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Nonprofits Lead the Way in Cross-Sector Collaboration

Nonprofits Lead the Way in Cross-Sector Collaboration

We hear lots of talk about “public-private partnerships” from various sources, but according to a recent study by the Federal Reserve Bank of Boston, the “private” side of the equation is most often a nonprofit organization.  This discovery comes as no surprise to us here at the Liberty Bank Foundation; in fact, our observation has been that most of the progress we’ve seen on social issues over the past 10-15 years has come from collaboratives that consist mostly of nonprofits.  We participate in several.

The Boston Fed has a special interest in understanding what makes cross-sector collaboratives work.  Its Working Cities Challenge, now operating in Massachusetts, Rhode Island, and Connecticut, is an economic development effort that builds cross-sector collaboration and leadership to solve challenges affecting urban communities.

Our friends at the Fed have asked us to share a link to their latest research on what makes cross-sector collaborations tick, and as a funder of and participant in Working Cities CT, we’re pleased to share it with you.  Here’s the link—happy reading!

read the report

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