First-Ever $250,000 National Nonprofit Collaboration Prize Contest Ends in Tie Between Two Successful Mergers
Lodestar launched the competition last year in an effort to demonstrate how nonprofit resources can be used more effectively to create greater impact. Collaborations and mergers in the nonprofit world have become a frequent topic of conversation since the ailing economy began dominating headlines.
"Financial crises and pressure from funders certainly come into play from time to time, but the Prize generated an overwhelming response that demonstrated how non-profit organizations deploy the entrepreneurial spirit not only in starting new organizations and new programs, but also by reinventing and renewing their work through collaboration," said Sterling Speirn, CEO of WK Kellogg Foundation and lead Prize judge. "I am so impressed with the work of all of the applicants."