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| What are some of the potential benefits of strategic nonprofit partnerships? |
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The Boston College Centre for Corporate Citizenship lists the following benefits of nonprofit partnerships:
Benefits to the community:
- Job creation and training opportunities
- Business development
- Technical opportunities and business skills
- Supplies and equipment through in-kind donations
- Expanded access to financial resources for community organizations
- Pooled resources to address complex problems
- Improved community health and reputation
- Improved community support structures
Benefits to the business:
- Workforce development
- Enhanced reputation
- Improved relationship with the community
- New market opportunities and intelligence
- Employee retention, loyalty, and morale
- Improved business practices and methods
- Opportunity to influence the formation of public policy
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