the Nonprofit Finance Fund (2009) shows that America’s nonprofit sector is financially vulnerable. The recession is forcing the issue of how to better invest in what works for the benefit of society. Decreases in funding and capital and human resources have affected nonprofit organizations’ ability to fulfill missions and serve populations in need of their vital services. Recognizing gaps of funding and resources, nonprofit organizations are turning to partnerships to effectively address the needs of their constituents.
According to the Chronicle of Philanthropy, “The turbulent economy is creating new incentives for charities to cooperate. More organizations are starting to share fund-raising and marketing ideas, while others are considering merging, combining ‘back offices’ to handle administrative duties, or other formal alliances” (Wallace 2009). Across the country, community foundations, United Ways and nonprofit associations are holding workshops to help charities learn about their options. Organizations can no longer afford to ignore the fruitful opportunities of collaboration. Funders and nonprofit entities are recognizing the potential impact that collaboration can produce, and are rewarding agencies engaging in collaborative behavior.
The United Way of Southeastern Pennsylvania (UWSEPA) understands the importance of cross-sector collaboration and nonprofit partnerships. Striving to increase awareness and the importance of collaboration, UWSEPA developed an arena to foster discussion and action. The arena created is the Strategic Partnerships Conference, which hosted the first annual Innovative Partnerships Competition in 2010 to bolster and reward Philadelphia’s nonprofit organizations who are working collectively towards greater impact.