The mission of the Transformational Partnerships Fund is to support colleges and universities in exploring partnerships and collaborations that could fundamentally transform their operational approaches, with a focus on solutions that prioritize student stability and success.
The grant program offers catalytic grants of up to $100,000 for colleges and universities to explore a variety of partnership forms. This exploration can range from shared administrative services and consolidated academic offerings to full mergers. The funds are intended to be used for engaging third-party technical assistance providers with expertise in areas such as law, finance, governance, fundraising, human resources, and more. This initiative aims to facilitate explorations that lead to transformative collaborations, emphasizing efficiency and enhanced educational outcomes.