Two nonprofits announced on Monday that they have merged to form one organization.

The Fairmount Park Conservancy and the Fairmount Park Historic Preservation Trust have merged and will go by the name Fairmount Park Conservancy.

The newly merged organization will have an annual operating budget of about $2 million and a staff of 16 people. The staff from both organizations remains employed, with no positions lost during the merging process.

The merger was approved by the two organizations’ board and became effective in January, but work had been done over the past few months to consolidate operations and develop a brand identity reflective of the organization’s broader mission: To preserve a multifaceted cultural landscape surrounding the past, present and future of the entire Fairmount Park system.

Read the rest of this article in the Philadelphia Business Journal.

The Fairmount Park Conservancy also recently launched its Re-imagining the Civic Commons Initiative after receiving $11 million in funding from the Knight and William Penn foundations.

Image via Flickr User Michael W Murphy