The terms “triple-win” and “triple bottom line” are tossed around in nonprofit publications fairly regularly, especially when it comes to espousing the benefits of corporate philanthropy and corporate social responsibility.
At times, it can seem like forging triple-win partnerships are like cranking the philanthropic slot machine hoping for a three liner of cherries. A win for the nonprofit? Ding! A win for the corporate donor? Ding! A win for the community? Ding!
But authentic corporate-nonprofit partnerships that have real community impact are no simple gamble. They’re built on a foundation of mutual trust and respect, and a shared commitment to serving real people.
A great example of a successful triple-win partnership is the Nonprofit Arts Internship Initiative. With support from the Lincoln Financial Foundation, Arts United has placed more than 70 paid interns at northeast Indiana’s largest nonprofit arts organizations since 2007. Arts organizations gain assistance and expertise from local college students while providing interns with beneficial career experience in arts administration and nonprofit management. Read the rest of this entry »