Private vs. Public
Private funding can support key elements — such as strategic planning and staff trainings — that may not be covered by public funding sources.
After nearly a decade of work, the B’more for Healthy Babies initiative has helped to reduce infant mortality and improve the lives of thousands of parents and children in Baltimore. Central to its success? A funding approach, called collective impact, that involves blending public investments with private-sector contributions from foundations, businesses and nonprofits.