
Karen Faulkner and Lavina Chase of the Schrafft Charitable Trust take a ride on the Mystic with 2015 Social Innovator Mystic River Watershed Association. Schrafft has used SIF's Track Partnership process to learn about new issues and regions.
Karen Faulkner and Lavina Chase of the Schrafft Charitable Trust take a ride on the Mystic with 2015 Social Innovator Mystic River Watershed Association. Schrafft has used SIF's Track Partnership process to learn about new issues and regions.
We learned a tremendous amount—both from the SIF process and from one another—and worked together to determine which organization could have the biggest social impact.
One of the most frequently asked questions the Social Innovation Forum receives from people is, “What is a Track Partner?” Since Track Partners play such an important role in our work, we thought it would be helpful to offer this primer on Track Partnership, SIF’s distinctive model for engaging funders and leveraging impact through effective network growth and capacity building.
WHAT is a Track Partner? What do they do?
A Track Partner is a funder, or in some cases a group of funders, who want to increase the impact of their investments within a target social issue area. Track partners provide core support, both financial and hands-on, for our Social Innovator Accelerator, SIF’s flagship 24-month capacity-building program for nonprofit organizations.
WHERE is the track partner’s funding directed?
The Social Innovation Forum is working to create positive social change in greater Boston. All organizations supported by the SIF Accelerator are making a difference locally, in neighborhoods across Boston as well as Lowell, Lawrence, New Bedford, Worcester, and other communities surrounding Boston.
WHO can be a Track Partner? Are they the same from year to year?
Track Partnership appeals to a wide range of individual philanthropists, family foundations, community foundations, trusts, public charities, and corporations. Each year, we aim to recruit a mix of new and returning funders to maximize learning and ensure a diversity of perspectives and topics are incorporated into each program cycle.
The Social Innovation Forum wants to be sure our focus is on greater Boston’s most pressing social issues, which means that the process has to be flexible. Sometimes, Track Partners come to SIF with a clear interest area. Other times SIF chooses a topic and recruits a funder or a group of funders to support it. SIF works closely with all track partners to define a funding area that meets their interests and the needs of the community.
WHY do funders become Track Partners? What motivates them?
While motivations can be quite personal, there are some common reasons …
As a funder, we have found that the experience with SIF has been far deeper than simply supporting a track and a great organization. We believe our work with them has helped us to catalyze our funding strategy and hopefully to begin to change the field of early childhood in Boston.
WHEN do Track Partners commit? Is there availability for new Track Partners?
As of December 2017, we have three Track Partners and topics committed for our 2018-2019 program cycle: refugees, immigrants, and asylum seekers; supporting leaders of color in the environmental arena; and education. We are working with those partners now to further refine the descriptions of their track. Additionally, in an effort to respond to the interests of "next gen" donors and new donors, the Social Innovation Forum is convening a group of next gen and/or new donors to form a collaborative track for the 2018-2019 Nonprofit Accelerator.
We hope to have all of our track partners committed by March of 2018. If you are interested in becoming a track partner we encourage you to begin that conversation soon, as sometimes the process will go into the spring but sometimes our tracks fill up early! Of course, if that happens we are open to holding a track for the following year so please do reach out.
HOW can you learn more about SIF Track Partnership?
Contact us!
Quote 1: Christine Kendall, SmarterGive and the Gisela B. Hogan Foundation
Quote 2: Cindy Rubin, Director of the Miriam Fund