Nonprofit Strategic Restructuring Initiative
Strategic restructuring establishes an ongoing relationship between two or more independent organizations by merging, sharing, transferring, or combining services, resources, or programs to reduce duplicated services, improve effectiveness and efficiency, or to increase financial stability. Learn more about nonprofit alliances and mergers by visiting Resources.
The Dyson Foundation’s Nonprofit Strategic Restructuring Initiative is a staged funding program supporting organizations through the process of:
- exploring the feasibility of restructuring,
- planning the restructuring,
- integrating the restructured entities, and
- supporting the restructured entity.
There is no requirement for the organization to go through each stage of the process, but the Dyson Foundation will not fund out of sequence. For example, the Foundation will not fund an organization's preliminary exploration request after funding its implementation request.
To be eligible for funding through this initiative, one or more of the collaborating organizations must be a 501(c)(3) nonprofit organization, a library, or unit of government based in and primarily serving the Mid-Hudson Valley (Columbia, Dutchess, Greene, Orange, Putnam, and Ulster counties).
The Dyson Foundation particularly encourages applications from local organizations or chapters or affiliates of larger national or state-wide organizations that are anticipating or experiencing one or more of the following:
- competition from organizations providing similar services
- executive transition*
- opportunities to expand services programmatically and/or geographically
- significant shifts in the service delivery and/or funding environment
*Organizations anticipating or experiencing executive transition should contact a Dyson Foundation program officer prior to submitting a Letter of Inquiry.
Funding from the Strategic Restructuring initiative is not available to the following:
- private/independent schools, or public school systems
- faith-based organizations
- colleges, universities, and hospitals
- organizations with primary state-wide or national programming, even if physically located in the Mid-Hudson Valley
- organizations with an annual operating budget of over approximately $15 million (larger organizations may wish to contact a program officer to discuss whether they are eligible to apply)
How to Apply for Dyson Foundation Funding