Community foundations hold a special place in philanthropy, operating at the intersection of the aspirations of those in need and those with the means to fuel positive change. In May 2014, five community foundations in New Mexico began an exploration to discuss new models of cooperation including a merger and/or a consolidation of operations. In the course of the exploration, two community foundations dropped out and, while the three remaining community foundations vigorously pursued a merger, final agreement could not be reached and the merger did not take place. The Lodestar Foundation provided a grant to support the exploration.
Grant Amount: $30,000
Year Granted: 2014
Grantee: New Mexico Community Foundation
Location: NM - New Mexico
Grantee Website: New Mexico Community Foundation