Tacoma #1 Cohort, WA
Together for 5 years
Cohorts lasts up to five years so relationships can strengthen, processes can develop, and internal structures can be built. Together, Friends of the Children Tacoma, PAVE, and Sound Outreach meet quarterly to present grant proposals to each other, vote on new grants, share progress updates, and seek advice on new challenges as they build capacity and grow.
The mission of Friends of the Children Tacoma is to impact generational change by empowering youth who are facing the greatest obstacles through relationships with professional mentors – 12+ years,
no matter what.
Founded 2019
The mission of PAVE is to share information and resources with people whose lives are linked to children, and adults with disabilities.
Founded 1980
The mission of Sound Outreach is to empower Pierce County and South King County residents to achieve their financial dreams and to secure personal financial security through an integrated model of coaching and counseling.
Founded 1996
<span data-metadata=""><span data-buffer="">Long-Term Community Investment
Magic Cabinet prioritizes community-born, led, and serving organizations to build their capacity and accelerate their impact. We believe if given the time, tools, and resources they ask for, the organizations and the communities they serve will flourish.
<span data-metadata=""><span data-buffer="">Capacity Building Projects Overview<span data-metadata="">
An effective nonprofit is more than its programs. Each Cohort has access up to $2.5m through collectively approved capacity-building grants— approximately $500k available each year. Every Cohort member faces unique challenges and opportunities for their organization; that’s why they determine how to leverage Magic Cabinet funds.
As our first Magic Cabinet cohorts adjourn after five years together, cohort members share lessons learned, surprising moments, capacity-building projects, and what's on the horizon for their organizations.
Of the many benefits we’ve seen from our Cohort Model, there’s one unique aspect that defines its success: nonprofits resourcing each other to build stronger organizations through collaboration and connection.
A new survey on fiscal sponsorship explores the current state and future state of the field, including opportunities to introduce greater equity to the model.