NEW YORK, Nov. 15, 2018 /PRNewswire/ -- A new initiative, ARCH (Advancing Resilience & Community Health),
Nonprofit Finance Fund (NFF), with support from the Robert Wood Johnson Foundation (RWJF), is focusing the initiative on existing networks of CBOs that address food, housing, and other social issues critical to community well-being.
"Everyone deserves an opportunity to lead healthier and happier lives – which requires us to look beyond the doctor's office and address things like hunger, homelessness, and addiction," said Nima Krodel, Vice President at NFF. "We're assembling a group of partners willing to discover and create the bold and practical things it will take – relationship building, pricing analysis, contracting approaches, and more – to deliver better health through stronger collaborations."
CBO networks selected to participate in the ARCH initiative will work with their network members and with healthcare providers and payors to:
Participating CBO networks will receive tailored, expert assistance in areas such as financial planning, business model development, and cost analysis, and get stipends to support their participation in the initiative.
Despite increasing recognition of the role that social determinants of health play in overall well-being, CBOs and healthcare organizations are still learning how to work together. Across the country, early pilot projects are connecting organizations around shared health goals. This project will build on these pilots and speed the development of broadly applicable fair funding models and contracting approaches.
NFF will develop resources from the ARCH initiative to support broader field readiness for productive partnerships. ARCH learnings and stories will be shared widely through NFF's networks as well as in coordination with other initiatives that are working to improve community health outcomes. This project builds on NFF's substantial prior work on community health in partnership with RWJF and others.
Participants will be selected in early 2019. To learn more or to suggest a CBO network for initiative participation, please contact firstname.lastname@example.org.
Nonprofit Finance Fund® (NFF®) advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing. A leading Community Development Financial Institution (CDFI), NFF currently manages over $317 million. Since 1980, we have provided $771 million in financing and access to additional capital in support of over $2.6 billion in projects for thousands of organizations nationwide.
About The Robert Wood Johnson Foundation
For more than 45 years the Robert Wood Johnson Foundation has worked to improve health and health care. We are working alongside others to build a national Culture of Health that provides everyone in America a fair and just opportunity for health and well-being. For more information, visit www.rwjf.org. Follow the Foundation on Twitter at www.rwjf.org/twitter or on Facebook at www.rwjf.org/facebook.
Media contact:Tricia McKenna for Nonprofit Finance Fundtmckenna@nff.org 617-553-8020
View original content:http://www.prnewswire.com/news-releases/supporting-community-nonprofit-networks-to-partner-for-better-community-health-300751070.html
SOURCE Nonprofit Finance Fund
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