Pooling funds- pooling strengths
Rationally designed, pooled funding maximizes funding for an issue. It also yields additional benefits. By joining a pooled fund, foundations can explore new issues. They minimize the risks (or investment required) to venture into unchartered territories.
By pooling their strengths and social capital, foundations also improve their knowledge on the issue and accelerate the transfer of good practices and innovation. Finally, they build the voice of the philanthropic community on the issue, increasing its influence.
NEF collaboratives are open to foundations interested in partnering on issues of interest to increase their impact.
NEF collaboratives are about
Supporting partnership building
Through the set-up of a donor collaborative at NEF, foundations partners agree on common goals and on ways of working together
NEF functions as a neutral platform where all partners come together on equal footing
NEF identifies and provides structure to the right secretariat staff
NEF brings its programme management expertise (roll out of calls for proposals…)
NEF handles the administrative functions (eg. due diligence for the grants …) while partners foundations focus on strategy
Aiming at strengthening a field
NEF pooled funds target small or under-funded organisations in the civil society sector
NEF aims at strengthening the capacity of its partners’ organisations by offering tailored support and fostering exchanges between peers – its ‘Funding Plus’ approach
NEF believes in the ‘learning by doing’ approach, in the value of experimentation
NEF fosters synergies and intersections across its pooled funds