The Lodestar Foundation has announced the eight finalists for its 2011 Collaboration Prize. The nonprofit is a grant-making organization that leverages philanthropy and promotes capital investment, aiming to expand the impact and growth of philanthropic organizations and effort.
It increases resources for nonprofit organizations through its support of their programs and projects that aim to encourage philanthropy, public service and civic engagement. Additionally, it increases philanthropic impact by supporting collaborations within nonprofits. The prize will award each of the eight finalist organizations with $12,500 for their collaborations and, from this group, a grand prize winner will be chosen to receive an additional $150,000.
In order to be eligible for the award, finalists' collaborative efforts must incorporate at least two nonprofit organizations. The efforts were judged on a set of criteria determining how effective the campaign was in achieving social good, using human and financial resources and responding to a challenge or opportunity. Additionally, it had to demonstrate how the collaboration was a model within its field, sector or community.
The eight finalists include the Adoption Coalition of Texas, which teamed with the Austin Community Foundation, Texas Department of Family and Protective Services and five other child-placing organizations to increase the number of children relocated from foster families to permanent homes.
Another organization, Community Voice Mail Federation, worked with a variety of human services organizations to help connect people in the throes of crisis via telecommunications, thus enabling them to secure information regarding employment, housing and other important information.
Other nonprofits to receive Lodestar's funding include Feed More, Graduate! Philadelphia, Gulf Coast Consortium, Merger Network for Good, Groundspring, The WAICU Collaboration Project and Westside Infant-Family Network.