Many nonprofit executives spend a good chunk of their time trying to talk corporate executives into giving them money. And companies big and small often respond generously. But social entrepreneurs should also consider a less well-known technique for generating new revenues: lobbying for changes in government tax policy. Such changes can yield an enormous outpouring of new resources for the social sector. A case in point is the Low-Income Housing Tax Credit (LIHTC), passed by Congress in 1986.…
To read this article and start a full year of unlimited online access, subscribe now!
Subscribe NowAlready a subscriber?
LoginNeed to register for your premium online access,which is included with your paid subscription?
Register NowSupport SSIR’s coverage of cross-sector solutions to global challenges.
Help us further the reach of innovative ideas. Donate today.
Read more stories by Doug Guthrie.