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New Fund to Support Restructuring of LGBT Nonprofits
Download the RFP: PDF | Word
SAN FRANCISCO - Horizons Foundation announced today the availability of a new fund to help nonprofits serving the lesbian, gay, bisexual, and transgender (LGBT) community restructure in the face of the severe and continuing impact of the recession. Grants from the Intentional Change Fund will go to organizations exploring ways to reduce costs and strengthen programs through mergers, acquisitions, the sharing of "back-office" functions, and other means.
"These have been very tough times for nonprofits everywhere," said Jewelle Gomez, Horizons' Director of Grants and Community Initiatives. "LGBT organizations are no exception, especially as public funding dropped so sharply-and clearly threatens to drop still further."
Historically, LGBT organizations have struggled to carry out ambitious missions on small budgets. The recession has placed nonprofits of all sizes-and especially smaller ones-under tremendous strain. A 2010 Horizons survey, for example, revealed that fully 96% of LGBT-oriented nonprofits had been negatively affected by the recession.
"An organizational merger or acquisition isn't the answer to all organizations' challenges," added Roger Doughty, the foundation's Executive Director. "But there are a number of circumstances in which that may be the best option available for both of the nonprofits involved. More importantly, it may be the best option for the people who benefit from those organizations' work."
Nonprofits interested in applying for this opportunity can download the Request for Proposals from www.horizonsfoundation.org [PDF|Word]. The due date for proposals has been extended - proposals are now due by December 21, 2011 (postmarked or delivered in person by 5:00 p.m.). The Intentional Change Fund is made possible in part by a grant from The San Francisco Foundation.
Founded in 1980, Horizons Foundation was the world's first community foundation focused exclusively on LGBT issues. Since then, Horizons has provided more than $22 million in financial support to community organizations and causes in areas ranging from youth to elders, from LGBT arts and culture to civil rights advocacy. Horizons Foundation fuels the LGBT movement by increasing support for diverse San Francisco Bay Area nonprofits that help thousands of people each day. Horizons' work strengthens organizations and their leaders, mobilizes donors and funders to inspire giving, and actively secures the LGBT community's future for generations to come.