Community Resilience Fund: Become a Partner
Capital Combined Magnifies Impact
Now more than ever, the social sector faces an uphill battle to make an even greater impact at the same time that less funding is available to do so. While resources may be fewer, a fundamental and truly critical strategy in making change happen right now is to combine our efforts, money, expertise, and people into a single force for the social changes we hope to see. The Community Resilience Fund represents a major milestone in NFF's efforts to push forward this kind of change, and we are grateful for the support of all of the funders and partners who have spent the last year working hard to develop the Community Resilience Fund. If your foundation, family office, fund or other institution feels as we do, we hope you join us in our goals to grow or replicate CRF. Please contact Kristin Giantris to share your ideas and explore opportunities to join the fund. Learn more about CRF below.
What Makes CRF Different From Common Approaches to Philanthropy?
CRF isn’t about paying for direct services. It is about helping organizations fundamentally adapt to new economic realities to become sustainable for the future. It focuses time, money, and external consulting expertise on the organizational and financial issues that support all programs. CRF recognizes that our current financial path is unsustainable, and gives organizations the breathing room to look beyond the day-to-day demands of running a business—making payroll, paying the electricity bill, or keeping up the facility—so they can focus their attention on understanding their financial trends, challenges, and opportunities in order to build a road map to long-term stability and strength.
CRF is also about developing new ways of doing business. Many of us in the social sector know that new approaches are required in order to meet the needs of today and tomorrow. The problem is that our institutional and business structures make it difficult to combine financial resources and explore partnerships. How can we bring all our society’s resources together—whether tangible or intangible—to address the underlying causes of poverty, violence, health problems, or environmental challenges? NFF describes this type of collaboration as Complete Capital: blending financial capital (the right money), intellectual capital (the right ideas and information), social capital (the right networks), and human capital (the right people and expertise) to solve social problems. (Read more about this approach in the Stanford Social Innovation Review.)
NFF’s Community Resilience Fund (CRF) is an ambitious effort to begin putting Complete Capital into practice, pooling resources into a single coordinated program that seeks to maximize the impact that each resource would struggle to make on its own.
Going beyond CRF
To make expansion and replication possible, and to have an impact beyond the organizations we directly touch with this work, we will be carefully tracking the CRF work. We will share what we learn with participants, and with all who care about the work and clients of these social sector organizations. We will arm the sector with the data to drive conversation about better, more lasting solutions to arrest the fraying of the social safety net.
CRF is an innovative approach to maximizing philanthropic resources, to address the most critical social issues of our time in ways that none of us can do alone. We invite you to learn more about our pilot project, to inquire about joining our next initiative, or to work with us to design one addressing your particular interest. Contact Kristin Giantris, Managing Director, Strategic Innovation: firstname.lastname@example.org.