In Colorado Springs, a new model that brings together ten powerful grantmaking foundations under one roof is in the works. The Philanthropy Collective is owned and managed by 315 Collective LLC, a group of six investors. Ten independent foundations are relocating their offices from other parts of the city into half of the nearly 15,000-square-foot structure. The goal is to create a large-scale focus on mission-related community development. Some of the 65 people who are relocating there began living there last month.
"You'll see a variety of workspaces — individual, conference-style, hot desks, and flexible," says the founder. Hot desks are workstations with electronic plug-ins for visitors who require a small professional space to complete tasks. The structure opens to outdoor patios to "capitalize on Colorado" and inspire "serendipitous sharing" throughout. Read the Entire Article
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REDF, a San Francisco-based nonprofit, will receive a $7 Million grant from the federal Social Innovation Fund program.