Go to Top

Wells Fargo Regional Foundation

Maximizing Impact by Investing in Sustainability

Community Wealth Partners and the Wells Fargo Regional Foundation in partnership with Success Measures at NeighborWorks America, offer the Sustainability Initiative, a nine-month program for a cohort of neighborhood revitalization organizations. The program is designed to ensure that the Foundation’s mission-critical grantees sustain their impact, ultimately allowing the Foundation to maximize its impact in these neighborhoods and fulfill its mission.

With a focus on the tri-state area of eastern Pennsylvania, Delaware and New Jersey, the Wells Fargo Regional Foundation is on a mission to improve the quality of life for children and families living in low-income communities.  The Foundation aims to accomplish this goal by funding long-term, comprehensive neighborhood revitalization initiatives that address critical community needs.

The Sustainability Initiative helps participating grantees leverage neighborhood outcomes data to articulate their impact, understand their costs and implications for program prioritization, explore options for revenue diversification, build a financial plan that is connected to desired programmatic outcomes, and make a case for unrestricted financial support.  It also provides grantees the opportunity to practice pitching to funders, giving them the rare opportunity to receive candid, constructive feedback on their case before they make an ask to new funders.

The first two cohorts—consisting of a total of 11 grantees—report that they are better equipped to make difficult, data-driven decisions related to programs and prioritization, have developed compelling cases for financial support, and have enhanced their ability to pitch their work to prospective funders.

The Foundation is excited by the preliminary outcomes of the Sustainability Initiative. One of the first grantees to secure new funding is HANDS, Inc., which is working to revitalize the small city of Orange, New Jersey.  As a result of its ability to make its case, HANDS received a two-year general operating grant totaling $190,000 and a capital grant of $210,000 from the Kresge Foundation.