Seachange supports nonprofits facing complex financial and organizationalchallenges. We do this with grants, loans, consulting, and research to educate nonprofits, funders, and other stakeholders. Seachange also works to build effective connections between funders and nonprofits on the associated issues. We focus in four areas:in mergers and sustained collaboration, we support nonprofits that already have aserious interest in coming togetheror in exploring how they mightby covering aportion of the costs of exploring or completing the transaction. We manage fourgrantmaking programsthe seachange-lodestar fund for nonprofit collaboration, the new YORK merger and collaboration fund, the greater philadelphia nonprofit repositioning fund, and the transformational partnerships fund (with a focus on higher education) that provide funding to encourage and support mergers, acquisitions, joint ventures, and other types of formal, sustained collaborations between nonprofits. Seachange is a foundin