Nonprofit Myths: #6 - No Profit for Nonprofits?
MYTH: Nonprofits are not allowed to make a profit from their activities.
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Nonprofit Myths: #5 - Change to Nonprofit?
MYTH: I am going to convert my for-profit business to a nonprofit business.
What's a Social Entrepreneur?
Since reading a 2010 paper by Howard Husock published by the Philanthropy Roundtable, I’ve had this question on my mind. Ruth McCambridge of the Nonprofit Quarterly raised it again not too long ago in a LinkedIn group (Readers of the Nonprofit Quarterly), and I was compelled to peck out a quick reply on my iPhone while waiting for a 6 am flight home from McAllen, TX, where I’d been teaching (yes, there were typos).
501(c)(3): To Be or Not To Be?
CLASSIC ARTICLE - Just because an organization does good work, it doesn't necessarily qualify for tax-exempt charitable status. Nor does it have to incorporate.
Preparing to Launch an Enterprise
CLASSIC ARTICLE - Starting an earned-income venture takes more than a good idea. It also takes careful planning. Rolfe Larson shows how to assess venture ideas and how to decide which ones are worth pursuing.
Weighing Options, Confronting Obstacles
CLASSIC ARTICLE - What role should the board play in planning and implementing an enterprise? Here's a list of issues to consider and roadblocks to avoid.
Social Entrepreneurship: Mobilizing Resources for Success
CLASSIC ARTICLE - Unlike for-profit business owners, social entrepreneurs cannot measure the success of their efforts in financial terms alone.
Legal Structures for Business Ventures
CLASSIC ARTICLE - Should a nonprofit corporation form a subsidiary when it starts a business venture? Not necessarily. Creating a subsidiary can protect the parent corporation from liability and might attract new revenue.
The Challenges of Becoming a Social Purpose Enterprise
CLASSIC ARTICLE - The principles of "social entrepreneurism" have had a transforming effect on New Economy philanthropists. For the social service agencies that embrace those principles, the effects may be even more profound.
Business Planning for Social Enterprises
CLASSIC ARTICLE - Unlike for-profit ventures, social enterprises need a business plan that addresses both financial goals and social goals. Sutia Kim Alter describes the process of creating such a plan.