Nonprofit Collaboration for Cost Savings

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By Community Editor

In support of nonprofit excellence, the Oak Park-River Forest Community Foundation sought and has received a $50,000 grant from the Searle Funds at The Chicago Community Trust. The grant will allow the Foundation to develop a plan for back-office savings in areas such as financial management, human resource administration, information technology and facilities management among local nonprofits.  A professional survey will capture information to understand systems, tools and processes now in place at each organization. Potential areas for collaboration and financial implications will help inform alternative scenarios to improve efficiency and reduce administrative costs.

Oak Park and River Forest area nonprofits face funding challenges and understand the need to create efficiencies to support increased services to their clients.  Funding from this grant will provide the necessary data on which to build beneficial collaborations to reduce costs. It is anticipated that recommendations from the study may form significant opportunities which, if implemented, could yield a ten-fold savings over the cost of implementing administrative changes.

Collaborating nonprofits who may benefit include:
Age Options
Animal Care League
Aspire of Illinois
Collaboration for Early Childhood Education
Community Support
Ernest Hemingway Foundation
Hephzibah Children's Association
Historical Society of Oak Park
Momenta Performing Arts
NAMI Metro Services
Oak Leyden Development Services
Oak Park Art League
Oak Park Day Nursery
Oak Park Educational Fund
Oak Park Regional Housing Center
Oak Park River Forest Food Pantry
Oak Park River Forest Walk-In Ministry
Parenthesis
Pillars
Pro Music Youth Chorus
Sarah's Inn
Seguin Services Seven Generations Ahead
The Children's Clinic
Thresholds
Thrive
Way Back Inn
West Cook YMCA
West Suburban PADS

The Community Foundation encourages and supports a culture of collaboration that provides context for action. The Foundation is committed to nonprofit excellence. Bringing the resource that this grant provides to the community is an example of the way the Community Foundation works to strengthen nonprofit excellence in our community.

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