Meagan Truong, left, and Frannie Reilly, right, of McNees Wallace & Nurick. Courtesy photos Nonprofit Mergers and Acquisitions: Pros and Cons for This Increasing Trend
There is an important, growing trend among nonprofit organizations to merge in order to conserve resources such as board members, grant funding and donors. Conservation of these resources will help to sustain the programs and services provided by nonprofit organizations for future generations.
July 16, 2024 at 09:46 AM
6 minute read
Merging business entities—whether by a traditional merger or when one entity purchases the stock or assets of the other—is always a complicated legal transaction, but when one or more nonprofits are involved, the process is even more difficult.
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