TYPES OF SUPPORT

Exploratory

Exploratory grants are used by organizations to explore the feasibility of a transaction. Grants may be used to pay for such things as external facilitators, consultants, and the costs of bringing decision-makers together. »

 

Implementation

Implementation grants are used to pay a portion of the identified and separable costs associated with a transaction including the third-party costs of lawyers, accountants, and consultants, the cost of breaking leases, one-time technology costs, or severance pay for employees, etc. »

 

FEATURE

FIRST, DO NO HARM


By John MacIntosh, Partner, SeaChange Capital Partners

Since its launch, the overwhelming reaction to the New York Merger, Acquisition, and Collaboration Fund (NYMAC) from the nonprofit community has been positive. But occasionally I’ve had the feeling that some organizations might be hesitant to approach us either because of our private-sector backgrounds or because NYMAC brings together a number of the foundations that are most active in New York City.

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