What is a Nonprofit Merger? How Does it Work?
The word merger has begun to appear more regularly, often as nonprofits explore ways to strengthen sustainability, expand impact, and better serve their communities. Yet few understand the formal process for combining two separate legal entities. In this program—intended for nonprofit executive directors, chief financial officers, and board members—we will take a dive into the process of a corporate merger for New York State nonprofit entities.
Takeaways
- Corporate due diligence: things to consider for membership organizations, board approval requirements, and New York State compliance
- Employment due diligence: employment policies, contracts, and retirement and benefit programs
- Managing assets: combining bank accounts, handling physical structures and equipment, and navigating grants and fundraising
Presenters
Heath Bloch is Founder of Ingenuity International, Inc. As an executive consultant, board member, and former CEO, Heath holds over 25 years of experience driving organizational growth and transformation across healthcare, human services, and nonprofit systems. Nichole Fenichel-Hewitt is Executive Director at The Art Effect. Nicole is an experienced leader who has navigated nonprofit mergers, bringing together distinct arts organizations under one umbrella. George C. Whipple III is a Member of the Firm of Epstein Becker Green. George specializes in employment law and has managed corporate mergers and due diligence processes for large and small clients.
About the Series
The Community Foundations of the Hudson Valley offers a series of capacity-building trainings designed to strengthen local nonprofits through practical skill development, peer learning, and access to expert resources. These sessions help organizations grow more resilient, sustainable, and effective in serving their communities.
