Funding the Spirit of Collaboration

FS: What are examples of the types of collaboration the Catalyst Fund would finance?

William Pinakiewicz: We have 90 organizations who've expressed an interest in participating and getting allocations from the fund, just to give you a sense of the presented demand that we're seeing in the Boston area. We actually had two organizations that did a joint venture on their development areas. One organization had a lot of capacity in development — good, long-standing success in their fundraising efforts. And the other organization — a very similar type [of] organization, in terms of mission, geographically close to the other organization — had a very little bit of fundraising capacity. And they entered into a joint venture by which they shared some resources and did some joint fundraising sorts of things. They spent a long time developing the understanding about how it would operate, which resources would be shared for how many days a week, and the types of projects that they would be involved in, and basically enshrined that in the form of a memorandum of understanding.