Strategic alliances can take many forms, including the sharing of information and resources, partnerships, collaborations, consolidations, and mergers with nonprofit and for-profit entities. Strategic alliances help to strengthen individual nonprofit capacity, as well as the capacity of the sector as a whole. Strategic alliances and partnerships with public and private sector entities can serve to fill in gaps in services to constituents and communities and better use available resources.
- Legal Practices are legally required of all Montana nonprofits
- Essential Practices are widely recognized as industry standards and generally expected of all nonprofits
- Recommended Practices should be considered by all nonprofits, with implementation dependent on capacity and life stage