Foundations / Philanthropy
Foundation dollars, while continually expanding, are ultimately limited in their ability to solve the most pressing issues of today. The investments of foundations can go a longer way when they are coupled with the resources of other institutions. The Marga Method provides foundations with practical opportunities to enhance the impact of their investments by connecting funding initiatives to resources from other institutions (foundations, universities, corporations, government, and others). Because institutions generally do not budget for their involvement in innovative partnerships, resources from foundations can be especially catalytic in the formation and stability of partnerships.
Higher Education
Higher Education brings a unique blend of intellectual, physical, human, and economic capital that can be applied in various ways. The fact that higher education tends to feed all industries with knowledge and talent, universities are important partners. Institutions of higher education are often "anchor" institutions in the localities in which they reside, in that they engender genuine, lasting commitments to their neighborhoods, cities, and regions. Moreover, today’s capacity for the global reach of ideas and knowledge positions institutions of higher education to craft solutions with wide applicability. Marga helps higher education identify appropriate partnerships to take advantage of their local and global potential.
Corporations
As concepts of community relations, corporate social responsibility, and corporate philanthropy evolve, businesses are expected to play a more central and visible role in society. Corporations are increasingly viewing their engagement in society as integral to their bottom line. Greater attention to emerging markets among businesses of all types, for example, increases interdependence between corporations and the populations most affected by the great challenges of today's world. Marga can help corporations engage in partnerships in a strategic manner that subsequently advances their priorities and enhances potential for societal impact.
Nonprofit Organizations
Increasingly, nonprofit organizations must become more creative in building networks to support their efforts. It is now rare for any nonprofit to enjoy ongoing and significant financial support from a given foundation, government agency, corporation, or individual. Nonprofits must strategically situate themselves with a variety of potential partners – for reasons over and above simple financial support. Marga helps nonprofit organizations establish their potential for such strategic partnerships; because Marga works with a broad cross-section of major institutions, nonprofit organizations can not only gain Marga's assistance in developing strategies for partnerships, but in connecting to the appropriate partners as well.
Government
While government is primarily responsible for meeting societal needs, today's complexities have highlighted the limitations of public resources. Marga's approach can be valuable to government in broadening the range of partners that can complement policies and resources. As the public sector can serve as critical conveners of multi-institutional partnerships, Marga can provide the necessary research and assessment that can assist governments in understanding a range of possible partners, along with the additional steps needed to for connections with other key stakeholders, such as universities, corporations, foundations, and others.
Others
Overall, the work of Marga Incorporated emerges from the need for partnerships to bring together the range of resources, people, and institutions required to generate a positive global impact, improving health, education, the environment, or any of the pressing issues of today. Partnerships are necessary, but they are difficult to create and sustain. Awareness of the need for partnerships has increased, but methods for effective partnerships have not been perfected. Because all institutions and industries must find their relevance in collaborative efforts to improve our world, Marga's services apply across sector boundaries.