Value Shift
The author has penned an engaging book that unravels the complicated issues surrounding business ethics.
The author has penned an engaging book that unravels the complicated issues surrounding business ethics.
Since 1970, more than 200,000 nonprofits have opened in the U.S., but only 144 have reached $50 million in annual revenue. They got big by doing two things: They raised the bulk of their money from a single type of funder. And just as importantly, these nonprofits created professional organizations that were tailored to the needs of their primary funding sources.
Combining idealism with a genuine love of business, John Sage cofounded the social enterprise company Pura Vida, one of the largest distributors of fair trade organic coffee in the world. In this University podcast, he discusses his mission to improve the lives of people in coffee-growing regions. Sage explains how Pura Vida works at the intersection of the for-profit and nonprofit sectors, showing how the two can be blended to generate both revenues and social good.
Grantees of foundations have little control over which program officer takes their case. Yet program officers make or break grantees’ experiences with foundations. To trigger social change, foundations must give program officers better training, clearer expectations, and regular performance feedback.
Most nonprofits don’t know how to lobby and, worse, think that it entails cutting shady deals with sleazy characters. Yet lobbying is nothing more than educating legislators – a right that our democracy guarantees. To make change, nonprofits must learn to lobby. And who knows? They may even learn to love it.
Funders are calling for more program evaluation, but nonprofits are often collecting dubious data, at great cost to themselves and ultimately to the people they serve.
Large-scale social change requires broad cross-sector coordination, not the isolated intervention of individual organizations.
For NGOs, impact comes in different forms and to track the cycles of social change work, we must think across the tangibility and the speed of emergence of change.
With an understanding of these 10 funding models, nonprofit leaders can use the for-profit world's valuable practice of engaging in succinct and clear conversations about long-term financial strategy.
Social entrepreneurship is attracting growing amounts of talent, money, and attention, but along with its increasing popularity has come less certainty about what exactly a social entrepreneur is and does.