The Foundation will fund up to $30,000 to a collaborative of two or more organizations that have agreed to enter into the strategic restructuring process.
Examples of how these funds could be used include:
- developing the restructuring plan;
- undertaking the due diligence process (for example, examination of the financial and legal ramifications of a merger);
- completion of related legal work;
- facilitation of meetings between executive staff and/or board members of collaborating organizations; and
- executive recruitment.