Public-Private Partnerships: The Role of Philanthropy
No one organization or sector has the full suite of capabilities, relationships or assets to tackle persistent and escalating social problems such as poverty, homelessness, food insecurity, inequitable access to education and health care, among others. As public resources dedicated to societal benefit become scarcer and calls for accountability become more urgent, the public sector increasingly is turning to public-private partnership (P3) models. Consequently, these models and approaches are becoming as multi-faceted, systemic and global as the challenges they aim to address. This course will examine the P3 models - the theory that informs cross-sector collaboration, and practical challenges and opportunities to make effective and “authentic” P3 partnerships for your organization.
- The evolution of P3s from infrastructure contracts to complex, multi-faceted platforms to improve social problems
- The P3 structure in terms of benefits and risks for each P3 partner, with special focus on the value of engagement for philanthropies and nonprofits
- The role/function of various funding and innovative financing mechanisms to achieve P3 goals
This course is eligible towards the completion of the Certificate in Fundraising . Bundle your coursework and earn a professional credential that communicates knowledge and skills gained. Declared Certificate students receive 10% off of courses within the program.
Note: Full participation in this course is applicable for 15 points in Category 1.B – Education of the CFRE International application for initial certification and/or recertification.
You'll Walk Away with
- The ability to assess and articulate the effectiveness of various P3 models and the innovative funding/financing mechanisms they employ.
- Knowledge on how to apply and assess the effectiveness of nonprofit leadership and management in cross-sector partnerships and to the provision of public services.
- The ability to analyze the contributions, benefits, and risks of participation by different organizations from different sectors to the provision of public benefit services.
- An understanding of evaluating partnerships in terms of each member’s role toward P3 collective impact and success in the fulfillment of shared societal goals.
- Those working within or seeking to work in Partnership Management or Strategic Development roles
- Leaders and program managers in organizations who want to more effectively leverage these relationships