Executive Transition Fund
Executive
Transition
Fund
Overview
The Executive Transition Fund (ET Fund), launched in 2021 by the Nonprofit Sustainability Initiative (NSI), supports Los Angeles County-based nonprofits through critical executive leadership transitions. The ET Fund has awarded grants (ranging from $75,000 to $100,000), tools and support, and a peer network to three cohorts of organizations to date, totaling 18 nonprofit organizations. Recognizing there is no “one transition plan fits all” approach, NSI emphasizes comprehensive transition planning reflecting each organization’s values and unique circumstances. NSI’s work has demonstrated the importance of treating transitions like other strategic endeavors, incentivizing thoughtful planning with robust investment. Transitions of long-tenured executives often involve documenting institutional knowledge, right-sizing the executive role, board engagement and training, external consulting and coaching, recruitment, and more.
Abandoning the “wait and see” approach is not enough. Funding transitions requires moving beyond scarcity mindsets. With average transition budgets estimated at $235,000, organizations need change capital to handle unexpected expenses like prolonged recruitment, overlapping salaries, retention bonuses, or consultants for new leaders.
Executive transitions are not merely organizational crossroads; they are opportunities for resiliency and growth. By supporting transitions boldly and proactively, funders can help nonprofits emerge stronger, ready to sustain and expand their impact. View the complete 2025 Executive Transition Fund report to see top nonprofit discoveries and funder recommendations.”
Gone were the usual feelings of isolation and secrecy, and we were able to operate with a level of transparency with each other, with ourselves, between board chair and executive director, that our transition became a catalyst for incredible organizational growth. It became healing and transformative instead of the opposite.”
It's time to life the veil and dissolve the stigma and secrecy around nonprofit leaders and organizations evolving to new chapters, and instead celebrate and support transparent processes that will sustain organizations' ongoing missions under new leadership, and the NSI initiative is making a great start.”
There is more to a change of leadership than just hiring a new leader. There are issues with how or whether you involve staff in the process. There are issues concerning the involvement of the leaving CEO/Executive Director. The opportunity to discuss the myriad of issues and to learn from peers proved invaluable.”
We have been able to approach our executive transition in a comprehensive and startegic manner, learn from others, and share our experiences along the way. We are so appreciative of the support and guidance to help build a sustainable future for the Center for the Pacific Asian Family.”