GNH Community

Community, Nonprofits and Businesses sharing Information

The following article from the Cape Cod Times reveals how challenging and how much time the bringing together as "one" a nonprofit merger process can take. I of course don't know all the details but given the differences in size between the two organizations, acquisition may be a better label for what is being negotiated. While indeed, the two may become one, one museum is larger with more resources. The reality being faced by the smaller institution, that it is losing money, may be the appropriate motive for discussions but remains a hard and bitter pill to swallow for board members. Still, in today's economy with the need to achieve efficiency and outcomes, mergers and acquisitions between two "like" institutions becomes the most appropriate action.
Thornton Burgess Society, museum still in merger talks
By Sean F. Driscoll
Posted May. 29, 2016 at 6:22 PM

The Cape Cod Museum of Natural History and the Thornton Burgess Society have been in merger talks for two years, but a decision may be coming early this summer, the head of one of the organizations said.

The two nature education nonprofit groups started talking about joining forces in late 2014 and went public with the matter in May 2015, but the groups haven't inked a deal yet. Robert Dwyer,president and executive director of the museum, said they're in the "ongoing due diligence component" that can be lengthy.

"When I started it, I was told it can take two to three years. I didn't think it would be true, but I'm living it," he said.

Gene Schott, executive director at Thornton Burgess, said the two organizations may chart a path forward soon. Several meetings are scheduled in the upcoming weeks that could give everyone a better handle on where the issue is headed and how — and if — the merger will proceed.

"When you're talking about two nonprofit boards, a lot of people on the boards have particular issues and thoughts and they want to have them expressed," he said. "We're still trying to piece things together."

The merger discussions began over lunch between Dwyer and Schott. The two organizations had collaborated in the past, most notably on a 2010 joint exhibit, and as the men talked they realized both groups had strengths that complemented the other.

In 2014, the Cape Cod Museum of Natural History had nearly $3.8 million in net assets and about $83,000 in net revenue, according to its tax filings. In the same year, Thornton Burgess had $1.3 million in net assets and expenses outstripped revenue by about $21,000.

— Follow Sean F. Driscoll on Twitter: @seanfdriscoll.

Views: 100

Comment

You need to be a member of GNH Community to add comments!

Join GNH Community

Welcome (Bienvenido, Benvenuto, Powitanie, Bonjour! Willkomme,歡迎, ברוךהבא أهلا وسهلا, Bonvenon) to GNH Community. Traducción de esta página

Si no habla inglés, puede
leer el contenido de este sitio
web haciendo clic en
"Select language" arriba y
eligiendo "Spanish".
El contenido, excepto los
archivos adjuntos, aparecerán en español.

~

Non-English speaking residents can read the content of this website by clicking on "Select Language" above and picking their preferred language. Once a language is selected all content with the exception of attachments will appear in that language.

OPPORTUNITY + EQUITY

Imagine. Inform. Invest. Inspire. Working together to build a stronger community - now and forever.

The Community Foundation office at 70 Audubon Street is open to visitors by appointment only; Foundation staff are available by phone and email Monday through Friday from 8:30 a.m. - 5:00 p.m. to conduct business or to schedule a time to visit. To contact a staff member, view our staff directory.

 

 

 

Open Street Project

An Open Streets Family Reunion: Reflections from the 2018 Open Streets Summit

By Ryan O’Connor, Director of Programs, 8 80 Cities Recently 8 80 Cities wrote a blog post about open streets being a labour of love. That being the case, the 2018 Open Streets Summit in New Orleans felt like a family reunion of sorts. It was rejuvenating to see old and new friends who share our passion for open streets and are working tirelessly to create healthier, happier, and more connected communities across the world. The event, which took place on September 15-16, brought together more than 50 leaders who currently organize open streets programs or are interested in bringing the...

The post An Open Streets Family Reunion: Reflections from the 2018 Open Streets Summit appeared first on Open Streets Project.

Open Streets Summit Draft Agenda

We hope you are getting ready and feel excited about the Open Streets Summit in Gretna/New Orleans! Taking place from September 15-16, 2018, the Summit will feature tours, presentations and networking opportunities with open streets champions and organizers from across the continent. Attendees will learn about the nuts and bolts of starting or scaling up open streets programs, including: Route design and planning Partnerships with business and officials Social inclusion Safety and logistics Marketing and promotion Program evaluation through measurable goals and metrics If you haven’t done it yet, click here to register for the Open Streets Summit only or...

The post Open Streets Summit Draft Agenda appeared first on Open Streets Project.

Open Streets Summit Speakers Announced!

The Open Streets Project is proud to announce that Ed Solis from Viva Calle (San Jose, CA), Romel Pascual from CicLAvia (Los Angeles, CA), Jaymie Santiago and Charles Brown from New Brunswick Ciclovia will join us as speakers for the 2018 Open Streets Summit in New Orleans and Gretna! Taking place from September 15-16 2018, the Summit will feature: Behind the scenes tour of the City of Gretna’s inaugural open streets program. Workshops, presentations, and networking opportunities with open streets champions and organizers from across the continent. Training and inspiration for both -novice and experienced- open streets organizers and supporters...

The post Open Streets Summit Speakers Announced! appeared first on Open Streets Project.

Local Initiatives Support Corporation

Creating Opportunity in Rural America: Why Our Funders Support Rural LISC

Funders make realizing our mission possible. At our recent Rural Seminar in Little Rock, Arkansas, we asked our funders why they support Rural LISC. Hear what our friends from USDA Rural Development, Mastercard Strive, U.S. Bank and Walton Family Foundation had to say.

LISC and American Express to Help Small Businesses Prepare for and Recover from Future Natural Disasters with $5 Million Grant

A new $5 million grant from American Express will help LISC and its business development organization partners equip small business owners with the knowledge and tools they need to prepare for and recover from natural disasters. The work will focus on communities in Chicago, Detroit, New Orleans and Puerto Rico.

In Memoriam: Beth Marcus, Former LISC EVP of Development

Beth Marcus, who died on Dec 1, was a 16-year veteran of LISC who led the organization’s fundraising to unprecedented levels of success, with an unwavering eye to forging maximum impact for underserved communities. In a tribute to her life and legacy, LISCers past and present reflect on Marcus’s extraordinary vision, effectiveness and heart.

© 2024   Created by Lee Cruz.   Powered by

Badges  |  Report an Issue  |  Terms of Service